Settings8H · net · $10k
Funding arb · Price arb /

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0102%/8h= −11.2% APRpaid last 24h +0.001%
Price spread now: Aevo against KuCoin0.000%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,421as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,407as in the Price arb table
costs, in and out, $10k−$2,40624.058% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.152%−$15 on $10k
Price spread, last 4 days (all we have)−0.343%−$34 · spread now 0.000%, 7d avg +0.012%
Together, before fees−0.495%−$49 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MELANIAUSDTM0.10900.0206pay 0.0103% / 4h35m 23s$440K$1.5M30x
ShortAevo MELANIA-PERP0.10900.0104get 0.0013% / 1h35m 23s$249K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$21.42
Price spread: 0.000% → +0.012%
−$1.21
Slippage, 4 orders
−$2,377.79
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$2,428.42
Costs to cover
24.058%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; Aevo: live order book, 14 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 5 min ago9.15 bp139.1 bp −$139doesn't fitdoesn't fitdoesn't fit
Sell Aevo live order book, 14 min ago1031.39 bp1075.4 bp −$1,075doesn't fitdoesn't fitdoesn't fit

MELANIA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MELANIA+0.0100%1h0.1089−0.092%$1.7M$195K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1090−0.035%$3.0M$3.2M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1090−0.028%$1.5M$778K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1088−0.156%$404K$96K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1089−0.064%$1.2M$136K100xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1090+0.018%$940K$232K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1090−0.046%$1.5Mas long as short
Variational Omni MELANIA+0.0100%4h0.1089−0.059%$113K$672as long as short
Aevo MELANIA-PERPshort+0.0104%1h0.10900.000%$249K3x
BloFin MELANIA-USDT+0.0128%4h0.1091+0.101%$197K$6K75xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MELANIAUSDTMlong+0.0206%4h0.1090long leg$440K$1.5M30x
Aster MELANIAUSDT+0.0537%4h0.1090+0.039%$21K$15K5xas long as short
Kraken Futures PF_MELANIAUSD+0.1760%1h0.1089−0.063%$25K$3K10xas long as short