Funding arb · Price arb /

MELANIA

all MELANIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against KuCoin−0.064%7-day average −0.093% · you buy dearer than you sell

Net, funding: paid 7d − costs−$351as in the Funding arb table

Net, price: spread back to 7d avg − costs−$331as in the Price arb table

costs, in and out, $10k−$3343.343% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.172%−$17 on $10k

Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.064%, 7d avg −0.093%

Together, before fees−0.190%−$19 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.029% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.093%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MELANIAUSDTM	0.1090	0.0100	pay 0.0050% / 4h	39m 04s	$402K	$976K	30x
Short	Gate MELANIA_USDT	0.1089	0.0100	get 0.0050% / 4h	39m 04s	$423K	$62K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee KuCoinbpFee GatebpOrdersPrice spread, now −0.064%Rate

Funding earned: $0
Price spread: −0.064% → −0.093%: $2.9
Slippage, 4 orders: −$307.29
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$331.39
Costs to cover: 3.343%
Break-even: never at this rate

Slippage from KuCoin: live order book, 25 min ago; Gate: live order book, 36 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 25 min ago	9.23 bp	137.5 bp −$137	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 36 min ago	20.35 bp	39.0 bp −$39	doesn't fit	doesn't fit	doesn't fit

MELANIA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid MELANIA	+0.0100%	1h	0.1090	−0.037%	$1.7M	$202K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1091	+0.049%	$3.0M	$3.0M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1091	+0.101%	$1.5M	$680K	20x	as long as short
Gate MELANIA_USDTshort	+0.0100%	4h	0.1089	−0.064%	$423K	$62K	50x
MEXC MELANIA_USDT	+0.0100%	4h	0.1090	+0.046%	$1.2M	$136K	100x	as long as short
KuCoin MELANIAUSDTMlong	+0.0100%	4h	0.1090	long leg	$402K	$976K	30x
Bitget MELANIAUSDT	+0.0100%	4h	0.1090	−0.046%	$965K	$216K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1091	+0.064%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1091	+0.070%	$113K	$590	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1085	−0.459%	$248K	—	3x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MELANIA-USDT	+0.0115%	4h	0.1091	+0.055%	$197K	$6K	75x	as long as short
Aster MELANIAUSDT	+0.0641%	4h	0.1090	+0.004%	$21K	$16K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1978%	1h	0.1090	+0.002%	$25K	$3K	10x	as long as short