Funding arb · Price arb /

MELANIA

all MELANIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1224%/8h= +134.0% APRpaid last 24h −0.244%

Price spread now: Kraken Futures against KuCoin+0.529%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$37 a day on $10k at the current rate, and Kraken Futures is 0.529% dearer against KuCoin than usual: you sell high and buy low: +$53 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MELANIAUSDTM	0.1095	0.0518	pay 0.0259% / 4h	11m 23s	$447K	$1.6M	30x
Short	Kraken Futures PF_MELANIAUSD	0.1101	0.1742	get 0.0218% / 1h	11m 23s	$25K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.529%Rate

Funding earned: $256.99
Price spread: +0.529% → 0.000%: $52.89
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $287.88
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: KuCoin: live order book, 4 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 4 min ago	18.23 bp	142.1 bp −$142	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.1097	+0.146%	$1.7M	$198K	3x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1098	+0.256%	$1.5M	$781K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1094	−0.064%	$410K	$101K	50x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1095	+0.037%	$944K	$231K	50x	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1098	+0.284%	$114K	$672	—	as long as short
BloFin MELANIA-USDT	+0.0112%	4h	0.1096	+0.082%	$196K	$6K	75x	as long as short
Aevo MELANIA-PERP	+0.0112%	1h	0.1095	0.000%	$250K	—	3x	as long as short
Binance MELANIAUSDT	+0.0115%	4h	0.1097	+0.164%	$3.0M	$3.2M	75x	as long as short
MEXC MELANIA_USDT	+0.0120%	4h	0.1097	+0.174%	$1.2M	$138K	100x	as long as short
BingX MELANIA-USDT	+0.0126%	4h	0.1097	+0.210%	—	$1.5M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MELANIAUSDTMlong	+0.0518%	4h	0.1095	long leg	$447K	$1.6M	30x
Aster MELANIAUSDT	+0.0874%	4h	0.1096	+0.055%	$21K	$15K	5x	as long as short
Kraken Futures PF_MELANIAUSDshort	+0.1742%	1h	0.1101	+0.529%	$25K	$3K	10x