Funding arb · Price arb /

MELANIA

all MELANIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.018%

Price spread now: Variational Omni against KuCoin−0.124%7-day average +0.108% · you buy dearer than you sell

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

Long on KuCoin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.031%−$3 on $10k

Price spread, last 4 days (all we have)+0.318%+$32 · spread now −0.124%, 7d avg +0.108%

Together, before fees+0.288%+ Points / potential airdropVariational Omni: Active · farm board+$29 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: Variational Omni is 0.232% cheaper against KuCoin than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.108%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MELANIAUSDTM	0.1088	0.0100	pay 0.0050% / 4h	53m 44s	$409K	$2.0M	30x
Short	Variational Omni MELANIA	0.1087	0.0100	get 0.0050% / 4h	53m 44s	$112K	$672	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.124%Rate

Funding earned: $0
Price spread: −0.124% → +0.108%: −$23.18
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$35.18
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 3 min ago; Variational Omni: RFQ quote, 50 min ago. 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, 3 min ago	9.23 bp	105.5 bp −$105	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 50 min ago	13.76 bp	doesn't fit	215.5 bp −$2,155	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	0.1088	+0.037%	$1.7M	$224K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1089	+0.112%	$3.0M	$3.4M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1089	+0.101%	$1.5M	$850K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1087	−0.074%	$405K	$121K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1089	+0.101%	$1.2M	$138K	100x	as long as short
KuCoin MELANIAUSDTMlong	+0.0100%	4h	0.1088	long leg	$409K	$2.0M	30x
Bitget MELANIAUSDT	+0.0100%	4h	0.1089	+0.046%	$934K	$243K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1089	+0.129%	—	$1.5M	—	as long as short
Variational Omni MELANIAshort	+0.0100%	4h	0.1087	−0.124%	$112K	$672	—
Aevo MELANIA-PERP	+0.0104%	1h	0.1090	+0.195%	$249K	—	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	+0.0129%	4h	0.1086	−0.147%	$191K	$5K	75x	as long as short
Aster MELANIAUSDT	+0.0910%	4h	0.1088	−0.013%	$21K	$17K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1009%	1h	0.1089	+0.115%	$25K	$3K	10x	as long as short