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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aevo against MEXC−0.515%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,746as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,786as in the Price arb table
costs, in and out, $10k−$1,74117.414% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 4 days (all we have)+0.263%+$26 · spread now −0.515%, 7d avg −0.072%
Together, before fees+0.220%+$22 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: Aevo is 0.443% cheaper against MEXC than usual: you would sell low and buy high, −$44 on $10k if it goes back to its 7-day average of −0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC MELANIA_USDT0.10920.0100pay 0.0050% / 4h2h 03m$1.2M$140K100x
ShortAevo MELANIA-PERP0.10860.0104get 0.0013% / 1h3m 49s$248K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against MEXC. 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
$0.84
Price spread: −0.515% → −0.072%
−$44.29
Slippage, 4 orders
−$1,721.45
Fee MEXC: 2 bp × 2 orders
−$4
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$1,784.9
Costs to cover
17.414%
Break-even
14881.2 days
Slippage from MEXC: live order book, 2 min ago; Aevo: live order book, 15 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 MEXC live order book, 2 min ago0.92 bp20.2 bp −$2053.9 bp −$539124.7 bp −$12.5Kdoesn't fit
Sell Aevo live order book, 15 min ago783.41 bp842.9 bp −$843doesn'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%1h0.1092−0.046%$1.7M$224K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1091−0.082%$3.0M$3.4M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1092+0.018%$1.5M$848K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1088−0.375%$406K$121K50xas long as short
MEXC MELANIA_USDTlong+0.0100%4h0.1092long leg$1.2M$140K100x
KuCoin MELANIAUSDTM+0.0100%4h0.1091−0.101%$412K$1.9M30xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1093+0.055%$938K$253K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1092−0.009%$1.5Mas long as short
Variational Omni MELANIA+0.0100%4h0.1092+0.024%$113K$672as long as short
Aevo MELANIA-PERPshort+0.0104%1h0.1086−0.515%$248K3x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MELANIA-USDT+0.0147%4h0.1092+0.037%$188K$5K75xas long as short
Aster MELANIAUSDT+0.0849%4h0.1091−0.110%$21K$17K5xas long as short
Kraken Futures PF_MELANIAUSD+0.1813%1h0.1092−0.049%$25K$3K10xas long as short