Funding arb · Price arb /

MELANIA

all MELANIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against MEXC−0.137%7-day average −0.162% · you buy dearer than you sell

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs−$112as in the Price arb table

costs, in and out, $10k−$1141.141% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.064%−$6 on $10k

Price spread, last 4 days (all we have)−0.049%−$5 · spread now −0.137%, 7d avg −0.162%

Together, before fees−0.113%−$11 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 0.025% dearer against MEXC than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.162%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC MELANIA_USDT	0.1093	0.0100	pay 0.0050% / 4h	3h 04m	$1.2M	$138K	100x
Short	Gate MELANIA_USDT	0.1092	0.0100	get 0.0050% / 4h	3h 04m	$418K	$58K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee MEXCbpFee GatebpOrdersPrice spread, now −0.137%Rate

Funding earned: $0
Price spread: −0.137% → −0.162%: $2.48
Slippage, 4 orders: −$95.15
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$111.66
Costs to cover: 1.141%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; Gate: live order book, 1 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 MEXC live order book, 1 min ago	2.74 bp	24.4 bp −$24	54.5 bp −$545	122.0 bp −$12.2K	doesn't fit
Sell Gate live order book, 1 min ago	18.31 bp	37.7 bp −$38	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
BloFin MELANIA-USDT	+0.0047%	4h	0.1093	−0.037%	$197K	$6K	75x	as long as short
Hyperliquid MELANIA	+0.0100%	1h	0.1092	−0.137%	$1.7M	$199K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1094	+0.031%	$3.0M	$3.0M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1093	−0.009%	$1.5M	$658K	20x	as long as short
Gate MELANIA_USDTshort	+0.0100%	4h	0.1092	−0.137%	$418K	$58K	50x
MEXC MELANIA_USDTlong	+0.0100%	4h	0.1093	long leg	$1.2M	$138K	100x
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1093	−0.037%	$415K	$1.2M	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1093	−0.046%	$959K	$205K	50x	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1093	−0.032%	$113K	$590	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1095	+0.146%	$250K	—	3x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX MELANIA-USDT	+0.0106%	4h	0.1094	+0.018%	—	$1.5M	—	as long as short
Aster MELANIAUSDT	+0.0753%	4h	0.1094	+0.058%	$21K	$15K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.0973%	1h	0.1092	−0.120%	$25K	$3K	10x	as long as short