Funding arb · Price arb /

MELANIA

all MELANIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Variational Omni+0.058%7-day average −0.036% · you sell dearer than you buy

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

Long on Variational Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.214%−$21 · spread now +0.058%, 7d avg −0.036%

Together, before fees−0.214%+ Points / potential airdropVariational Omni: Active · farm board−$21 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: Binance is 0.094% dearer against Variational Omni than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.036%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni MELANIA	0.1063	0.0100	pay 0.0050% / 4h	1h 08m	$110K	$861	—
Short	Binance MELANIAUSDT	0.1064	0.0100	get 0.0050% / 4h	1h 08m	$2.9M	$3.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee BinancebpOrdersPrice spread, now +0.058%Rate

Funding earned: $0
Price spread: +0.058% → −0.036%: $9.42
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$0.58
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 38 min ago; Binance: live order book, 5 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 Variational Omni RFQ quote, 38 min ago	14.00 bp	doesn't fit	294.0 bp −$2,940	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	2.82 bp	30.5 bp −$30	100.0 bp −$1,000	doesn't fit	doesn't fit

MELANIA on 13 exchanges

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	0.1063	−0.007%	$1.6M	$225K	3x	as long as short
Binance MELANIAUSDTshort	+0.0100%	4h	0.1064	+0.058%	$2.9M	$3.1M	75x
Bybit MELANIAUSDT	+0.0100%	4h	0.1063	+0.002%	$1.5M	$814K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1061	−0.214%	$394K	$133K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1064	+0.030%	$1.1M	$138K	100x	as long as short
Variational Omni MELANIAlong	+0.0100%	4h	0.1063	long leg	$110K	$861	—
Aevo MELANIA-PERP	+0.0104%	1h	0.1062	−0.115%	$243K	—	3x	as long as short
BloFin MELANIA-USDT	+0.0156%	4h	0.1063	−0.007%	$185K	$2K	75x	as long as short
BingX MELANIA-USDT	+0.0172%	4h	0.1064	+0.087%	—	$1.5M	—	as long as short
Bitget MELANIAUSDT	+0.0182%	4h	0.1063	−0.017%	$933K	$230K	50x	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MELANIAUSDTM	+0.0296%	4h	0.1063	−0.017%	$416K	$2.5M	30x	as long as short
Aster MELANIAUSDT	+0.1105%	4h	0.1063	+0.012%	$21K	$12K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1241%	1h	0.1062	−0.132%	$25K	$3K	10x	as long as short