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 0.000%

Price spread now: MEXC against Variational Omni−0.055%7-day average −0.034% · you buy dearer than you sell

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

Long on Variational Omni Short on MEXC

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)−0.101%−$10 · spread now −0.055%, 7d avg −0.034%

Together, before fees−0.101%+ Points / potential airdropVariational Omni: Active · farm board−$10 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: MEXC is 0.021% cheaper against Variational Omni than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni MELANIA	0.1102	0.0100	pay 0.0050% / 4h	3h 44m	$114K	$672	—
Short	MEXC MELANIA_USDT	0.1102	0.0100	get 0.0050% / 4h	3h 44m	$1.2M	$136K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Variational Omni. 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 Variational OmnibpFee MEXCbpOrdersPrice spread, now −0.055%Rate

Funding earned: $0
Price spread: −0.055% → −0.034%: −$2.08
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$6.08
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 9 min ago; MEXC: live order book, 1 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, 9 min ago	9.13 bp	doesn't fit	283.1 bp −$2,831	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	1.82 bp	16.4 bp −$16	53.9 bp −$539	118.5 bp −$11.9K	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	+0.0070%	4h	0.1101	−0.100%	$195K	$6K	75x	as long as short
Hyperliquid MELANIA	+0.0100%	1h	0.1101	−0.119%	$1.7M	$209K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1102	−0.055%	$3.0M	$3.2M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1103	+0.017%	$1.5M	$808K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1100	−0.191%	$414K	$101K	50x	as long as short
MEXC MELANIA_USDTshort	+0.0100%	4h	0.1102	−0.055%	$1.2M	$136K	100x
Bitget MELANIAUSDT	+0.0100%	4h	0.1101	−0.146%	$950K	$239K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1103	+0.036%	—	$1.5M	—	as long as short
Variational Omni MELANIAlong	+0.0100%	4h	0.1102	long leg	$114K	$672	—
Aevo MELANIA-PERP	+0.0104%	1h	0.1090	−1.133%	$249K	—	3x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MELANIAUSDTM	+0.0386%	4h	0.1101	−0.119%	$443K	$1.6M	30x	as long as short
Aster MELANIAUSDT	+0.0772%	4h	0.1102	−0.027%	$21K	$15K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1706%	1h	0.1102	−0.064%	$25K	$3K	10x	as long as short