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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: KuCoin against Aevo−0.085%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$659as in the Funding arb table
Net, price: spread back to 7d avg − costs−$679as in the Price arb table
costs, in and out, $10k−$6756.746% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.152%+$15 on $10k
Price spread, last 3 days (all we have)+0.373%+$37 · spread now −0.085%, 7d avg −0.040%
Together, before fees+0.524%+$52 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: KuCoin is 0.045% cheaper against Aevo than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MELANIA-PERP0.10830.0104pay 0.0013% / 1h24m 00s$248K3x
ShortKuCoin MELANIAUSDTM0.10820.0100get 0.0050% / 4h1h 24m$393K$880K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Aevo. 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: −0.085% → −0.040%
−$4.51
Slippage, 4 orders
−$646.61
Fee Aevo: 8 bp × 2 orders
−$16
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$679.96
Costs to cover
6.746%
Break-even
never at this rate
Slippage from Aevo: live order book, 60 min ago; KuCoin: live order book, 50 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 Aevo live order book, 60 min ago139.54 bp207.6 bp −$2081087.9 bp −$10.9Kdoesn't fitdoesn't fit
Sell KuCoin live order book, 50 min ago9.27 bp141.9 bp −$142doesn'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
Kraken Futures PF_MELANIAUSD+0.0072%1h0.1085+0.186%$25K$3K10xas long as short
Hyperliquid MELANIA+0.0100%1h0.1083+0.017%$1.7M$200K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1084+0.109%$3.0M$3.0M75xas long as short
Gate MELANIA_USDT+0.0100%4h0.1081−0.214%$420K$64K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1084+0.137%$1.2M$136K100xas long as short
KuCoin MELANIAUSDTMshort+0.0100%4h0.1082−0.085%$393K$880K30x
Bitget MELANIAUSDT+0.0100%4h0.1081−0.187%$964K$208K50xas long as short
Variational Omni MELANIA+0.0100%4h0.1083−0.019%$112K$895as long as short
Aevo MELANIA-PERPlong+0.0104%1h0.1083long leg$248K3x
BingX MELANIA-USDT+0.0108%4h0.1085+0.155%$1.5Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MELANIA-USDT+0.0119%4h0.1084+0.072%$197K$6K75xas long as short
Bybit MELANIAUSDT+0.0139%4h0.1084+0.127%$1.5M$664K20xas long as short
Aster MELANIAUSDT+0.0517%4h0.1081−0.131%$20K$16K5xas long as short