Funding arb · Price arb /

MELANIA

all MELANIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: MEXC against Aevo+0.189%7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,714as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,706as in the Price arb table

costs, in and out, $10k−$1,71817.182% of the position

Long on Aevo Short on MEXC

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)−0.055%−$5 · spread now +0.189%, 7d avg +0.069%

Together, before fees−0.011%−$1 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 0.120% dearer against Aevo than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.069%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo MELANIA-PERP	0.1084	0.0104	pay 0.0013% / 1h	35m 47s	$248K	—	3x
Short	MEXC MELANIA_USDT	0.1086	0.0100	get 0.0050% / 4h	35m 47s	$1.2M	$140K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Aevo. 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 AevobpFee MEXCbpOrdersPrice spread, now +0.189%Rate

Funding earned: −$0.84
Price spread: +0.189% → +0.069%: $11.98
Slippage, 4 orders: −$1,698.22
Fee Aevo: 8 bp × 2 orders: −$16
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$1,707.08
Costs to cover: 17.182%
Break-even: never at this rate

Slippage from Aevo: live order book, 38 min ago; MEXC: live order book, 5 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 Aevo live order book, 38 min ago	776.26 bp	835.9 bp −$836	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	2.76 bp	17.8 bp −$18	55.1 bp −$551	118.3 bp −$11.8K	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
Hyperliquid MELANIA	+0.0100%	1h	0.1086	+0.198%	$1.7M	$224K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1086	+0.163%	$2.9M	$3.4M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1086	+0.235%	$1.5M	$854K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1085	+0.097%	$408K	$124K	50x	as long as short
MEXC MELANIA_USDTshort	+0.0100%	4h	0.1086	+0.189%	$1.2M	$140K	100x
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1086	+0.189%	$413K	$2.1M	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1087	+0.309%	$933K	$249K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1087	+0.254%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1087	+0.248%	$112K	$672	—	as long as short
Aevo MELANIA-PERPlong	+0.0104%	1h	0.1084	long leg	$248K	—	3x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MELANIA-USDT	+0.0154%	4h	0.1088	+0.364%	$190K	$5K	75x	as long as short
Aster MELANIAUSDT	+0.0862%	4h	0.1086	+0.208%	$21K	$17K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1010%	1h	0.1088	+0.375%	$25K	$3K	10x	as long as short