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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0303%/8h= +33.1% APRpaid last 24h −0.449%
Price spread now: Kraken Futures against Aster+0.154%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Kraken Futures is 0.154% dearer against Aster than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MELANIAUSDT0.10910.0670pay 0.0335% / 4h3h 26m$21K$16K5x
ShortKraken Futures PF_MELANIAUSD0.10930.0973get 0.0122% / 1h26m 34s$25K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aster. 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
$63.54
Price spread: +0.154% → 0.000%
$15.35
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$60.89
Costs to cover
0.180%
Break-even
0.3 days
Slippage unknown: Aster: no order-book sample; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Kraken Futures no order-book sample
Aster and Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Hyperliquid MELANIA+0.0100%1h0.1092+0.106%$1.7M$199K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1094+0.256%$3.0M$3.0M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1095+0.317%$1.5M$652K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1091−0.013%$421K$56K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1094+0.234%$1.2M$136K100xas long as short
KuCoin MELANIAUSDTM+0.0100%4h0.1093+0.161%$415K$1.1M30xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1093+0.170%$963K$203K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1094+0.289%$1.5Mas long as short
Variational Omni MELANIA+0.0100%4h0.1093+0.169%$113K$590as long as short
Aevo MELANIA-PERP+0.0104%1h0.1095+0.344%$250K3xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MELANIA-USDT+0.0122%4h0.1092+0.088%$196K$6K75xas long as short
Aster MELANIAUSDTlong+0.0670%4h0.1091long leg$21K$16K5x
Kraken Futures PF_MELANIAUSDshort+0.0973%1h0.1093+0.154%$25K$3K10x