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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0472%/8h= −51.7% APRnext payment $2.36 per $10,000 · paid last 24h −0.120%
Price spread now: Variational Omni against Aster+0.254%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 · Variational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.254% dearer against Aster than usual: you sell high and buy low (spread +0.254% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 43 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MELANIAUSDT0.10970.0572pay 0.0286% / 4h2h 53m$21K$15K5x
ShortVariational Omni MELANIA0.11000.0100get 0.0050% / 4h2h 53m$114K$672

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$99.14
Price spread: +0.254% → 0.000%
$25.39
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$81.75
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Variational Omni: RFQ quote, 60 min ago. 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 Variational Omni RFQ quote, 60 min ago9.13 bpdoesn't fit219.2 bp −$2,192doesn't fitdoesn't fit
Aster: 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%1h0.1098+0.080%$1.7M$211K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1098+0.117%$3.0M$3.3M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1099+0.208%$1.5M$816K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1096−0.130%$412K$101K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1099+0.180%$1.2M$136K100xas long as short
KuCoin MELANIAUSDTM+0.0100%4h0.1098+0.080%$438K$1.8M30xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1098+0.098%$944K$247K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1099+0.153%$1.5Mas long as short
Variational Omni MELANIAshort+0.0100%4h0.1100+0.254%$114K$672
Aevo MELANIA-PERP+0.0104%1h0.1086−0.979%$248K3xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MELANIA-USDT+0.0114%4h0.1097−0.029%$197K$6K75xas long as short
Aster MELANIAUSDTlong+0.0572%4h0.1097long leg$21K$15K5x
Kraken Futures PF_MELANIAUSD+0.1802%1h0.1098+0.102%$25K$3K10xas long as short