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+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aevo against Binance+0.037%7-day average −0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,748as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,732as in the Price arb table
costs, in and out, $10k−$1,74317.431% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.047%−$5 on $10k
Price spread, last 4 days (all we have)−0.173%−$17 · spread now +0.037%, 7d avg −0.069%
Together, before fees−0.220%−$22 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: Aevo is 0.106% dearer against Binance than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.069%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MELANIAUSDT0.10850.0100pay 0.0050% / 4h17m 58s$2.9M$3.4M75x
ShortAevo MELANIA-PERP0.10850.0104get 0.0013% / 1h17m 58s$248K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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: +0.037% → −0.069%
$10.64
Slippage, 4 orders
−$1,717.07
Fee Binance: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$1,731.59
Costs to cover
17.431%
Break-even
14436.9 days
Slippage from Binance: live order book, 3 min ago; Aevo: live order book, 56 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 Binance live order book, 3 min ago3.69 bp26.4 bp −$26122.4 bp −$1,224doesn't fitdoesn't fit
Sell Aevo live order book, 56 min ago776.26 bp849.0 bp −$849doesn'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
BloFin MELANIA-USDT+0.0087%4h0.1085+0.046%$191K$5K75xas long as short
Hyperliquid MELANIA+0.0100%1h0.1084−0.055%$1.7M$225K3xas long as short
Binance MELANIAUSDTlong+0.0100%4h0.1085long leg$2.9M$3.4M75x
Bybit MELANIAUSDT+0.0100%4h0.1086+0.111%$1.5M$854K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1083−0.148%$408K$124K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1085+0.028%$1.2M$141K100xas long as short
KuCoin MELANIAUSDTM+0.0100%4h0.1083−0.148%$407K$2.1M30xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1086+0.092%$932K$250K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1085+0.074%$1.5Mas long as short
Variational Omni MELANIA+0.0100%4h0.1083−0.119%$112K$672as long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo MELANIA-PERPshort+0.0104%1h0.1085+0.037%$248K3x
Aster MELANIAUSDT+0.0646%4h0.1083−0.137%$21K$17K5xas long as short
Kraken Futures PF_MELANIAUSD+0.1011%1h0.1087+0.227%$25K$3K10xas long as short