Funding arb · Price arb /

MELANIA

all MELANIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.018%

Price spread now: KuCoin against Binance−0.138%7-day average −0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$344as in the Funding arb table

Net, price: spread back to 7d avg − costs−$362as in the Price arb table

costs, in and out, $10k−$3533.534% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.090%+$9 on $10k

Price spread, last 7 days+0.040%+$4 · spread now −0.138%, 7d avg −0.054%

Together, before fees+0.130%+$13 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 0.084% cheaper against Binance than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MELANIAUSDT	0.1071	0.0100	pay 0.0050% / 4h	1h 46m	$2.9M	$3.1M	75x
Short	KuCoin MELANIAUSDTM	0.1070	0.0100	get 0.0050% / 4h	1h 46m	$421K	$2.4M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now −0.138%Rate

Funding earned: $0
Price spread: −0.138% → −0.054%: −$8.43
Slippage, 4 orders: −$331.39
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$361.82
Costs to cover: 3.534%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 3 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 Binance live order book, 12 min ago	1.86 bp	31.6 bp −$32	130.5 bp −$1,305	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	14.01 bp	151.6 bp −$152	doesn't fit	doesn't fit	doesn't fit

MELANIA on 13 exchanges

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	0.1071	−0.045%	$1.6M	$225K	3x	as long as short
Binance MELANIAUSDTlong	+0.0100%	4h	0.1071	long leg	$2.9M	$3.1M	75x
Bybit MELANIAUSDT	+0.0100%	4h	0.1071	−0.036%	$1.5M	$815K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1067	−0.437%	$394K	$129K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1071	−0.017%	$1.1M	$134K	100x	as long as short
KuCoin MELANIAUSDTMshort	+0.0100%	4h	0.1070	−0.138%	$421K	$2.4M	30x
Bitget MELANIAUSDT	+0.0100%	4h	0.1068	−0.297%	$932K	$226K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1071	+0.002%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1068	−0.336%	$110K	$861	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1070	−0.138%	$245K	—	3x	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MELANIA-USDT	+0.0133%	4h	0.1068	−0.297%	$188K	$4K	75x	as long as short
Aster MELANIAUSDT	+0.0746%	4h	0.1067	−0.381%	$21K	$12K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1230%	1h	0.1071	−0.030%	$25K	$3K	10x	as long as short