Funding arb · Price arb /

MELANIA

all MELANIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance+0.111%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$144as in the Funding arb table

Net, price: spread back to 7d avg − costs−$133as in the Price arb table

costs, in and out, $10k−$1441.438% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 7 days−0.150%−$15 · spread now +0.111%, 7d avg +0.002%

Together, before fees−0.154%−$15 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 0.109% dearer against Binance than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MELANIAUSDT	0.1080	0.0100	pay 0.0050% / 4h	1h 47m	$3.0M	$3.0M	75x
Short	MEXC MELANIA_USDT	0.1081	0.0100	get 0.0050% / 4h	1h 47m	$1.2M	$135K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.111%Rate

Funding earned: $0
Price spread: +0.111% → +0.002%: $10.89
Slippage, 4 orders: −$129.82
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$132.93
Costs to cover: 1.438%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; MEXC: live order book, 4 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, 3 min ago	2.78 bp	37.8 bp −$38	161.8 bp −$1,618	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	6.02 bp	44.8 bp −$45	60.6 bp −$606	98.4 bp −$9,838	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
Kraken Futures PF_MELANIAUSD	+0.0072%	1h	0.1079	−0.062%	$25K	$3K	10x	as long as short
Hyperliquid MELANIA	+0.0100%	1h	0.1080	−0.009%	$1.7M	$197K	3x	as long as short
Binance MELANIAUSDTlong	+0.0100%	4h	0.1080	long leg	$3.0M	$3.0M	75x
Gate MELANIA_USDT	+0.0100%	4h	0.1080	−0.028%	$420K	$64K	50x	as long as short
MEXC MELANIA_USDTshort	+0.0100%	4h	0.1081	+0.111%	$1.2M	$135K	100x
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1079	−0.093%	$391K	$831K	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1080	+0.009%	$963K	$208K	50x	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1079	−0.133%	$112K	$1K	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1080	0.000%	$247K	—	3x	as long as short
BingX MELANIA-USDT	+0.0146%	4h	0.1080	−0.028%	—	$1.5M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit MELANIAUSDT	+0.0147%	4h	0.1081	+0.065%	$1.5M	$654K	20x	as long as short
BloFin MELANIA-USDT	+0.0159%	4h	0.1078	−0.148%	$195K	$6K	75x	as long as short
Aster MELANIAUSDT	+0.0566%	4h	0.1079	−0.058%	$20K	$16K	5x	as long as short