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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h 0.000%
Price spread now: Aevo against BingX+0.035%7-day average −0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,849as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,834as in the Price arb table
costs, in and out, $10k−$1,84418.445% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$5 on $10k
Price spread, last 4 days (all we have)−0.743%−$74 · spread now +0.035%, 7d avg −0.066%
Together, before fees−0.788%−$79 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 0.101% dearer against BingX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MELANIA-USDT0.11030.0100pay 0.0050% / 4h1h 10m$1.5M
ShortAevo MELANIA-PERP0.11040.0104get 0.0013% / 1h10m 42s$252K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against BingX. 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: +0.035% → −0.066%
$10.12
Slippage, 4 orders
−$1,818.49
Fee BingX: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$1,833.53
Costs to cover
18.445%
Break-even
15286.4 days
Slippage from BingX: live order book, 11 min ago; Aevo: live order book, 53 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 BingX live order book, 11 min ago6.34 bp26.6 bp −$27132.5 bp −$1,325516.5 bp −$51.7K701.1 bp −$350.6K
Sell Aevo live order book, 53 min ago818.18 bp912.9 bp −$913doesn'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+0.0096%4h0.1103−0.073%$200K$6K75xas long as short
Hyperliquid MELANIA+0.0100%1h0.1102−0.118%$1.7M$206K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1103−0.048%$3.0M$3.2M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1103−0.063%$1.5M$743K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1100−0.254%$423K$67K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1103−0.018%$1.2M$138K100xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1102−0.091%$964K$217K50xas long as short
BingX MELANIA-USDTlong+0.0100%4h0.1103long leg$1.5M
Variational Omni MELANIA+0.0100%4h0.1102−0.133%$114K$672as long as short
Aevo MELANIA-PERPshort+0.0104%1h0.1104+0.035%$252K3x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MELANIAUSDTM+0.0382%4h0.1103−0.027%$444K$1.4M30xas long as short
Aster MELANIAUSDT+0.0838%4h0.1103−0.054%$21K$15K5xas long as short
Kraken Futures PF_MELANIAUSD+0.1856%1h0.1105+0.148%$25K$3K10xas long as short