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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0034%/8h= −3.7% APRnext payment $0.17 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against BingX−0.088%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1061.055% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 7 days+0.118%+$12 · spread now −0.088%, 7d avg −0.012%
Together, before fees+0.121%+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.076% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.012%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MELANIA-USDT0.10640.0134pay 0.0067% / 4h48m 33s$1.5M
ShortBinance MELANIAUSDT0.10630.0100get 0.0050% / 4h48m 33s$2.9M$3.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
−$7.14
Price spread: −0.088% → −0.012%
−$7.61
Slippage, 4 orders
−$85.51
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$120.26
Costs to cover
1.055%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; Binance: live order book, 10 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, 6 min ago3.76 bp26.3 bp −$2699.6 bp −$996562.7 bp −$56.3K810.2 bp −$405.1K
Sell Binance live order book, 10 min ago2.82 bp30.2 bp −$30115.3 bp −$1,153doesn't fitdoesn't fit

MELANIA on 13 exchanges

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+0.0076%4h0.1062−0.244%$184K$2K75xas long as short
Hyperliquid MELANIA+0.0100%1h0.1063−0.150%$1.6M$224K3xas long as short
Binance MELANIAUSDTshort+0.0100%4h0.1063−0.088%$2.9M$3.1M75x
Bybit MELANIAUSDT+0.0100%4h0.1063−0.113%$1.5M$822K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1060−0.413%$393K$130K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1063−0.160%$1.1M$130K100xas long as short
Variational Omni MELANIA+0.0100%4h0.1062−0.181%$110K$861as long as short
Aevo MELANIA-PERP+0.0104%1h0.1063−0.149%$243K3xas long as short
Bitget MELANIAUSDT+0.0110%4h0.1061−0.310%$936K$233K50xas long as short
BingX MELANIA-USDTlong+0.0134%4h0.1064long leg$1.5M
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MELANIAUSDTM+0.0270%4h0.1061−0.319%$412K$2.6M30xas long as short
Kraken Futures PF_MELANIAUSD+0.0586%1h0.1063−0.147%$25K$3K10xas long as short
Aster MELANIAUSDT+0.1071%4h0.1062−0.255%$20K$12K5xas long as short