Spread before costs (cost unknown: a leg has no order-book sample)+0.205%
7d average—if it closes, per $10,000$21funding while held, a day−$43.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MELANIAUSDT | 0.1054 | 0.0100 | pay 0.0050% / 4h | 2h 11m | $1.4M | $557K | 20x |
| Short | Kraken Futures PF_MELANIAUSD | 0.1056 | −0.1350 | pay 0.0169% / 1h | 11m 33s | $24K | $682 | 10x |
Bybit MELANIAUSDT
Kraken Futures PF_MELANIAUSDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $20.5
- Funding while held
- −$43.5
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$43.99
- Spread needed to break even
- 0.210%
Slippage unknown: Bybit: live order book, 1 min ago; Kraken Futures: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1450%
- Per $10,000 a day
- −$43.50
- Average in range /8h
- —
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 Bybit live order book, 1 min ago | 3.31 bp | 24.8 bp −$25 | 136.1 bp −$1,361 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MELANIA price on every exchange
against the cheapest. Click to use as the short leg.
Bitget
Hyperliquid
BingX
Binance
KuCoin
Gate
MEXC
Aster
BloFin
Aevo
Variational OmniMELANIA on 13 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget MELANIAUSDT | −0.047% | +0.0100% | 4h | $943K | $203K | 50x | as long as short |
| Hyperliquid MELANIA | −0.028% | +0.0100% | 1h | $1.6M | $181K | 3x | as long as short |
| Bybit MELANIAUSDTlong | 0.000% | +0.0100% | 4h | $1.4M | $557K | 20x | |
| BingX MELANIA-USDT | +0.142% | +0.0100% | 4h | — | $1.4M | — | as long as short |
| Binance MELANIAUSDT | +0.165% | +0.0100% | 4h | $2.9M | $2.8M | 75x | as long as short |
| Kraken Futures PF_MELANIAUSDshort | +0.205% | −0.1350% | 1h | $24K | $682 | 10x | |
| KuCoin MELANIAUSDTM | +0.228% | −0.0234% | 4h | $376K | $1.4M | 30x | as long as short |
| Gate MELANIA_USDT | +0.247% | −0.0592% | 4h | $392K | $58K | 50x | as long as short |
| MEXC MELANIA_USDT | +0.294% | +0.0100% | 4h | $1.1M | $133K | 100x | as long as short |
| Aster MELANIAUSDT | +0.427% | +0.0100% | 4h | $21K | $14K | 5x | as long as short |
Show all 13 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin MELANIA-USDT | +0.475% | +0.0077% | 4h | $197K | $6K | 75x | as long as short |
| Aevo MELANIA-PERP | +0.607% | +0.0104% | 1h | $242K | — | 3x | as long as short |
| Variational Omni MELANIA | +0.659% | +0.0100% | 4h | $110K | $1K | — | as long as short |