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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aevo against Gate+0.055%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,168as in the Price arb table
costs, in and out, $10k−$1,16411.644% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 4 days (all we have)−0.545%−$55 · spread now +0.055%, 7d avg +0.092%
Together, before fees−0.525%−$52 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 0.037% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.092%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MELANIA_USDT0.10840.0100pay 0.0050% / 4h3h 00m$415K$124K50x
ShortAevo MELANIA-PERP0.10850.0104get 0.0013% / 1h0m 18s$248K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Gate. 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: +0.055% → +0.092%
−$3.67
Slippage, 4 orders
−$1,133.42
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$1,167.25
Costs to cover
11.644%
Break-even
9734.1 days
Slippage from Gate: live order book, 30 min ago; Aevo: live order book, 4 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 Gate live order book, 30 min ago17.63 bp36.7 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell Aevo live order book, 4 min ago366.97 bp626.4 bp −$6264550.5 bp −$45.5Kdoesn'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
Hyperliquid MELANIA+0.0100%1h0.1087+0.240%$1.6M$225K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1087+0.238%$3.0M$3.3M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1089+0.415%$1.5M$848K20xas long as short
Gate MELANIA_USDTlong+0.0100%4h0.1084long leg$415K$124K50x
MEXC MELANIA_USDT+0.0100%4h0.1087+0.231%$1.2M$142K100xas long as short
KuCoin MELANIAUSDTM+0.0100%4h0.1086+0.148%$418K$2.2M30xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1088+0.369%$935K$249K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1088+0.314%$1.5Mas long as short
Variational Omni MELANIA+0.0100%4h0.1089+0.383%$112K$672as long as short
Aevo MELANIA-PERPshort+0.0104%1h0.1085+0.055%$248K3x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MELANIA-USDT+0.0112%4h0.1087+0.221%$189K$4K75xas long as short
Aster MELANIAUSDT+0.0713%4h0.1087+0.216%$21K$17K5xas long as short
Kraken Futures PF_MELANIAUSD+0.2809%1h0.1086+0.131%$25K$3K10xas long as short