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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: BingX against Gate+0.419%7-day average +0.182% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1211.212% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$7 on $10k
Price spread, last 4 days (all we have)−0.212%−$21 · spread now +0.419%, 7d avg +0.182%
Together, before fees−0.147%−$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: BingX is 0.237% dearer against Gate than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of +0.182%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MELANIA_USDT0.10980.0100pay 0.0050% / 4h2h 04m$422K$67K50x
ShortBingX MELANIA-USDT0.11030.0100get 0.0050% / 4h2h 04m$1.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
Price spread: +0.419% → +0.182%
$23.69
Slippage, 4 orders
−$96.17
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$97.48
Costs to cover
1.212%
Break-even
never at this rate
Slippage from Gate: live order book, 61 min ago; BingX: live order book, 11 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, 61 min ago18.31 bp32.3 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 11 min ago5.47 bp25.2 bp −$2590.0 bp −$900527.3 bp −$52.7K790.6 bp −$395.3K

MELANIA on 12 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%1h0.1102+0.337%$1.7M$204K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1102+0.392%$3.0M$3.1M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1100+0.146%$1.5M$720K20xas long as short
Gate MELANIA_USDTlong+0.0100%4h0.1098long leg$422K$67K50x
MEXC MELANIA_USDT+0.0100%4h0.1102+0.355%$1.2M$138K100xas long as short
KuCoin MELANIAUSDTM+0.0100%4h0.1100+0.191%$431K$1.3M30xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1099+0.055%$966K$214K50xas long as short
BingX MELANIA-USDTshort+0.0100%4h0.1103+0.419%$1.5M
Variational Omni MELANIA+0.0100%4h0.1100+0.215%$114K$340as long as short
Aevo MELANIA-PERP+0.0104%1h0.1100+0.191%$252K3xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MELANIAUSDT+0.0613%4h0.1100+0.168%$21K$15K5xas long as short
Kraken Futures PF_MELANIAUSD+0.1495%1h0.1102+0.391%$25K$3K10xas long as short