MELANIA

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−0.101%

7d average—if it closes, per $10,000$10funding while held, a day−$24.21

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MELANIA_USDT	0.1057	−0.0542	get 0.0271% / 4h	2h 12m	$393K	$58K	50x
Short	Kraken Futures PF_MELANIAUSD	0.1056	−0.1349	pay 0.0169% / 1h	12m 25s	$24K	$682	10x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee GatebpFee Kraken FuturesbpOrdersClose when spread is

Spread captured: −$10.07
Funding while held: −$24.21
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$59.28
Spread needed to break even: 0.250%

Slippage unknown: Gate: live order book, 25 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: −0.0807%
Per $10,000 a day: −$24.21
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 Gate live order book, 25 min ago	12.73 bp	29.1 bp −$29	doesn't fit	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.

Hyperliquid0.1056cheapest

Kraken Futures0.1056+0.070%

MEXC0.1057+0.123%KuCoin0.1057+0.133%BingX0.1057+0.142%Binance0.1057+0.169%

Gate0.1057+0.171%

Bybit0.1057+0.180%Aster0.1059+0.276%BloFin0.1059+0.284%Aevo0.1060+0.420%Bitget0.1060+0.455%Variational Omni0.1061+0.468%

MELANIA on 13 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Hyperliquid MELANIA	−0.170%	+0.0100%	1h	$1.6M	$181K	3x	as long as short
Kraken Futures PF_MELANIAUSDshort	−0.101%	−0.1349%	1h	$24K	$682	10x
MEXC MELANIA_USDT	−0.047%	+0.0100%	4h	$1.1M	$133K	100x	as long as short
KuCoin MELANIAUSDTM	−0.038%	−0.0198%	4h	$376K	$1.4M	30x	as long as short
BingX MELANIA-USDT	−0.028%	+0.0100%	4h	—	$1.4M	—	as long as short
Binance MELANIAUSDT	−0.002%	+0.0100%	4h	$2.9M	$2.8M	75x	as long as short
Gate MELANIA_USDTlong	0.000%	−0.0542%	4h	$393K	$58K	50x
Bybit MELANIAUSDT	+0.009%	+0.0100%	4h	$1.4M	$556K	20x	as long as short
Aster MELANIAUSDT	+0.105%	+0.0100%	4h	$21K	$14K	5x	as long as short
BloFin MELANIA-USDT	+0.113%	+0.0077%	4h	$197K	$6K	75x	as long as short

Show all 13 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Aevo MELANIA-PERP	+0.249%	+0.0104%	1h	$242K	—	3x	as long as short
Bitget MELANIAUSDT	+0.284%	+0.0100%	4h	$950K	$203K	50x	as long as short
Variational Omni MELANIA	+0.297%	+0.0100%	4h	$110K	$1K	—	as long as short