MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Aevo against Hyperliquid+0.121%54s7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$456as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$4584.575% of the position

Long on Hyperliquid Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 3 days (all we have)−0.469%−$47 · spread now +0.121%, 7d avg +0.048%

Together, before fees−0.448%+ Points / potential airdropHyperliquid: Season 2 · farm board−$45 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 0.073% dearer against Hyperliquid than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.048%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid MELANIA	0.1074	0.0100	pay 0.0013% / 1h	20m 31s	$1.6M	$187K	3x
Short	Aevo MELANIA-PERP	0.1075	0.0104	get 0.0013% / 1h	20m 31s	$246K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Hyperliquid. 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

Position, each leg$Hold fordaysFee HyperliquidbpFee AevobpOrdersPrice spread, now +0.121%Rate

Funding earned: $0.84
Price spread: +0.121% → +0.048%: $7.34
Slippage, 4 orders: −$432.51
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$449.33
Costs to cover: 4.575%
Break-even: 3751.4 days

Slippage from Hyperliquid: live order book, 10 min ago; Aevo: live order book, 3 min ago.

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 Hyperliquid live order book, 10 min ago	2.34 bp	19.0 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell Aevo live order book, 3 min ago	139.54 bp	204.7 bp −$205	doesn't fit	doesn't fit	doesn't fit

MELANIA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_MELANIAUSD	−0.0956%	1h	0.1071	−0.260%	$25K	$2K	10x	as long as short
Hyperliquid MELANIAlong	+0.0100%	1h	0.1074	long leg	$1.6M	$187K	3x
Binance MELANIAUSDT	+0.0100%	4h	0.1075	+0.086%	$3.0M	$2.9M	75x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1072	−0.186%	$418K	$64K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1075	+0.084%	$1.2M	$136K	100x	as long as short
KuCoin MELANIAUSDTM	+0.0100%	4h	0.1073	−0.065%	$385K	$838K	30x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1072	−0.121%	$940K	$192K	50x	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1076	+0.257%	$111K	$1K	—	as long as short
Aevo MELANIA-PERPshort	+0.0104%	1h	0.1075	+0.121%	$246K	—	3x
BloFin MELANIA-USDT	+0.0121%	4h	0.1076	+0.224%	$196K	$6K	75x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit MELANIAUSDT	+0.0439%	4h	0.1076	+0.186%	$1.5M	$638K	20x	as long as short
BingX MELANIA-USDT	+0.0454%	4h	0.1075	+0.093%	—	$1.5M	—	as long as short
Aster MELANIAUSDT	+0.0744%	4h	0.1071	−0.209%	$21K	$14K	5x	as long as short