MELANIA

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−0.096%

7d average—if it closes, per $10,000$10funding while held, a day+$0.00

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid MELANIA	0.1051	0.0100	pay 0.0013% / 1h	59m 11s	$1.6M	$184K	3x
Short	Aster MELANIAUSDT	0.1050	0.0100	get 0.0050% / 4h	1h 59m	$21K	$14K	5x

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 HyperliquidbpFee AsterbpOrdersClose when spread is

Spread captured: −$9.62
Funding while held: $0
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$26.62
Spread needed to break even: 0.170%

Slippage unknown: Hyperliquid: live order book, 3 min ago; Aster: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: 0.0000%
Per $10,000 a day: +$0.00
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 Hyperliquid live order book, 3 min ago	1.91 bp	19.5 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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.

Kraken Futures0.1049cheapest Gate0.1049+0.009%Variational Omni0.1049+0.028%

Aster0.1050+0.075%

KuCoin0.1050+0.114%Aevo0.1050+0.114%

Hyperliquid0.1051+0.171%

BingX0.1051+0.238%Binance0.1051+0.248%MEXC0.1051+0.248%Bitget0.1052+0.286%BloFin0.1052+0.286%Bybit0.1052+0.295%

MELANIA on 13 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_MELANIAUSD	−0.171%	−0.1384%	1h	$24K	$2K	10x	as long as short
Gate MELANIA_USDT	−0.162%	−0.0386%	4h	$390K	$55K	50x	as long as short
Variational Omni MELANIA	−0.143%	+0.0100%	4h	$108K	$1K	—	as long as short
Aster MELANIAUSDTshort	−0.096%	+0.0100%	4h	$21K	$14K	5x
KuCoin MELANIAUSDTM	−0.057%	−0.0204%	4h	$375K	$1.3M	30x	as long as short
Aevo MELANIA-PERP	−0.057%	+0.0104%	1h	$240K	—	3x	as long as short
Hyperliquid MELANIAlong	0.000%	+0.0100%	1h	$1.6M	$184K	3x
BingX MELANIA-USDT	+0.067%	+0.0100%	4h	—	$1.4M	—	as long as short
Binance MELANIAUSDT	+0.076%	+0.0100%	4h	$2.9M	$2.8M	75x	as long as short
MEXC MELANIA_USDT	+0.076%	+0.0100%	4h	$1.1M	$129K	100x	as long as short

Show all 13 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Bitget MELANIAUSDT	+0.114%	+0.0100%	4h	$935K	$205K	50x	as long as short
BloFin MELANIA-USDT	+0.114%	+0.0139%	4h	$196K	$6K	75x	as long as short
Bybit MELANIAUSDT	+0.124%	+0.0100%	4h	$1.4M	$564K	20x	as long as short