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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aevo against KuCoin+1.005%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,946as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,833as in the Price arb table
costs, in and out, $10k−$1,93119.306% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.152%−$15 on $10k
Price spread, last 3 days (all we have)−1.062%−$106 · spread now +1.005%, 7d avg +0.028%
Together, before fees−1.213%−$121 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 0.977% dearer against KuCoin than usual: you sell high and buy low, +$98 on $10k if it goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MELANIAUSDTM0.10920.0100pay 0.0050% / 4h2h 39m$404K$1.2M30x
ShortAevo MELANIA-PERP0.11030.0104get 0.0013% / 1h39m 30s$252K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against KuCoin. 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: +1.005% → +0.028%
$97.73
Slippage, 4 orders
−$1,902.58
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$1,832.01
Costs to cover
19.306%
Break-even
15273.8 days
Slippage from KuCoin: live order book, 11 min ago; Aevo: live order book, 29 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 KuCoin live order book, 11 min ago13.63 bp116.0 bp −$116doesn't fitdoesn't fitdoesn't fit
Sell Aevo live order book, 29 min ago776.26 bp793.2 bp −$793doesn't fitdoesn'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
BloFin MELANIA-USDT+0.0049%4h0.1100+0.705%$199K$6K75xas long as short
Hyperliquid MELANIA+0.0100%1h0.1093+0.064%$1.7M$207K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.10920.000%$3.0M$3.1M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1092−0.009%$1.5M$725K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1091−0.110%$419K$65K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1092−0.037%$1.2M$136K100xas long as short
KuCoin MELANIAUSDTMlong+0.0100%4h0.1092long leg$404K$1.2M30x
Bitget MELANIAUSDT+0.0100%4h0.1092+0.009%$960K$215K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1093+0.101%$1.5Mas long as short
Variational Omni MELANIA+0.0100%4h0.1097+0.447%$114K$590as long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo MELANIA-PERPshort+0.0104%1h0.1103+1.005%$252K3x
Aster MELANIAUSDT+0.0733%4h0.1092+0.043%$21K$15K5xas long as short
Kraken Futures PF_MELANIAUSD+0.1499%1h0.1099+0.686%$25K$3K10xas long as short