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 0.000%
Price spread now: Bybit against KuCoin+0.055%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$343as in the Funding arb table
Net, price: spread back to 7d avg − costs−$325as in the Price arb table
costs, in and out, $10k−$3263.260% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.172%−$17 on $10k
Price spread, last 7 days−0.049%−$5 · spread now +0.055%, 7d avg +0.047%
Together, before fees−0.221%−$22 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MELANIAUSDTM0.10850.0100pay 0.0050% / 4h3h 01m$412K$1.2M30x
ShortBybit MELANIAUSDT0.10860.0100get 0.0050% / 4h3h 01m$1.4M$659K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
Price spread: +0.055% → +0.047%
$0.81
Slippage, 4 orders
−$303.02
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$325.2
Costs to cover
3.260%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Bybit: live order book, 5 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, 3 min ago9.15 bp142.0 bp −$142doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago8.23 bp27.9 bp −$28171.3 bp −$1,713doesn'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
Hyperliquid MELANIA+0.0100%1h0.1084−0.120%$1.7M$200K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1085+0.034%$3.0M$3.0M75xas long as short
Bybit MELANIAUSDTshort+0.0100%4h0.1086+0.055%$1.4M$659K20x
Gate MELANIA_USDT+0.0100%4h0.1085+0.037%$415K$61K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1085+0.037%$1.2M$138K100xas long as short
KuCoin MELANIAUSDTMlong+0.0100%4h0.1085long leg$412K$1.2M30x
Bitget MELANIAUSDT+0.0100%4h0.1085+0.046%$952K$205K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1085+0.028%$1.5Mas long as short
Variational Omni MELANIA+0.0100%4h0.1093+0.742%$113K$590as long as short
Aevo MELANIA-PERP+0.0104%1h0.10850.000%$248K3xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MELANIA-USDT+0.0115%4h0.1089+0.323%$196K$6K75xas long as short
Aster MELANIAUSDT+0.0726%4h0.1086+0.055%$21K$15K5xas long as short
Kraken Futures PF_MELANIAUSD+0.0979%1h0.1086+0.109%$25K$3K10xas long as short