Funding arb · Price arb /

MELANIA

all MELANIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.1365%/8h= +149.5% APRpaid last 24h −0.228%

Price spread now: Kraken Futures against KuCoin+0.051%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$41 a day on $10k at the current rate, and Kraken Futures is 0.051% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MELANIAUSDTM	0.1099	0.0344	pay 0.0172% / 4h	3h 39m	$441K	$1.7M	30x
Short	Kraken Futures PF_MELANIAUSD	0.1100	0.1709	get 0.0214% / 1h	39m 48s	$25K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Position, each leg$Hold fordaysFee KuCoinbpFee Kraken FuturesbpOrdersPrice spread, now +0.051%Rate

Funding earned: $286.72
Price spread: +0.051% → 0.000%: $5.14
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $269.85
Costs to cover: 0.220%
Break-even: 0.4 days

Slippage unknown: KuCoin: live order book, 1 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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 KuCoin live order book, 1 min ago	9.11 bp	119.0 bp −$119	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 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
BloFin MELANIA-USDT	+0.0047%	4h	0.1101	+0.182%	$196K	$6K	75x	as long as short
Hyperliquid MELANIA	+0.0100%	1h	0.1098	−0.055%	$1.7M	$211K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1099	+0.025%	$3.0M	$3.2M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1100	+0.082%	$1.5M	$809K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1098	−0.064%	$413K	$101K	50x	as long as short
MEXC MELANIA_USDT	+0.0100%	4h	0.1100	+0.045%	$1.2M	$136K	100x	as long as short
Bitget MELANIAUSDT	+0.0100%	4h	0.1099	+0.009%	$946K	$241K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1100	+0.064%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1100	+0.069%	$114K	$672	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1100	+0.091%	$252K	—	3x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MELANIAUSDTMlong	+0.0344%	4h	0.1099	long leg	$441K	$1.7M	30x
Aster MELANIAUSDT	+0.0716%	4h	0.1100	+0.062%	$21K	$15K	5x	as long as short
Kraken Futures PF_MELANIAUSDshort	+0.1709%	1h	0.1100	+0.051%	$25K	$3K	10x