Funding arb · Price arb /

MELANIA

all MELANIA markets

Swap Backtest

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: MEXC against KuCoin+0.018%7-day average +0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$339as in the Funding arb table

Net, price: spread back to 7d avg − costs−$333as in the Price arb table

costs, in and out, $10k−$3283.284% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.108%−$11 on $10k

Price spread, last 7 days+0.093%+$9 · spread now +0.018%, 7d avg +0.059%

Together, before fees−0.015%−$2 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: MEXC is 0.041% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.059%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MELANIAUSDTM	0.1093	0.0100	pay 0.0050% / 4h	3h 22m	$415K	$1.1M	30x
Short	MEXC MELANIA_USDT	0.1093	0.0100	get 0.0050% / 4h	3h 22m	$1.2M	$137K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.018%Rate

Funding earned: $0
Price spread: +0.018% → +0.059%: −$4.11
Slippage, 4 orders: −$312.4
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$332.51
Costs to cover: 3.284%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; MEXC: 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 KuCoin live order book, 2 min ago	9.14 bp	128.1 bp −$128	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	1.37 bp	23.7 bp −$24	56.4 bp −$564	126.8 bp −$12.7K	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
Hyperliquid MELANIA	+0.0100%	1h	0.1092	−0.101%	$1.7M	$198K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1093	−0.029%	$3.0M	$3.0M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1094	+0.064%	$1.5M	$653K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1090	−0.311%	$420K	$56K	50x	as long as short
MEXC MELANIA_USDTshort	+0.0100%	4h	0.1093	+0.018%	$1.2M	$137K	100x
KuCoin MELANIAUSDTMlong	+0.0100%	4h	0.1093	long leg	$415K	$1.1M	30x
Bitget MELANIAUSDT	+0.0100%	4h	0.1093	−0.027%	$962K	$203K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1094	+0.055%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1096	+0.240%	$113K	$590	—	as long as short
Aevo MELANIA-PERP	+0.0104%	1h	0.1095	+0.183%	$250K	—	3x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MELANIA-USDT	+0.0108%	4h	0.1094	+0.046%	$197K	$6K	75x	as long as short
Aster MELANIAUSDT	+0.0682%	4h	0.1091	−0.220%	$21K	$16K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.0973%	1h	0.1093	+0.014%	$25K	$3K	10x	as long as short