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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against MEXC0.000%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$990.992% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 3 days (all we have)−0.162%−$16 · spread now 0.000%, 7d avg +0.020%
Together, before fees−0.168%−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.020%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC MELANIA_USDT0.10860.0100pay 0.0050% / 4h14m 33s$1.2M$137K100x
ShortBloFin MELANIA-USDT0.10860.0112get 0.0056% / 4h14m 33s$196K$6K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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
$2.42
Price spread: 0.000% → +0.020%
−$1.95
Slippage, 4 orders
−$83.21
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$98.75
Costs to cover
0.992%
Break-even
293.2 days
Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 55 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 MEXC live order book, 2 min ago3.22 bp17.5 bp −$1851.4 bp −$514102.4 bp −$10.2Kdoesn't fit
Sell BloFin live order book, 55 min ago3.70 bp30.4 bp −$3083.0 bp −$830doesn'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%1h0.1085−0.101%$1.7M$202K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1086−0.009%$3.0M$3.0M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1086−0.028%$1.5M$679K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1084−0.193%$421K$62K50xas long as short
MEXC MELANIA_USDTlong+0.0100%4h0.1086long leg$1.2M$137K100x
KuCoin MELANIAUSDTM+0.0100%4h0.1084−0.203%$395K$1.0M30xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1084−0.166%$961K$216K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1086+0.009%$1.5Mas long as short
Variational Omni MELANIA+0.0100%4h0.1088+0.183%$113K$590as long as short
Aevo MELANIA-PERP+0.0104%1h0.1074−1.159%$246K3xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MELANIA-USDTshort+0.0112%4h0.10860.000%$196K$6K75x
Aster MELANIAUSDT+0.0494%4h0.10860.000%$21K$16K5xas long as short
Kraken Futures PF_MELANIAUSD+0.1986%1h0.1086−0.020%$25K$3K10xas long as short