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: KuCoin against MEXC−0.236%7-day average −0.059% · you buy dearer than you sell

Net, funding: paid 7d − costs−$324as in the Funding arb table

Net, price: spread back to 7d avg − costs−$352as in the Price arb table

costs, in and out, $10k−$3343.345% of the position

Long on MEXC Short on KuCoin

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+0.134%+$13 · spread now −0.236%, 7d avg −0.059%

Together, before fees+0.242%+$24 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: KuCoin is 0.176% cheaper against MEXC than usual: you would sell low and buy high, −$18 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	MEXC MELANIA_USDT	0.1104	0.0100	pay 0.0050% / 4h	2h 35m	$1.2M	$136K	100x
Short	KuCoin MELANIAUSDTM	0.1101	0.0100	get 0.0050% / 4h	2h 35m	$406K	$1.2M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee MEXCbpFee KuCoinbpOrdersPrice spread, now −0.236%Rate

Funding earned: $0
Price spread: −0.236% → −0.059%: −$17.64
Slippage, 4 orders: −$318.47
Fee MEXC: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$352.11
Costs to cover: 3.345%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 5 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 MEXC live order book, 1 min ago	4.53 bp	17.1 bp −$17	53.7 bp −$537	103.8 bp −$10.4K	doesn't fit
Sell KuCoin live order book, 5 min ago	18.33 bp	168.7 bp −$169	doesn't fit	doesn't fit	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
BloFin MELANIA-USDT	+0.0049%	4h	0.1100	−0.353%	$199K	$6K	75x	as long as short
Hyperliquid MELANIA	+0.0100%	1h	0.1104	0.000%	$1.7M	$207K	3x	as long as short
Binance MELANIAUSDT	+0.0100%	4h	0.1104	−0.005%	$3.0M	$3.1M	75x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1105	+0.136%	$1.5M	$728K	20x	as long as short
Gate MELANIA_USDT	+0.0100%	4h	0.1100	−0.344%	$422K	$65K	50x	as long as short
MEXC MELANIA_USDTlong	+0.0100%	4h	0.1104	long leg	$1.2M	$136K	100x
KuCoin MELANIAUSDTMshort	+0.0100%	4h	0.1101	−0.236%	$406K	$1.2M	30x
Bitget MELANIAUSDT	+0.0100%	4h	0.1100	−0.290%	$968K	$215K	50x	as long as short
BingX MELANIA-USDT	+0.0100%	4h	0.1105	+0.091%	—	$1.5M	—	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1105	+0.093%	$114K	$590	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo MELANIA-PERP	+0.0104%	1h	0.1105	+0.087%	$253K	—	3x	as long as short
Aster MELANIAUSDT	+0.0723%	4h	0.1101	−0.210%	$21K	$15K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1494%	1h	0.1103	−0.094%	$25K	$3K	10x	as long as short