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

MELANIA

all MELANIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0511%/8h= +55.9% APRnext payment +$2.55 per $10,000 · paid last 24h +0.120%
Price spread now: Aster against Variational Omni−0.270%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Aster is 0.270% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.270% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$27 on $10k: about 42 hours of funding at the current rate (+$15 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni MELANIA0.11000.0100pay 0.0050% / 4h3h 02m$114K$672
ShortAster MELANIAUSDT0.10970.0611get 0.0305% / 4h3h 02m$21K$15K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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
$107.25
Price spread: −0.270% → 0.000%
−$26.97
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$72.28
Costs to cover
0.080%
Break-even
2.3 days
Slippage unknown: Variational Omni: RFQ quote, 51 min ago; Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 51 min ago9.13 bpdoesn't fit283.1 bp −$2,831doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MELANIA+0.0100%1h0.1096−0.382%$1.7M$211K3xas long as short
Binance MELANIAUSDT+0.0100%4h0.1097−0.345%$3.0M$3.3M75xas long as short
Bybit MELANIAUSDT+0.0100%4h0.1097−0.273%$1.5M$816K20xas long as short
Gate MELANIA_USDT+0.0100%4h0.1095−0.464%$412K$101K50xas long as short
MEXC MELANIA_USDT+0.0100%4h0.1097−0.310%$1.2M$138K100xas long as short
Bitget MELANIAUSDT+0.0100%4h0.1097−0.282%$944K$242K50xas long as short
BingX MELANIA-USDT+0.0100%4h0.1097−0.273%$1.5Mas long as short
Variational Omni MELANIAlong+0.0100%4h0.1100long leg$114K$672
Aevo MELANIA-PERP+0.0104%1h0.1095−0.482%$250K3xas long as short
BloFin MELANIA-USDT+0.0106%4h0.1096−0.373%$195K$6K75xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MELANIAUSDTM+0.0140%4h0.1097−0.301%$436K$1.7M30xas long as short
Aster MELANIAUSDTshort+0.0611%4h0.1097−0.270%$21K$15K5x
Kraken Futures PF_MELANIAUSD+0.1713%1h0.1097−0.307%$25K$3K10xas long as short