Funding you earn now, next payment 00:00 UTC+0.0035%/8h= +3.8% APRpaid last 24h −0.002%
Price spread now: BloFin against ApeX Omni−0.089%7-day average +0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$690.692% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 3 days (all we have)+2.025%+$203 · spread now −0.089%, 7d avg +0.087%
=Funding pays, the price is against you. BloFin is 0.175% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of +0.087%). If the spread goes back, that is −$18 on $10k: about 17 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni MEGAUSDT | 0.04516 | 0.0100 | pay 0.0013% / 1h | 29m 59s | $25K | $230K | 50x |
| Short | BloFin MEGA-USDT | 0.04512 | 0.0135 | get 0.0067% / 4h | 29m 59s | $195K | $77K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $7.35
- Price spread: −0.089% → +0.087%
- −$17.51
- Slippage, 4 orders
- −$47.23
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$79.4
- Costs to cover
- 0.692%
- Break-even
- 82.7 days
Slippage from ApeX Omni: live order book, 46 min ago; BloFin: live order book, 40 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 ApeX Omni live order book, 46 min ago | 8.95 bp | 18.4 bp −$18 | 134.6 bp −$1,346 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 40 min ago | 3.35 bp | 15.7 bp −$16 | 62.3 bp −$623 | doesn't fit | doesn't fit |
MEGA on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04511 | −0.106% | $12K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0093% | 1h | 0.04512 | −0.078% | $195K | $135K | 2x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04511 | −0.111% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04512 | −0.098% | $18K | $83K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04513 | −0.073% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04512 | −0.089% | $3.9M | $12.8M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04509 | −0.155% | $3.5M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04510 | −0.133% | $919K | $2.9M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04515 | −0.026% | $133K | $2K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04510 | −0.133% | $193K | $310K | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04512 | −0.089% | $768K | $352K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04511 | −0.111% | $237K | $114K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04512 | −0.089% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04509 | −0.155% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04508 | −0.166% | $226K | $133K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04523 | +0.146% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDTlong | +0.0100% | 1h | 0.04516 | long leg | $25K | $230K | 50x | |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04513 | −0.066% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04512 | −0.095% | $128K | $613K | 5x | as long as short |
| BloFin MEGA-USDTshort | +0.0135% | 4h | 0.04512 | −0.089% | $195K | $77K | 50x | |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04512 | −0.089% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04510 | −0.131% | $3K | — | 45x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.0296% | 1h | 0.04490 | −0.567% | $5K | $12K | 50x | as long as short |
| Phoenix MEGA | +0.0355% | 1h | 0.04510 | −0.133% | $21K | $7K | 5x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0593% | 1h | 0.04515 | −0.022% | $18K | $41K | 5x | as long as short |
| Hyperliquid MEGA | +0.1163% | 1h | 0.04522 | +0.126% | $7.7M | $2.4M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1302% | 1h | 0.04518 | +0.035% | $109 | $15 | 25x | as long as short |
| Lighter MEGA | +0.1512% | 1h | 0.04533 | +0.376% | $637K | $319K | 3x | as long as short |
ApeX Omni MEGAUSDT
BloFin MEGA-USDT
gTrade (Gains Network) MEGA/USD
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
SunX MEGA-USDT
Extended MEGA-USD
GMX MEGA/USD [ETH-USDC]
Coinbase International MEGA-PERP-INTX
Phoenix MEGA
Backpack MEGA_USDC_PERP
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL
Lighter MEGA