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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0388%/8h= −42.5% APRnext payment $0.48 per $10,000 · paid last 24h +0.255%
Price spread now: Coinbase International against ApeX Omni+0.120%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Coinbase International is 0.120% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.120% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 25 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni MEGAUSDT0.044850.0100pay 0.0013% / 1h15m 11s$25K$229K50x
ShortCoinbase International MEGA-PERP-INTX0.04490−0.0288pay 0.0036% / 1h15m 11s$5K$12K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$81.48
Price spread: +0.120% → 0.000%
$12.04
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$89.44
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 6 min ago; Coinbase International: 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 ApeX Omni live order book, 6 min ago8.90 bp22.6 bp −$23130.3 bp −$1,303doesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: 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.

MEGA on 28 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
Coinbase International MEGA-PERP-INTXshort−0.0288%1h0.04490+0.120%$5K$12K50x
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04475−0.213%$12K150xas long as short
Phoenix MEGA0.0000%1h0.04497+0.268%$21K$7K5xas long as short
Nado MEGA-PERP+0.0049%1h0.04476−0.190%$193K$150K2xas long as short
Orderly PERP_MEGA_USDC+0.0098%4h0.04475−0.223%$3K$2K10xas long as short
Aster MEGAUSDT+0.0100%4h0.04478−0.145%$20K$80K5xas long as short
Pacifica MEGA+0.0100%1h0.04480−0.114%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04480−0.121%$4.0M$12.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04478−0.156%$3.4M$4.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04480−0.111%$918K$2.9M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk MEGA-USD+0.0100%1h0.04500+0.324%$133K$5K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04480−0.111%$191K$311K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04481−0.089%$772K$356K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04480−0.111%$236K$112K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04481−0.089%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04479−0.134%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04477−0.183%$238K$109Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04487+0.037%$21K$1.7M10xas long as short
ApeX Omni MEGAUSDTlong+0.0100%1h0.04485long leg$25K$229K50x
SunX MEGA-USDT+0.0100%4h0.04477−0.178%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04475−0.225%$127K$613K5xas long as short
BloFin MEGA-USDT+0.0140%4h0.04477−0.178%$196K$76K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04475−0.217%$33xas long as short
Backpack MEGA_USDC_PERP+0.0203%1h0.044850.000%$18K$41K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0236% / S −0.5353%1h0.04475−0.219%$3K45xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0889%1h0.04481−0.080%$108$1525xas long as short
Hyperliquid MEGA+0.1196%1h0.04493+0.178%$7.6M$2.4M3xas long as short
Lighter MEGA+0.2792%1h0.04502+0.379%$623K$327K3xas long as short