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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.1641%/8h= +179.7% APRnext payment +$2.05 per $10,000 · paid last 24h +0.283%
Price spread now: Deribit against ApeX Omni+0.271%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
Both sides work for this trade now. Funding pays +$49 a day on $10k at the current rate, and Deribit is 0.271% dearer against ApeX Omni than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni MEGAUSDT0.044670.0100pay 0.0013% / 1h55m 09s$24K$230K50x
ShortDeribit MEGA_USDC-PERPETUAL0.044790.1741get 0.0218% / 1h55m 09s$108$1525x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$344.58
Price spread: +0.271% → 0.000%
$27.09
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$354.67
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 26 min ago; Deribit: 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, 26 min ago8.90 bp22.6 bp −$23130.3 bp −$1,303doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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-INTX−0.0144%1h0.04490+0.524%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04469+0.052%$12K150xas long as short
Phoenix MEGA0.0000%1h0.04474+0.157%$20K$7K5xas long as short
Nado MEGA-PERP+0.0055%1h0.04473+0.123%$193K$151K2xas long as short
Orderly PERP_MEGA_USDC+0.0098%4h0.04470+0.067%$3K$2K10xas long as short
Aster MEGAUSDT+0.0100%4h0.04471+0.089%$20K$80K5xas long as short
Pacifica MEGA+0.0100%1h0.04473+0.128%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04471+0.090%$4.0M$12.8M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04468+0.022%$3.5M$4.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.044670.000%$915K$2.9M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk MEGA-USD+0.0100%1h0.04471+0.097%$132K$5K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04469+0.045%$191K$310K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04473+0.134%$764K$345K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04469+0.045%$236K$112K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04469+0.045%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04468+0.022%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04473+0.137%$238K$109Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04471+0.088%$21K$1.7M10xas long as short
ApeX Omni MEGAUSDTlong+0.0100%1h0.04467long leg$24K$230K50x
SunX MEGA-USDT+0.0100%4h0.04471+0.090%$2K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04470+0.062%$127K$613K5xas long as short
BloFin MEGA-USDT+0.0129%4h0.04472+0.112%$197K$76K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04474+0.161%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0236% / S −0.5353%1h0.04469+0.051%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0829%1h0.04475+0.179%$18K$41K5xas long as short
Lighter MEGA+0.1536%1h0.04490+0.515%$621K$311K3xas long as short
Hyperliquid MEGA+0.1538%1h0.04482+0.331%$7.6M$2.4M3xas long as short
Deribit MEGA_USDC-PERPETUALshort+0.1741%1h0.04479+0.271%$108$1525x