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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0057%/8h= −6.2% APRnext payment $0.29 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Aster−0.071%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.071% cheaper against Aster than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MEGAUSDT0.045890.0100pay 0.0050% / 4h2h 57m$18K$90K5x
ShortBloFin MEGA-USDT0.045860.0043get 0.0021% / 4h2h 57m$202K$89K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
−$11.98
Price spread: −0.071% → 0.000%
−$7.14
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$39.12
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; BloFin: live order book, 3 min ago. 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 Aster no order-book sample
Sell BloFin live order book, 3 min ago3.26 bp27.7 bp −$2886.7 bp −$867doesn't fitdoesn't fit
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.

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−0.0432%1h0.04490−2.155%$5K$12K50xas long as short
Phoenix MEGA0.0000%1h0.04598+0.190%$21K$7K5xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04588−0.028%$1K150xas long as short
BloFin MEGA-USDTshort+0.0043%4h0.04586−0.071%$202K$89K50x
Nado MEGA-PERP+0.0059%1h0.04590+0.016%$198K$138K2xas long as short
Aster MEGAUSDTlong+0.0100%4h0.04589long leg$18K$90K5x
Pacifica MEGA+0.0100%1h0.04593+0.083%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04587−0.049%$4.1M$13.4M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04582−0.159%$3.6M$5.4M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04580−0.202%$942K$3.1M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04588−0.028%$201K$316K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04584−0.115%$851K$358K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04589−0.006%$241K$116K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04585−0.093%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04579−0.224%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04587−0.050%$18K$43K5xas long as short
Variational Omni MEGA+0.0100%4h0.04596+0.140%$324K$227Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04603+0.301%$21K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04601+0.255%$25K$231K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04587−0.050%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04587−0.050%$2K$1.9M10xas long as short
Bulk MEGA-USD+0.0100%1h0.04600+0.231%$136K$4K10xas long as short
Extended MEGA-USD+0.0104%1h0.04585−0.085%$130K$822K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04585−0.098%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04587−0.058%$3K45xas long as short
Lighter MEGA+0.0880%1h0.04610+0.452%$648K$324K3xas long as short
Hyperliquid MEGA+0.2112%1h0.04602+0.275%$7.9M$2.5M3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.2191%1h0.04599+0.216%$111$1525xas long as short