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% APRpaid last 24h +0.255%
Price spread now: Coinbase International against Aster−0.052%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 −$12 a day on $10k at the current rate, and Coinbase International is 0.052% cheaper against Aster than usual: you would sell low and buy high (−$5 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 MEGAUSDT0.044930.0100pay 0.0050% / 4h2h 18m$20K$80K5x
ShortCoinbase International MEGA-PERP-INTX0.04490−0.0288pay 0.0036% / 1h18m 51s$5K$12K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$81.48
Price spread: −0.052% → 0.000%
−$5.24
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$104.72
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; 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 Aster no order-book sample
Sell Coinbase International no order-book sample
Aster and 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%1h0.04490−0.052%$5K$12K50x
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04491−0.028%$12K150xas long as short
Phoenix MEGA0.0000%1h0.04499+0.139%$21K$7K5xas long as short
Nado MEGA-PERP+0.0051%1h0.04495+0.050%$194K$150K2xas long as short
Orderly PERP_MEGA_USDC+0.0098%4h0.04491−0.039%$3K$2K10xas long as short
Aster MEGAUSDTlong+0.0100%4h0.04493long leg$20K$80K5x
Pacifica MEGA+0.0100%1h0.04497+0.088%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04492−0.012%$4.0M$12.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04491−0.039%$3.5M$4.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04489−0.084%$920K$2.9M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk MEGA-USD+0.0100%1h0.04500+0.151%$133K$5K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04492−0.017%$191K$311K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04491−0.039%$774K$355K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04496+0.072%$237K$112K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04492−0.017%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04491−0.039%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04493+0.011%$239K$109Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04490−0.060%$21K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04493+0.006%$25K$229K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04492−0.017%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04492−0.015%$127K$613K5xas long as short
BloFin MEGA-USDT+0.0153%4h0.04485−0.173%$196K$76K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04492−0.009%$33xas long as short
Backpack MEGA_USDC_PERP+0.0161%1h0.04495+0.050%$18K$41K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0236% / S −0.5353%1h0.04491−0.041%$3K45xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0930%1h0.04497+0.103%$109$1525xas long as short
Hyperliquid MEGA+0.1239%1h0.04502+0.206%$7.6M$2.4M3xas long as short
Lighter MEGA+0.2792%1h0.04513+0.451%$624K$327K3xas long as short