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+0.0903%/8h= +98.9% APRpaid last 24h +0.283%
Price spread now: Deribit against Aster+0.133%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 fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Deribit is 0.133% dearer against Aster than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MEGAUSDT0.044690.0100pay 0.0050% / 4h1h 57m$20K$80K5x
ShortDeribit MEGA_USDC-PERPETUAL0.044750.1003get 0.0125% / 1h57m 10s$108$1525x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$189.65
Price spread: +0.133% → 0.000%
$13.26
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$187.91
Costs to cover
0.150%
Break-even
0.1 days
Slippage unknown: Aster: no order-book sample; 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 Aster no order-book sample
Sell Deribit no order-book sample
Aster and 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+0.488%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04468−0.009%$12K150xas long as short
Phoenix MEGA0.0000%1h0.04474+0.121%$20K$7K5xas long as short
Nado MEGA-PERP+0.0024%1h0.04469+0.021%$193K$150K2xas long as short
Orderly PERP_MEGA_USDC+0.0098%4h0.04469+0.010%$3K$2K10xas long as short
Aster MEGAUSDTlong+0.0100%4h0.04469long leg$20K$80K5x
Pacifica MEGA+0.0100%1h0.04472+0.077%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04470+0.042%$4.0M$12.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04468−0.013%$3.4M$4.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04470+0.032%$915K$2.9M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk MEGA-USD+0.0100%1h0.04471+0.062%$132K$5K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04468−0.013%$191K$309K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04469+0.010%$764K$345K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04472+0.077%$236K$112K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04471+0.054%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04469+0.010%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04472+0.084%$238K$109Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04476+0.163%$21K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04475+0.144%$24K$230K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04470+0.032%$1K$1.9M10xas long as short
BloFin MEGA-USDT+0.0102%4h0.04472+0.077%$197K$76K50xas long as short
Extended MEGA-USD+0.0104%1h0.04470+0.028%$127K$613K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04470+0.036%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0236% / S −0.5353%1h0.04467−0.028%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0676%1h0.04473+0.099%$18K$41K5xas long as short
Deribit MEGA_USDC-PERPETUALshort+0.1003%1h0.04475+0.133%$108$1525x
Lighter MEGA+0.1488%1h0.04490+0.480%$621K$310K3xas long as short
Hyperliquid MEGA+0.1510%1h0.04482+0.292%$7.6M$2.4M3xas long as short