Funding arb · Price arb /

MEGA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0123%/8h= −13.4% APRpaid last 24h −0.037%

Price spread now: gTrade (Gains Network) against Aster+0.131%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.131% dearer against Aster than usual: you sell high and buy low (spread +0.131% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MEGAUSDT	0.04582	0.0100	pay 0.0050% / 4h	56m 08s	$18K	$89K	5x
Short	gTrade (Gains Network) MEGA/USD	0.04588	L +0.0001% / S +0.0023%	pay 0.0003% / 1h	56m 08s	$1K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Position, each leg$Hold fordaysFee AsterbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.131%Rate

Funding earned: −$25.77
Price spread: +0.131% → 0.000%: $13.09
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$32.67
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Aster and gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International MEGA-PERP-INTX	−0.0744%	1h	0.04490	−1.999%	$5K	$12K	50x	as long as short
Nado MEGA-PERP	−0.0006%	1h	0.04588	+0.142%	$199K	$142K	2x	as long as short
gTrade (Gains Network) MEGA/USDshort	L +0.0001% / S +0.0023%	1h	0.04588	+0.131%	$1K	—	150x
Aster MEGAUSDTlong	+0.0100%	4h	0.04582	long leg	$18K	$89K	5x
Pacifica MEGA	+0.0100%	1h	0.04579	−0.072%	$14K	$9K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04593	+0.240%	$4.1M	$13.6M	50x	as long as short
Bybit MEGAUSDT	+0.0100%	4h	0.04592	+0.218%	$3.6M	$5.6M	20x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04593	+0.240%	$942K	$3.2M	20x	as long as short
Bulk MEGA-USD	+0.0100%	1h	0.04560	−0.480%	$135K	$4K	10x	as long as short
Gate MEGA_USDT	+0.0100%	4h	0.04589	+0.153%	$199K	$319K	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC MEGA_USDT	+0.0100%	4h	0.04593	+0.240%	$839K	$366K	50x	as long as short
KuCoin MEGAUSDTM	+0.0100%	4h	0.04591	+0.197%	$231K	$117K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	0.04592	+0.218%	$1.1M	$1.5M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04593	+0.240%	—	$1.7M	—	as long as short
Backpack MEGA_USDC_PERP	+0.0100%	1h	0.04598	+0.349%	$18K	$47K	5x	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04541	−0.893%	$321K	$226K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04550	−0.689%	$24K	$1.8M	10x	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	0.04545	−0.807%	$24K	$232K	50x	as long as short
Orderly PERP_MEGA_USDC	+0.0100%	4h	0.04592	+0.218%	$3K	$2K	10x	as long as short
SunX MEGA-USDT	+0.0100%	4h	0.04594	+0.262%	$2K	$1.9M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04593	+0.240%	$128K	$823K	5x	as long as short
BloFin MEGA-USDT	+0.0150%	4h	0.04543	−0.851%	$202K	$94K	50x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	0.04588	+0.137%	$3	—	3x	as long as short
Phoenix MEGA	+0.0175%	1h	0.04550	−0.698%	$21K	$7K	5x	as long as short
GMX MEGA/USD [ETH-USDC]	L +0.0237% / S −0.5353%	1h	0.04589	+0.155%	$3K	—	45x	as long as short
Hyperliquid MEGA	+0.0274%	1h	0.04600	+0.382%	$7.9M	$2.6M	3x	as long as short
Lighter MEGA	+0.0632%	1h	0.04616	+0.742%	$653K	$335K	3x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.2166%	1h	0.04605	+0.493%	$111	$15	25x	as long as short