Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.048%
Price spread now: SunX against Backpack−0.591%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.591% cheaper against Backpack than usual: you would sell low and buy high, −$59 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack MEGA_USDC_PERP | 0.04568 | 0.0100 | pay 0.0013% / 1h | 57m 05s | $18K | $47K | 5x |
| Short | SunX MEGA-USDT | 0.04541 | 0.0100 | get 0.0050% / 4h | 57m 05s | $2K | $1.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.591% → 0.000%
- −$59.11
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$77.11
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Backpack: no order-book sample; SunX: live order book, 9 min ago. 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 Backpack no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 9 min ago | 500.99 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Backpack: 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 | −1.699% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04559 | −0.197% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0058% | 1h | 0.04549 | −0.416% | $197K | $142K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04557 | −0.251% | $18K | $89K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04545 | −0.501% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04566 | −0.051% | $4.1M | $13.6M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04563 | −0.109% | $3.6M | $5.6M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04564 | −0.088% | $936K | $3.1M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04560 | −0.175% | $135K | $4K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04556 | −0.263% | $198K | $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 | 0.04560 | −0.175% | $833K | $366K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04556 | −0.263% | $229K | $117K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04567 | −0.022% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04565 | −0.066% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERPlong | +0.0100% | 1h | 0.04568 | long leg | $18K | $47K | 5x | |
| Variational Omni MEGA | +0.0100% | 4h | 0.04541 | −0.590% | $321K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04550 | −0.384% | $24K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04545 | −0.504% | $24K | $232K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04558 | −0.219% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDTshort | +0.0100% | 4h | 0.04541 | −0.591% | $2K | $1.9M | 10x | |
| Extended MEGA-USD | +0.0104% | 1h | 0.04557 | −0.242% | $127K | $823K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0150% | 4h | 0.04543 | −0.547% | $202K | $94K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04550 | −0.388% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0175% | 1h | 0.04550 | −0.394% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04554 | −0.315% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.0270% | 1h | 0.04574 | +0.136% | $7.9M | $2.6M | 3x | as long as short |
| Lighter MEGA | +0.0376% | 1h | 0.04581 | +0.285% | $648K | $335K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1966% | 1h | 0.04568 | −0.004% | $111 | $15 | 25x | as long as short |
Backpack MEGA_USDC_PERP
SunX MEGA-USDT
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Extended MEGA-USD
BloFin MEGA-USDT
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL