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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance−0.066%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1431.431% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 7 days+0.037%+$4 · spread now −0.066%, 7d avg −0.027%
Together, before fees+0.056%+$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.039% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MEGAUSDT0.045480.0100pay 0.0050% / 4h3h 09m$4.0M$13.7M50x
ShortBingX MEGA-USDT0.045450.0100get 0.0050% / 4h3h 09m$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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
$0
Price spread: −0.066% → −0.027%
−$3.9
Slippage, 4 orders
−$123.09
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$146.99
Costs to cover
1.431%
Break-even
never at this rate
Slippage from Binance: live order book, 16 min ago; BingX: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 16 min ago1.09 bp29.4 bp −$29133.9 bp −$1,339doesn't fitdoesn't fit
Sell BingX live order book, 8 min ago15.31 bp43.9 bp −$44103.1 bp −$1,031867.6 bp −$86.8Kdoesn't fit

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−0.0680%1h0.04589+0.912%$5K$12K50xas long as short
Phoenix MEGA0.0000%1h0.04571+0.506%$21K$7K5xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04548+0.001%$1K150xas long as short
BloFin MEGA-USDT+0.0058%4h0.04556+0.176%$201K$94K50xas long as short
Bybit MEGAUSDT+0.0080%4h0.04545−0.066%$3.5M$5.8M20xas long as short
Nado MEGA-PERP+0.0086%1h0.04551+0.077%$196K$143K2xas long as short
Aster MEGAUSDT+0.0100%4h0.04549+0.023%$19K$91K5xas long as short
Pacifica MEGA+0.0100%1h0.04555+0.152%$14K$9K3xas long as short
Binance MEGAUSDTlong+0.0100%4h0.04548long leg$4.0M$13.7M50x
OKX MEGA-USDT-SWAP+0.0100%4h0.04541−0.154%$928K$3.2M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk MEGA-USD+0.0100%1h0.04571+0.509%$135K$11110xas long as short
Gate MEGA_USDT+0.0100%4h0.04550+0.044%$202K$327K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04547−0.022%$796K$377K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04547−0.022%$231K$119K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.045480.000%$1.0M$1.5M50xas long as short
BingX MEGA-USDTshort+0.0100%4h0.04545−0.066%$1.7M
Backpack MEGA_USDC_PERP+0.0100%1h0.04557+0.198%$18K$53K5xas long as short
Variational Omni MEGA+0.0100%4h0.04557+0.201%$322K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04570+0.488%$25K$1.8M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04568+0.440%$24K$229K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04547−0.022%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04554+0.132%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04546−0.048%$129K$472K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04549+0.027%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04546−0.037%$3K45xas long as short
Hyperliquid MEGA+0.0398%1h0.04559+0.235%$7.9M$2.6M3xas long as short
Lighter MEGA+0.0952%1h0.04571+0.506%$647K$344K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1025%1h0.04554+0.130%$110$1525xas long as short