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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.022%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1131.127% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.031%+$3 on $10k
Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.022%, 7d avg +0.012%
Together, before fees+0.057%+$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: Bitget is 0.034% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MEGAUSDT0.045340.0100pay 0.0050% / 4h2h 51m$4.0M$13.5M50x
ShortBitget MEGAUSDT0.045330.0100get 0.0050% / 4h2h 51m$1.1M$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.022% → +0.012%
−$3.42
Slippage, 4 orders
−$90.69
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$116.1
Costs to cover
1.127%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; Bitget: live order book, 5 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, 3 min ago2.19 bp30.2 bp −$30137.1 bp −$1,371doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago6.55 bp28.5 bp −$28150.9 bp −$1,509doesn't fitdoesn'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
ApeX Omni MEGAUSDT−0.0848%1h0.04584+1.103%$25K$231K50xas long as short
Coinbase International MEGA-PERP-INTX−0.0432%1h0.04490−0.962%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04533−0.024%$12K150xas long as short
BloFin MEGA-USDT+0.0077%4h0.04554+0.441%$202K$89K50xas long as short
Nado MEGA-PERP+0.0086%1h0.04542+0.176%$196K$140K2xas long as short
Aster MEGAUSDT+0.0100%4h0.04538+0.080%$17K$90K5xas long as short
Pacifica MEGA+0.0100%1h0.04544+0.218%$14K$9K3xas long as short
Binance MEGAUSDTlong+0.0100%4h0.04534long leg$4.0M$13.5M50x
Bybit MEGAUSDT+0.0100%4h0.04532−0.044%$3.5M$5.4M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04532−0.044%$928K$3.1M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04532−0.044%$201K$318K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04535+0.022%$841K$359K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04538+0.088%$238K$117K50xas long as short
Bitget MEGAUSDTshort+0.0100%4h0.04533−0.022%$1.1M$1.5M50x
BingX MEGA-USDT+0.0100%4h0.045340.000%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04539+0.110%$18K$43K5xas long as short
Variational Omni MEGA+0.0100%4h0.04575+0.911%$323K$227Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04571+0.820%$28K$1.7M10xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.045340.000%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04541+0.154%$1K$1.9M10xas long as short
Bulk MEGA-USD+0.0100%1h0.04600+1.453%$136K$4K10xas long as short
Extended MEGA-USD+0.0104%1h0.04531−0.070%$127K$824K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04539+0.117%$33xas long as short
Phoenix MEGA+0.0173%1h0.04575+0.904%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04534−0.004%$3K45xas long as short
Lighter MEGA+0.1200%1h0.04558+0.529%$641K$324K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.2198%1h0.04546+0.271%$110$1525xas long as short
Hyperliquid MEGA+0.2301%1h0.04548+0.309%$7.8M$2.5M3xas long as short