Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance−0.028%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$253as in the Funding arb table
Net, price: spread back to 7d avg − costs−$256as in the Price arb table
costs, in and out, $10k−$2542.537% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now −0.028%, 7d avg −0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.024% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MEGAUSDT | 0.04492 | 0.0100 | pay 0.0050% / 4h | 2h 19m | $4.0M | $12.7M | 50x |
| Short | Gate MEGA_USDT | 0.04491 | 0.0100 | get 0.0050% / 4h | 2h 19m | $191K | $311K | 20x |
Binance MEGAUSDT
Gate MEGA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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: −0.028% → −0.004%
- −$2.44
- Slippage, 4 orders
- −$228.73
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$256.17
- Costs to cover
- 2.537%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Gate: live order book, 65 min ago.
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 Binance live order book, 6 min ago | 1.12 bp | 21.8 bp −$22 | 123.3 bp −$1,233 | doesn't fit | doesn't fit |
| Sell Gate live order book, 65 min ago | 2.24 bp | 141.8 bp −$142 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0288% | 1h | 0.04490 | −0.042% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04491 | −0.017% | $12K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04499 | +0.150% | $21K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0051% | 1h | 0.04495 | +0.061% | $194K | $150K | 2x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0098% | 4h | 0.04491 | −0.028% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04492 | −0.001% | $20K | $80K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04497 | +0.098% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDTlong | +0.0100% | 4h | 0.04492 | long leg | $4.0M | $12.7M | 50x | |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04491 | −0.028% | $3.5M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04489 | −0.073% | $919K | $2.9M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Nado MEGA-PERP
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Bybit MEGAUSDT
OKX MEGA-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | +0.0100% | 1h | 0.04500 | +0.161% | $133K | $5K | 10x | as long as short |
| Gate MEGA_USDTshort | +0.0100% | 4h | 0.04491 | −0.028% | $191K | $311K | 20x | |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04491 | −0.028% | $774K | $355K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04496 | +0.083% | $237K | $112K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04492 | −0.006% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04490 | −0.051% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04493 | +0.022% | $239K | $109K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04490 | −0.050% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04493 | +0.016% | $25K | $229K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04492 | −0.006% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04491 | −0.027% | $127K | $613K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0153% | 4h | 0.04485 | −0.162% | $196K | $76K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04492 | +0.002% | $3 | — | 3x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0161% | 1h | 0.04495 | +0.061% | $18K | $41K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04491 | −0.031% | $3K | — | 45x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0930% | 1h | 0.04497 | +0.114% | $109 | $15 | 25x | as long as short |
| Hyperliquid MEGA | +0.1248% | 1h | 0.04505 | +0.283% | $7.6M | $2.4M | 3x | as long as short |
| Lighter MEGA | +0.2792% | 1h | 0.04513 | +0.461% | $624K | $327K | 3x | as long as short |
Bulk MEGA-USD
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Extended MEGA-USD
BloFin MEGA-USDT
Reya MEGARUSDPERP
Backpack MEGA_USDC_PERP
GMX MEGA/USD [ETH-USDC]
Deribit MEGA_USDC-PERPETUAL
Hyperliquid MEGA
Lighter MEGA