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 −0.020%
Price spread now: GRVT against Binance−0.242%7-day average +0.024% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 4 days (all we have)+1.174%+$117 · spread now −0.242%, 7d avg +0.024%
Together, before fees+1.185%+ Points / potential airdropGRVT: Active · farm board+$118 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: GRVT is 0.265% cheaper against Binance than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of +0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MEGAUSDT0.045850.0100pay 0.0050% / 4h2h 11m$4.1M$13.5M50x
ShortGRVT MEGA_USDT_Perp0.045740.0100get 0.0050% / 4h2h 11m$18K$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: −0.242% → +0.024%
−$26.55
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$45.55
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 14 min ago; GRVT: live order book, 2 min ago. Net counts fees only.

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, 14 min ago2.18 bp24.9 bp −$25126.1 bp −$1,261doesn't fitdoesn't fit
Sell GRVT live order book, 2 min ago4.37 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

MEGA on 27 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−0.0432%1h0.04490−2.058%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04572−0.282%$1K150xas long as short
Nado MEGA-PERP+0.0062%1h0.04573−0.256%$197K$140K2xas long as short
Aster MEGAUSDT+0.0100%4h0.04574−0.232%$18K$90K5xas long as short
Pacifica MEGA+0.0100%1h0.04572−0.276%$14K$9K3xas long as short
Binance MEGAUSDTlong+0.0100%4h0.04585long leg$4.1M$13.5M50x
Bybit MEGAUSDT+0.0100%4h0.04584−0.016%$3.6M$5.5M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04585+0.006%$943K$3.1M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04579−0.120%$135K$4K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04570−0.322%$203K$319K20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MEGA_USDT+0.0100%4h0.04585+0.006%$820K$366K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04582−0.060%$239K$112K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04585+0.006%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04578−0.147%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04569−0.340%$323K$226Kas long as short
GRVT MEGA_USDT_Perpshort+0.0100%4h0.04574−0.242%$18K$1.7M10x
ApeX Omni MEGAUSDT+0.0100%1h0.04571−0.300%$24K$229K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04580−0.104%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04568−0.365%$2K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04584−0.020%$131K$829K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04572−0.284%$33xas long as short
Phoenix MEGA+0.0173%1h0.04579−0.125%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04572−0.269%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0687%1h0.04580−0.104%$18K$46K5xas long as short
Lighter MEGA+0.1288%1h0.04609+0.529%$651K$329K3xas long as short
Hyperliquid MEGA+0.1840%1h0.04584−0.012%$7.9M$2.5M3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.2019%1h0.04594+0.202%$111$1525xas long as short