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: MEXC against Binance−0.007%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$750.749% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.024%−$2 · spread now −0.007%, 7d avg −0.002%
Together, before fees−0.024%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MEGAUSDT0.045620.0100pay 0.0050% / 4h2h 09m$4.0M$13.5M50x
ShortMEXC MEGA_USDT0.045620.0100get 0.0050% / 4h2h 09m$815K$366K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.007% → −0.002%
−$0.52
Slippage, 4 orders
−$64.95
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$75.47
Costs to cover
0.749%
Break-even
never at this rate
Slippage from Binance: live order book, 16 min ago; MEXC: live order book, 51 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 ago2.18 bp24.9 bp −$25126.1 bp −$1,261doesn't fitdoesn't fit
Sell MEXC live order book, 51 min ago1.09 bp8.2 bp −$873.5 bp −$735184.7 bp −$18.5Kdoesn'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%1h0.04490−1.577%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04561−0.029%$1K150xas long as short
Nado MEGA-PERP+0.0064%1h0.04563+0.026%$197K$140K2xas long as short
Aster MEGAUSDT+0.0100%4h0.04563+0.006%$18K$90K5xas long as short
Pacifica MEGA+0.0100%1h0.04564+0.032%$14K$9K3xas long as short
Binance MEGAUSDTlong+0.0100%4h0.04562long leg$4.0M$13.5M50x
Bybit MEGAUSDT+0.0100%4h0.04560−0.051%$3.6M$5.5M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04564+0.037%$939K$3.1M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04579+0.371%$135K$4K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04559−0.073%$202K$319K20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MEGA_USDTshort+0.0100%4h0.04562−0.007%$815K$366K50x
KuCoin MEGAUSDTM+0.0100%4h0.04562−0.007%$238K$112K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04563+0.015%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04561−0.029%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04572+0.205%$322K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04586+0.519%$18K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04582+0.431%$24K$229K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04562−0.007%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04559−0.073%$2K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04560−0.054%$131K$829K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04562−0.002%$33xas long as short
Phoenix MEGA+0.0173%1h0.04588+0.563%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04561−0.038%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0683%1h0.04565+0.059%$18K$46K5xas long as short
Lighter MEGA+0.1280%1h0.04582+0.431%$647K$330K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1701%1h0.04571+0.201%$111$1525xas long as short
Hyperliquid MEGA+0.1820%1h0.04573+0.245%$7.9M$2.5M3xas long as short