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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
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: Binance against BingX+0.043%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1221.216% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.037%−$4 on $10k
Price spread, last 7 days−0.062%−$6 · spread now +0.043%, 7d avg +0.024%
Together, before fees−0.099%−$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MEGA-USDT0.044680.0100pay 0.0050% / 4h1h 57m$1.7M
ShortBinance MEGAUSDT0.044700.0100get 0.0050% / 4h1h 57m$4.0M$12.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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: +0.043% → +0.024%
$1.85
Slippage, 4 orders
−$101.63
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$119.79
Costs to cover
1.216%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; Binance: live order book, 13 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 BingX live order book, 5 min ago15.64 bp39.6 bp −$40100.4 bp −$1,004828.4 bp −$82.8K1342.5 bp −$671.2K
Sell Binance live order book, 13 min ago1.12 bp26.6 bp −$27115.6 bp −$1,156doesn'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
Coinbase International MEGA-PERP-INTX−0.0144%1h0.04490+0.501%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04468+0.004%$12K150xas long as short
Phoenix MEGA0.0000%1h0.04474+0.134%$20K$7K5xas long as short
Nado MEGA-PERP+0.0024%1h0.04469+0.034%$193K$150K2xas long as short
Orderly PERP_MEGA_USDC+0.0098%4h0.04469+0.022%$3K$2K10xas long as short
Aster MEGAUSDT+0.0100%4h0.04469+0.013%$20K$80K5xas long as short
Pacifica MEGA+0.0100%1h0.04472+0.090%$14K$9K3xas long as short
Binance MEGAUSDTshort+0.0100%4h0.04470+0.043%$4.0M$12.7M50x
Bybit MEGAUSDT+0.0100%4h0.044680.000%$3.4M$4.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04470+0.045%$915K$2.9M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk MEGA-USD+0.0100%1h0.04471+0.074%$132K$5K10xas long as short
Gate MEGA_USDT+0.0100%4h0.044680.000%$191K$309K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04469+0.022%$764K$345K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04472+0.090%$236K$112K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04471+0.067%$1.1M$1.4M50xas long as short
BingX MEGA-USDTlong+0.0100%4h0.04468long leg$1.7M
Variational Omni MEGA+0.0100%4h0.04472+0.097%$238K$109Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04476+0.176%$21K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04475+0.157%$24K$230K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04470+0.045%$1K$1.9M10xas long as short
BloFin MEGA-USDT+0.0102%4h0.04472+0.090%$197K$76K50xas long as short
Extended MEGA-USD+0.0104%1h0.04470+0.041%$127K$613K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04470+0.049%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0236% / S −0.5353%1h0.04467−0.016%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0590%1h0.04473+0.112%$18K$41K5xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1003%1h0.04475+0.145%$108$1525xas long as short
Hyperliquid MEGA+0.1479%1h0.04481+0.300%$7.6M$2.4M3xas long as short
Lighter MEGA+0.1488%1h0.04490+0.492%$621K$310K3xas long as short