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% APRpaid last 24h 0.000%
Price spread now: Bulk against BingX+0.396%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1441.439% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.443%−$44 · spread now +0.396%, 7d avg +0.072%
Together, before fees−0.443%−$44 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: Bulk is 0.324% dearer against BingX than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of +0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MEGA-USDT0.045420.0100pay 0.0050% / 4h57m 45s$1.7M
ShortBulk MEGA-USD0.045600.0100get 0.0013% / 1h57m 45s$135K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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: +0.396% → +0.072%
$32.42
Slippage, 4 orders
−$126.93
Fee BingX: 5 bp × 2 orders
−$10
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$111.51
Costs to cover
1.439%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; Bulk: live order book, 1 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, 4 min ago16.51 bp37.2 bp −$37100.9 bp −$1,009886.7 bp −$88.7K1310.9 bp −$655.5K
Sell Bulk live order book, 1 min ago10.98 bp43.7 bp −$44122.0 bp −$1,220doesn'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−0.0744%1h0.04490−1.136%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04551+0.200%$1K150xas long as short
Nado MEGA-PERP+0.0043%1h0.04552+0.231%$198K$142K2xas long as short
BloFin MEGA-USDT+0.0051%4h0.04548+0.132%$203K$94K50xas long as short
Aster MEGAUSDT+0.0100%4h0.04547+0.119%$18K$89K5xas long as short
Pacifica MEGA+0.0100%1h0.04545+0.068%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04543+0.019%$4.0M$13.6M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04540−0.044%$3.5M$5.6M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04539−0.066%$931K$3.1M20xas long as short
Bulk MEGA-USDshort+0.0100%1h0.04560+0.396%$135K$4K10x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04548+0.132%$197K$319K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04543+0.022%$826K$365K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04548+0.132%$228K$117K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04546+0.088%$1.1M$1.5M50xas long as short
BingX MEGA-USDTlong+0.0100%4h0.04542long leg$1.7M
Backpack MEGA_USDC_PERP+0.0100%1h0.04552+0.220%$18K$47K5xas long as short
Variational Omni MEGA+0.0100%4h0.04541−0.020%$321K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04548+0.125%$24K$1.8M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04545+0.066%$24K$232K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04549+0.154%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04552+0.220%$2K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04541−0.023%$127K$823K5xas long as short
Hyperliquid MEGA+0.0124%1h0.04553+0.253%$7.9M$2.6M3xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04549+0.150%$33xas long as short
Phoenix MEGA+0.0175%1h0.04545+0.066%$21K$6K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04550+0.170%$3K45xas long as short
Lighter MEGA+0.0376%1h0.04568+0.572%$646K$335K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1794%1h0.04559+0.385%$110$1525xas long as short