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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0973%/8h= +106.5% APRpaid last 24h +0.350%
Price spread now: Deribit against BingX+0.161%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Deribit is 0.161% dearer against BingX than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MEGA-USDT0.045340.0100pay 0.0050% / 4h2h 00m$1.7M
ShortDeribit MEGA_USDC-PERPETUAL0.045410.1073get 0.0134% / 1h0m 47s$110$1525x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$204.32
Price spread: +0.161% → 0.000%
$16.1
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$203.42
Costs to cover
0.170%
Break-even
0.0 days
Slippage unknown: BingX: live order book, 17 min ago; Deribit: no order-book sample. 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 BingX live order book, 17 min ago16.54 bp36.3 bp −$36102.3 bp −$1,023879.1 bp −$87.9Kdoesn't fit
Sell Deribit no order-book sample
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0048%1h0.04589+1.224%$5K$12K50xas long as short
Bybit MEGAUSDT−0.0020%4h0.04532−0.044%$3.4M$5.9M20xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04534−0.009%$1K150xas long as short
Nado MEGA-PERP+0.0059%1h0.04532−0.033%$195K$142K2xas long as short
BloFin MEGA-USDT+0.0078%4h0.04537+0.066%$200K$94K50xas long as short
Aster MEGAUSDT+0.0100%4h0.04535+0.015%$20K$96K5xas long as short
Pacifica MEGA+0.0100%1h0.04537+0.071%$14K$10K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04536+0.045%$4.0M$13.8M50xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04532−0.044%$917K$3.2M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04535+0.022%$134K$11110xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.045340.000%$205K$334K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04536+0.044%$796K$409K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04535+0.022%$227K$120K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.045340.000%$1.0M$1.5M50xas long as short
BingX MEGA-USDTlong+0.0100%4h0.04534long leg$1.7M
Variational Omni MEGA+0.0100%4h0.04533−0.030%$319K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04540+0.126%$30K$1.9M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04536+0.044%$23K$228K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04535+0.022%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04533−0.022%$2K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04533−0.019%$127K$410K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04534−0.006%$33xas long as short
Phoenix MEGA+0.0177%1h0.04540+0.132%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04533−0.026%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0281%1h0.04538+0.088%$18K$56K5xas long as short
Hyperliquid MEGA+0.0352%1h0.04542+0.181%$7.8M$2.6M3xas long as short
Lighter MEGA+0.0384%1h0.04556+0.485%$616K$374K3xas long as short
Deribit MEGA_USDC-PERPETUALshort+0.1073%1h0.04541+0.161%$110$1525x