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: Gate against BingX−0.044%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$534as in the Funding arb table
Net, price: spread back to 7d avg − costs−$538as in the Price arb table
costs, in and out, $10k−$5315.314% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.044%, 7d avg +0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.069% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MEGA-USDT | 0.04543 | 0.0100 | pay 0.0050% / 4h | 2h 52m | — | $1.7M | — |
| Short | Gate MEGA_USDT | 0.04541 | 0.0100 | get 0.0050% / 4h | 2h 52m | $201K | $318K | 20x |
BingX MEGA-USDT
Gate MEGA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.044% → +0.025%
- −$6.88
- Slippage, 4 orders
- −$506.39
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$538.27
- Costs to cover
- 5.314%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Gate: live order book, 9 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 9 min ago | 16.30 bp | 44.8 bp −$45 | 105.3 bp −$1,053 | 756.7 bp −$75.7K | doesn't fit |
| Sell Gate live order book, 9 min ago | 7.61 bp | 254.0 bp −$254 | doesn't fit | doesn't fit | doesn't fit |
MEGA on 28 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni MEGAUSDT | −0.0848% | 1h | 0.04584 | +0.902% | $25K | $231K | 50x | as long as short |
| Coinbase International MEGA-PERP-INTX | −0.0432% | 1h | 0.04490 | −1.158% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04550 | +0.151% | $12K | — | 150x | as long as short |
| BloFin MEGA-USDT | +0.0077% | 4h | 0.04554 | +0.242% | $202K | $89K | 50x | as long as short |
| Nado MEGA-PERP | +0.0079% | 1h | 0.04551 | +0.176% | $197K | $140K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04549 | +0.143% | $17K | $90K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04543 | −0.004% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04545 | +0.044% | $4.0M | $13.5M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04542 | −0.022% | $3.5M | $5.4M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04541 | −0.044% | $931K | $3.1M | 20x | as long as short |
ApeX Omni MEGAUSDT
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
BloFin MEGA-USDT
Nado MEGA-PERP
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDTshort | +0.0100% | 4h | 0.04541 | −0.044% | $201K | $318K | 20x | |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04548 | +0.110% | $843K | $359K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04548 | +0.110% | $237K | $116K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04543 | 0.000% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDTlong | +0.0100% | 4h | 0.04543 | long leg | — | $1.7M | — | |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04556 | +0.286% | $18K | $43K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04575 | +0.711% | $323K | $227K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04571 | +0.620% | $28K | $1.7M | 10x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04549 | +0.132% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04554 | +0.242% | $1K | $1.9M | 10x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04600 | +1.252% | $136K | $4K | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04546 | +0.063% | $127K | $824K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04552 | +0.194% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0173% | 1h | 0.04575 | +0.704% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04549 | +0.125% | $3K | — | 45x | as long as short |
| Lighter MEGA | +0.1120% | 1h | 0.04572 | +0.638% | $643K | $324K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.2344% | 1h | 0.04562 | +0.407% | $110 | $15 | 25x | as long as short |
| Hyperliquid MEGA | +0.2372% | 1h | 0.04567 | +0.526% | $7.9M | $2.5M | 3x | as long as short |
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
GRVT MEGA_USDT_Perp
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Bulk MEGA-USD
Extended MEGA-USD
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL
Hyperliquid MEGA