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: OKX against BingX−0.044%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1191.186% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days+0.025%+$2 · spread now −0.044%, 7d avg −0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.034% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MEGA-USDT | 0.04562 | 0.0100 | pay 0.0050% / 4h | 3h 20m | — | $1.7M | — |
| Short | OKX MEGA-USDT-SWAP | 0.04560 | 0.0100 | get 0.0050% / 4h | 3h 20m | $930K | $3.0M | 20x |
BingX MEGA-USDT
OKX MEGA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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% → −0.009%
- −$3.44
- Slippage, 4 orders
- −$98.59
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$122.02
- Costs to cover
- 1.186%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; OKX: live order book, 1 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, 11 min ago | 16.49 bp | 28.3 bp −$28 | 94.6 bp −$946 | 834.9 bp −$83.5K | 1249.8 bp −$624.9K |
| Sell OKX live order book, 1 min ago | 2.19 bp | 30.2 bp −$30 | 135.6 bp −$1,356 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MEGA-PERP-INTX | −0.0048% | 1h | 0.04490 | −1.569% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04566 | +0.089% | $12K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04575 | +0.285% | $21K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0041% | 1h | 0.04563 | +0.033% | $197K | $137K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04562 | −0.010% | $20K | $87K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04570 | +0.171% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04564 | +0.045% | $4.0M | $13.2M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04562 | 0.000% | $3.5M | $5.3M | 20x | as long as short |
| OKX MEGA-USDT-SWAPshort | +0.0100% | 4h | 0.04560 | −0.044% | $930K | $3.0M | 20x | |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04559 | −0.066% | $199K | $313K | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Nado MEGA-PERP
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
Gate MEGA_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04563 | +0.022% | $844K | $360K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04563 | +0.022% | $240K | $116K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04562 | 0.000% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDTlong | +0.0100% | 4h | 0.04562 | long leg | — | $1.7M | — | |
| Variational Omni MEGA | +0.0100% | 4h | 0.04564 | +0.038% | $322K | $227K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04567 | +0.110% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04570 | +0.175% | $25K | $230K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04565 | +0.066% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04566 | +0.088% | $2K | $1.9M | 10x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04540 | −0.479% | $134K | $4K | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04562 | −0.001% | $132K | $819K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0128% | 4h | 0.04569 | +0.153% | $198K | $78K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04561 | −0.015% | $3 | — | 3x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0207% | 1h | 0.04563 | +0.022% | $18K | $41K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04566 | +0.079% | $3K | — | 45x | as long as short |
| Lighter MEGA | +0.0912% | 1h | 0.04589 | +0.592% | $645K | $325K | 3x | as long as short |
| Hyperliquid MEGA | +0.1050% | 1h | 0.04574 | +0.261% | $7.8M | $2.4M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1721% | 1h | 0.04575 | +0.285% | $111 | $15 | 25x | as long as short |
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Bulk MEGA-USD
Extended MEGA-USD
BloFin MEGA-USDT
Reya MEGARUSDPERP
Backpack MEGA_USDC_PERP
GMX MEGA/USD [ETH-USDC]
Lighter MEGA
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL