Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Orderly against BingX−0.043%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.043% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MEGA-USDT | 0.04601 | 0.0100 | pay 0.0050% / 4h | 3h 23m | — | $1.7M | — |
| Short | Orderly PERP_MEGA_USDC | 0.04599 | 0.0100 | get 0.0050% / 4h | 3h 23m | $3K | $2K | 10x |
BingX MEGA-USDT
Orderly PERP_MEGA_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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: −0.043% → 0.000%
- −$4.35
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$20.35
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 9 min ago; Orderly: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 9 min ago | 16.43 bp | 39.6 bp −$40 | 105.8 bp −$1,058 | 1014.3 bp −$101.4K | 1453.2 bp −$726.6K |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MEGAUSDT | −0.0286% | 4h | 0.04601 | 0.000% | $3.5M | $5.8M | 20x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04577 | −0.522% | $21K | $7K | 5x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04602 | +0.018% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0052% | 1h | 0.04592 | −0.185% | $198K | $140K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0061% | 4h | 0.04568 | −0.717% | $203K | $95K | 50x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04587 | −0.302% | $20K | $96K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04594 | −0.161% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04600 | −0.030% | $4.0M | $13.7M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04599 | −0.043% | $925K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04570 | −0.674% | $135K | −$0 | 10x | as long as short |
Bybit MEGAUSDT
Phoenix MEGA
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
BloFin MEGA-USDT
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.0100% | 4h | 0.04597 | −0.087% | $207K | $332K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04600 | −0.022% | $760K | $404K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04599 | −0.043% | $244K | $124K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04601 | 0.000% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDTlong | +0.0100% | 4h | 0.04601 | long leg | — | $1.7M | — | |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04604 | +0.065% | $17K | $55K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04567 | −0.747% | $321K | $224K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04576 | −0.544% | $28K | $2.0M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04576 | −0.543% | $24K | $226K | 50x | as long as short |
| Orderly PERP_MEGA_USDCshort | +0.0100% | 4h | 0.04599 | −0.043% | $3K | $2K | 10x | |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04590 | −0.239% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04598 | −0.060% | $128K | $802K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04598 | −0.060% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0238% / S −0.5353% | 1h | 0.04601 | +0.004% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.0318% | 1h | 0.04607 | +0.137% | $8.0M | $2.6M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0728% | 1h | 0.04606 | +0.106% | $111 | $15 | 25x | as long as short |
| Lighter MEGA | +0.0904% | 1h | 0.04621 | +0.435% | $617K | $387K | 3x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.1296% | 1h | 0.04589 | −0.250% | $5K | $12K | 50x | as long as short |
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL
Lighter MEGA
Coinbase International MEGA-PERP-INTX