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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against BingX−0.266%7-day average +0.107% · you buy dearer than you sell
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 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)+1.743%+$174 · spread now −0.266%, 7d avg +0.107%
Together, before fees+1.743%+$174 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: SunX is 0.372% cheaper against BingX than usual: you would sell low and buy high, −$37 on $10k if it goes back to its 7-day average of +0.107%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MEGA-USDT0.045160.0100pay 0.0050% / 4h3h 43m$1.7M
ShortSunX MEGA-USDT0.045040.0100get 0.0050% / 4h3h 43m$2K$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.266% → +0.107%
−$37.24
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$55.24
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 9 min ago; SunX: live order book, 12 min ago. 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, 9 min ago15.51 bp26.8 bp −$2790.4 bp −$904922.2 bp −$92.2K1385.1 bp −$692.6K
Sell SunX live order book, 12 min ago501.27 bpdoesn't fitdoesn't fitdoesn'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−0.0048%1h0.04490−0.567%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04499−0.372%$12K150xas long as short
Phoenix MEGA0.0000%1h0.04522+0.133%$21K$7K5xas long as short
Nado MEGA-PERP+0.0077%1h0.04504−0.266%$196K$136K2xas long as short
Aster MEGAUSDT+0.0100%4h0.04506−0.213%$20K$86K5xas long as short
Pacifica MEGA+0.0100%1h0.04506−0.217%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04515−0.018%$3.9M$13.1M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04518+0.044%$3.5M$5.2M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.045160.000%$919K$3.0M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04510−0.133%$133K$4K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04505−0.244%$197K$312K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.045160.000%$837K$359K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04513−0.066%$237K$115K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04512−0.089%$1.1M$1.5M50xas long as short
BingX MEGA-USDTlong+0.0100%4h0.04516long leg$1.7M
Backpack MEGA_USDC_PERP+0.0100%1h0.04504−0.266%$18K$41K5xas long as short
Variational Omni MEGA+0.0100%4h0.04503−0.292%$317K$227Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04508−0.169%$28K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04503−0.288%$25K$231K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04500−0.354%$3K$2K10xas long as short
SunX MEGA-USDTshort+0.0100%4h0.04504−0.266%$2K$1.9M10x
Extended MEGA-USD+0.0104%1h0.04512−0.087%$126K$739K5xas long as short
BloFin MEGA-USDT+0.0153%4h0.04503−0.288%$196K$76K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04499−0.369%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0236% / S −0.5353%1h0.04499−0.368%$3K45xas long as short
Lighter MEGA+0.0784%1h0.04523+0.155%$636K$320K3xas long as short
Hyperliquid MEGA+0.0913%1h0.04514−0.053%$7.7M$2.4M3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.2593%1h0.04514−0.035%$109$1525xas long as short