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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Bitget+0.154%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$980.984% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.154%, 7d avg +0.034%
Together, before fees−0.033%−$3 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: ApeX Omni is 0.120% dearer against Bitget than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MEGAUSDT0.045310.0100pay 0.0050% / 4h1h 08m$1.0M$1.5M50x
ShortApeX Omni MEGAUSDT0.045380.0100get 0.0013% / 1h8m 58s$23K$228K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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: +0.154% → +0.034%
$12.03
Slippage, 4 orders
−$76.35
Fee Bitget: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$86.32
Costs to cover
0.984%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; ApeX Omni: live order book, 32 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago7.71 bp30.2 bp −$30172.7 bp −$1,727doesn't fitdoesn't fit
Sell ApeX Omni live order book, 32 min ago11.09 bp18.9 bp −$19133.4 bp −$1,334doesn'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
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04538+0.147%$1K150xas long as short
Nado MEGA-PERP+0.0056%1h0.04539+0.177%$195K$141K2xas long as short
Lighter MEGA+0.0096%1h0.04555+0.530%$608K$382K3xas long as short
Aster MEGAUSDT+0.0100%4h0.04535+0.083%$20K$96K5xas long as short
Pacifica MEGA+0.0100%1h0.04538+0.159%$14K$10K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04534+0.073%$4.0M$13.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04530−0.022%$3.5M$5.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04529−0.044%$917K$3.2M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04520−0.243%$133K$11110xas long as short
Gate MEGA_USDT+0.0100%4h0.04538+0.154%$205K$327K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MEGA_USDT+0.0100%4h0.04539+0.177%$772K$410K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04539+0.177%$227K$120K50xas long as short
Bitget MEGAUSDTlong+0.0100%4h0.04531long leg$1.0M$1.5M50x
BingX MEGA-USDT+0.0100%4h0.04535+0.088%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04534+0.070%$319K$227Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04540+0.200%$25K$1.9M10xas long as short
ApeX Omni MEGAUSDTshort+0.0100%1h0.04538+0.154%$23K$228K50x
Orderly PERP_MEGA_USDC+0.0100%4h0.04539+0.177%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04536+0.110%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04538+0.148%$128K$410K5xas long as short
BloFin MEGA-USDT+0.0127%4h0.04534+0.066%$200K$94K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04538+0.160%$33xas long as short
Phoenix MEGA+0.0176%1h0.04520−0.243%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04537+0.124%$3K45xas long as short
Hyperliquid MEGA+0.0298%1h0.04543+0.269%$7.8M$2.6M3xas long as short
Backpack MEGA_USDC_PERP+0.0446%1h0.04540+0.199%$18K$55K5xas long as short
Coinbase International MEGA-PERP-INTX+0.0872%1h0.04589+1.291%$5K$12K50xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0918%1h0.04545+0.302%$110$1525xas long as short