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: BingX against Bitget0.000%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1371.369% 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)−0.036%−$4 · spread now 0.000%, 7d avg −0.042%
Together, before fees−0.036%−$4 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: BingX is 0.042% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MEGAUSDT0.045360.0100pay 0.0050% / 4h2h 52m$1.1M$1.5M50x
ShortBingX MEGA-USDT0.045360.0100get 0.0050% / 4h2h 52m$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: 0.000% → −0.042%
$4.19
Slippage, 4 orders
−$114.86
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$132.67
Costs to cover
1.369%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; BingX: live order book, 10 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, 4 min ago6.55 bp27.9 bp −$28179.0 bp −$1,790doesn't fitdoesn't fit
Sell BingX live order book, 10 min ago16.30 bp35.7 bp −$3698.5 bp −$985756.3 bp −$75.6K1342.8 bp −$671.4K

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
ApeX Omni MEGAUSDT−0.0848%1h0.04584+1.058%$25K$231K50xas long as short
Coinbase International MEGA-PERP-INTX−0.0432%1h0.04490−1.005%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04533−0.068%$12K150xas long as short
BloFin MEGA-USDT+0.0077%4h0.04554+0.397%$202K$89K50xas long as short
Nado MEGA-PERP+0.0086%1h0.04542+0.132%$196K$140K2xas long as short
Aster MEGAUSDT+0.0100%4h0.04540+0.097%$17K$90K5xas long as short
Pacifica MEGA+0.0100%1h0.04544+0.174%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04538+0.038%$4.0M$13.5M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04535−0.022%$3.5M$5.4M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04535−0.022%$930K$3.1M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04537+0.022%$201K$318K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04541+0.110%$842K$359K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04541+0.110%$237K$117K50xas long as short
Bitget MEGAUSDTlong+0.0100%4h0.04536long leg$1.1M$1.5M50x
BingX MEGA-USDTshort+0.0100%4h0.045360.000%$1.7M
Backpack MEGA_USDC_PERP+0.0100%1h0.04556+0.441%$18K$43K5xas long as short
Variational Omni MEGA+0.0100%4h0.04575+0.866%$323K$227Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04571+0.775%$28K$1.7M10xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04534−0.044%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04541+0.110%$1K$1.9M10xas long as short
Bulk MEGA-USD+0.0100%1h0.04600+1.408%$136K$4K10xas long as short
Extended MEGA-USD+0.0104%1h0.04535−0.025%$127K$824K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04539+0.073%$33xas long as short
Phoenix MEGA+0.0173%1h0.04575+0.860%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04534−0.049%$3K45xas long as short
Lighter MEGA+0.1192%1h0.04563+0.595%$642K$324K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.2198%1h0.04546+0.227%$110$1525xas long as short
Hyperliquid MEGA+0.2314%1h0.04553+0.377%$7.9M$2.5M3xas long as short