MEGA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h +0.005%

Price spread now: BloFin against Bitget+0.044%7-day average +0.094% · you sell dearer than you buy

Net, funding: paid 7d − costs−$106as in the Funding arb table

Net, price: spread back to 7d avg − costs−$108as in the Price arb table

costs, in and out, $10k−$1031.028% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.028%−$3 on $10k

Price spread, last 4 days (all we have)+1.884%+$188 · spread now +0.044%, 7d avg +0.094%

Together, before fees+1.856%+$186 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.049% cheaper against Bitget than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.094%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MEGAUSDT	0.04535	0.0100	pay 0.0050% / 4h	2h 01m	$1.0M	$1.5M	50x
Short	BloFin MEGA-USDT	0.04537	0.0078	get 0.0039% / 4h	2h 01m	$200K	$94K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee BitgetbpFee BloFinbpOrdersPrice spread, now +0.044%Rate

Funding earned: −$4.62
Price spread: +0.044% → +0.094%: −$4.94
Slippage, 4 orders: −$78.8
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$112.37
Costs to cover: 1.028%
Break-even: never at this rate

Slippage from Bitget: live order book, 6 min ago; BloFin: live order book, 15 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 Bitget live order book, 6 min ago	7.71 bp	28.5 bp −$28	181.1 bp −$1,811	doesn't fit	doesn't fit
Sell BloFin live order book, 15 min ago	7.71 bp	26.5 bp −$27	81.7 bp −$817	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	0.04589	+1.202%	$5K	$12K	50x	as long as short
Bybit MEGAUSDT	−0.0020%	4h	0.04534	−0.022%	$3.4M	$5.9M	20x	as long as short
gTrade (Gains Network) MEGA/USD	L +0.0001% / S +0.0023%	1h	0.04534	−0.031%	$1K	—	150x	as long as short
Nado MEGA-PERP	+0.0059%	1h	0.04532	−0.055%	$195K	$142K	2x	as long as short
BloFin MEGA-USDTshort	+0.0078%	4h	0.04537	+0.044%	$200K	$94K	50x
Aster MEGAUSDT	+0.0100%	4h	0.04535	−0.007%	$20K	$96K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	0.04537	+0.049%	$14K	$10K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04536	+0.016%	$4.0M	$13.8M	50x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04530	−0.110%	$917K	$3.2M	20x	as long as short
Bulk MEGA-USD	+0.0100%	1h	0.04535	0.000%	$134K	$111	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate MEGA_USDT	+0.0100%	4h	0.04534	−0.022%	$205K	$334K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	0.04536	+0.022%	$796K	$409K	50x	as long as short
KuCoin MEGAUSDTM	+0.0100%	4h	0.04535	0.000%	$227K	$120K	50x	as long as short
Bitget MEGAUSDTlong	+0.0100%	4h	0.04535	long leg	$1.0M	$1.5M	50x
BingX MEGA-USDT	+0.0100%	4h	0.04536	+0.022%	—	$1.7M	—	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04536	+0.027%	$320K	$226K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04540	+0.104%	$30K	$1.9M	10x	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	0.04536	+0.022%	$23K	$228K	50x	as long as short
Orderly PERP_MEGA_USDC	+0.0100%	4h	0.04535	0.000%	$3K	$2K	10x	as long as short
SunX MEGA-USDT	+0.0100%	4h	0.04533	−0.044%	$2K	$1.9M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04533	−0.042%	$127K	$410K	5x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	0.04534	−0.028%	$3	—	3x	as long as short
Phoenix MEGA	+0.0177%	1h	0.04540	+0.110%	$21K	$7K	5x	as long as short
GMX MEGA/USD [ETH-USDC]	L +0.0237% / S −0.5353%	1h	0.04533	−0.049%	$3K	—	45x	as long as short
Backpack MEGA_USDC_PERP	+0.0281%	1h	0.04538	+0.066%	$18K	$56K	5x	as long as short
Hyperliquid MEGA	+0.0351%	1h	0.04542	+0.163%	$7.8M	$2.6M	3x	as long as short
Lighter MEGA	+0.0384%	1h	0.04556	+0.463%	$616K	$374K	3x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.1073%	1h	0.04541	+0.139%	$110	$15	25x	as long as short