Funding you earn now, next payment 00:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.27 per $10,000 · paid last 24h +0.002%
Price spread now: Bitget against BloFin+0.067%75s7-day average −0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$950.946% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 3 days (all we have)−3.934%−$393 · spread now +0.067%, 7d avg −0.111%
=The price spread pays, funding is against you. Bitget is 0.178% dearer against BloFin than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of −0.111%): +$18 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 11 days. Mind the row above: over the last 7 days funding on this pair paid +0.051%, so the current rate has only just turned against you. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MEGA-USDT | 0.04485 | 0.0153 | pay 0.0077% / 4h | 2h 18m | $196K | $76K | 50x |
| Short | Bitget MEGAUSDT | 0.04488 | 0.0100 | get 0.0050% / 4h | 2h 18m | $1.1M | $1.4M | 50x |
BloFin MEGA-USDT
Bitget MEGAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- −$11.16
- Price spread: +0.067% → −0.111%
- $17.79
- Slippage, 4 orders
- −$70.63
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$88
- Costs to cover
- 0.946%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 64 min ago; Bitget: live order book, 3 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 BloFin live order book, 64 min ago | 3.36 bp | 17.1 bp −$17 | 55.8 bp −$558 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 4.45 bp | 28.5 bp −$29 | 123.6 bp −$1,236 | 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 | −0.0288% | 1h | 0.04490 | +0.120% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04487 | +0.045% | $12K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04499 | +0.312% | $21K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0051% | 1h | 0.04487 | +0.056% | $194K | $150K | 2x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0098% | 4h | 0.04487 | +0.045% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04488 | +0.078% | $20K | $80K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04491 | +0.127% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04488 | +0.060% | $4.0M | $12.7M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04485 | 0.000% | $3.5M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04486 | +0.022% | $919K | $2.9M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Nado MEGA-PERP
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | +0.0100% | 1h | 0.04500 | +0.324% | $133K | $5K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04487 | +0.045% | $191K | $311K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04488 | +0.067% | $774K | $355K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04492 | +0.156% | $237K | $112K | 50x | as long as short |
| Bitget MEGAUSDTshort | +0.0100% | 4h | 0.04488 | +0.067% | $1.1M | $1.4M | 50x | |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04486 | +0.022% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04493 | +0.184% | $239K | $109K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04490 | +0.112% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04493 | +0.178% | $25K | $229K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04489 | +0.089% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04488 | +0.077% | $127K | $613K | 5x | as long as short |
| BloFin MEGA-USDTlong | +0.0153% | 4h | 0.04485 | long leg | $196K | $76K | 50x | |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04488 | +0.075% | $3 | — | 3x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0174% | 1h | 0.04491 | +0.134% | $18K | $41K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04487 | +0.045% | $3K | — | 45x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0864% | 1h | 0.04493 | +0.187% | $109 | $15 | 25x | as long as short |
| Hyperliquid MEGA | +0.1227% | 1h | 0.04500 | +0.337% | $7.6M | $2.4M | 3x | as long as short |
| Lighter MEGA | +0.2792% | 1h | 0.04509 | +0.535% | $624K | $327K | 3x | as long as short |
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
Backpack MEGA_USDC_PERP
GMX MEGA/USD [ETH-USDC]
Deribit MEGA_USDC-PERPETUAL
Hyperliquid MEGA
Lighter MEGA