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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0034%/8h= +3.7% APRpaid last 24h −0.001%
Price spread now: Extended against BloFin+0.015%7-day average −0.144% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1561.565% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 4 days (all we have)−3.903%−$390 · spread now +0.015%, 7d avg −0.144%
Together, before fees−3.884%+ Points / potential airdropExtended: Active · farm board−$388 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.159% dearer against BloFin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.144%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MEGA-USDT0.045860.0070pay 0.0035% / 4h4m 24s$203K$95K50x
ShortExtended MEGA-USD0.045870.0104get 0.0013% / 1h4m 24s$129K$821K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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
$7.1
Price spread: +0.015% → −0.144%
$15.91
Slippage, 4 orders
−$139.46
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$133.46
Costs to cover
1.565%
Break-even
138.6 days
Slippage from BloFin: live order book, 26 min ago; Extended: live order book, 54 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 BloFin live order book, 26 min ago2.16 bp26.7 bp −$2786.7 bp −$867doesn't fitdoesn't fit
Sell Extended live order book, 54 min ago4.40 bp50.6 bp −$51290.1 bp −$2,901doesn'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−0.0744%1h0.04589+0.076%$5K$13K50xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04597+0.234%$1K150xas long as short
BloFin MEGA-USDTlong+0.0070%4h0.04586long leg$203K$95K50x
Nado MEGA-PERP+0.0079%1h0.04593+0.164%$198K$144K2xas long as short
Aster MEGAUSDT+0.0100%4h0.04584−0.049%$19K$90K5xas long as short
Pacifica MEGA+0.0100%1h0.04587+0.020%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04591+0.110%$4.1M$13.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04589+0.065%$3.5M$5.7M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04591+0.109%$938K$3.2M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04590+0.087%$136K$11110xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04588+0.044%$200K$323K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04595+0.196%$807K$377K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04589+0.065%$234K$118K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04593+0.153%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04587+0.022%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04590+0.081%$324K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04603+0.372%$26K$1.8M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04602+0.349%$24K$230K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04585−0.022%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04585−0.022%$2K$1.9M10xas long as short
Extended MEGA-USDshort+0.0104%1h0.04587+0.015%$129K$821K5x
Hyperliquid MEGA+0.0153%1h0.04602+0.345%$7.9M$2.6M3xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04593+0.147%$33xas long as short
Phoenix MEGA+0.0176%1h0.04597+0.240%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0238% / S −0.5353%1h0.04586+0.009%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0433%1h0.04589+0.065%$18K$53K5xas long as short
Lighter MEGA+0.0608%1h0.04610+0.523%$652K$342K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0775%1h0.04591+0.113%$111$1525xas long as short