MEGA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h +0.002%

Price spread now: KuCoin against BloFin−0.022%65s7-day average −0.095% · you buy dearer than you sell

Net, funding: paid 7d − costs−$550as 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−$5555.550% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 3 days (all we have)−2.563%−$256 · spread now −0.022%, 7d avg −0.095%

Together, before fees−2.513%−$251 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.073% dearer against BloFin than usual: you sell high and buy low (spread −0.022% now, against its 7-day average of −0.095%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 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 65 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	0.04512	0.0120	pay 0.0060% / 4h	54m 09s	$195K	$77K	50x
Short	KuCoin MEGAUSDTM	0.04511	0.0100	get 0.0050% / 4h	54m 09s	$238K	$113K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BloFinbpFee KuCoinbpOrdersPrice spread, now −0.022%Rate

Funding earned: −$4.2
Price spread: −0.022% → −0.095%: $7.33
Slippage, 4 orders: −$530.96
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$551.83
Costs to cover: 5.550%
Break-even: never at this rate

Slippage from BloFin: live order book, 16 min ago; KuCoin: live order book, 6 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, 16 min ago	3.35 bp	17.2 bp −$17	70.1 bp −$701	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	12.20 bp	260.6 bp −$261	doesn't fit	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
gTrade (Gains Network) MEGA/USD	L −0.0018% / S +0.0023%	1h	0.04506	−0.129%	$12K	—	150x	as long as short
Orderly PERP_MEGA_USDC	+0.0099%	4h	0.04506	−0.133%	$3K	$2K	10x	as long as short
Aster MEGAUSDT	+0.0100%	4h	0.04508	−0.089%	$18K	$82K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	0.04511	−0.020%	$14K	$8K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04509	−0.066%	$3.9M	$12.9M	50x	as long as short
Bybit MEGAUSDT	+0.0100%	4h	0.04506	−0.133%	$3.5M	$4.9M	20x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04506	−0.133%	$916K	$2.9M	20x	as long as short
Bulk MEGA-USD	+0.0100%	1h	0.04500	−0.266%	$133K	$5K	10x	as long as short
Gate MEGA_USDT	+0.0100%	4h	0.04508	−0.089%	$193K	$309K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	0.04511	−0.022%	$775K	$348K	50x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MEGAUSDTMshort	+0.0100%	4h	0.04511	−0.022%	$238K	$113K	50x
Bitget MEGAUSDT	+0.0100%	4h	0.04512	0.000%	$1.1M	$1.4M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04508	−0.089%	—	$1.7M	—	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04507	−0.113%	$226K	$133K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04511	−0.025%	$27K	$1.7M	10x	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	0.04508	−0.089%	$25K	$230K	50x	as long as short
SunX MEGA-USDT	+0.0100%	4h	0.04510	−0.044%	$2K	$1.9M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04507	−0.118%	$128K	$613K	5x	as long as short
BloFin MEGA-USDTlong	+0.0120%	4h	0.04512	long leg	$195K	$77K	50x
Nado MEGA-PERP	+0.0129%	1h	0.04509	−0.078%	$195K	$136K	2x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	0.04508	−0.090%	$3	—	3x	as long as short
Phoenix MEGA	+0.0179%	1h	0.04509	−0.066%	$21K	$7K	5x	as long as short
GMX MEGA/USD [ETH-USDC]	L +0.0236% / S −0.5353%	1h	0.04506	−0.133%	$3K	—	45x	as long as short
Coinbase International MEGA-PERP-INTX	+0.0296%	1h	0.04490	−0.479%	$5K	$12K	50x	as long as short
Hyperliquid MEGA	+0.0775%	1h	0.04521	+0.197%	$7.7M	$2.3M	3x	as long as short
Backpack MEGA_USDC_PERP	+0.0884%	1h	0.04511	−0.022%	$18K	$41K	5x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.1148%	1h	0.04513	+0.024%	$109	$15	25x	as long as short
Lighter MEGA	+0.1368%	1h	0.04529	+0.377%	$637K	$319K	3x	as long as short