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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0055%/8h= −6.0% APRpaid last 24h +0.002%
Price spread now: Pacifica against BloFin−0.176%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Pacifica is 0.176% cheaper against BloFin than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MEGA-USDT0.044910.0155pay 0.0077% / 4h2h 16m$197K$77K50x
ShortPacifica MEGA0.044830.0100get 0.0013% / 1h16m 33s$14K$9K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$11.54
Price spread: −0.176% → 0.000%
−$17.59
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$49.13
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 66 min ago; Pacifica: no order-book sample. Net counts fees only.

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, 66 min ago3.36 bp17.1 bp −$1755.8 bp −$558doesn't fitdoesn't fit
Sell Pacifica no order-book sample
Pacifica: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0288%1h0.04490−0.013%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04484−0.146%$12K150xas long as short
Phoenix MEGA0.0000%1h0.04497+0.134%$21K$7K5xas long as short
Nado MEGA-PERP+0.0050%1h0.04480−0.245%$193K$150K2xas long as short
Orderly PERP_MEGA_USDC+0.0098%4h0.04484−0.156%$3K$2K10xas long as short
Aster MEGAUSDT+0.0100%4h0.04481−0.225%$20K$80K5xas long as short
Pacifica MEGAshort+0.0100%1h0.04483−0.176%$14K$9K3x
Binance MEGAUSDT+0.0100%4h0.04480−0.236%$4.0M$12.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04480−0.245%$3.5M$4.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04480−0.245%$918K$2.9M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk MEGA-USD+0.0100%1h0.04500+0.190%$133K$5K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04480−0.245%$191K$311K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04480−0.245%$772K$356K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04485−0.134%$236K$112K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04481−0.223%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04479−0.267%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04493+0.050%$239K$109Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04494+0.059%$21K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04493+0.045%$25K$229K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04489−0.045%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04479−0.257%$127K$613K5xas long as short
BloFin MEGA-USDTlong+0.0155%4h0.04491long leg$197K$77K50x
Reya MEGARUSDPERP+0.0159%1h0.04480−0.250%$33xas long as short
Backpack MEGA_USDC_PERP+0.0190%1h0.04489−0.045%$18K$41K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0236% / S −0.5353%1h0.04484−0.163%$3K45xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1066%1h0.04491−0.002%$109$1525xas long as short
Hyperliquid MEGA+0.1211%1h0.04493+0.053%$7.6M$2.4M3xas long as short
Lighter MEGA+0.2792%1h0.04502+0.245%$623K$327K3xas long as short