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+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h −0.003%
Price spread now: SunX against BloFin0.000%55s7-day average −0.037% · you sell dearer than you buy
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 7 days+0.042%+$4 on $10k
Price spread, last 4 days (all we have)−0.647%−$65 · spread now 0.000%, 7d avg −0.037%
Together, before fees−0.605%−$60 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SunX is 0.037% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.037%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MEGA-USDT0.045960.0050pay 0.0025% / 4h1h 15m$203K$95K50x
ShortSunX MEGA-USDT0.045960.0100get 0.0050% / 4h1h 15m$2K$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$10.57
Price spread: 0.000% → −0.037%
$3.67
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$5.77
Costs to cover
0.200%
Break-even
10.8 days
Slippage unknown: BloFin: live order book, 22 min ago; SunX: live order book, 10 min ago. 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, 22 min ago2.20 bp16.9 bp −$1771.8 bp −$718doesn't fitdoesn't fit
Sell SunX live order book, 10 min ago501.64 bpdoesn't fitdoesn't fitdoesn'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−0.0800%1h0.04490−2.298%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04600+0.083%$1K150xas long as short
BloFin MEGA-USDTlong+0.0050%4h0.04596long leg$203K$95K50x
Nado MEGA-PERP+0.0060%1h0.04597+0.022%$199K$141K2xas long as short
Hyperliquid MEGA+0.0100%1h0.04602+0.135%$7.9M$2.6M3xas long as short
Aster MEGAUSDT+0.0100%4h0.04597+0.016%$18K$89K5xas long as short
Binance MEGAUSDT+0.0100%4h0.04594−0.037%$4.1M$13.6M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04592−0.087%$3.6M$5.6M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04590−0.131%$942K$3.1M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04565−0.674%$135K$4K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.045960.000%$204K$318K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04595−0.022%$821K$368K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.045960.000%$231K$117K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04591−0.109%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04594−0.044%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04598+0.046%$324K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04587−0.199%$25K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04585−0.239%$24K$231K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.045960.000%$3K$2K10xas long as short
SunX MEGA-USDTshort+0.0100%4h0.045960.000%$2K$1.9M10x
Extended MEGA-USD+0.0104%1h0.04594−0.048%$130K$821K5xas long as short
Backpack MEGA_USDC_PERP+0.0158%1h0.04598+0.044%$18K$46K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04599+0.059%$33xas long as short
Phoenix MEGA+0.0175%1h0.04598+0.044%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04599+0.061%$3K45xas long as short
Pacifica MEGA+0.0245%1h0.04600+0.076%$14K$9K3xas long as short
Lighter MEGA+0.0576%1h0.04620+0.522%$654K$336K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1251%1h0.04605+0.198%$111$1525xas long as short