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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Bulk−0.032%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$940.936% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.158%+$16 · spread now −0.032%, 7d avg −0.045%
Together, before fees+0.159%+$16 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk MEGA-USD0.044710.0100pay 0.0013% / 1h57m 13s$132K$5K10x
ShortBinance MEGAUSDT0.044700.0100get 0.0050% / 4h1h 57m$4.0M$12.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bulk. 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
$0
Price spread: −0.032% → −0.045%
$1.32
Slippage, 4 orders
−$76.61
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Binance: 5 bp × 2 orders
−$10
Net
−$92.29
Costs to cover
0.936%
Break-even
never at this rate
Slippage from Bulk: live order book, 27 min ago; Binance: live order book, 13 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 Bulk live order book, 27 min ago11.20 bp31.4 bp −$3167.6 bp −$676321.8 bp −$32.2Kdoesn't fit
Sell Binance live order book, 13 min ago1.12 bp26.6 bp −$27115.6 bp −$1,156doesn'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−0.0144%1h0.04490+0.427%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04468−0.071%$12K150xas long as short
Phoenix MEGA0.0000%1h0.04474+0.060%$20K$7K5xas long as short
Nado MEGA-PERP+0.0024%1h0.04469−0.041%$193K$150K2xas long as short
Orderly PERP_MEGA_USDC+0.0098%4h0.04469−0.052%$3K$2K10xas long as short
Aster MEGAUSDT+0.0100%4h0.04469−0.062%$20K$80K5xas long as short
Pacifica MEGA+0.0100%1h0.04472+0.015%$14K$9K3xas long as short
Binance MEGAUSDTshort+0.0100%4h0.04470−0.032%$4.0M$12.7M50x
Bybit MEGAUSDT+0.0100%4h0.04468−0.074%$3.4M$4.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04470−0.030%$915K$2.9M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk MEGA-USDlong+0.0100%1h0.04471long leg$132K$5K10x
Gate MEGA_USDT+0.0100%4h0.04468−0.074%$191K$309K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04469−0.052%$764K$345K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04472+0.015%$236K$112K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04471−0.007%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04468−0.074%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04472+0.023%$238K$109Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04476+0.102%$21K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04475+0.082%$24K$230K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04470−0.030%$1K$1.9M10xas long as short
BloFin MEGA-USDT+0.0102%4h0.04472+0.015%$197K$76K50xas long as short
Extended MEGA-USD+0.0104%1h0.04470−0.033%$127K$613K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04470−0.025%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0236% / S −0.5353%1h0.04467−0.090%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0590%1h0.04473+0.038%$18K$41K5xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1003%1h0.04475+0.071%$108$1525xas long as short
Hyperliquid MEGA+0.1479%1h0.04481+0.225%$7.6M$2.4M3xas long as short
Lighter MEGA+0.1488%1h0.04490+0.418%$621K$310K3xas long as short