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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h −0.002%
Price spread now: BloFin against Bulk+0.015%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$890.894% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.004%$0 on $10k
Price spread, last 3 days (all we have)+3.938%+$394 · spread now +0.015%, 7d avg +0.071%
Together, before fees+3.942%+$394 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.056% cheaper against Bulk than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk MEGA-USD0.044710.0100pay 0.0013% / 1h56m 21s$132K$5K10x
ShortBloFin MEGA-USDT0.044720.0102get 0.0051% / 4h1h 56m$197K$76K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$0.38
Price spread: +0.015% → +0.071%
−$5.58
Slippage, 4 orders
−$70.41
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$94.61
Costs to cover
0.894%
Break-even
1740.4 days
Slippage from Bulk: live order book, 27 min ago; BloFin: live order book, 18 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 BloFin live order book, 18 min ago3.35 bp19.1 bp −$1962.0 bp −$620doesn'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%1h0.04473+0.045%$12K150xas long as short
Phoenix MEGA0.0000%1h0.04474+0.060%$20K$7K5xas long as short
Nado MEGA-PERP+0.0034%1h0.04476+0.116%$193K$150K2xas long as short
Orderly PERP_MEGA_USDC+0.0098%4h0.04475+0.082%$3K$2K10xas long as short
Aster MEGAUSDT+0.0100%4h0.04473+0.047%$20K$80K5xas long as short
Pacifica MEGA+0.0100%1h0.04477+0.131%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04477+0.127%$4.0M$12.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04474+0.060%$3.5M$4.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04475+0.082%$916K$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%4h0.04473+0.038%$191K$309K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04476+0.105%$765K$345K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04477+0.127%$236K$112K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04475+0.082%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04474+0.060%$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-USDTshort+0.0102%4h0.04472+0.015%$197K$76K50x
Extended MEGA-USD+0.0104%1h0.04477+0.122%$127K$613K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04476+0.109%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0236% / S −0.5353%1h0.04473+0.044%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0676%1h0.04473+0.038%$18K$41K5xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1003%1h0.04475+0.071%$108$1525xas long as short
Lighter MEGA+0.1488%1h0.04496+0.552%$622K$310K3xas long as short
Hyperliquid MEGA+0.1520%1h0.04486+0.337%$7.6M$2.4M3xas long as short