MEGA

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.5253%/8h= +575.2% APRnext payment +$6.57 per $10,000 · paid last 24h +1.087%

Price spread now: GMX against Bulk+0.440%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bulk Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$158 a day on $10k at the current rate, and GMX is 0.440% dearer against Bulk than usual: you sell high and buy low: +$44 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk MEGA-USD	0.04484	0.0100	pay 0.0013% / 1h	1m 01s	$132K	$5K	10x
Short	GMX MEGA/USD [ETH-USDC]	0.04503	L +0.0236% / S −0.5353%	get 0.0669% / 1h	1m 01s	$3K	—	45x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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

Position, each leg$Hold fordaysFee BulkbpFee GMXbpOrdersPrice spread, now +0.440%Rate

Funding earned: $1,103.09
Price spread: +0.440% → 0.000%: $43.96
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: $1,128.05
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: Bulk: live order book, 18 min ago; GMX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bulk live order book, 18 min ago	11.17 bp	14.7 bp −$15	48.7 bp −$487	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International MEGA-PERP-INTX	−0.0144%	1h	0.04490	+0.152%	$5K	$12K	50x	as long as short
gTrade (Gains Network) MEGA/USD	L −0.0018% / S +0.0023%	1h	0.04503	+0.438%	$12K	—	150x	as long as short
Nado MEGA-PERP	+0.0060%	1h	0.04507	+0.533%	$195K	$136K	2x	as long as short
Orderly PERP_MEGA_USDC	+0.0099%	4h	0.04504	+0.455%	$3K	$2K	10x	as long as short
Aster MEGAUSDT	+0.0100%	4h	0.04511	+0.607%	$18K	$82K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	0.04506	+0.500%	$14K	$8K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04507	+0.525%	$3.9M	$12.9M	50x	as long as short
Bybit MEGAUSDT	+0.0100%	4h	0.04505	+0.477%	$3.5M	$4.9M	20x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04504	+0.455%	$915K	$2.9M	20x	as long as short
Bulk MEGA-USDlong	+0.0100%	1h	0.04484	long leg	$132K	$5K	10x

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate MEGA_USDT	+0.0100%	4h	0.04508	+0.544%	$193K	$311K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	0.04508	+0.544%	$774K	$354K	50x	as long as short
KuCoin MEGAUSDTM	+0.0100%	4h	0.04506	+0.500%	$237K	$113K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	0.04507	+0.522%	$1.1M	$1.4M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04505	+0.477%	—	$1.7M	—	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04480	−0.071%	$225K	$133K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04496	+0.277%	$27K	$1.7M	10x	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	0.04504	+0.455%	$25K	$230K	50x	as long as short
SunX MEGA-USDT	+0.0100%	4h	0.04505	+0.477%	$1K	$1.9M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04506	+0.491%	$128K	$613K	5x	as long as short
BloFin MEGA-USDT	+0.0149%	4h	0.04500	+0.366%	$194K	$76K	50x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	0.04503	+0.431%	$3	—	3x	as long as short
Phoenix MEGA	+0.0179%	1h	0.04510	+0.589%	$21K	$7K	5x	as long as short
GMX MEGA/USD [ETH-USDC]short	L +0.0236% / S −0.5353%	1h	0.04503	+0.440%	$3K	—	45x
Backpack MEGA_USDC_PERP	+0.0515%	1h	0.04510	+0.589%	$18K	$41K	5x	as long as short
Hyperliquid MEGA	+0.1168%	1h	0.04514	+0.689%	$7.7M	$2.4M	3x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.1171%	1h	0.04510	+0.593%	$109	$15	25x	as long as short
Lighter MEGA	+0.2352%	1h	0.04526	+0.946%	$636K	$323K	3x	as long as short