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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Bulk+0.333%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$493as in the Price arb table
costs, in and out, $10k−$5275.272% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.269%−$27 · spread now +0.333%, 7d avg −0.011%
Together, before fees−0.267%−$27 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: KuCoin is 0.343% dearer against Bulk than usual: you sell high and buy low, +$34 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk MEGA-USD0.045100.0100pay 0.0013% / 1h42m 28s$133K$4K10x
ShortKuCoin MEGAUSDTM0.045250.0100get 0.0050% / 4h3h 42m$238K$115K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.333% → −0.011%
$34.34
Slippage, 4 orders
−$508.22
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$492.88
Costs to cover
5.272%
Break-even
never at this rate
Slippage from Bulk: live order book, 31 min ago; KuCoin: live order book, 8 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, 31 min ago11.07 bp14.6 bp −$1532.0 bp −$320266.5 bp −$26.6Kdoesn't fit
Sell KuCoin live order book, 8 min ago11.08 bp224.5 bp −$225doesn'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−0.0048%1h0.04490−0.435%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04524+0.314%$12K150xas long as short
Phoenix MEGA0.0000%1h0.04503−0.155%$21K$7K5xas long as short
Nado MEGA-PERP+0.0064%1h0.04534+0.543%$197K$136K2xas long as short
BloFin MEGA-USDT+0.0078%4h0.04501−0.200%$196K$76K50xas long as short
Aster MEGAUSDT+0.0100%4h0.04525+0.338%$20K$86K5xas long as short
Pacifica MEGA+0.0100%1h0.04528+0.388%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04533+0.510%$4.0M$13.1M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04534+0.532%$3.5M$5.2M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04530+0.443%$924K$3.0M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk MEGA-USDlong+0.0100%1h0.04510long leg$133K$4K10x
Gate MEGA_USDT+0.0100%4h0.04529+0.421%$198K$312K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04530+0.443%$839K$359K50xas long as short
KuCoin MEGAUSDTMshort+0.0100%4h0.04525+0.333%$238K$115K50x
Bitget MEGAUSDT+0.0100%4h0.04534+0.532%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04530+0.443%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04530+0.443%$18K$41K5xas long as short
Variational Omni MEGA+0.0100%4h0.04503−0.160%$317K$227Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04503−0.165%$28K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04502−0.177%$25K$231K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04525+0.333%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04525+0.333%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04532+0.478%$126K$742K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04535+0.550%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0236% / S −0.5353%1h0.04523+0.293%$3K45xas long as short
Lighter MEGA+0.0800%1h0.04548+0.843%$640K$320K3xas long as short
Hyperliquid MEGA+0.0962%1h0.04545+0.783%$7.8M$2.4M3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.2778%1h0.04539+0.639%$110$1525xas long as short