Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: ApeX Omni against Bybit−0.110%109s7-day average +0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$990.993% of the position
Funding, last 7 days+0.147%+$15 on $10k
+Price spread, last 4 days (all we have)+0.640%+$64 · spread now −0.110%, 7d avg +0.077%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.188% cheaper against Bybit than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.077%. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MEGAUSDT | 0.04539 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $3.5M | $5.5M | 20x |
| Short | ApeX Omni MEGAUSDT | 0.04534 | 0.0100 | get 0.0013% / 1h | 43m 41s | $24K | $230K | 50x |
Bybit MEGAUSDT
ApeX Omni MEGAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.110% → +0.077%
- −$18.76
- Slippage, 4 orders
- −$78.32
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$118.08
- Costs to cover
- 0.993%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; ApeX Omni: live order book, 18 min ago.
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 Bybit live order book, 4 min ago | 2.21 bp | 32.9 bp −$33 | 164.1 bp −$1,641 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 18 min ago | 6.57 bp | 16.6 bp −$17 | 142.3 bp −$1,423 | doesn't fit | doesn't fit |
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 | −0.0800% | 1h | 0.04490 | −1.071% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04530 | −0.198% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0064% | 1h | 0.04531 | −0.176% | $196K | $141K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0076% | 4h | 0.04528 | −0.242% | $202K | $90K | 50x | as long as short |
| Hyperliquid MEGA | +0.0100% | 1h | 0.04544 | +0.106% | $7.9M | $2.6M | 3x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04534 | −0.103% | $18K | $90K | 5x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04540 | +0.018% | $4.0M | $13.5M | 50x | as long as short |
| Bybit MEGAUSDTlong | +0.0100% | 4h | 0.04539 | long leg | $3.5M | $5.5M | 20x | |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04538 | −0.022% | $932K | $3.1M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04530 | −0.196% | $134K | $4K | 10x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
BloFin MEGA-USDT
Hyperliquid MEGA
Aster MEGAUSDT
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.0100% | 4h | 0.04530 | −0.198% | $200K | $317K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04541 | +0.044% | $804K | $364K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04534 | −0.110% | $226K | $117K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04541 | +0.044% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04538 | −0.022% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04535 | −0.088% | $18K | $46K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04530 | −0.194% | $320K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04531 | −0.178% | $30K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDTshort | +0.0100% | 1h | 0.04534 | −0.110% | $24K | $230K | 50x | |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04530 | −0.198% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04533 | −0.132% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04533 | −0.137% | $128K | $825K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04530 | −0.204% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0175% | 1h | 0.04544 | +0.110% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04530 | −0.187% | $3K | — | 45x | as long as short |
| Pacifica MEGA | +0.0245% | 1h | 0.04541 | +0.040% | $14K | $9K | 3x | as long as short |
| Lighter MEGA | +0.0608% | 1h | 0.04559 | +0.441% | $645K | $330K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1560% | 1h | 0.04540 | +0.013% | $110 | $15 | 25x | as long as short |
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
GRVT MEGA_USDT_Perp
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Pacifica MEGA
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL