MEGA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.60 per $10,000 · paid last 24h +0.009%

Price spread now: BingX against Bybit+0.044%7-day average −0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$138as in the Funding arb table

Net, price: spread back to 7d avg − costs−$147as in the Price arb table

costs, in and out, $10k−$1521.522% of the position

Long on Bybit Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.140%+$14 on $10k

Price spread, last 7 days−0.087%−$9 · spread now +0.044%, 7d avg −0.009%

Together, before fees+0.053%+$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BingX is 0.053% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MEGAUSDT	0.04532	−0.0020	get 0.0010% / 4h	2h 00m	$3.4M	$5.9M	20x
Short	BingX MEGA-USDT	0.04534	0.0100	get 0.0050% / 4h	2h 00m	—	$1.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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 BybitbpFee BingXbpOrdersPrice spread, now +0.044%Rate

Funding earned: $25.21
Price spread: +0.044% → −0.009%: $5.27
Slippage, 4 orders: −$131.24
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BingX: 5 bp × 2 orders: −$10
Net: −$121.76
Costs to cover: 1.522%
Break-even: 40.8 days

Slippage from Bybit: live order book, 2 min ago; BingX: live order book, 1 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, 2 min ago	2.21 bp	33.2 bp −$33	194.9 bp −$1,949	doesn't fit	doesn't fit
Sell BingX live order book, 1 min ago	16.53 bp	46.7 bp −$47	103.6 bp −$1,036	816.8 bp −$81.7K	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	−0.0048%	1h	0.04589	+1.269%	$5K	$12K	50x	as long as short
Bybit MEGAUSDTlong	−0.0020%	4h	0.04532	long leg	$3.4M	$5.9M	20x
gTrade (Gains Network) MEGA/USD	L +0.0001% / S +0.0023%	1h	0.04534	+0.035%	$1K	—	150x	as long as short
Nado MEGA-PERP	+0.0059%	1h	0.04532	+0.011%	$195K	$142K	2x	as long as short
BloFin MEGA-USDT	+0.0078%	4h	0.04537	+0.110%	$200K	$94K	50x	as long as short
Aster MEGAUSDT	+0.0100%	4h	0.04535	+0.059%	$20K	$96K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	0.04537	+0.115%	$14K	$10K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04536	+0.089%	$4.0M	$13.8M	50x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04532	0.000%	$917K	$3.2M	20x	as long as short
Bulk MEGA-USD	+0.0100%	1h	0.04535	+0.066%	$134K	$111	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate MEGA_USDT	+0.0100%	4h	0.04534	+0.044%	$205K	$334K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	0.04536	+0.088%	$796K	$409K	50x	as long as short
KuCoin MEGAUSDTM	+0.0100%	4h	0.04535	+0.066%	$227K	$120K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	0.04534	+0.044%	$1.0M	$1.5M	50x	as long as short
BingX MEGA-USDTshort	+0.0100%	4h	0.04534	+0.044%	—	$1.7M	—
Variational Omni MEGA	+0.0100%	4h	0.04533	+0.015%	$319K	$226K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04540	+0.170%	$30K	$1.9M	10x	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	0.04536	+0.088%	$23K	$228K	50x	as long as short
Orderly PERP_MEGA_USDC	+0.0100%	4h	0.04535	+0.066%	$3K	$2K	10x	as long as short
SunX MEGA-USDT	+0.0100%	4h	0.04533	+0.022%	$2K	$1.9M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04533	+0.025%	$127K	$410K	5x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	0.04534	+0.038%	$3	—	3x	as long as short
Phoenix MEGA	+0.0177%	1h	0.04540	+0.177%	$21K	$7K	5x	as long as short
GMX MEGA/USD [ETH-USDC]	L +0.0237% / S −0.5353%	1h	0.04533	+0.018%	$3K	—	45x	as long as short
Backpack MEGA_USDC_PERP	+0.0281%	1h	0.04538	+0.132%	$18K	$56K	5x	as long as short
Hyperliquid MEGA	+0.0352%	1h	0.04542	+0.225%	$7.8M	$2.6M	3x	as long as short
Lighter MEGA	+0.0384%	1h	0.04556	+0.530%	$616K	$374K	3x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.1073%	1h	0.04541	+0.205%	$110	$15	25x	as long as short