Funding you earn now, next payment 06:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.010%
Price spread now: Extended against Bybit+0.084%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1921.916% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 4 days (all we have)−0.105%−$10 · spread now +0.084%, 7d avg −0.012%
=Together, before fees+0.019%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.096% dearer against Bybit than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MEGAUSDT | 0.04498 | 0.0032 | pay 0.0016% / 4h | 2h 32m | $3.4M | $5.9M | 20x |
| Short | Extended MEGA-USD | 0.04502 | 0.0104 | get 0.0013% / 1h | 32m 26s | $126K | $429K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $15.09
- Price spread: +0.084% → −0.012%
- $9.61
- Slippage, 4 orders
- −$175.6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$166.9
- Costs to cover
- 1.916%
- Break-even
- 84.4 days
Slippage from Bybit: live order book, just now; Extended: live order book, 15 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, just now | 2.22 bp | 33.2 bp −$33 | 190.2 bp −$1,902 | doesn't fit | doesn't fit |
| Sell Extended live order book, 15 min ago | 4.42 bp | 63.3 bp −$63 | 349.5 bp −$3,495 | 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 | −0.0048% | 1h | 0.04589 | +2.034% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04499 | +0.022% | $1K | — | 150x | as long as short |
| Bybit MEGAUSDTlong | +0.0032% | 4h | 0.04498 | long leg | $3.4M | $5.9M | 20x | |
| BloFin MEGA-USDT | +0.0044% | 4h | 0.04489 | −0.200% | $198K | $93K | 50x | as long as short |
| Nado MEGA-PERP | +0.0059% | 1h | 0.04501 | +0.078% | $194K | $141K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04500 | +0.054% | $18K | $91K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04507 | +0.191% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04502 | +0.088% | $4.0M | $13.8M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04495 | −0.067% | $913K | $3.1M | 20x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04502 | +0.089% | $201K | $330K | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04499 | +0.022% | $791K | $393K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04500 | +0.044% | $227K | $120K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04500 | +0.044% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04497 | −0.022% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04502 | +0.089% | $18K | $55K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04520 | +0.496% | $319K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04518 | +0.445% | $20K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04524 | +0.578% | $23K | $228K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04498 | 0.000% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04495 | −0.067% | $1K | $1.9M | 10x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04501 | +0.057% | $133K | $111 | 10x | as long as short |
| Extended MEGA-USDshort | +0.0104% | 1h | 0.04502 | +0.084% | $126K | $429K | 5x | |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04496 | −0.037% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0177% | 1h | 0.04522 | +0.534% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04499 | +0.018% | $3K | — | 45x | as long as short |
| Lighter MEGA | +0.0432% | 1h | 0.04527 | +0.645% | $617K | $366K | 3x | as long as short |
| Hyperliquid MEGA | +0.0523% | 1h | 0.04507 | +0.205% | $7.8M | $2.6M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1107% | 1h | 0.04501 | +0.071% | $109 | $15 | 25x | as long as short |
Bybit MEGAUSDT
Extended MEGA-USD
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
BloFin MEGA-USDT
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Bulk MEGA-USD
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Lighter MEGA
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL