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

MEGA

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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Bybit SpotMEGAUSDT
0.04531spotno funding——$1.0M1xBuy Bybit Spot
SHORT
BybitMEGAUSDT
0.04536+0.0053get 0.0026% / 4h3h 48m$3.2M$2.9M20xShort Bybit
Price gap+0.110%
Funding gap+0.0053% /8h

Both sides work: funding pays +$2 a day on $10k, and the gap is 0.150% above its 7d average: +$15 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$6+0.0053% /8h now · paid +0.057% over the last 7D
Price+$15spread +0.110% now, avg −0.039% → +0.150% if it goes back
Costs−$2362.363% of $10k · taker + slippage, in and out
Result−$216−2.16%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.110%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MEGA on 24 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size64.0 / 59.9 bp
    At $10k entering Bybit Spot costs 64.0 bp, fee and slippage, 1.1× Bybit’s.
  • Note: Spot in full, margin on the short$10,000 + $500
    The spot leg is bought with the whole $10k; Bybit runs at up to 20x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Bybit.
  • OK: Only the short pays funding— / 4h
    The spot leg pays no funding; Bybit settles every 4h.
    Next 24h at the current rates, on $10k a leg: +$1.58Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, +$1.58.
  • OK: Entry gap works for you+0.110% vs −0.039%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$3.2M OI
    Only Bybit reports one; the spot book's depth is in the cost check above.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBybit Spot Yes · Bybit Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0027%/8h × 21 periods+$5.69
Price spread+0.110% → −0.039% (7d avg)+$14.97
Slippage, 4 orderslive order books−$205.28
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$215.62
Costs to cover2.363%Break-even272.5 days
Slippage: Bybit Spot: live order book, 12 min ago; Bybit: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit Spot3.3564.0 bp−$64doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit3.3259.9 bp−$60332.4 bp−$3,324doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

MEGA news

posts that mention MEGA, from every exchange
09-28 19:25AvantisOtherWeek 2 is going to hit harder. Bigger pool. Sharper week. Exciting surprises on the way (including a MEGA boost today). @verantaxyz on X ↗