Funding you earn now, next payment 21:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended−0.136%7-day average +0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1411.408% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.173%+$17 · spread now −0.136%, 7d avg +0.039%
=Together, before fees+0.167%+ Points / potential airdropExtended: Active · farm board+$17 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: Binance is 0.175% cheaper against Extended than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MEGA-USD | 0.04474 | 0.0104 | pay 0.0013% / 1h | 30m 03s | $127K | $613K | 5x |
| Short | Binance MEGAUSDT | 0.04468 | 0.0100 | get 0.0050% / 4h | 3h 30m | $4.0M | $12.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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
- −$0.84
- Price spread: −0.136% → +0.039%
- −$17.47
- Slippage, 4 orders
- −$125.77
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$159.08
- Costs to cover
- 1.408%
- Break-even
- never at this rate
Slippage from Extended: live order book, 18 min ago; Binance: live order book, 16 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 Extended live order book, 18 min ago | 3.36 bp | 46.1 bp −$46 | 271.6 bp −$2,716 | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 1.12 bp | 22.0 bp −$22 | 95.0 bp −$950 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04474 | +0.009% | $12K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04484 | +0.233% | $20K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0049% | 1h | 0.04477 | +0.076% | $193K | $159K | 2x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0093% | 1h | 0.04473 | −0.013% | $14K | $41K | 5x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0096% | 4h | 0.04474 | +0.009% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04475 | +0.025% | $21K | $80K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04480 | +0.136% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDTshort | +0.0100% | 4h | 0.04468 | −0.136% | $4.0M | $12.9M | 50x | |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04467 | −0.147% | $3.5M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04469 | −0.103% | $914K | $2.9M | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | +0.0100% | 1h | 0.04480 | +0.144% | $132K | $5K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04472 | −0.036% | $212K | $287K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04471 | −0.058% | $774K | $357K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04475 | +0.031% | $231K | $112K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04470 | −0.080% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04468 | −0.125% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04479 | +0.130% | $242K | $107K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04483 | +0.210% | $19K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04487 | +0.300% | $25K | $228K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04476 | +0.054% | $2K | $1.9M | 10x | as long as short |
| BloFin MEGA-USDT | +0.0101% | 4h | 0.04488 | +0.322% | $200K | $77K | 50x | as long as short |
| Extended MEGA-USDlong | +0.0104% | 1h | 0.04474 | long leg | $127K | $613K | 5x | |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04475 | +0.024% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0235% / S −0.5353% | 1h | 0.04474 | +0.005% | $3K | — | 45x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.0384% | 1h | 0.04400 | −1.638% | $5K | $11K | 50x | as long as short |
| Lighter MEGA | +0.0712% | 1h | 0.04494 | +0.456% | $604K | $301K | 3x | as long as short |
| Hyperliquid MEGA | +0.0749% | 1h | 0.04483 | +0.206% | $7.6M | $2.5M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1627% | 1h | 0.04483 | +0.203% | $108 | $15 | 25x | as long as short |
Extended MEGA-USD
Binance MEGAUSDT
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Backpack MEGA_USDC_PERP
Aster MEGAUSDT
Pacifica MEGA
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
BloFin MEGA-USDT
GMX MEGA/USD [ETH-USDC]
Coinbase International MEGA-PERP-INTX
Lighter MEGA
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL