Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: BingX against Extended−0.030%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$1921.922% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.030%, 7d avg +0.010%
=Together, before fees+0.064%+ Points / potential airdropExtended: Active · farm board+$6 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: BingX is 0.040% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MEGA-USD | 0.04585 | 0.0104 | pay 0.0013% / 1h | 56m 53s | $130K | $822K | 5x |
| Short | BingX MEGA-USDT | 0.04584 | 0.0100 | get 0.0050% / 4h | 2h 56m | — | $1.7M | — |
Extended MEGA-USD
BingX MEGA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.030% → +0.010%
- −$4.04
- Slippage, 4 orders
- −$177.23
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$197.11
- Costs to cover
- 1.922%
- Break-even
- never at this rate
Slippage from Extended: live order book, 11 min ago; BingX: live order book, 5 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, 11 min ago | 3.24 bp | 49.5 bp −$50 | 289.3 bp −$2,893 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 16.30 bp | 35.7 bp −$36 | 98.5 bp −$985 | 756.3 bp −$75.6K | 1342.8 bp −$671.4K |
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 | −0.0432% | 1h | 0.04490 | −2.072% | $5K | $12K | 50x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04598 | +0.275% | $21K | $7K | 5x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04588 | +0.057% | $1K | — | 150x | as long as short |
| BloFin MEGA-USDT | +0.0043% | 4h | 0.04586 | +0.013% | $202K | $89K | 50x | as long as short |
| Nado MEGA-PERP | +0.0059% | 1h | 0.04590 | +0.101% | $198K | $138K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04586 | +0.009% | $18K | $90K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04593 | +0.168% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04584 | −0.020% | $4.1M | $13.4M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04578 | −0.161% | $3.6M | $5.4M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04580 | −0.117% | $942K | $3.1M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
Phoenix MEGA
gTrade (Gains Network) MEGA/USD
BloFin MEGA-USDT
Nado MEGA-PERP
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.0100% | 4h | 0.04583 | −0.052% | $201K | $316K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04584 | −0.030% | $851K | $358K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04589 | +0.079% | $241K | $116K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04582 | −0.074% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDTshort | +0.0100% | 4h | 0.04584 | −0.030% | — | $1.7M | — | |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04587 | +0.035% | $18K | $43K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04596 | +0.225% | $324K | $227K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04603 | +0.386% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04601 | +0.340% | $25K | $231K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04587 | +0.035% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04587 | +0.035% | $2K | $1.9M | 10x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04600 | +0.316% | $136K | $4K | 10x | as long as short |
| Extended MEGA-USDlong | +0.0104% | 1h | 0.04585 | long leg | $130K | $822K | 5x | |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04585 | −0.013% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04587 | +0.026% | $3K | — | 45x | as long as short |
| Lighter MEGA | +0.1128% | 1h | 0.04604 | +0.406% | $647K | $324K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.2191% | 1h | 0.04599 | +0.301% | $111 | $15 | 25x | as long as short |
| Hyperliquid MEGA | +0.2415% | 1h | 0.04597 | +0.245% | $7.9M | $2.5M | 3x | as long as short |
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Bulk MEGA-USD
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL
Hyperliquid MEGA