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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bitget against Extended+0.011%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1681.676% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.031%+$3 on $10k
Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.011%, 7d avg +0.050%
Together, before fees+0.049%+ Points / potential airdropExtended: Active · farm board+$5 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: Bitget is 0.039% 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 +0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MEGA-USD0.044880.0104pay 0.0013% / 1h18m 45s$127K$613K5x
ShortBitget MEGAUSDT0.044880.0100get 0.0050% / 4h2h 18m$1.1M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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

Funding earned
−$0.84
Price spread: +0.011% → +0.050%
−$3.92
Slippage, 4 orders
−$150.59
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$172.35
Costs to cover
1.676%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; Bitget: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 4 min ago3.34 bp54.3 bp −$54320.2 bp −$3,202doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago4.45 bp28.5 bp −$29123.6 bp −$1,236doesn't fitdoesn't fit

MEGA on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International MEGA-PERP-INTX−0.0288%1h0.04490+0.064%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04491+0.089%$12K150xas long as short
Phoenix MEGA0.0000%1h0.04499+0.256%$21K$7K5xas long as short
Nado MEGA-PERP+0.0051%1h0.04495+0.167%$194K$150K2xas long as short
Orderly PERP_MEGA_USDC+0.0098%4h0.04491+0.078%$3K$2K10xas long as short
Aster MEGAUSDT+0.0100%4h0.04492+0.105%$20K$80K5xas long as short
Pacifica MEGA+0.0100%1h0.04491+0.071%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04489+0.041%$4.0M$12.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04485−0.056%$3.5M$4.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04487−0.012%$920K$2.9M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk MEGA-USD+0.0100%1h0.04500+0.267%$133K$5K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04486−0.034%$191K$311K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04487−0.012%$773K$355K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04494+0.144%$237K$112K50xas long as short
Bitget MEGAUSDTshort+0.0100%4h0.04488+0.011%$1.1M$1.4M50x
BingX MEGA-USDT+0.0100%4h0.04486−0.034%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04493+0.128%$239K$109Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04490+0.056%$21K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04493+0.122%$25K$229K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04492+0.100%$1K$1.9M10xas long as short
Extended MEGA-USDlong+0.0104%1h0.04488long leg$127K$613K5x
BloFin MEGA-USDT+0.0153%4h0.04485−0.056%$196K$76K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04492+0.108%$33xas long as short
Backpack MEGA_USDC_PERP+0.0161%1h0.04495+0.167%$18K$41K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0236% / S −0.5353%1h0.04491+0.075%$3K45xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0930%1h0.04497+0.220%$109$1525xas long as short
Hyperliquid MEGA+0.1239%1h0.04502+0.323%$7.6M$2.4M3xas long as short
Lighter MEGA+0.2792%1h0.04512+0.546%$624K$327K3xas long as short