Funding you earn now, next payment 23:00 UTC−0.0014%/8h= −1.5% APRpaid last 24h −0.003%
Price spread now: BloFin against Extended+0.183%74s7-day average +0.163% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1571.568% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 3 days (all we have)+2.526%+$253 · spread now +0.183%, 7d avg +0.163%
=Together, before fees+2.506%+ Points / potential airdropExtended: Active · farm board+$251 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.020% dearer against Extended than usual: you sell high and buy low (spread +0.183% now, against its 7-day average of +0.163%): +$2 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 5.0 days. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MEGA-USD | 0.04460 | 0.0104 | pay 0.0013% / 1h | 51m 34s | $127K | $613K | 5x |
| Short | BloFin MEGA-USDT | 0.04468 | 0.0090 | get 0.0045% / 4h | 1h 51m | $197K | $76K | 50x |
Extended MEGA-USD
BloFin MEGA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$2.87
- Price spread: +0.183% → +0.163%
- $2.05
- Slippage, 4 orders
- −$139.77
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$157.59
- Costs to cover
- 1.568%
- Break-even
- never at this rate
Slippage from Extended: live order book, 31 min ago; BloFin: live order book, 23 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, 31 min ago | 3.34 bp | 54.3 bp −$54 | 320.2 bp −$3,202 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 23 min ago | 3.35 bp | 19.1 bp −$19 | 62.0 bp −$620 | 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 | −0.0144% | 1h | 0.04490 | +0.686% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04460 | +0.010% | $12K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0052% | 1h | 0.04464 | +0.105% | $193K | $152K | 2x | as long as short |
| BloFin MEGA-USDTshort | +0.0090% | 4h | 0.04468 | +0.183% | $197K | $76K | 50x | |
| Orderly PERP_MEGA_USDC | +0.0098% | 4h | 0.04461 | +0.026% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04461 | +0.019% | $20K | $81K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04460 | +0.006% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04458 | −0.030% | $3.9M | $12.8M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04456 | −0.086% | $3.4M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04458 | −0.041% | $912K | $2.9M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Orderly PERP_MEGA_USDC
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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | +0.0100% | 1h | 0.04465 | +0.116% | $132K | $5K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04460 | +0.004% | $190K | $310K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04458 | −0.041% | $762K | $345K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04461 | +0.026% | $235K | $113K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04459 | −0.018% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04457 | −0.063% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04473 | +0.298% | $238K | $109K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04472 | +0.273% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04469 | +0.206% | $24K | $229K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04464 | +0.094% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USDlong | +0.0104% | 1h | 0.04460 | long leg | $127K | $613K | 5x | |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04464 | +0.098% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0179% | 1h | 0.04470 | +0.228% | $20K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04460 | −0.003% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0693% | 1h | 0.04463 | +0.071% | $18K | $41K | 5x | as long as short |
| Lighter MEGA | +0.1328% | 1h | 0.04479 | +0.430% | $619K | $311K | 3x | as long as short |
| Hyperliquid MEGA | +0.1353% | 1h | 0.04469 | +0.217% | $7.6M | $2.4M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1409% | 1h | 0.04468 | +0.177% | $108 | $15 | 25x | as long as short |
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
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Lighter MEGA
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL