Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.008%
Price spread now: Bybit against Extended−0.016%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1611.606% of the position
Funding, last 7 days−0.137%−$14 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.016%, 7d avg +0.013%
=Together, before fees−0.100%+ Points / potential airdropExtended: Active · farm board−$10 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: Bybit is 0.029% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MEGA-USD | 0.04502 | 0.0104 | pay 0.0013% / 1h | 37m 31s | $128K | $613K | 5x |
| Short | Bybit MEGAUSDT | 0.04501 | 0.0100 | get 0.0050% / 4h | 37m 31s | $3.5M | $4.9M | 20x |
Extended MEGA-USD
Bybit MEGAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.016% → +0.013%
- −$2.91
- Slippage, 4 orders
- −$144.61
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$164.36
- Costs to cover
- 1.606%
- Break-even
- never at this rate
Slippage from Extended: live order book, 40 min ago; Bybit: 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, 40 min ago | 3.36 bp | 47.5 bp −$48 | 280.1 bp −$2,801 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 1.11 bp | 29.5 bp −$30 | 137.4 bp −$1,374 | 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 | 0.04504 | +0.050% | $12K | — | 150x | as long as short |
| BloFin MEGA-USDT | +0.0056% | 4h | 0.04506 | +0.095% | $195K | $77K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04506 | +0.095% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04504 | +0.050% | $18K | $83K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04507 | +0.117% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04507 | +0.110% | $3.9M | $12.8M | 50x | as long as short |
| Bybit MEGAUSDTshort | +0.0100% | 4h | 0.04501 | −0.016% | $3.5M | $4.9M | 20x | |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04502 | +0.006% | $917K | $2.9M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04505 | +0.073% | $133K | $5K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04504 | +0.050% | $193K | $309K | 20x | as long as short |
gTrade (Gains Network) MEGA/USD
BloFin MEGA-USDT
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04503 | +0.028% | $769K | $350K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04503 | +0.028% | $237K | $114K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04505 | +0.073% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04504 | +0.050% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04503 | +0.027% | $226K | $133K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04507 | +0.122% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04499 | −0.061% | $25K | $231K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04508 | +0.139% | $1K | $1.9M | 10x | as long as short |
| Nado MEGA-PERP | +0.0102% | 1h | 0.04505 | +0.084% | $195K | $135K | 2x | as long as short |
| Extended MEGA-USDlong | +0.0104% | 1h | 0.04502 | long leg | $128K | $613K | 5x | |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04506 | +0.094% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04503 | +0.037% | $3K | — | 45x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.0296% | 1h | 0.04490 | −0.252% | $5K | $12K | 50x | as long as short |
| Phoenix MEGA | +0.0355% | 1h | 0.04508 | +0.139% | $21K | $7K | 5x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0678% | 1h | 0.04509 | +0.161% | $18K | $41K | 5x | as long as short |
| Hyperliquid MEGA | +0.1091% | 1h | 0.04518 | +0.357% | $7.7M | $2.4M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1370% | 1h | 0.04512 | +0.232% | $109 | $15 | 25x | as long as short |
| Lighter MEGA | +0.1544% | 1h | 0.04527 | +0.561% | $637K | $319K | 3x | as long as short |
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Nado MEGA-PERP
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Coinbase International MEGA-PERP-INTX
Phoenix MEGA
Backpack MEGA_USDC_PERP
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL
Lighter MEGA