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+0.5249%/8h= +574.7% APRnext payment +$6.56 per $10,000 · paid last 24h +1.016%
Price spread now: GMX against Extended0.000%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$157 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MEGA-USD0.044680.0104pay 0.0013% / 1h12m 57s$127K$613K5x
ShortGMX MEGA/USD [ETH-USDC]0.04468L +0.0236% / S −0.5353%get 0.0669% / 1h12m 57s$3K45x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$1,102.25
Price spread: 0.000% → 0.000%
−$0.05
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
$1,085.21
Costs to cover
0.170%
Break-even
0.1 days
Slippage unknown: Extended: live order book, 10 min ago; GMX: no order-book sample. Net counts fees only.

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, 10 min ago3.34 bp54.3 bp −$54320.2 bp −$3,202doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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+0.499%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04469+0.010%$12K150xas long as short
Phoenix MEGA0.0000%1h0.04485+0.378%$20K$7K5xas long as short
Nado MEGA-PERP+0.0047%1h0.04473+0.098%$193K$150K2xas long as short
BloFin MEGA-USDT+0.0078%4h0.04474+0.132%$197K$76K50xas long as short
Orderly PERP_MEGA_USDC+0.0098%4h0.04468−0.003%$3K$2K10xas long as short
Aster MEGAUSDT+0.0100%4h0.04470+0.035%$20K$80K5xas long as short
Pacifica MEGA+0.0100%1h0.04479+0.243%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04469+0.020%$4.0M$12.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04466−0.047%$3.4M$4.9M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MEGA-USDT-SWAP+0.0100%4h0.04469+0.020%$915K$2.9M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04500+0.703%$133K$5K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04468−0.003%$190K$311K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04467−0.025%$770K$356K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04472+0.087%$236K$112K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04469+0.020%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04467−0.025%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04477+0.194%$238K$109Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04487+0.415%$21K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04479+0.243%$24K$229K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04476+0.176%$1K$1.9M10xas long as short
Extended MEGA-USDlong+0.0104%1h0.04468long leg$127K$613K5x
Reya MEGARUSDPERP+0.0159%1h0.04472+0.094%$33xas long as short
Backpack MEGA_USDC_PERP+0.0216%1h0.04471+0.064%$18K$41K5xas long as short
GMX MEGA/USD [ETH-USDC]shortL +0.0236% / S −0.5353%1h0.044680.000%$3K45x
Deribit MEGA_USDC-PERPETUAL+0.0712%1h0.04474+0.134%$108$1525xas long as short
Hyperliquid MEGA+0.1175%1h0.04481+0.297%$7.6M$2.4M3xas long as short
Lighter MEGA+0.2768%1h0.04491+0.512%$621K$327K3xas long as short