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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0118%/8h= +12.9% APRpaid last 24h +0.036%
Price spread now: Binance against gTrade (Gains Network)+0.037%7-day average · you sell dearer than you buy
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 feesneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.037% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) MEGA/USD0.04457L −0.0018% / S +0.0023%get 0.0002% / 1h51m 15s$12K150x
ShortBinance MEGAUSDT0.044580.0100get 0.0050% / 4h1h 51m$3.9M$12.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against gTrade (Gains Network). 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
$24.71
Price spread: +0.037% → 0.000%
$3.7
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
$6.42
Costs to cover
0.220%
Break-even
5.2 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Binance: live order book, 4 min ago. 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 gTrade (Gains Network) no order-book sample
Sell Binance live order book, 4 min ago1.12 bp14.2 bp −$1489.5 bp −$895doesn't fitdoesn't fit
gTrade (Gains Network): 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−0.0144%1h0.04490+0.757%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDlongL −0.0018% / S +0.0023%1h0.04457long leg$12K150x
Nado MEGA-PERP+0.0050%1h0.04458+0.041%$193K$152K2xas long as short
BloFin MEGA-USDT+0.0081%4h0.04461+0.097%$196K$76K50xas long as short
Orderly PERP_MEGA_USDC+0.0098%4h0.04459+0.052%$3K$2K10xas long as short
Aster MEGAUSDT+0.0100%4h0.04458+0.040%$20K$81K5xas long as short
Pacifica MEGA+0.0100%1h0.04460+0.077%$14K$9K3xas long as short
Binance MEGAUSDTshort+0.0100%4h0.04458+0.037%$3.9M$12.8M50x
Bybit MEGAUSDT+0.0100%4h0.04455−0.038%$3.4M$4.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04458+0.030%$912K$2.9M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk MEGA-USD+0.0100%1h0.04465+0.187%$132K$5K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04457+0.007%$190K$310K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04457+0.007%$762K$345K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04461+0.097%$235K$113K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04459+0.052%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04457+0.007%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04473+0.369%$238K$109Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04472+0.344%$21K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04460+0.074%$24K$230K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04458+0.030%$2K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04458+0.026%$127K$613K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04458+0.034%$33xas long as short
Phoenix MEGA+0.0179%1h0.04470+0.299%$20K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0236% / S −0.5353%1h0.044570.000%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0693%1h0.04463+0.142%$18K$41K5xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1006%1h0.04463+0.144%$108$1525xas long as short
Lighter MEGA+0.1328%1h0.04479+0.501%$619K$311K3xas long as short
Hyperliquid MEGA+0.1351%1h0.04469+0.274%$7.6M$2.4M3xas long as short