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+0.0118%/8h= +12.9% APRpaid last 24h +0.036%
Price spread now: KuCoin against gTrade (Gains Network)+0.213%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 KuCoin is 0.213% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$21 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/USD0.04443L −0.0018% / S +0.0023%get 0.0002% / 1h28m 34s$12K150x
ShortKuCoin MEGAUSDTM0.044520.0100get 0.0050% / 4h2h 28m$234K$111K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$24.72
Price spread: +0.213% → 0.000%
$21.27
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$21.99
Costs to cover
0.240%
Break-even
0.8 days
Slippage unknown: gTrade (Gains Network): no order-book sample; KuCoin: live order book, 51 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 KuCoin live order book, 51 min ago12.32 bp242.1 bp −$242doesn't fitdoesn'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−0.0288%1h0.04400−0.951%$5K$11K50xas long as short
gTrade (Gains Network) MEGA/USDlongL −0.0018% / S +0.0023%1h0.04443long leg$12K150x
Phoenix MEGA0.0000%1h0.04423−0.440%$20K$7K5xas long as short
Nado MEGA-PERP+0.0061%1h0.04443+0.021%$192K$151K2xas long as short
Orderly PERP_MEGA_USDC+0.0097%4h0.04442−0.012%$3K$2K10xas long as short
BloFin MEGA-USDT+0.0098%4h0.04415−0.620%$195K$75K50xas long as short
Aster MEGAUSDT+0.0100%4h0.04444+0.024%$19K$80K5xas long as short
Pacifica MEGA+0.0100%1h0.04453+0.226%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04452+0.202%$4.0M$12.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04450+0.168%$3.4M$4.9M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MEGA-USDT-SWAP+0.0100%4h0.04453+0.235%$909K$2.8M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04420−0.508%$130K$5K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04450+0.168%$190K$310K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04451+0.190%$773K$353K50xas long as short
KuCoin MEGAUSDTMshort+0.0100%4h0.04452+0.213%$234K$111K50x
Bitget MEGAUSDT+0.0100%4h0.04454+0.258%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04452+0.213%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04446+0.078%$16K$40K5xas long as short
Variational Omni MEGA+0.0100%4h0.04413−0.658%$235K$109Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04416−0.593%$21K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04417−0.575%$24K$229K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04445+0.055%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04452+0.213%$126K$613K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04443+0.017%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0235% / S −0.5353%1h0.04442−0.024%$3K45xas long as short
Hyperliquid MEGA+0.1280%1h0.04455+0.289%$7.6M$2.4M3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1325%1h0.04451+0.186%$108$1525xas long as short
Lighter MEGA+0.2696%1h0.04473+0.685%$619K$321K3xas long as short