Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Gate−0.088%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$504as in the Funding arb table
Net, price: spread back to 7d avg − costs−$513as in the Price arb table
costs, in and out, $10k−$5075.066% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)+0.062%+$6 · spread now −0.088%, 7d avg −0.022%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.066% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MEGA_USDT | 0.04550 | 0.0100 | pay 0.0050% / 4h | 58m 04s | $198K | $319K | 20x |
| Short | BingX MEGA-USDT | 0.04546 | 0.0100 | get 0.0050% / 4h | 58m 04s | — | $1.7M | — |
Gate MEGA_USDT
BingX MEGA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- Price spread: −0.088% → −0.022%
- −$6.56
- Slippage, 4 orders
- −$481.62
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$513.17
- Costs to cover
- 5.066%
- Break-even
- never at this rate
Slippage from Gate: live order book, 59 min ago; BingX: live order book, 4 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 Gate live order book, 59 min ago | 7.66 bp | 199.5 bp −$200 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 16.51 bp | 35.6 bp −$36 | 96.9 bp −$969 | 796.6 bp −$79.7K | 1269.8 bp −$634.9K |
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 | −0.0744% | 1h | 0.04490 | −1.310% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04551 | +0.024% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0043% | 1h | 0.04552 | +0.055% | $198K | $142K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0051% | 4h | 0.04548 | −0.044% | $203K | $94K | 50x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04551 | +0.033% | $18K | $89K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04553 | +0.075% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04546 | −0.082% | $4.0M | $13.6M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04546 | −0.088% | $3.5M | $5.6M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04543 | −0.154% | $932K | $3.1M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04560 | +0.220% | $135K | $4K | 10x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
BloFin MEGA-USDT
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDTlong | +0.0100% | 4h | 0.04550 | long leg | $198K | $319K | 20x | |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04548 | −0.044% | $826K | $365K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04551 | +0.022% | $229K | $117K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04549 | −0.022% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDTshort | +0.0100% | 4h | 0.04546 | −0.088% | — | $1.7M | — | |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04552 | +0.044% | $18K | $47K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04541 | −0.196% | $321K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04548 | −0.051% | $24K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04545 | −0.110% | $24K | $232K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04549 | −0.022% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04552 | +0.044% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04547 | −0.056% | $127K | $823K | 5x | as long as short |
| Hyperliquid MEGA | +0.0124% | 1h | 0.04555 | +0.099% | $7.9M | $2.6M | 3x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04549 | −0.026% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0175% | 1h | 0.04545 | −0.110% | $21K | $6K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04550 | −0.007% | $3K | — | 45x | as long as short |
| Lighter MEGA | +0.0376% | 1h | 0.04572 | +0.484% | $647K | $335K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1794% | 1h | 0.04559 | +0.209% | $110 | $15 | 25x | as long as short |
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
Hyperliquid MEGA
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL