Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Gate−0.022%7-day average +0.124% · you buy dearer than you sell
Net, funding: paid 7d − costs−$338as in the Funding arb table
Net, price: spread back to 7d avg − costs−$350as in the Price arb table
costs, in and out, $10k−$3353.353% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 3 days (all we have)+3.942%+$394 · spread now −0.022%, 7d avg +0.124%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.146% cheaper against Gate than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.124%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MEGA_USDT | 0.04473 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $191K | $309K | 20x |
| Short | BloFin MEGA-USDT | 0.04472 | 0.0102 | get 0.0051% / 4h | 1h 56m | $197K | $76K | 50x |
Gate MEGA_USDT
BloFin MEGA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $0.38
- Price spread: −0.022% → +0.124%
- −$14.62
- Slippage, 4 orders
- −$308.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$349.5
- Costs to cover
- 3.353%
- Break-even
- 6410.8 days
Slippage from Gate: live order book, 20 min ago; BloFin: live order book, 18 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, 20 min ago | 7.82 bp | 80.2 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 18 min ago | 3.35 bp | 19.1 bp −$19 | 62.0 bp −$620 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MEGA-PERP-INTX | −0.0144% | 1h | 0.04490 | +0.389% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04468 | −0.108% | $12K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04474 | +0.022% | $20K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0024% | 1h | 0.04469 | −0.078% | $193K | $150K | 2x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0098% | 4h | 0.04469 | −0.089% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04473 | +0.009% | $20K | $80K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04477 | +0.094% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04477 | +0.089% | $4.0M | $12.7M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04474 | +0.022% | $3.5M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04472 | −0.022% | $916K | $2.9M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Nado MEGA-PERP
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | +0.0100% | 1h | 0.04471 | −0.037% | $132K | $5K | 10x | as long as short |
| Gate MEGA_USDTlong | +0.0100% | 4h | 0.04473 | long leg | $191K | $309K | 20x | |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04476 | +0.067% | $765K | $345K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04477 | +0.089% | $236K | $112K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04475 | +0.045% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04475 | +0.045% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04472 | −0.015% | $238K | $109K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04476 | +0.064% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04475 | +0.045% | $24K | $230K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04470 | −0.067% | $1K | $1.9M | 10x | as long as short |
| BloFin MEGA-USDTshort | +0.0102% | 4h | 0.04472 | −0.022% | $197K | $76K | 50x | |
| Extended MEGA-USD | +0.0104% | 1h | 0.04476 | +0.074% | $127K | $613K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04470 | −0.063% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04467 | −0.127% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0676% | 1h | 0.04473 | 0.000% | $18K | $41K | 5x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1003% | 1h | 0.04475 | +0.034% | $108 | $15 | 25x | as long as short |
| Lighter MEGA | +0.1488% | 1h | 0.04496 | +0.514% | $622K | $310K | 3x | as long as short |
| Hyperliquid MEGA | +0.1516% | 1h | 0.04486 | +0.293% | $7.6M | $2.4M | 3x | as long as short |
Bulk MEGA-USD
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Deribit MEGA_USDC-PERPETUAL
Lighter MEGA
Hyperliquid MEGA