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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate+0.022%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$828as in the Funding arb table
Net, price: spread back to 7d avg − costs−$832as in the Price arb table
costs, in and out, $10k−$8318.312% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.022%, 7d avg +0.029%
Together, before fees+0.031%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MEGA_USDT0.044790.0100pay 0.0050% / 4h2h 14m$191K$311K20x
ShortKuCoin MEGAUSDTM0.044800.0100get 0.0050% / 4h2h 14m$236K$112K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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
$0
Price spread: +0.022% → +0.029%
−$0.71
Slippage, 4 orders
−$804.18
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$831.88
Costs to cover
8.312%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; KuCoin: live order book, 65 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago7.82 bp80.2 bp −$80doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 65 min ago12.32 bp242.1 bp −$242doesn't fitdoesn't fitdoesn't fit

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+0.255%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04475−0.079%$12K150xas long as short
Phoenix MEGA0.0000%1h0.04497+0.402%$21K$7K5xas long as short
Nado MEGA-PERP+0.0049%1h0.04476−0.056%$193K$150K2xas long as short
Orderly PERP_MEGA_USDC+0.0098%4h0.04475−0.089%$3K$2K10xas long as short
Aster MEGAUSDT+0.0100%4h0.04478−0.031%$20K$80K5xas long as short
Pacifica MEGA+0.0100%1h0.04482+0.056%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.044790.000%$4.0M$12.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04478−0.022%$3.5M$4.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04480+0.022%$918K$2.9M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk MEGA-USD+0.0100%1h0.04500+0.458%$133K$5K10xas long as short
Gate MEGA_USDTlong+0.0100%4h0.04479long leg$191K$311K20x
MEXC MEGA_USDT+0.0100%4h0.04478−0.022%$772K$356K50xas long as short
KuCoin MEGAUSDTMshort+0.0100%4h0.04480+0.022%$236K$112K50x
Bitget MEGAUSDT+0.0100%4h0.044790.000%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04478−0.022%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04477−0.049%$238K$109Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04487+0.171%$21K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04485+0.134%$25K$229K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04477−0.045%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04478−0.026%$127K$613K5xas long as short
BloFin MEGA-USDT+0.0140%4h0.04477−0.045%$196K$76K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04475−0.083%$33xas long as short
Backpack MEGA_USDC_PERP+0.0203%1h0.04485+0.134%$18K$41K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0236% / S −0.5353%1h0.04475−0.085%$3K45xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0889%1h0.04481+0.054%$108$1525xas long as short
Hyperliquid MEGA+0.1190%1h0.04491+0.266%$7.6M$2.4M3xas long as short
Lighter MEGA+0.2776%1h0.04500+0.469%$622K$327K3xas long as short