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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: Bitget against GRVT−0.527%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$220as in the Price arb table
costs, in and out, $10k−$1681.681% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 3 days (all we have)+0.501%+$50 · spread now −0.527%, 7d avg −0.011%
Together, before fees+0.521%+ Points / potential airdropGRVT: Active · farm board+$52 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.517% cheaper against GRVT than usual: you would sell low and buy high, −$52 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT MEGA_USDT_Perp0.045520.0100pay 0.0050% / 4h2h 51m$28K$1.7M10x
ShortBitget MEGAUSDT0.045280.0100get 0.0050% / 4h2h 51m$1.1M$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against GRVT. 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: −0.527% → −0.011%
−$51.66
Slippage, 4 orders
−$147.1
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$219.76
Costs to cover
1.681%
Break-even
never at this rate
Slippage from GRVT: live order book, 2 min ago; Bitget: live order book, 5 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 GRVT live order book, 2 min ago3.30 bp54.9 bp −$55doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago6.55 bp28.5 bp −$28150.9 bp −$1,509doesn'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−0.0432%1h0.04490−1.353%$5K$12K50xas long as short
ApeX Omni MEGAUSDT−0.0214%1h0.04548−0.088%$24K$232K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04533−0.420%$12K150xas long as short
BloFin MEGA-USDT+0.0077%4h0.04554+0.044%$202K$89K50xas long as short
Nado MEGA-PERP+0.0086%1h0.04542−0.220%$196K$140K2xas long as short
Aster MEGAUSDT+0.0100%4h0.04529−0.497%$17K$90K5xas long as short
Pacifica MEGA+0.0100%1h0.04530−0.477%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04530−0.483%$4.0M$13.5M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04527−0.549%$3.5M$5.4M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04526−0.571%$927K$3.1M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04526−0.571%$201K$318K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04529−0.506%$840K$359K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04531−0.462%$238K$117K50xas long as short
Bitget MEGAUSDTshort+0.0100%4h0.04528−0.527%$1.1M$1.5M50x
BingX MEGA-USDT+0.0100%4h0.04531−0.462%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04539−0.286%$18K$43K5xas long as short
Variational Omni MEGA+0.0100%4h0.04575+0.511%$323K$227Kas long as short
GRVT MEGA_USDT_Perplong+0.0100%4h0.04552long leg$28K$1.7M10x
Orderly PERP_MEGA_USDC+0.0100%4h0.04534−0.396%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04541−0.242%$1K$1.9M10xas long as short
Bulk MEGA-USD+0.0100%1h0.04600+1.051%$136K$4K10xas long as short
Extended MEGA-USD+0.0104%1h0.04531−0.454%$127K$824K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04539−0.279%$33xas long as short
Phoenix MEGA+0.0173%1h0.04575+0.505%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04534−0.400%$3K45xas long as short
Lighter MEGA+0.1200%1h0.04550−0.044%$640K$324K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.2198%1h0.04546−0.125%$110$1525xas long as short
Hyperliquid MEGA+0.2285%1h0.04544−0.169%$7.8M$2.5M3xas long as short