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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against GRVT+0.315%52s7-day average −0.104% · 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 7 days−0.024%−$2 on $10k
Price spread, last 4 days (all we have)−0.718%−$72 · spread now +0.315%, 7d avg −0.104%
Together, before fees−0.743%+ Points / potential airdropGRVT: Active · Extended: Active · farm board−$74 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: Extended is 0.419% dearer against GRVT than usual: you sell high and buy low, +$42 on $10k if it goes back to its 7-day average of −0.104%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT MEGA_USDT_Perp0.045640.0100pay 0.0050% / 4h1h 20m$21K$1.7M10x
ShortExtended MEGA-USD0.045790.0104get 0.0013% / 1h20m 37s$129K$821K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.315% → −0.104%
$41.92
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$28.76
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: GRVT: live order book, 3 min ago; Extended: live order book, 42 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 GRVT live order book, 3 min ago4.38 bp2599.7 bp −$2,600doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 42 min ago3.29 bp53.2 bp −$53311.9 bp −$3,119doesn'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−0.0800%1h0.04490−1.622%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04583+0.407%$1K150xas long as short
Nado MEGA-PERP+0.0059%1h0.04584+0.418%$198K$141K2xas long as short
Hyperliquid MEGA+0.0100%1h0.04589+0.543%$7.9M$2.6M3xas long as short
Aster MEGAUSDT+0.0100%4h0.04586+0.467%$18K$89K5xas long as short
Binance MEGAUSDT+0.0100%4h0.04582+0.385%$4.1M$13.5M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04582+0.385%$3.6M$5.6M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04580+0.341%$940K$3.1M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04565+0.012%$135K$4K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04581+0.363%$203K$318K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MEGA_USDT+0.0100%4h0.04582+0.385%$820K$367K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04585+0.451%$230K$117K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04581+0.363%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04579+0.319%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04580+0.344%$323K$226Kas long as short
GRVT MEGA_USDT_Perplong+0.0100%4h0.04564long leg$21K$1.7M10x
ApeX Omni MEGAUSDT+0.0100%1h0.04563−0.031%$24K$231K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04582+0.385%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04583+0.407%$2K$1.9M10xas long as short
Extended MEGA-USDshort+0.0104%1h0.04579+0.315%$129K$821K5x
BloFin MEGA-USDT+0.0116%4h0.04586+0.472%$203K$94K50xas long as short
Backpack MEGA_USDC_PERP+0.0118%1h0.04587+0.494%$18K$46K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04585+0.456%$33xas long as short
Phoenix MEGA+0.0175%1h0.04564−0.010%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04582+0.394%$3K45xas long as short
Pacifica MEGA+0.0245%1h0.04584+0.426%$14K$9K3xas long as short
Lighter MEGA+0.0560%1h0.04605+0.889%$652K$336K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.2259%1h0.04595+0.667%$111$1525xas long as short