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: Binance against KuCoin−0.045%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$590as in the Funding arb table
Net, price: spread back to 7d avg − costs−$589as in the Price arb table
costs, in and out, $10k−$5875.866% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.045%, 7d avg −0.026%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MEGAUSDTM | 0.04434 | 0.0100 | pay 0.0050% / 4h | 2h 51m | $228K | $112K | 50x |
| Short | Binance MEGAUSDT | 0.04432 | 0.0100 | get 0.0050% / 4h | 2h 51m | $4.0M | $12.7M | 50x |
KuCoin MEGAUSDTM
Binance MEGAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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: −0.045% → −0.026%
- −$1.94
- Slippage, 4 orders
- −$564.58
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$588.52
- Costs to cover
- 5.866%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 28 min ago; Binance: live order book, 3 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 KuCoin live order book, 28 min ago | 12.32 bp | 297.2 bp −$297 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 2.25 bp | 26.2 bp −$26 | 97.5 bp −$975 | 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 | −0.0288% | 1h | 0.04400 | −0.760% | $5K | $11K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04431 | −0.075% | $12K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04458 | +0.541% | $20K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0056% | 1h | 0.04431 | −0.056% | $191K | $152K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0092% | 4h | 0.04443 | +0.203% | $198K | $76K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0097% | 4h | 0.04431 | −0.068% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04435 | +0.022% | $20K | $79K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04437 | +0.063% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDTshort | +0.0100% | 4h | 0.04432 | −0.045% | $4.0M | $12.7M | 50x | |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04431 | −0.068% | $3.4M | $4.9M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Nado MEGA-PERP
BloFin MEGA-USDT
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Bybit MEGAUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04431 | −0.068% | $908K | $2.8M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04460 | +0.586% | $132K | $5K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04431 | −0.068% | $189K | $310K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04431 | −0.068% | $781K | $350K | 50x | as long as short |
| KuCoin MEGAUSDTMlong | +0.0100% | 4h | 0.04434 | long leg | $228K | $112K | 50x | |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04435 | +0.023% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04430 | −0.090% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04434 | 0.000% | $15K | $40K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04441 | +0.157% | $236K | $110K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04452 | +0.403% | $27K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04435 | +0.023% | $24K | $228K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04432 | −0.045% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04435 | +0.013% | $126K | $613K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04432 | −0.054% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0235% / S −0.5353% | 1h | 0.04430 | −0.081% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.1346% | 1h | 0.04445 | +0.239% | $7.6M | $2.3M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1510% | 1h | 0.04440 | +0.129% | $107 | $15 | 25x | as long as short |
| Lighter MEGA | +0.1560% | 1h | 0.04453 | +0.429% | $599K | $299K | 3x | as long as short |
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL
Lighter MEGA