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 0.000%
Price spread now: Bitget against KuCoin−0.022%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$612as in the Funding arb table
Net, price: spread back to 7d avg − costs−$612as in the Price arb table
costs, in and out, $10k−$6126.116% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.022%, 7d avg −0.015%
Together, before fees+0.009%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MEGAUSDTM0.046390.0100pay 0.0050% / 4h30m 54s$238K$119K50x
ShortBitget MEGAUSDT0.046380.0100get 0.0050% / 4h30m 54s$1.1M$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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% → −0.015%
−$0.62
Slippage, 4 orders
−$587.63
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$612.26
Costs to cover
6.116%
Break-even
never at this rate
Slippage from KuCoin: live order book, 50 min ago; Bitget: live order book, 6 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 KuCoin live order book, 50 min ago17.46 bp259.3 bp −$259doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 6 min ago7.63 bp30.2 bp −$30144.8 bp −$1,448doesn'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−0.0744%1h0.04589−1.067%$5K$13K50xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04620−0.413%$1K150xas long as short
Nado MEGA-PERP+0.0054%1h0.04621−0.388%$200K$142K2xas long as short
Hyperliquid MEGA+0.0100%1h0.04640+0.024%$8.0M$2.6M3xas long as short
Aster MEGAUSDT+0.0100%4h0.04632−0.142%$19K$90K5xas long as short
Pacifica MEGA+0.0100%1h0.04622−0.360%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04638−0.022%$4.1M$13.6M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04638−0.022%$3.6M$5.7M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04635−0.086%$950K$3.2M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04590−1.056%$136K$4K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04636−0.065%$201K$321K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04641+0.043%$819K$375K50xas long as short
KuCoin MEGAUSDTMlong+0.0100%4h0.04639long leg$238K$119K50x
Bitget MEGAUSDTshort+0.0100%4h0.04638−0.022%$1.1M$1.5M50x
BingX MEGA-USDT+0.0100%4h0.04635−0.086%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04617−0.470%$326K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04598−0.888%$21K$1.8M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04621−0.388%$24K$230K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04620−0.410%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04619−0.431%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04639+0.006%$132K$824K5xas long as short
BloFin MEGA-USDT+0.0116%4h0.04603−0.776%$203K$95K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04620−0.404%$33xas long as short
Phoenix MEGA+0.0176%1h0.04613−0.560%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0238% / S −0.5353%1h0.04621−0.399%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0461%1h0.04635−0.086%$19K$50K5xas long as short
Lighter MEGA+0.0552%1h0.04643+0.086%$657K$340K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0767%1h0.04625−0.293%$112$1525xas long as short