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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0691%/8h= +75.7% APRpaid last 24h +0.348%
Price spread now: Deribit against KuCoin+0.142%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Deribit is 0.142% dearer against KuCoin than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MEGAUSDTM0.045120.0100pay 0.0050% / 4h1h 39m$226K$120K50x
ShortDeribit MEGA_USDC-PERPETUAL0.045180.0791get 0.0099% / 1h39m 02s$109$1525x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$145.17
Price spread: +0.142% → 0.000%
$14.18
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$140.35
Costs to cover
0.190%
Break-even
0.2 days
Slippage unknown: KuCoin: live order book, 2 min ago; Deribit: no order-book sample. 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 KuCoin live order book, 2 min ago13.30 bp214.4 bp −$214doesn't fitdoesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04513+0.020%$1K150xas long as short
Nado MEGA-PERP+0.0062%1h0.04512−0.011%$194K$142K2xas long as short
Bybit MEGAUSDT+0.0090%4h0.045120.000%$3.4M$5.9M20xas long as short
Lighter MEGA+0.0096%1h0.04530+0.399%$607K$377K3xas long as short
Aster MEGAUSDT+0.0100%4h0.04513+0.013%$20K$96K5xas long as short
Pacifica MEGA+0.0100%1h0.04511−0.013%$14K$10K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04512+0.003%$4.0M$13.8M50xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04508−0.089%$912K$3.2M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04520+0.177%$133K$11110xas long as short
Gate MEGA_USDT+0.0100%4h0.04513+0.022%$203K$326K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MEGA_USDT+0.0100%4h0.04511−0.022%$775K$405K50xas long as short
KuCoin MEGAUSDTMlong+0.0100%4h0.04512long leg$226K$120K50x
Bitget MEGAUSDT+0.0100%4h0.04510−0.044%$1.0M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04510−0.044%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04511−0.029%$318K$227Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04516+0.089%$21K$1.9M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04514+0.044%$23K$228K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.045120.000%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04510−0.044%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04509−0.069%$126K$406K5xas long as short
BloFin MEGA-USDT+0.0149%4h0.04507−0.111%$199K$93K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04512+0.007%$33xas long as short
Phoenix MEGA+0.0176%1h0.04523+0.244%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04512+0.007%$3K45xas long as short
Hyperliquid MEGA+0.0366%1h0.04520+0.175%$7.8M$2.6M3xas long as short
Backpack MEGA_USDC_PERP+0.0383%1h0.04515+0.066%$18K$55K5xas long as short
Deribit MEGA_USDC-PERPETUALshort+0.0791%1h0.04518+0.142%$109$1525x
Coinbase International MEGA-PERP-INTX+0.0872%1h0.04589+1.718%$5K$12K50xas long as short