Funding arb · Price arb /

MEGA

all MEGA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Pacifica against KuCoin+0.180%46s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Pacifica

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.180% dearer against KuCoin than usual: you sell high and buy low, +$18 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MEGAUSDTM	0.04440	0.0100	pay 0.0050% / 4h	2h 57m	$229K	$112K	50x
Short	Pacifica MEGA	0.04448	0.0100	get 0.0013% / 1h	57m 53s	$14K	$10K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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

Position, each leg$Hold fordaysFee KuCoinbpFee PacificabpOrdersPrice spread, now +0.180%Rate

Funding earned: $0
Price spread: +0.180% → 0.000%: $18.02
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$1.98
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 22 min ago; Pacifica: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 22 min ago	12.32 bp	297.2 bp −$297	doesn't fit	doesn't fit	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

Pacifica: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International MEGA-PERP-INTX	−0.0288%	1h	0.04400	−0.894%	$5K	$11K	50x	as long as short
gTrade (Gains Network) MEGA/USD	L −0.0018% / S +0.0023%	1h	0.04442	+0.035%	$12K	—	150x	as long as short
Phoenix MEGA	0.0000%	1h	0.04461	+0.473%	$20K	$6K	5x	as long as short
Nado MEGA-PERP	+0.0030%	1h	0.04446	+0.135%	$192K	$158K	2x	as long as short
BloFin MEGA-USDT	+0.0060%	4h	0.04454	+0.315%	$198K	$76K	50x	as long as short
Orderly PERP_MEGA_USDC	+0.0097%	4h	0.04439	−0.023%	$3K	$2K	10x	as long as short
Aster MEGAUSDT	+0.0100%	4h	0.04440	+0.006%	$20K	$81K	5x	as long as short
Pacifica MEGAshort	+0.0100%	1h	0.04448	+0.180%	$14K	$10K	3x
Binance MEGAUSDT	+0.0100%	4h	0.04437	−0.068%	$4.0M	$12.8M	50x	as long as short
Bybit MEGAUSDT	+0.0100%	4h	0.04435	−0.113%	$3.4M	$4.9M	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04434	−0.135%	$908K	$2.9M	20x	as long as short
Bulk MEGA-USD	+0.0100%	1h	0.04460	+0.450%	$132K	$5K	10x	as long as short
Gate MEGA_USDT	+0.0100%	4h	0.04436	−0.090%	$189K	$310K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	0.04436	−0.090%	$782K	$349K	50x	as long as short
KuCoin MEGAUSDTMlong	+0.0100%	4h	0.04440	long leg	$229K	$112K	50x
Bitget MEGAUSDT	+0.0100%	4h	0.04438	−0.045%	$1.1M	$1.4M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04436	−0.090%	—	$1.7M	—	as long as short
Backpack MEGA_USDC_PERP	+0.0100%	1h	0.04439	−0.023%	$14K	$41K	5x	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04458	+0.407%	$241K	$107K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04458	+0.405%	$22K	$1.7M	10x	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	0.04459	+0.428%	$24K	$228K	50x	as long as short
SunX MEGA-USDT	+0.0100%	4h	0.04445	+0.113%	$1K	$1.9M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04437	−0.068%	$126K	$613K	5x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	0.04444	+0.092%	$3	—	3x	as long as short
GMX MEGA/USD [ETH-USDC]	L +0.0235% / S −0.5353%	1h	0.04440	+0.002%	$3K	—	45x	as long as short
Hyperliquid MEGA	+0.0847%	1h	0.04448	+0.191%	$7.6M	$2.4M	3x	as long as short
Lighter MEGA	+0.1128%	1h	0.04462	+0.495%	$600K	$299K	3x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.1349%	1h	0.04447	+0.164%	$108	$15	25x	as long as short