Funding you earn now, next payment 00:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.28 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against MEXC+0.249%7-day average +0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$600.596% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 3 days (all we have)+3.681%+$368 · spread now +0.249%, 7d avg +0.121%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.128% dearer against MEXC than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.121%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MEGA_USDT | 0.04417 | 0.0100 | pay 0.0050% / 4h | 2h 44m | $773K | $351K | 50x |
| Short | BloFin MEGA-USDT | 0.04428 | 0.0156 | get 0.0078% / 4h | 2h 44m | $198K | $75K | 50x |
MEXC MEGA_USDT
BloFin MEGA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- $11.71
- Price spread: +0.249% → +0.121%
- $12.8
- Slippage, 4 orders
- −$47.57
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$35.07
- Costs to cover
- 0.596%
- Break-even
- 28.0 days
Slippage from MEXC: live order book, 39 min ago; BloFin: live order book, 37 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 MEXC live order book, 39 min ago | 1.12 bp | 9.4 bp −$9 | 59.2 bp −$592 | 212.9 bp −$21.3K | doesn't fit |
| Sell BloFin live order book, 37 min ago | 3.36 bp | 23.3 bp −$23 | 65.5 bp −$655 | 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 | −0.378% | $5K | $11K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04418 | +0.014% | $12K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04425 | +0.181% | $20K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0080% | 1h | 0.04419 | +0.034% | $191K | $151K | 2x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0097% | 4h | 0.04419 | +0.045% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04419 | +0.041% | $19K | $80K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04419 | +0.052% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04417 | 0.000% | $3.9M | $12.7M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04415 | −0.045% | $3.4M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04415 | −0.045% | $904K | $2.8M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Nado MEGA-PERP
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | +0.0100% | 1h | 0.04450 | +0.747% | $131K | $5K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04416 | −0.023% | $188K | $310K | 20x | as long as short |
| MEXC MEGA_USDTlong | +0.0100% | 4h | 0.04417 | long leg | $773K | $351K | 50x | |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04420 | +0.068% | $228K | $112K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04419 | +0.045% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04415 | −0.045% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04422 | +0.113% | $15K | $39K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04419 | +0.034% | $235K | $109K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04425 | +0.181% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04421 | +0.091% | $24K | $229K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04420 | +0.068% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04417 | +0.002% | $126K | $613K | 5x | as long as short |
| BloFin MEGA-USDTshort | +0.0156% | 4h | 0.04428 | +0.249% | $198K | $75K | 50x | |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04421 | +0.082% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0235% / S −0.5353% | 1h | 0.04417 | +0.007% | $3K | — | 45x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1266% | 1h | 0.04426 | +0.201% | $107 | $15 | 25x | as long as short |
| Hyperliquid MEGA | +0.1294% | 1h | 0.04428 | +0.256% | $7.5M | $2.4M | 3x | as long as short |
| Lighter MEGA | +0.1720% | 1h | 0.04437 | +0.453% | $597K | $299K | 3x | as long as short |
Bulk MEGA-USD
Gate MEGA_USDT
KuCoin MEGAUSDTM
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]
Deribit MEGA_USDC-PERPETUAL
Hyperliquid MEGA
Lighter MEGA