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

MEGA

all MEGA markets
SwapBacktest
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: Bulk against MEXC+0.503%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$690.694% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.552%−$55 · spread now +0.503%, 7d avg +0.046%
Together, before fees−0.553%−$55 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.457% dearer against MEXC than usual: you sell high and buy low, +$46 on $10k if it goes back to its 7-day average of +0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC MEGA_USDT0.044770.0100pay 0.0050% / 4h2h 13m$772K$356K50x
ShortBulk MEGA-USD0.045000.0100get 0.0013% / 1h13m 27s$133K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against MEXC. 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: +0.503% → +0.046%
$45.74
Slippage, 4 orders
−$62.36
Fee MEXC: 0 bp × 2 orders
$0
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$23.62
Costs to cover
0.694%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; Bulk: live order book, 10 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 MEXC live order book, 2 min ago4.46 bp11.6 bp −$1250.7 bp −$507173.8 bp −$17.4Kdoesn't fit
Sell Bulk live order book, 10 min ago11.20 bp14.7 bp −$1527.7 bp −$277303.3 bp −$30.3Kdoesn'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−0.0288%1h0.04490+0.299%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04478+0.021%$12K150xas long as short
Phoenix MEGA0.0000%1h0.04485+0.179%$20K$7K5xas long as short
Nado MEGA-PERP+0.0047%1h0.04473−0.101%$193K$150K2xas long as short
Orderly PERP_MEGA_USDC+0.0098%4h0.044770.000%$3K$2K10xas long as short
Aster MEGAUSDT+0.0100%4h0.04477−0.010%$20K$80K5xas long as short
Pacifica MEGA+0.0100%1h0.04479+0.045%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04477−0.006%$4.0M$12.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04475−0.045%$3.4M$4.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04474−0.067%$916K$2.9M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk MEGA-USDshort+0.0100%1h0.04500+0.503%$133K$5K10x
Gate MEGA_USDT+0.0100%4h0.044770.000%$191K$311K20xas long as short
MEXC MEGA_USDTlong+0.0100%4h0.04477long leg$772K$356K50x
KuCoin MEGAUSDTM+0.0100%4h0.04480+0.067%$236K$112K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04476−0.022%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04475−0.045%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04477−0.004%$238K$109Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04487+0.215%$21K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04479+0.045%$24K$229K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04480+0.067%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04476−0.024%$127K$613K5xas long as short
BloFin MEGA-USDT+0.0140%4h0.044770.000%$196K$76K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04472−0.105%$33xas long as short
Backpack MEGA_USDC_PERP+0.0212%1h0.04482+0.112%$18K$41K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0236% / S −0.5353%1h0.04477−0.009%$3K45xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1023%1h0.04483+0.143%$108$1525xas long as short
Hyperliquid MEGA+0.1176%1h0.04487+0.221%$7.6M$2.4M3xas long as short
Lighter MEGA+0.2768%1h0.04498+0.469%$622K$327K3xas long as short