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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0059%/8h= +6.5% APRpaid last 24h +0.018%
Price spread now: Reya against MEXC+0.050%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Reya is 0.050% dearer against MEXC than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC MEGA_USDT0.046670.0100pay 0.0050% / 4h1h 58m$749K$389K50x
ShortReya MEGARUSDPERP0.046690.0159get 0.0020% / 1h58m 01s$33x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$12.38
Price spread: +0.050% → 0.000%
$5.03
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Reya: 3 bp × 2 orders
−$6
Net
$11.41
Costs to cover
0.060%
Break-even
0.5 days
Slippage unknown: MEXC: live order book, 49 min ago; Reya: 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 MEXC live order book, 49 min ago1.07 bp10.1 bp −$1075.7 bp −$757270.2 bp −$27.0Kdoesn't fit
Sell Reya no order-book sample
Reya: 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 exchanges

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−0.0328%1h0.04589−1.661%$5K$12K50xas long as short
Bybit MEGAUSDT−0.0290%4h0.04656−0.236%$3.6M$5.5M20xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04671+0.096%$1K150xas long as short
BloFin MEGA-USDT+0.0080%4h0.04688+0.450%$208K$82K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04669+0.043%$3K$2K10xas long as short
Hyperliquid MEGA+0.0100%1h0.04678+0.234%$8.1M$2.4M3xas long as short
Aster MEGAUSDT+0.0100%4h0.04674+0.144%$21K$90K5xas long as short
Pacifica MEGA+0.0100%1h0.04677+0.208%$14K$10K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04673+0.120%$4.1M$12.9M50xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04663−0.086%$938K$3.1M20xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk MEGA-USD+0.0100%1h0.04685+0.377%$138K−$010xas long as short
Gate MEGA_USDT+0.0100%4h0.04673+0.129%$208K$321K20xas long as short
MEXC MEGA_USDTlong+0.0100%4h0.04667long leg$749K$389K50x
KuCoin MEGAUSDTM+0.0100%4h0.04660−0.150%$251K$112K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04664−0.064%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04664−0.064%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04673+0.129%$19K$51K5xas long as short
Variational Omni MEGA+0.0100%4h0.04673+0.137%$339K$229Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04685+0.386%$22K$2.2M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04681+0.300%$24K$225K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04673+0.129%$2K$1.7M10xas long as short
Extended MEGA-USD+0.0104%1h0.04664−0.054%$131K$794K5xas long as short
Nado MEGA-PERP+0.0129%1h0.04674+0.150%$201K$136K2xas long as short
Reya MEGARUSDPERPshort+0.0159%1h0.04669+0.050%$33x
Phoenix MEGA+0.0170%1h0.04685+0.386%$21K$6K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0238% / S −0.5353%1h0.04679+0.259%$3K45xas long as short
Lighter MEGA+0.0304%1h0.04695+0.600%$637K$404K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0521%1h0.04675+0.180%$113$1525xas long as short