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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX+0.022%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1321.324% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 7 days+0.011%+$1 · spread now +0.022%, 7d avg +0.036%
Together, before fees−0.006%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MEGA-USDT-SWAP0.046020.0100pay 0.0050% / 4h54m 19s$942K$3.2M20x
ShortBinance MEGAUSDT0.046030.0100get 0.0050% / 4h54m 19s$4.1M$13.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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: +0.022% → +0.036%
−$1.38
Slippage, 4 orders
−$112.39
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$133.77
Costs to cover
1.324%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Binance: live order book, 16 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 OKX live order book, 3 min ago3.29 bp44.7 bp −$45179.4 bp −$1,794doesn't fitdoesn't fit
Sell Binance live order book, 16 min ago2.18 bp25.9 bp −$26111.2 bp −$1,112doesn't fitdoesn'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−0.0744%1h0.04490−2.425%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04603+0.019%$1K150xas long as short
Nado MEGA-PERP+0.0002%1h0.04604+0.043%$200K$142K2xas long as short
Aster MEGAUSDT+0.0100%4h0.04601−0.022%$18K$90K5xas long as short
Pacifica MEGA+0.0100%1h0.04600−0.041%$14K$9K3xas long as short
Binance MEGAUSDTshort+0.0100%4h0.04603+0.022%$4.1M$13.6M50x
Bybit MEGAUSDT+0.0100%4h0.046020.000%$3.6M$5.6M20xas long as short
OKX MEGA-USDT-SWAPlong+0.0100%4h0.04602long leg$942K$3.2M20x
Gate MEGA_USDT+0.0100%4h0.04606+0.087%$200K$319K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04607+0.109%$828K$368K50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MEGAUSDTM+0.0100%4h0.04608+0.130%$231K$117K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04608+0.130%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.046020.000%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04587−0.332%$323K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04564−0.826%$24K$1.8M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04563−0.847%$24K$231K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.046020.000%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04590−0.261%$1K$1.9M10xas long as short
Bulk MEGA-USD+0.0100%1h0.04550−1.130%$134K$4K10xas long as short
Extended MEGA-USD+0.0104%1h0.04596−0.121%$128K$823K5xas long as short
BloFin MEGA-USDT+0.0155%4h0.04584−0.391%$204K$95K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04604+0.039%$33xas long as short
Phoenix MEGA+0.0175%1h0.04550−1.130%$21K$7K5xas long as short
Hyperliquid MEGA+0.0213%1h0.04613+0.230%$8.0M$2.6M3xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0238% / S −0.5353%1h0.04604+0.043%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0323%1h0.046020.000%$18K$47K5xas long as short
Lighter MEGA+0.0552%1h0.04622+0.435%$654K$335K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.2034%1h0.04607+0.104%$111$1525xas long as short