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
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%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MEGA-USDT-SWAP | 0.04602 | 0.0100 | pay 0.0050% / 4h | 54m 19s | $942K | $3.2M | 20x |
| Short | Binance MEGAUSDT | 0.04603 | 0.0100 | get 0.0050% / 4h | 54m 19s | $4.1M | $13.6M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 3 min ago | 3.29 bp | 44.7 bp −$45 | 179.4 bp −$1,794 | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 2.18 bp | 25.9 bp −$26 | 111.2 bp −$1,112 | 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 | −0.0744% | 1h | 0.04490 | −2.425% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04603 | +0.019% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0002% | 1h | 0.04604 | +0.043% | $200K | $142K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04601 | −0.022% | $18K | $90K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04600 | −0.041% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDTshort | +0.0100% | 4h | 0.04603 | +0.022% | $4.1M | $13.6M | 50x | |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04602 | 0.000% | $3.6M | $5.6M | 20x | as long as short |
| OKX MEGA-USDT-SWAPlong | +0.0100% | 4h | 0.04602 | long leg | $942K | $3.2M | 20x | |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04606 | +0.087% | $200K | $319K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04607 | +0.109% | $828K | $368K | 50x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04608 | +0.130% | $231K | $117K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04608 | +0.130% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04602 | 0.000% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04587 | −0.332% | $323K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04564 | −0.826% | $24K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04563 | −0.847% | $24K | $231K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04602 | 0.000% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04590 | −0.261% | $1K | $1.9M | 10x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04550 | −1.130% | $134K | $4K | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04596 | −0.121% | $128K | $823K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0155% | 4h | 0.04584 | −0.391% | $204K | $95K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04604 | +0.039% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0175% | 1h | 0.04550 | −1.130% | $21K | $7K | 5x | as long as short |
| Hyperliquid MEGA | +0.0213% | 1h | 0.04613 | +0.230% | $8.0M | $2.6M | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0238% / S −0.5353% | 1h | 0.04604 | +0.043% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0323% | 1h | 0.04602 | 0.000% | $18K | $47K | 5x | as long as short |
| Lighter MEGA | +0.0552% | 1h | 0.04622 | +0.435% | $654K | $335K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.2034% | 1h | 0.04607 | +0.104% | $111 | $15 | 25x | as long as short |
OKX MEGA-USDT-SWAP
Binance MEGAUSDT
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Aster MEGAUSDT
Pacifica MEGA
Bybit MEGAUSDT
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Bulk MEGA-USD
Extended MEGA-USD
BloFin MEGA-USDT
Phoenix MEGA
Hyperliquid MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL