Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against OKX+0.058%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1631.630% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.058%, 7d avg −0.013%
=Together, before fees−0.126%+ Points / potential airdropExtended: Active · farm board−$13 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: Extended is 0.071% dearer against OKX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MEGA-USDT-SWAP | 0.04589 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $936K | $3.2M | 20x |
| Short | Extended MEGA-USD | 0.04592 | 0.0104 | get 0.0013% / 1h | 32m 45s | $129K | $821K | 5x |
OKX MEGA-USDT-SWAP
Extended MEGA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: +0.058% → −0.013%
- $7.1
- Slippage, 4 orders
- −$147.96
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$155.02
- Costs to cover
- 1.630%
- Break-even
- 1298.9 days
Slippage from OKX: live order book, 4 min ago; Extended: live order book, 20 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, 4 min ago | 2.17 bp | 27.1 bp −$27 | 147.2 bp −$1,472 | doesn't fit | doesn't fit |
| Sell Extended live order book, 20 min ago | 5.44 bp | 54.3 bp −$54 | 303.2 bp −$3,032 | 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 | −0.0680% | 1h | 0.04589 | +0.011% | $5K | $12K | 50x | as long as short |
| Bybit MEGAUSDT | −0.0101% | 4h | 0.04591 | +0.044% | $3.5M | $5.8M | 20x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04606 | +0.370% | $21K | $7K | 5x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04592 | +0.060% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0080% | 1h | 0.04593 | +0.076% | $198K | $144K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04592 | +0.069% | $19K | $91K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04594 | +0.109% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04595 | +0.121% | $4.1M | $13.7M | 50x | as long as short |
| OKX MEGA-USDT-SWAPlong | +0.0100% | 4h | 0.04589 | long leg | $936K | $3.2M | 20x | |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04599 | +0.208% | $136K | $111 | 10x | as long as short |
Coinbase International MEGA-PERP-INTX
Bybit MEGAUSDT
Phoenix MEGA
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bulk MEGA-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.0100% | 4h | 0.04591 | +0.044% | $204K | $326K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04592 | +0.065% | $805K | $375K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04592 | +0.065% | $234K | $119K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04592 | +0.065% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04591 | +0.044% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04599 | +0.222% | $325K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04595 | +0.131% | $29K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04610 | +0.458% | $24K | $230K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04592 | +0.065% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04591 | +0.044% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USDshort | +0.0104% | 1h | 0.04592 | +0.058% | $129K | $821K | 5x | |
| BloFin MEGA-USDT | +0.0120% | 4h | 0.04595 | +0.131% | $203K | $95K | 50x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0124% | 1h | 0.04596 | +0.153% | $19K | $53K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04591 | +0.037% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0238% / S −0.5353% | 1h | 0.04591 | +0.054% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.0331% | 1h | 0.04601 | +0.261% | $7.9M | $2.6M | 3x | as long as short |
| Lighter MEGA | +0.0880% | 1h | 0.04615 | +0.567% | $653K | $341K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1165% | 1h | 0.04599 | +0.220% | $111 | $15 | 25x | as long as short |
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
BloFin MEGA-USDT
Backpack MEGA_USDC_PERP
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL