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

MEGA

All MEGA markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
OKX SpotMEGA-USDT
0.04536spotno funding——$1.0M1xBuy OKX Spot
SHORT
OKXMEGA-USDT-SWAP
0.04531+0.0016get 0.0008% / 4h3h 48m$1.1M$3.5M20xShort OKX
Price gap−0.110%
Funding gap+0.0016% /8h

Funding trade: $0 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$18+0.0016% /8h now · paid +0.176% over the last 7D
Price+$1spread −0.110% now, avg −0.121% → +0.011% if it goes back
Costs−$1431.426% of $10k · taker + slippage, in and out
Result−$124−1.24%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.110%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MEGA on 24 exchanges

lowest funding first

Before you open

1 ok · 2 to watch
  • Watch: Thin at this size37.3 / 28.2 bp
    At $10k entering OKX Spot costs 37.3 bp, fee and slippage, 1.3× OKX’s.
  • Note: Spot in full, margin on the short$10,000 + $500
    The spot leg is bought with the whole $10k; OKX runs at up to 20x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on OKX.
  • OK: Only the short pays funding— / 4h
    The spot leg pays no funding; OKX settles every 4h.
    Next 24h at the current rates, on $10k a leg: +$0.47Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, +$0.47.
  • Note: Gap at its usual level−0.110% vs −0.121%
    The price leg adds little either way.
  • Note: Spot has no open interest$1.1M OI
    Only OKX reports one; the spot book's depth is in the cost check above.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCOKX Spot Yes · OKX Yes
    Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0084%/8h × 21 periods+$17.59
Price spread−0.110% → −0.121% (7d avg)+$1.07
Slippage, 4 orderslive order books−$112.58
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$123.91
Costs to cover1.426%Break-even56.3 days
Slippage: OKX Spot: live order book, 12 min ago; OKX: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX Spot3.3437.3 bp−$37940.7 bp−$9,407doesn’t fitdoesn’t fit
SELL · SHORTOKX3.3328.2 bp−$28doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

MEGA news

posts that mention MEGA, from every exchange
09-28 19:25AvantisOtherWeek 2 is going to hit harder. Bigger pool. Sharper week. Exciting surprises on the way (including a MEGA boost today). @verantaxyz on X ↗