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% APRpaid last 24h +0.002%
Price spread now: Pacifica against Orderly−0.444%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.444% cheaper against Orderly than usual: you would sell low and buy high, −$44 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_MEGA_USDC0.046140.0100pay 0.0050% / 4h32m 57s$3K$2K10x
ShortPacifica MEGA0.045930.0100get 0.0013% / 1h32m 57s$14K$9K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Orderly. 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: −0.444% → 0.000%
−$44.43
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$58.43
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Pacifica: 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 Orderly no order-book sample
Sell Pacifica no order-book sample
Orderly and Pacifica: 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 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%1h0.04589−0.531%$5K$13K50xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.046140.000%$1K150xas long as short
Nado MEGA-PERP+0.0056%1h0.04603−0.228%$200K$142K2xas long as short
BloFin MEGA-USDT+0.0096%4h0.04603−0.238%$203K$95K50xas long as short
Hyperliquid MEGA+0.0100%1h0.04626+0.251%$8.0M$2.6M3xas long as short
Aster MEGAUSDT+0.0100%4h0.04603−0.237%$19K$90K5xas long as short
Pacifica MEGAshort+0.0100%1h0.04593−0.444%$14K$9K3x
Binance MEGAUSDT+0.0100%4h0.04620+0.136%$4.1M$13.6M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04620+0.130%$3.6M$5.7M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04618+0.087%$945K$3.2M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk MEGA-USD+0.0100%1h0.04590−0.520%$136K$4K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04615+0.022%$200K$321K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04621+0.152%$811K$374K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04619+0.108%$237K$119K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04620+0.130%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04618+0.087%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04585−0.624%$324K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04598−0.351%$21K$1.8M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04599−0.325%$24K$230K50xas long as short
Orderly PERP_MEGA_USDClong+0.0100%4h0.04614long leg$3K$2K10x
SunX MEGA-USDT+0.0100%4h0.04615+0.022%$2K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04617+0.061%$131K$824K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04610−0.092%$33xas long as short
Phoenix MEGA+0.0176%1h0.04596−0.390%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0238% / S −0.5353%1h0.04614−0.009%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0440%1h0.04624+0.217%$20K$50K5xas long as short
Lighter MEGA+0.0536%1h0.04640+0.564%$656K$340K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1158%1h0.04623+0.191%$112$1525xas long as short