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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0123%/8h= −13.4% APRnext payment $0.15 per $10,000 · paid last 24h −0.039%
Price spread now: gTrade (Gains Network) against Pacifica+0.600%7-day average · you sell dearer than you buy
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 3 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
The price spread pays, funding is against you. gTrade (Gains Network) is 0.600% dearer against Pacifica than usual: you sell high and buy low (spread +0.600% now, against zero (this spread has no 7-day history yet)): +$60 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 16 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica MEGA0.045300.0100pay 0.0013% / 1h7m 59s$14K$10K3x
ShortgTrade (Gains Network) MEGA/USD0.04557L +0.0001% / S +0.0023%pay 0.0003% / 1h7m 59s$1K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Pacifica. 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
−$25.77
Price spread: +0.600% → 0.000%
$59.96
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 6 bp × 2 orders
−$12
Net
$14.19
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Pacifica: no order-book sample; gTrade (Gains Network): 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 Pacifica no order-book sample
Sell gTrade (Gains Network) no order-book sample
Pacifica and gTrade (Gains Network): 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
gTrade (Gains Network) MEGA/USDshortL +0.0001% / S +0.0023%1h0.04557+0.600%$1K150x
Nado MEGA-PERP+0.0057%1h0.04551+0.483%$196K$141K2xas long as short
Lighter MEGA+0.0096%1h0.04572+0.936%$610K$382K3xas long as short
Aster MEGAUSDT+0.0100%4h0.04552+0.497%$20K$96K5xas long as short
Pacifica MEGAlong+0.0100%1h0.04530long leg$14K$10K3x
Binance MEGAUSDT+0.0100%4h0.04554+0.539%$4.0M$13.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04552+0.495%$3.5M$5.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04551+0.472%$918K$3.2M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04520−0.212%$133K$11110xas long as short
Gate MEGA_USDT+0.0100%4h0.04554+0.539%$206K$327K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MEGA_USDT+0.0100%4h0.04550+0.450%$772K$410K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04553+0.517%$227K$120K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04555+0.561%$1.0M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04550+0.450%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04534+0.101%$319K$227Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04540+0.231%$25K$1.9M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04538+0.185%$23K$228K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04553+0.517%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04535+0.119%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04553+0.511%$129K$410K5xas long as short
BloFin MEGA-USDT+0.0127%4h0.04534+0.097%$200K$94K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04551+0.478%$33xas long as short
Phoenix MEGA+0.0176%1h0.04520−0.212%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04556+0.592%$3K45xas long as short
Hyperliquid MEGA+0.0297%1h0.04559+0.645%$7.9M$2.6M3xas long as short
Backpack MEGA_USDC_PERP+0.0447%1h0.04558+0.627%$18K$55K5xas long as short
Coinbase International MEGA-PERP-INTX+0.0872%1h0.04589+1.322%$5K$12K50xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0936%1h0.04559+0.653%$110$1525xas long as short