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

MEGA

all MEGA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0059%/8h= −6.4% APRnext payment $0.07 per $10,000 · paid last 24h −0.018%
Price spread now: Pacifica against Reya−0.099%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · Pacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Pacifica is 0.099% cheaper against Reya than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya MEGARUSDPERP0.045070.0159pay 0.0020% / 1h35m 04s$33x
ShortPacifica MEGA0.045030.0100get 0.0013% / 1h35m 04s$14K$9K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Reya. 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
−$12.33
Price spread: −0.099% → 0.000%
−$9.9
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$36.24
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Reya: 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 Reya no order-book sample
Sell Pacifica no order-book sample
Reya 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
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04503−0.081%$12K150xas long as short
Nado MEGA-PERP+0.0099%1h0.04507+0.012%$195K$135K2xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04506−0.021%$3K$2K10xas long as short
Aster MEGAUSDT+0.0100%4h0.04508+0.016%$18K$83K5xas long as short
Pacifica MEGAshort+0.0100%1h0.04503−0.099%$14K$9K3x
Binance MEGAUSDT+0.0100%4h0.04511+0.090%$3.9M$12.8M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04505−0.044%$3.5M$4.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04506−0.021%$920K$2.9M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04505−0.044%$133K$5K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04506−0.021%$193K$309K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MEGA_USDT+0.0100%4h0.04508+0.023%$770K$350K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04509+0.045%$237K$114K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04509+0.045%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04508+0.023%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04497−0.210%$226K$133Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04504−0.069%$21K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04499−0.177%$25K$230K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04509+0.045%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04505−0.048%$128K$613K5xas long as short
BloFin MEGA-USDT+0.0124%4h0.04504−0.066%$195K$77K50xas long as short
Reya MEGARUSDPERPlong+0.0159%1h0.04507long leg$33x
GMX MEGA/USD [ETH-USDC]L +0.0236% / S −0.5353%1h0.04505−0.055%$3K45xas long as short
Coinbase International MEGA-PERP-INTX+0.0296%1h0.04490−0.368%$5K$12K50xas long as short
Phoenix MEGA+0.0355%1h0.04504−0.066%$21K$7K5xas long as short
Backpack MEGA_USDC_PERP+0.0633%1h0.04513+0.134%$18K$41K5xas long as short
Hyperliquid MEGA+0.1145%1h0.04520+0.289%$7.7M$2.4M3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1459%1h0.04513+0.125%$109$1525xas long as short
Lighter MEGA+0.1536%1h0.04531+0.533%$637K$319K3xas long as short