Funding arb · Price arb /

MEGA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against SunX+0.022%73s7-day average −0.038% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)−1.487%−$149 · spread now +0.022%, 7d avg −0.038%

Together, before fees−1.487%−$149 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: ApeX Omni is 0.060% dearer against SunX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.038%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX MEGA-USDT	0.04569	0.0100	pay 0.0050% / 4h	3h 20m	$2K	$1.9M	10x
Short	ApeX Omni MEGAUSDT	0.04570	0.0100	get 0.0013% / 1h	20m 11s	$25K	$230K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against SunX. 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

Position, each leg$Hold fordaysFee SunXbpFee ApeX OmnibpOrdersPrice spread, now +0.022%Rate

Funding earned: $0
Price spread: +0.022% → −0.038%: $5.98
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$12.02
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 6 min ago; ApeX Omni: live order book, 51 min ago. Net counts fees only.

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 SunX live order book, 6 min ago	502.19 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 51 min ago	8.87 bp	16.6 bp −$17	137.2 bp −$1,372	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	−0.0048%	1h	0.04490	−1.720%	$5K	$12K	50x	as long as short
gTrade (Gains Network) MEGA/USD	L −0.0018% / S +0.0023%	1h	0.04570	+0.023%	$12K	—	150x	as long as short
Phoenix MEGA	0.0000%	1h	0.04575	+0.131%	$21K	$7K	5x	as long as short
Nado MEGA-PERP	+0.0040%	1h	0.04567	−0.044%	$197K	$137K	2x	as long as short
Aster MEGAUSDT	+0.0100%	4h	0.04567	−0.037%	$20K	$87K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	0.04561	−0.179%	$14K	$9K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04570	+0.022%	$4.0M	$13.2M	50x	as long as short
Bybit MEGAUSDT	+0.0100%	4h	0.04567	−0.044%	$3.5M	$5.3M	20x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04566	−0.066%	$931K	$3.0M	20x	as long as short
Gate MEGA_USDT	+0.0100%	4h	0.04570	+0.022%	$200K	$313K	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC MEGA_USDT	+0.0100%	4h	0.04570	+0.022%	$846K	$361K	50x	as long as short
KuCoin MEGAUSDTM	+0.0100%	4h	0.04570	+0.022%	$240K	$116K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	0.04569	0.000%	$1.1M	$1.5M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04566	−0.066%	—	$1.7M	—	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04564	−0.115%	$322K	$227K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04567	−0.044%	$21K	$1.7M	10x	as long as short
ApeX Omni MEGAUSDTshort	+0.0100%	1h	0.04570	+0.022%	$25K	$230K	50x
Orderly PERP_MEGA_USDC	+0.0100%	4h	0.04570	+0.022%	$3K	$2K	10x	as long as short
SunX MEGA-USDTlong	+0.0100%	4h	0.04569	long leg	$2K	$1.9M	10x
Bulk MEGA-USD	+0.0100%	1h	0.04540	−0.631%	$134K	$4K	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04569	−0.001%	$132K	$819K	5x	as long as short
BloFin MEGA-USDT	+0.0128%	4h	0.04569	0.000%	$198K	$78K	50x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	0.04566	−0.070%	$3	—	3x	as long as short
Backpack MEGA_USDC_PERP	+0.0209%	1h	0.04573	+0.088%	$18K	$41K	5x	as long as short
GMX MEGA/USD [ETH-USDC]	L +0.0237% / S −0.5353%	1h	0.04569	−0.004%	$3K	—	45x	as long as short
Lighter MEGA	+0.0912%	1h	0.04592	+0.503%	$646K	$325K	3x	as long as short
Hyperliquid MEGA	+0.1058%	1h	0.04581	+0.254%	$7.8M	$2.4M	3x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.2398%	1h	0.04582	+0.287%	$111	$15	25x	as long as short