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 0.000%
Price spread now: Bulk against SunX−0.542%7-day average −0.022% · 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 4 days (all we have)+0.001%$0 on $10k
Price spread, last 4 days (all we have)−3.186%−$319 · spread now −0.542%, 7d avg −0.022%
Together, before fees−3.185%−$318 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: Bulk is 0.520% cheaper against SunX than usual: you would sell low and buy high, −$52 on $10k if it goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX MEGA-USDT0.046150.0100pay 0.0050% / 4h32m 30s$2K$1.9M10x
ShortBulk MEGA-USD0.045900.0100get 0.0013% / 1h32m 30s$136K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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

Funding earned
$0
Price spread: −0.542% → −0.022%
−$52.02
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$67.02
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 3 min ago; Bulk: live order book, 26 min ago. 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 SunX live order book, 3 min ago515.67 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bulk live order book, 26 min ago10.98 bp43.7 bp −$44122.0 bp −$1,220doesn't fitdoesn't fit

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%1h0.04589−0.553%$5K$13K50xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04614−0.022%$1K150xas long as short
Nado MEGA-PERP+0.0052%1h0.04613−0.043%$200K$142K2xas long as short
BloFin MEGA-USDT+0.0096%4h0.04603−0.260%$203K$95K50xas long as short
Hyperliquid MEGA+0.0100%1h0.04624+0.193%$8.0M$2.6M3xas long as short
Aster MEGAUSDT+0.0100%4h0.04605−0.225%$19K$90K5xas long as short
Pacifica MEGA+0.0100%1h0.04620+0.104%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04618+0.066%$4.1M$13.6M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04614−0.022%$3.6M$5.7M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04614−0.022%$946K$3.2M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk MEGA-USDshort+0.0100%1h0.04590−0.542%$136K$4K10x
Gate MEGA_USDT+0.0100%4h0.04617+0.043%$200K$321K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04618+0.065%$810K$374K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04618+0.065%$237K$119K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04617+0.043%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04618+0.065%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04585−0.646%$324K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04598−0.373%$21K$1.8M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04599−0.347%$24K$230K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04614−0.022%$3K$2K10xas long as short
SunX MEGA-USDTlong+0.0100%4h0.04615long leg$2K$1.9M10x
Extended MEGA-USD+0.0104%1h0.04618+0.072%$131K$824K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04614−0.027%$33xas long as short
Phoenix MEGA+0.0176%1h0.04596−0.412%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0238% / S −0.5353%1h0.04614−0.030%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0440%1h0.04624+0.195%$20K$50K5xas long as short
Lighter MEGA+0.0536%1h0.04643+0.607%$657K$340K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1158%1h0.04623+0.169%$112$1525xas long as short