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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.1007%/8h= +110.3% APRpaid last 24h +0.350%
Price spread now: Deribit against SunX+0.138%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Deribit is 0.138% dearer against SunX than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX MEGA-USDT0.044950.0100pay 0.0050% / 4h2h 32m$1K$1.9M10x
ShortDeribit MEGA_USDC-PERPETUAL0.045010.1107get 0.0138% / 1h32m 20s$109$1525x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$211.48
Price spread: +0.138% → 0.000%
$13.79
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$210.27
Costs to cover
0.150%
Break-even
0.0 days
Slippage unknown: SunX: live order book, 4 min ago; Deribit: 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 SunX live order book, 4 min ago266.11 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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−0.0048%1h0.04589+2.102%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04499+0.089%$1K150xas long as short
Bybit MEGAUSDT+0.0032%4h0.04498+0.067%$3.4M$5.9M20xas long as short
BloFin MEGA-USDT+0.0044%4h0.04489−0.133%$198K$93K50xas long as short
Nado MEGA-PERP+0.0059%1h0.04501+0.145%$194K$141K2xas long as short
Aster MEGAUSDT+0.0100%4h0.04500+0.121%$18K$91K5xas long as short
Pacifica MEGA+0.0100%1h0.04507+0.258%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04502+0.154%$4.0M$13.8M50xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.044950.000%$913K$3.1M20xas long as short
Gate MEGA_USDT+0.0100%4h0.04502+0.156%$201K$330K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MEGA_USDT+0.0100%4h0.04499+0.089%$791K$393K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04500+0.111%$227K$120K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04500+0.111%$1.0M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04497+0.044%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04502+0.156%$18K$55K5xas long as short
Variational Omni MEGA+0.0100%4h0.04520+0.563%$319K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04518+0.512%$20K$1.8M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04524+0.645%$23K$228K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04498+0.067%$3K$2K10xas long as short
SunX MEGA-USDTlong+0.0100%4h0.04495long leg$1K$1.9M10x
Bulk MEGA-USD+0.0100%1h0.04501+0.124%$133K$11110xas long as short
Extended MEGA-USD+0.0104%1h0.04502+0.151%$126K$429K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04496+0.029%$33xas long as short
Phoenix MEGA+0.0177%1h0.04522+0.601%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04499+0.085%$3K45xas long as short
Lighter MEGA+0.0432%1h0.04527+0.712%$617K$366K3xas long as short
Hyperliquid MEGA+0.0523%1h0.04507+0.271%$7.8M$2.6M3xas long as short
Deribit MEGA_USDC-PERPETUALshort+0.1107%1h0.04501+0.138%$109$1525x