Funding arb · Price arb /

MEGA

all MEGA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against SunX0.000%7-day average −0.077% · you sell dearer than you buy

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

Long on SunX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.037%−$4 on $10k

Price spread, last 3 days (all we have)−1.840%−$184 · spread now 0.000%, 7d avg −0.077%

Together, before fees−1.877%−$188 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: MEXC is 0.077% dearer against SunX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.077%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX MEGA-USDT	0.04515	0.0100	pay 0.0050% / 4h	10m 15s	$1K	$1.9M	10x
Short	MEXC MEGA_USDT	0.04515	0.0100	get 0.0050% / 4h	10m 15s	$769K	$355K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.077%: $7.66
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: −$0.34
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 5 min ago; MEXC: live order book, 60 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, 5 min ago	501.27 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 60 min ago	1.12 bp	3.3 bp −$3	34.2 bp −$342	232.5 bp −$23.3K	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
gTrade (Gains Network) MEGA/USD	L −0.0018% / S +0.0023%	1h	0.04514	−0.017%	$12K	—	150x	as long as short
Orderly PERP_MEGA_USDC	+0.0100%	4h	0.04516	+0.022%	$3K	$2K	10x	as long as short
Aster MEGAUSDT	+0.0100%	4h	0.04516	+0.019%	$18K	$83K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	0.04513	−0.040%	$14K	$9K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04518	+0.066%	$3.9M	$12.9M	50x	as long as short
Bybit MEGAUSDT	+0.0100%	4h	0.04514	−0.022%	$3.5M	$4.9M	20x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04513	−0.044%	$920K	$2.9M	20x	as long as short
Bulk MEGA-USD	+0.0100%	1h	0.04520	+0.111%	$133K	$4K	10x	as long as short
Gate MEGA_USDT	+0.0100%	4h	0.04512	−0.066%	$196K	$313K	20x	as long as short
MEXC MEGA_USDTshort	+0.0100%	4h	0.04515	0.000%	$769K	$355K	50x

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MEGAUSDTM	+0.0100%	4h	0.04517	+0.044%	$238K	$114K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	0.04518	+0.066%	$1.1M	$1.4M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04513	−0.044%	—	$1.7M	—	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04504	−0.236%	$226K	$133K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04506	−0.210%	$21K	$1.7M	10x	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	0.04501	−0.310%	$25K	$231K	50x	as long as short
SunX MEGA-USDTlong	+0.0100%	4h	0.04515	long leg	$1K	$1.9M	10x
Nado MEGA-PERP	+0.0104%	1h	0.04515	+0.011%	$195K	$135K	2x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04516	+0.014%	$128K	$613K	5x	as long as short
BloFin MEGA-USDT	+0.0140%	4h	0.04508	−0.155%	$195K	$76K	50x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	0.04515	−0.003%	$3	—	3x	as long as short
GMX MEGA/USD [ETH-USDC]	L +0.0236% / S −0.5353%	1h	0.04516	+0.013%	$3K	—	45x	as long as short
Coinbase International MEGA-PERP-INTX	+0.0296%	1h	0.04490	−0.545%	$5K	$12K	50x	as long as short
Phoenix MEGA	+0.0355%	1h	0.04514	−0.022%	$21K	$7K	5x	as long as short
Backpack MEGA_USDC_PERP	+0.0423%	1h	0.04512	−0.066%	$18K	$41K	5x	as long as short
Hyperliquid MEGA	+0.0939%	1h	0.04523	+0.173%	$7.7M	$2.4M	3x	as long as short
Lighter MEGA	+0.1320%	1h	0.04540	+0.554%	$638K	$320K	3x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.1874%	1h	0.04528	+0.297%	$110	$15	25x	as long as short