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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.1922%/8h= +210.5% APRnext payment +$2.40 per $10,000 · paid last 24h +0.319%
Price spread now: Deribit against ApeX Omni+0.210%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 +$58 a day on $10k at the current rate, and Deribit is 0.210% dearer against ApeX Omni than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni MEGAUSDT0.045780.0100pay 0.0013% / 1h20m 51s$24K$229K50x
ShortDeribit MEGA_USDC-PERPETUAL0.045880.2022get 0.0253% / 1h20m 51s$111$1525x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against ApeX Omni. 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
$403.65
Price spread: +0.210% → 0.000%
$20.97
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$407.62
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 45 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 ApeX Omni live order book, 45 min ago9.75 bp18.6 bp −$19125.2 bp −$1,252doesn'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 27 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−0.0432%1h0.04490−1.913%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04577−0.022%$1K150xas long as short
Nado MEGA-PERP+0.0065%1h0.04578+0.011%$198K$140K2xas long as short
Aster MEGAUSDT+0.0100%4h0.04577−0.030%$18K$90K5xas long as short
Pacifica MEGA+0.0100%1h0.04582+0.076%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04573−0.105%$4.0M$13.5M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04569−0.197%$3.6M$5.4M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04570−0.175%$938K$3.1M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04585+0.152%$135K$4K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04573−0.109%$203K$319K20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MEGA_USDT+0.0100%4h0.04572−0.131%$826K$365K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04577−0.022%$239K$112K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04571−0.153%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04571−0.153%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04575−0.062%$323K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04576−0.044%$18K$1.7M10xas long as short
ApeX Omni MEGAUSDTlong+0.0100%1h0.04578long leg$24K$229K50x
Orderly PERP_MEGA_USDC+0.0100%4h0.045780.000%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04581+0.066%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04569−0.191%$131K$830K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04577−0.028%$33xas long as short
Phoenix MEGA+0.0173%1h0.04582+0.087%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04576−0.044%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0673%1h0.04579+0.022%$18K$46K5xas long as short
Lighter MEGA+0.1312%1h0.04599+0.459%$650K$329K3xas long as short
Hyperliquid MEGA+0.1857%1h0.04588+0.216%$7.9M$2.5M3xas long as short
Deribit MEGA_USDC-PERPETUALshort+0.2022%1h0.04588+0.210%$111$1525x