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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against ApeX Omni+0.396%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$467as in the Funding arb table
Net, price: spread back to 7d avg − costs−$419as in the Price arb table
costs, in and out, $10k−$4644.642% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 4 days (all we have)−0.927%−$93 · spread now +0.396%, 7d avg −0.055%
Together, before fees−0.954%−$95 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: Gate is 0.451% dearer against ApeX Omni than usual: you sell high and buy low, +$45 on $10k if it goes back to its 7-day average of −0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni MEGAUSDT0.045400.0100pay 0.0013% / 1h35m 03s$24K$230K50x
ShortGate MEGA_USDT0.045580.0100get 0.0050% / 4h1h 35m$201K$317K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: +0.396% → −0.055%
$45.15
Slippage, 4 orders
−$439.16
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$419.01
Costs to cover
4.642%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 26 min ago; Gate: live order book, 22 min ago.

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, 26 min ago6.57 bp13.8 bp −$14115.0 bp −$1,150doesn't fitdoesn't fit
Sell Gate live order book, 22 min ago7.66 bp234.3 bp −$234doesn't fitdoesn'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−0.0800%1h0.04490−1.093%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04561+0.463%$1K150xas long as short
BloFin MEGA-USDT+0.0061%4h0.04547+0.154%$201K$91K50xas long as short
Nado MEGA-PERP+0.0063%1h0.04558+0.407%$197K$141K2xas long as short
Hyperliquid MEGA+0.0100%1h0.04567+0.601%$7.9M$2.6M3xas long as short
Aster MEGAUSDT+0.0100%4h0.04561+0.463%$18K$89K5xas long as short
Binance MEGAUSDT+0.0100%4h0.04559+0.419%$4.0M$13.6M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04556+0.352%$3.6M$5.5M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04557+0.374%$936K$3.1M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04555+0.330%$134K$4K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDTshort+0.0100%4h0.04558+0.396%$201K$317K20x
MEXC MEGA_USDT+0.0100%4h0.04561+0.463%$808K$365K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04561+0.463%$229K$117K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04558+0.396%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04561+0.463%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04565+0.551%$18K$46K5xas long as short
Variational Omni MEGA+0.0100%4h0.04552+0.267%$321K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04538−0.044%$30K$1.7M10xas long as short
ApeX Omni MEGAUSDTlong+0.0100%1h0.04540long leg$24K$230K50x
Orderly PERP_MEGA_USDC+0.0100%4h0.04561+0.463%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04564+0.529%$2K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04557+0.379%$128K$825K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04561+0.456%$33xas long as short
Phoenix MEGA+0.0175%1h0.04536−0.088%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04563+0.500%$3K45xas long as short
Pacifica MEGA+0.0245%1h0.04551+0.253%$14K$9K3xas long as short
Lighter MEGA+0.0560%1h0.04584+0.969%$648K$330K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.2315%1h0.04574+0.747%$111$1525xas long as short