MEGA

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0079%/8h= +8.6% APRnext payment +$0.10 per $10,000 · paid last 24h +0.002%

Price spread now: Phoenix against ApeX Omni−0.067%7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on Phoenix

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Phoenix is 0.067% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.067% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.9 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MEGAUSDT	0.04452	0.0100	pay 0.0013% / 1h	27m 39s	$24K	$230K	50x
Short	Phoenix MEGA	0.04449	0.0179	get 0.0022% / 1h	27m 39s	$20K	$7K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee PhoenixbpOrdersPrice spread, now −0.067%Rate

Funding earned: $16.55
Price spread: −0.067% → 0.000%: −$6.74
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$7.19
Costs to cover: 0.170%
Break-even: 10.0 days

Slippage unknown: ApeX Omni: live order book, 54 min ago; Phoenix: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 54 min ago	8.90 bp	22.6 bp −$23	130.3 bp −$1,303	doesn't fit	doesn't fit
Sell Phoenix no order-book sample	—	—	—	—	—

Phoenix: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International MEGA-PERP-INTX	−0.0144%	1h	0.04490	+0.863%	$5K	$12K	50x	as long as short
gTrade (Gains Network) MEGA/USD	L −0.0018% / S +0.0023%	1h	0.04451	−0.018%	$12K	—	150x	as long as short
Nado MEGA-PERP	+0.0049%	1h	0.04457	+0.124%	$192K	$151K	2x	as long as short
BloFin MEGA-USDT	+0.0066%	4h	0.04452	0.000%	$194K	$76K	50x	as long as short
Orderly PERP_MEGA_USDC	+0.0099%	4h	0.04451	−0.022%	$3K	$2K	10x	as long as short
Aster MEGAUSDT	+0.0100%	4h	0.04450	−0.040%	$18K	$82K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	0.04450	−0.047%	$14K	$8K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04450	−0.045%	$3.9M	$12.8M	50x	as long as short
Bybit MEGAUSDT	+0.0100%	4h	0.04452	0.000%	$3.5M	$4.9M	20x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04450	−0.045%	$907K	$2.9M	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bulk MEGA-USD	+0.0100%	1h	0.04453	+0.031%	$131K	$5K	10x	as long as short
Gate MEGA_USDT	+0.0100%	4h	0.04447	−0.112%	$189K	$310K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	0.04451	−0.022%	$760K	$347K	50x	as long as short
KuCoin MEGAUSDTM	+0.0100%	4h	0.04455	+0.067%	$235K	$113K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	0.04453	+0.022%	$1.1M	$1.4M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04452	0.000%	—	$1.7M	—	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04447	−0.102%	$223K	$133K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04452	−0.001%	$27K	$1.7M	10x	as long as short
ApeX Omni MEGAUSDTlong	+0.0100%	1h	0.04452	long leg	$24K	$230K	50x
SunX MEGA-USDT	+0.0100%	4h	0.04454	+0.045%	$1K	$1.9M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04455	+0.060%	$126K	$613K	5x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	0.04453	+0.033%	$3	—	3x	as long as short
Phoenix MEGAshort	+0.0179%	1h	0.04449	−0.067%	$20K	$7K	5x
GMX MEGA/USD [ETH-USDC]	L +0.0236% / S −0.5353%	1h	0.04451	−0.013%	$3K	—	45x	as long as short
Backpack MEGA_USDC_PERP	+0.0359%	1h	0.04453	+0.022%	$18K	$41K	5x	as long as short
Hyperliquid MEGA	+0.1382%	1h	0.04458	+0.137%	$7.6M	$2.4M	3x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.1727%	1h	0.04460	+0.171%	$108	$15	25x	as long as short
Lighter MEGA	+0.3096%	1h	0.04470	+0.404%	$629K	$323K	3x	as long as short