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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Aster+0.624%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 fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.624% dearer against Aster than usual: you sell high and buy low, +$62 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MEGAUSDT0.045170.0100pay 0.0050% / 4h3h 57m$18K$86K5x
ShortApeX Omni MEGAUSDT0.045450.0100get 0.0013% / 1h57m 29s$25K$231K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. 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: +0.624% → 0.000%
$62.4
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$44.4
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; ApeX Omni: live order book, 14 min ago. 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 Aster no order-book sample
Sell ApeX Omni live order book, 14 min ago8.87 bp16.6 bp −$17137.2 bp −$1,372doesn't fitdoesn't fit
Aster: 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%1h0.04490−0.585%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04526+0.208%$12K150xas long as short
Aster MEGAUSDTlong+0.0100%4h0.04517long leg$18K$86K5x
Pacifica MEGA+0.0100%1h0.04516−0.025%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04518+0.026%$3.9M$13.1M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04517+0.004%$3.5M$5.2M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04515−0.040%$924K$3.0M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04527+0.227%$134K$4K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04515−0.040%$198K$311K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04514−0.062%$769K$350K50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MEGAUSDTM+0.0100%4h0.04516−0.018%$238K$115K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04519+0.048%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04521+0.093%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04528+0.248%$18K$41K5xas long as short
Variational Omni MEGA+0.0100%4h0.04523+0.134%$227K$133Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04542+0.561%$28K$1.7M10xas long as short
ApeX Omni MEGAUSDTshort+0.0100%1h0.04545+0.624%$25K$231K50x
Orderly PERP_MEGA_USDC+0.0100%4h0.04524+0.159%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04525+0.181%$2K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04514−0.070%$128K$609K5xas long as short
Nado MEGA-PERP+0.0135%1h0.04520+0.070%$196K$137K2xas long as short
BloFin MEGA-USDT+0.0159%4h0.04520+0.070%$196K$76K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04522+0.112%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0236% / S −0.5353%1h0.04525+0.181%$3K45xas long as short
Phoenix MEGA+0.0355%1h0.04544+0.602%$21K$6K5xas long as short
Hyperliquid MEGA+0.0428%1h0.04519+0.042%$7.7M$2.4M3xas long as short
Lighter MEGA+0.0600%1h0.04537+0.447%$638K$320K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1562%1h0.04534+0.374%$110$1525xas long as short