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% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: Bybit against Aster−0.095%7-day average · you buy dearer than you sell
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: Bybit is 0.095% cheaper against Aster than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MEGAUSDT0.044820.0100pay 0.0050% / 4h1h 12m$18K$82K5x
ShortBybit MEGAUSDT0.044780.0100get 0.0050% / 4h1h 12m$3.5M$4.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.095% → 0.000%
−$9.53
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$28.53
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Bybit: live order book, just now. 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 Bybit live order book, just now2.23 bp33.5 bp −$34143.7 bp −$1,437doesn'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−0.0144%1h0.04490+0.181%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04480−0.048%$12K150xas long as short
Nado MEGA-PERP+0.0054%1h0.04481−0.028%$194K$136K2xas long as short
Orderly PERP_MEGA_USDC+0.0099%4h0.04481−0.028%$3K$2K10xas long as short
Aster MEGAUSDTlong+0.0100%4h0.04482long leg$18K$82K5x
Pacifica MEGA+0.0100%1h0.04480−0.048%$14K$8K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04482−0.006%$3.9M$12.8M50xas long as short
Bybit MEGAUSDTshort+0.0100%4h0.04478−0.095%$3.5M$4.9M20x
OKX MEGA-USDT-SWAP+0.0100%4h0.04478−0.095%$911K$2.9M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04470−0.274%$132K$5K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04480−0.051%$192K$311K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04481−0.028%$767K$352K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04483+0.016%$236K$113K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04482−0.006%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04480−0.051%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04468−0.309%$224K$133Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04470−0.279%$27K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04469−0.296%$24K$230K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04482−0.006%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04482−0.015%$127K$613K5xas long as short
BloFin MEGA-USDT+0.0132%4h0.04483+0.016%$195K$76K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04482+0.003%$33xas long as short
Phoenix MEGA+0.0179%1h0.04485+0.061%$20K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0236% / S −0.5353%1h0.04481−0.031%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0447%1h0.04485+0.061%$18K$41K5xas long as short
Hyperliquid MEGA+0.1244%1h0.04491+0.184%$7.6M$2.4M3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1401%1h0.04489+0.150%$109$1525xas long as short
Lighter MEGA+0.2552%1h0.04503+0.462%$633K$323K3xas long as short