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

MEGA

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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 0.000%
Price spread now: Gate against Binance+0.024%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$250as in the Funding arb table
Net, price: spread back to 7d avg − costs−$248as in the Price arb table
costs, in and out, $10k−$2512.511% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 4 days (all we have)−0.075%−$8 · spread now +0.024%, 7d avg −0.004%
Together, before fees−0.065%−$7 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 0.028% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MEGAUSDT0.044210.0100pay 0.0050% / 4h2h 32m$3.9M$12.6M50x
ShortGate MEGA_USDT0.044220.0100get 0.0050% / 4h2h 32m$189K$310K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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: +0.024% → −0.004%
$2.83
Slippage, 4 orders
−$226.14
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$248.31
Costs to cover
2.511%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; Gate: live order book, 52 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 Binance live order book, 8 min ago1.13 bp19.7 bp −$20124.2 bp −$1,242doesn't fitdoesn't fit
Sell Gate live order book, 52 min ago2.24 bp141.8 bp −$142doesn'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−0.0288%1h0.04400−0.467%$5K$11K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04423+0.036%$12K150xas long as short
Phoenix MEGA0.0000%1h0.04423+0.047%$20K$7K5xas long as short
Nado MEGA-PERP+0.0064%1h0.04424+0.081%$191K$151K2xas long as short
BloFin MEGA-USDT+0.0070%4h0.04425+0.092%$196K$75K50xas long as short
Orderly PERP_MEGA_USDC+0.0097%4h0.04421+0.002%$3K$2K10xas long as short
Aster MEGAUSDT+0.0100%4h0.04425+0.086%$19K$80K5xas long as short
Pacifica MEGA+0.0100%1h0.04425+0.092%$14K$10K3xas long as short
Binance MEGAUSDTlong+0.0100%4h0.04421long leg$3.9M$12.6M50x
Bybit MEGAUSDT+0.0100%4h0.04417−0.089%$3.4M$4.9M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MEGA-USDT-SWAP+0.0100%4h0.04418−0.066%$905K$2.8M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04420−0.021%$130K$5K10xas long as short
Gate MEGA_USDTshort+0.0100%4h0.04422+0.024%$189K$310K20x
MEXC MEGA_USDT+0.0100%4h0.04420−0.021%$767K$352K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04423+0.047%$228K$111K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04421+0.002%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04423+0.047%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04425+0.092%$15K$39K5xas long as short
Variational Omni MEGA+0.0100%4h0.04414−0.149%$235K$109Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04417−0.096%$21K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04417−0.089%$24K$229K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04425+0.092%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04420−0.021%$126K$613K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04424+0.077%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0235% / S −0.5353%1h0.04421+0.011%$3K45xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1085%1h0.04426+0.119%$107$1525xas long as short
Hyperliquid MEGA+0.1263%1h0.04436+0.332%$7.5M$2.4M3xas long as short
Lighter MEGA+0.2280%1h0.04441+0.454%$614K$318K3xas long as short