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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MEGAUSDT | 0.04421 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $3.9M | $12.6M | 50x |
| Short | Gate MEGA_USDT | 0.04422 | 0.0100 | get 0.0050% / 4h | 2h 32m | $189K | $310K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 8 min ago | 1.13 bp | 19.7 bp −$20 | 124.2 bp −$1,242 | doesn't fit | doesn't fit |
| Sell Gate live order book, 52 min ago | 2.24 bp | 141.8 bp −$142 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0288% | 1h | 0.04400 | −0.467% | $5K | $11K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04423 | +0.036% | $12K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04423 | +0.047% | $20K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0064% | 1h | 0.04424 | +0.081% | $191K | $151K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0070% | 4h | 0.04425 | +0.092% | $196K | $75K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0097% | 4h | 0.04421 | +0.002% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04425 | +0.086% | $19K | $80K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04425 | +0.092% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDTlong | +0.0100% | 4h | 0.04421 | long leg | $3.9M | $12.6M | 50x | |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04417 | −0.089% | $3.4M | $4.9M | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04418 | −0.066% | $905K | $2.8M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04420 | −0.021% | $130K | $5K | 10x | as long as short |
| Gate MEGA_USDTshort | +0.0100% | 4h | 0.04422 | +0.024% | $189K | $310K | 20x | |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04420 | −0.021% | $767K | $352K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04423 | +0.047% | $228K | $111K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04421 | +0.002% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04423 | +0.047% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04425 | +0.092% | $15K | $39K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04414 | −0.149% | $235K | $109K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04417 | −0.096% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04417 | −0.089% | $24K | $229K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04425 | +0.092% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04420 | −0.021% | $126K | $613K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04424 | +0.077% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0235% / S −0.5353% | 1h | 0.04421 | +0.011% | $3K | — | 45x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1085% | 1h | 0.04426 | +0.119% | $107 | $15 | 25x | as long as short |
| Hyperliquid MEGA | +0.1263% | 1h | 0.04436 | +0.332% | $7.5M | $2.4M | 3x | as long as short |
| Lighter MEGA | +0.2280% | 1h | 0.04441 | +0.454% | $614K | $318K | 3x | as long as short |
Binance MEGAUSDT
Gate MEGA_USDT
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
BloFin MEGA-USDT
Aster MEGAUSDT
Pacifica MEGA
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Extended MEGA-USD
GMX MEGA/USD [ETH-USDC]
Deribit MEGA_USDC-PERPETUAL
Hyperliquid MEGA
Lighter MEGA