Funding arb · Price arb /

MEGA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance−0.026%7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$750.749% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.006%−$1 · spread now −0.026%, 7d avg −0.002%

Together, before fees−0.005%$0 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: MEXC is 0.024% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MEGAUSDT	0.04573	0.0100	pay 0.0050% / 4h	2h 20m	$4.0M	$13.5M	50x
Short	MEXC MEGA_USDT	0.04572	0.0100	get 0.0050% / 4h	2h 20m	$826K	$365K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee BinancebpFee MEXCbpOrdersPrice spread, now −0.026%Rate

Funding earned: $0
Price spread: −0.026% → −0.002%: −$2.41
Slippage, 4 orders: −$64.95
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$77.36
Costs to cover: 0.749%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; MEXC: live order book, 40 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, 4 min ago	2.18 bp	24.9 bp −$25	126.1 bp −$1,261	doesn't fit	doesn't fit
Sell MEXC live order book, 40 min ago	1.09 bp	8.2 bp −$8	73.5 bp −$735	184.7 bp −$18.5K	doesn't fit

MEGA on 27 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	−0.0432%	1h	0.04490	−1.810%	$5K	$12K	50x	as long as short
gTrade (Gains Network) MEGA/USD	L +0.0001% / S +0.0023%	1h	0.04577	+0.083%	$1K	—	150x	as long as short
Nado MEGA-PERP	+0.0065%	1h	0.04578	+0.116%	$198K	$140K	2x	as long as short
Aster MEGAUSDT	+0.0100%	4h	0.04577	+0.075%	$18K	$90K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	0.04582	+0.182%	$14K	$9K	3x	as long as short
Binance MEGAUSDTlong	+0.0100%	4h	0.04573	long leg	$4.0M	$13.5M	50x
Bybit MEGAUSDT	+0.0100%	4h	0.04569	−0.092%	$3.6M	$5.4M	20x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04570	−0.070%	$938K	$3.1M	20x	as long as short
Bulk MEGA-USD	+0.0100%	1h	0.04585	+0.257%	$135K	$4K	10x	as long as short
Gate MEGA_USDT	+0.0100%	4h	0.04573	−0.004%	$203K	$319K	20x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC MEGA_USDTshort	+0.0100%	4h	0.04572	−0.026%	$826K	$365K	50x
KuCoin MEGAUSDTM	+0.0100%	4h	0.04577	+0.083%	$239K	$112K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	0.04571	−0.048%	$1.1M	$1.5M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04571	−0.048%	—	$1.7M	—	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04575	+0.043%	$323K	$226K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04576	+0.061%	$18K	$1.7M	10x	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	0.04578	+0.105%	$24K	$229K	50x	as long as short
Orderly PERP_MEGA_USDC	+0.0100%	4h	0.04578	+0.105%	$3K	$2K	10x	as long as short
SunX MEGA-USDT	+0.0100%	4h	0.04581	+0.171%	$1K	$1.9M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04569	−0.086%	$131K	$830K	5x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	0.04577	+0.077%	$3	—	3x	as long as short
Phoenix MEGA	+0.0173%	1h	0.04582	+0.193%	$21K	$7K	5x	as long as short
GMX MEGA/USD [ETH-USDC]	L +0.0237% / S −0.5353%	1h	0.04576	+0.061%	$3K	—	45x	as long as short
Backpack MEGA_USDC_PERP	+0.0673%	1h	0.04579	+0.127%	$18K	$46K	5x	as long as short
Lighter MEGA	+0.1312%	1h	0.04599	+0.564%	$650K	$329K	3x	as long as short
Hyperliquid MEGA	+0.1857%	1h	0.04588	+0.322%	$7.9M	$2.5M	3x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.2022%	1h	0.04588	+0.315%	$111	$15	25x	as long as short