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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance−0.139%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1151.145% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.067%+$7 · spread now −0.139%, 7d avg −0.037%
Together, before fees+0.067%+$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: OKX is 0.102% cheaper against Binance than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MEGAUSDT0.046840.0100pay 0.0050% / 4h2h 18m$4.2M$13.4M50x
ShortOKX MEGA-USDT-SWAP0.046770.0100get 0.0050% / 4h2h 18m$943K$3.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.139% → −0.037%
−$10.19
Slippage, 4 orders
−$94.53
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$124.72
Costs to cover
1.145%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; OKX: live order book, 1 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, 14 min ago3.20 bp30.2 bp −$3095.3 bp −$953doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago2.13 bp30.2 bp −$30133.3 bp −$1,333doesn't fitdoesn't fit

MEGA on 28 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MEGAUSDT−0.0228%4h0.04687+0.074%$3.6M$5.7M20xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04685+0.032%$1K150xas long as short
Nado MEGA-PERP+0.0066%1h0.04686+0.053%$202K$138K2xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04683−0.011%$3K$2K10xas long as short
Aster MEGAUSDT+0.0100%4h0.04687+0.079%$21K$94K5xas long as short
Pacifica MEGA+0.0100%1h0.04688+0.085%$14K$10K3xas long as short
Binance MEGAUSDTlong+0.0100%4h0.04684long leg$4.2M$13.4M50x
OKX MEGA-USDT-SWAPshort+0.0100%4h0.04677−0.139%$943K$3.1M20x
Bulk MEGA-USD+0.0100%1h0.04680−0.075%$138K−$010xas long as short
Gate MEGA_USDT+0.0100%4h0.04686+0.053%$210K$326K20xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MEGA_USDT+0.0100%4h0.04684+0.010%$766K$395K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04682−0.032%$252K$115K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04687+0.074%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04681−0.054%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04686+0.053%$19K$52K5xas long as short
Variational Omni MEGA+0.0100%4h0.04695+0.235%$340K$229Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04698+0.319%$21K$2.2M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04698+0.309%$24K$225K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04681−0.054%$1K$1.8M10xas long as short
Extended MEGA-USD+0.0104%1h0.04682−0.042%$132K$794K5xas long as short
BloFin MEGA-USDT+0.0108%4h0.04684+0.010%$208K$85K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04684+0.011%$33xas long as short
Phoenix MEGA+0.0170%1h0.04703+0.416%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0238% / S −0.5353%1h0.04686+0.055%$3K45xas long as short
Hyperliquid MEGA+0.0295%1h0.04692+0.181%$8.1M$2.5M3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0305%1h0.04688+0.098%$113$1525xas long as short
Coinbase International MEGA-PERP-INTX+0.0592%1h0.04589−2.007%$5K$12K50xas long as short
Lighter MEGA+0.0704%1h0.04705+0.459%$638K$402K3xas long as short