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
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.067%+$7 · spread now −0.139%, 7d avg −0.037%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MEGAUSDT | 0.04684 | 0.0100 | pay 0.0050% / 4h | 2h 18m | $4.2M | $13.4M | 50x |
| Short | OKX MEGA-USDT-SWAP | 0.04677 | 0.0100 | get 0.0050% / 4h | 2h 18m | $943K | $3.1M | 20x |
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 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: −0.139% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 14 min ago | 3.20 bp | 30.2 bp −$30 | 95.3 bp −$953 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.13 bp | 30.2 bp −$30 | 133.3 bp −$1,333 | doesn't fit | doesn't fit |
MEGA on 28 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MEGAUSDT | −0.0228% | 4h | 0.04687 | +0.074% | $3.6M | $5.7M | 20x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04685 | +0.032% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0066% | 1h | 0.04686 | +0.053% | $202K | $138K | 2x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04683 | −0.011% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04687 | +0.079% | $21K | $94K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04688 | +0.085% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDTlong | +0.0100% | 4h | 0.04684 | long leg | $4.2M | $13.4M | 50x | |
| OKX MEGA-USDT-SWAPshort | +0.0100% | 4h | 0.04677 | −0.139% | $943K | $3.1M | 20x | |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04680 | −0.075% | $138K | −$0 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04686 | +0.053% | $210K | $326K | 20x | as long as short |
Show all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04684 | +0.010% | $766K | $395K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04682 | −0.032% | $252K | $115K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04687 | +0.074% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04681 | −0.054% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04686 | +0.053% | $19K | $52K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04695 | +0.235% | $340K | $229K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04698 | +0.319% | $21K | $2.2M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04698 | +0.309% | $24K | $225K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04681 | −0.054% | $1K | $1.8M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04682 | −0.042% | $132K | $794K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0108% | 4h | 0.04684 | +0.010% | $208K | $85K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04684 | +0.011% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0170% | 1h | 0.04703 | +0.416% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0238% / S −0.5353% | 1h | 0.04686 | +0.055% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.0295% | 1h | 0.04692 | +0.181% | $8.1M | $2.5M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0305% | 1h | 0.04688 | +0.098% | $113 | $15 | 25x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.0592% | 1h | 0.04589 | −2.007% | $5K | $12K | 50x | as long as short |
| Lighter MEGA | +0.0704% | 1h | 0.04705 | +0.459% | $638K | $402K | 3x | as long as short |
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
Bybit MEGAUSDT
gTrade (Gains Network) MEGA/USD
Aster MEGAUSDT
Pacifica MEGA
Bulk MEGA-USD
Gate MEGA_USDT
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
BloFin MEGA-USDT
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL
Coinbase International MEGA-PERP-INTX
Lighter MEGA