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

MEGA

all MEGA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against BingX+0.018%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$2102.098% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 4 days (all we have)−0.025%−$3 · spread now +0.018%, 7d avg −0.010%
Together, before fees−0.039%+ Points / potential airdropExtended: Active · farm board−$4 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: Extended is 0.028% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MEGA-USDT0.045800.0100pay 0.0050% / 4h3h 58m$1.7M
ShortExtended MEGA-USD0.045810.0104get 0.0013% / 1h58m 00s$129K$799K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BingX. 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
$0.84
Price spread: +0.018% → −0.010%
$2.84
Slippage, 4 orders
−$194.84
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$206.16
Costs to cover
2.098%
Break-even
1725.0 days
Slippage from BingX: live order book, 4 min ago; Extended: live order book, 40 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 BingX live order book, 4 min ago15.24 bp45.3 bp −$45103.9 bp −$1,039971.3 bp −$97.1K1385.7 bp −$692.8K
Sell Extended live order book, 40 min ago5.49 bp58.1 bp −$58320.3 bp −$3,203doesn'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
Bybit MEGAUSDT−0.0307%4h0.04583+0.066%$3.5M$5.9M20xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04587+0.152%$1K150xas long as short
Nado MEGA-PERP+0.0038%1h0.04587+0.153%$197K$140K2xas long as short
Aster MEGAUSDT+0.0100%4h0.04583+0.062%$20K$96K5xas long as short
Pacifica MEGA+0.0100%1h0.04591+0.238%$14K$10K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04581+0.023%$4.1M$13.8M50xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.045800.000%$919K$3.2M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04590+0.218%$136K−$010xas long as short
Gate MEGA_USDT+0.0100%4h0.04584+0.087%$206K$321K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04583+0.066%$759K$400K50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MEGAUSDTM+0.0100%4h0.04585+0.109%$244K$124K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04584+0.087%$1.1M$1.5M50xas long as short
BingX MEGA-USDTlong+0.0100%4h0.04580long leg$1.7M
Backpack MEGA_USDC_PERP+0.0100%1h0.04586+0.131%$17K$55K5xas long as short
Variational Omni MEGA+0.0100%4h0.04592+0.259%$324K$223Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04593+0.284%$22K$2.0M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04604+0.524%$24K$226K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04584+0.087%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04583+0.066%$2K$1.9M10xas long as short
Extended MEGA-USDshort+0.0104%1h0.04581+0.018%$129K$799K5x
BloFin MEGA-USDT+0.0120%4h0.04591+0.240%$203K$96K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04587+0.150%$33xas long as short
Phoenix MEGA+0.0175%1h0.04608+0.611%$21K$6K5xas long as short
Hyperliquid MEGA+0.0229%1h0.04591+0.236%$7.9M$2.6M3xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0238% / S −0.5353%1h0.04587+0.142%$3K45xas long as short
Lighter MEGA+0.0832%1h0.04605+0.546%$615K$380K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0905%1h0.04594+0.317%$111$1525xas long as short
Coinbase International MEGA-PERP-INTX+0.1296%1h0.04589+0.207%$5K$12K50xas long as short