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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX+0.066%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$617as in the Funding arb table
Net, price: spread back to 7d avg − costs−$616as in the Price arb table
costs, in and out, $10k−$6176.165% 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 4 days (all we have)−0.031%−$3 · spread now +0.066%, 7d avg +0.057%
Together, before fees−0.031%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MEGA-USDT0.045620.0100pay 0.0050% / 4h3h 27m$1.7M
ShortKuCoin MEGAUSDTM0.045650.0100get 0.0050% / 4h3h 27m$232K$119K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
Price spread: +0.066% → +0.057%
$0.91
Slippage, 4 orders
−$594.53
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$615.62
Costs to cover
6.165%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; KuCoin: live order book, 43 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, 5 min ago16.33 bp40.2 bp −$40103.7 bp −$1,037870.8 bp −$87.1Kdoesn't fit
Sell KuCoin live order book, 43 min ago11.90 bp324.9 bp −$325doesn't fitdoesn'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
Coinbase International MEGA-PERP-INTX−0.0680%1h0.04589+0.603%$5K$12K50xas long as short
Bybit MEGAUSDT−0.0013%4h0.04565+0.066%$3.5M$5.8M20xas long as short
Phoenix MEGA0.0000%1h0.04592+0.658%$21K$7K5xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04568+0.132%$1K150xas long as short
Nado MEGA-PERP+0.0086%1h0.04570+0.175%$197K$144K2xas long as short
Aster MEGAUSDT+0.0100%4h0.04566+0.094%$19K$91K5xas long as short
Pacifica MEGA+0.0100%1h0.04579+0.373%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04566+0.090%$4.0M$13.7M50xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04560−0.044%$931K$3.2M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04599+0.801%$136K$11110xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04569+0.153%$203K$326K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04564+0.044%$800K$376K50xas long as short
KuCoin MEGAUSDTMshort+0.0100%4h0.04565+0.066%$232K$119K50x
Bitget MEGAUSDT+0.0100%4h0.04565+0.066%$1.1M$1.5M50xas long as short
BingX MEGA-USDTlong+0.0100%4h0.04562long leg$1.7M
Backpack MEGA_USDC_PERP+0.0100%1h0.04571+0.197%$18K$53K5xas long as short
Variational Omni MEGA+0.0100%4h0.04592+0.662%$324K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04595+0.723%$29K$1.8M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04593+0.680%$24K$230K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04569+0.153%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04568+0.132%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04563+0.015%$128K$821K5xas long as short
BloFin MEGA-USDT+0.0128%4h0.04590+0.614%$203K$95K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04568+0.124%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04569+0.156%$3K45xas long as short
Hyperliquid MEGA+0.0333%1h0.04576+0.313%$7.9M$2.6M3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0844%1h0.04574+0.259%$111$1525xas long as short
Lighter MEGA+0.0920%1h0.04592+0.658%$650K$341K3xas long as short