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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.1087%/8h= +119.0% APRpaid last 24h +0.345%
Price spread now: Deribit against BloFin+0.212%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$33 a day on $10k at the current rate, and Deribit is 0.212% dearer against BloFin than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MEGA-USDT0.045260.0099pay 0.0049% / 4h2h 35m$201K$93K50x
ShortDeribit MEGA_USDC-PERPETUAL0.045360.1185get 0.0148% / 1h35m 05s$110$1525x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against BloFin. 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
$228.17
Price spread: +0.212% → 0.000%
$21.21
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$230.38
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: BloFin: live order book, 45 min ago; Deribit: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 45 min ago8.74 bp21.8 bp −$2275.1 bp −$751doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0048%1h0.04589+1.403%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04529+0.065%$1K150xas long as short
Bybit MEGAUSDT+0.0050%4h0.04519−0.155%$3.5M$5.9M20xas long as short
Nado MEGA-PERP+0.0055%1h0.04530+0.088%$195K$141K2xas long as short
BloFin MEGA-USDTlong+0.0099%4h0.04526long leg$201K$93K50x
Aster MEGAUSDT+0.0100%4h0.04524−0.049%$19K$91K5xas long as short
Pacifica MEGA+0.0100%1h0.04529+0.075%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04524−0.049%$4.0M$13.7M50xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04518−0.177%$918K$3.2M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04511−0.326%$133K$11110xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04525−0.022%$203K$329K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04524−0.044%$801K$390K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04524−0.044%$229K$120K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04524−0.044%$1.0M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04521−0.110%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04529+0.066%$18K$54K5xas long as short
Variational Omni MEGA+0.0100%4h0.04520−0.126%$319K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04518−0.177%$20K$1.8M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04517−0.199%$23K$228K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04529+0.066%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04533+0.155%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04526+0.007%$126K$431K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04528+0.051%$33xas long as short
Phoenix MEGA+0.0177%1h0.04516−0.221%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04528+0.049%$3K45xas long as short
Lighter MEGA+0.0448%1h0.04546+0.442%$624K$362K3xas long as short
Hyperliquid MEGA+0.0554%1h0.04529+0.068%$7.8M$2.6M3xas long as short
Deribit MEGA_USDC-PERPETUALshort+0.1185%1h0.04536+0.212%$110$1525x