MEGA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.27 per $10,000 · paid last 24h −0.005%

Price spread now: MEXC against BloFin−0.156%79s7-day average −0.103% · you buy dearer than you sell

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$710.711% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 4 days (all we have)−1.797%−$180 · spread now −0.156%, 7d avg −0.103%

Together, before fees−1.788%−$179 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.053% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.103%). Swap the legs. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MEGA-USDT	0.04498	0.0155	pay 0.0077% / 4h	2h 27m	$198K	$93K	50x
Short	MEXC MEGA_USDT	0.04491	0.0100	get 0.0050% / 4h	2h 27m	$811K	$397K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee BloFinbpFee MEXCbpOrdersPrice spread, now −0.156%Rate

Funding earned: −$11.48
Price spread: −0.156% → −0.103%: −$5.3
Slippage, 4 orders: −$59.09
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$87.86
Costs to cover: 0.711%
Break-even: never at this rate

Slippage from BloFin: live order book, 53 min ago; MEXC: live order book, 13 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 BloFin live order book, 53 min ago	8.74 bp	21.8 bp −$22	75.1 bp −$751	doesn't fit	doesn't fit
Sell MEXC live order book, 13 min ago	1.12 bp	8.2 bp −$8	65.9 bp −$659	238.1 bp −$23.8K	doesn't fit

MEGA on 28 venues

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
Coinbase International MEGA-PERP-INTX	−0.0048%	1h	0.04589	+2.034%	$5K	$12K	50x	as long as short
Bybit MEGAUSDT	−0.0024%	4h	0.04487	−0.245%	$3.4M	$5.9M	20x	as long as short
gTrade (Gains Network) MEGA/USD	L +0.0001% / S +0.0023%	1h	0.04488	−0.227%	$1K	—	150x	as long as short
Nado MEGA-PERP	+0.0060%	1h	0.04485	−0.278%	$193K	$141K	2x	as long as short
Aster MEGAUSDT	+0.0100%	4h	0.04490	−0.177%	$18K	$91K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	0.04491	−0.160%	$14K	$9K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04491	−0.156%	$3.9M	$13.8M	50x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04488	−0.222%	$910K	$3.1M	20x	as long as short
Gate MEGA_USDT	+0.0100%	4h	0.04490	−0.178%	$200K	$330K	20x	as long as short
MEXC MEGA_USDTshort	+0.0100%	4h	0.04491	−0.156%	$811K	$397K	50x

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MEGAUSDTM	+0.0100%	4h	0.04493	−0.111%	$227K	$120K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	0.04488	−0.222%	$1.0M	$1.5M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04487	−0.245%	—	$1.7M	—	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04490	−0.171%	$317K	$226K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04497	−0.016%	$20K	$1.8M	10x	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	0.04495	−0.067%	$23K	$228K	50x	as long as short
Orderly PERP_MEGA_USDC	+0.0100%	4h	0.04489	−0.200%	$3K	$2K	10x	as long as short
SunX MEGA-USDT	+0.0100%	4h	0.04487	−0.245%	$1K	$1.9M	10x	as long as short
Bulk MEGA-USD	+0.0100%	1h	0.04501	+0.057%	$133K	$111	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04487	−0.239%	$126K	$429K	5x	as long as short
Backpack MEGA_USDC_PERP	+0.0107%	1h	0.04495	−0.067%	$18K	$56K	5x	as long as short
BloFin MEGA-USDTlong	+0.0155%	4h	0.04498	long leg	$198K	$93K	50x
Reya MEGARUSDPERP	+0.0159%	1h	0.04485	−0.282%	$3	—	3x	as long as short
Phoenix MEGA	+0.0177%	1h	0.04493	−0.111%	$20K	$7K	5x	as long as short
GMX MEGA/USD [ETH-USDC]	L +0.0237% / S −0.5353%	1h	0.04486	−0.262%	$3K	—	45x	as long as short
Lighter MEGA	+0.0392%	1h	0.04510	+0.267%	$615K	$366K	3x	as long as short
Hyperliquid MEGA	+0.0467%	1h	0.04496	−0.056%	$7.8M	$2.6M	3x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.0930%	1h	0.04497	−0.027%	$109	$15	25x	as long as short