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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: BloFin against Bulk+0.363%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$980.982% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.008%+$1 on $10k
Price spread, last 4 days (all we have)+3.590%+$359 · spread now +0.363%, 7d avg +0.060%
Together, before fees+3.598%+$360 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: BloFin is 0.303% dearer against Bulk than usual: you sell high and buy low, +$30 on $10k if it goes back to its 7-day average of +0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk MEGA-USD0.046800.0100pay 0.0013% / 1h20m 24s$138K−$010x
ShortBloFin MEGA-USDT0.046970.0100get 0.0050% / 4h2h 20m$208K$85K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bulk. 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
−$0.03
Price spread: +0.363% → +0.060%
$30.31
Slippage, 4 orders
−$79.25
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$67.97
Costs to cover
0.982%
Break-even
never at this rate
Slippage from Bulk: live order book, 31 min ago; BloFin: live order book, 25 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 Bulk live order book, 31 min ago10.72 bp32.9 bp −$3368.5 bp −$685doesn't fitdoesn't fit
Sell BloFin live order book, 25 min ago3.20 bp26.0 bp −$2679.6 bp −$796doesn't fitdoesn't fit

MEGA on 28 exchanges

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−0.0210%4h0.04686+0.128%$3.6M$5.7M20xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04699+0.398%$1K150xas long as short
Nado MEGA-PERP+0.0065%1h0.04687+0.150%$202K$138K2xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04685+0.107%$3K$2K10xas long as short
BloFin MEGA-USDTshort+0.0100%4h0.04697+0.363%$208K$85K50x
Aster MEGAUSDT+0.0100%4h0.04690+0.214%$21K$94K5xas long as short
Pacifica MEGA+0.0100%1h0.04696+0.342%$14K$10K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04686+0.128%$4.2M$13.4M50xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04681+0.021%$946K$3.2M20xas long as short
Bulk MEGA-USDlong+0.0100%1h0.04680long leg$138K−$010x
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04691+0.235%$210K$326K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04686+0.128%$766K$395K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04691+0.235%$252K$115K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04690+0.214%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04684+0.085%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04701+0.449%$19K$53K5xas long as short
Variational Omni MEGA+0.0100%4h0.04695+0.311%$340K$229Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04698+0.394%$21K$2.2M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04693+0.278%$24K$225K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04701+0.449%$1K$1.8M10xas long as short
Extended MEGA-USD+0.0104%1h0.04690+0.215%$132K$798K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04684+0.086%$33xas long as short
Phoenix MEGA+0.0170%1h0.04703+0.491%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0238% / S −0.5353%1h0.04686+0.139%$3K45xas long as short
Hyperliquid MEGA+0.0294%1h0.04697+0.365%$8.1M$2.5M3xas long as short
Coinbase International MEGA-PERP-INTX+0.0592%1h0.04589−1.934%$5K$12K50xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0622%1h0.04705+0.545%$114$1525xas long as short
Lighter MEGA+0.0704%1h0.04715+0.748%$640K$402K3xas long as short