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 +0.009%
Price spread now: MEXC against Bybit+0.087%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1021.020% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.122%+$12 on $10k
Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.087%, 7d avg +0.026%
Together, before fees+0.014%+$1 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: MEXC is 0.062% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MEGAUSDT0.045790.0100pay 0.0050% / 4h1h 05m$3.5M$5.9M20x
ShortMEXC MEGA_USDT0.045830.0100get 0.0050% / 4h1h 05m$777K$410K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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: +0.087% → +0.026%
$6.16
Slippage, 4 orders
−$90.99
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 0 bp × 2 orders
$0
Net
−$95.83
Costs to cover
1.020%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 30 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 Bybit live order book, 2 min ago2.20 bp41.0 bp −$41204.8 bp −$2,048doesn't fitdoesn't fit
Sell MEXC live order book, 30 min ago1.11 bp8.9 bp −$966.3 bp −$663179.5 bp −$18.0Kdoesn'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
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04566−0.290%$1K150xas long as short
Nado MEGA-PERP+0.0053%1h0.04577−0.044%$197K$141K2xas long as short
BloFin MEGA-USDT+0.0080%4h0.04548−0.677%$200K$94K50xas long as short
Lighter MEGA+0.0096%1h0.04594+0.328%$613K$382K3xas long as short
Aster MEGAUSDT+0.0100%4h0.04580+0.030%$20K$96K5xas long as short
Pacifica MEGA+0.0100%1h0.04580+0.013%$14K$10K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04580+0.030%$4.0M$13.7M50xas long as short
Bybit MEGAUSDTlong+0.0100%4h0.04579long leg$3.5M$5.9M20x
OKX MEGA-USDT-SWAP+0.0100%4h0.04577−0.044%$924K$3.2M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04520−1.288%$133K$11110xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04582+0.066%$207K$327K20xas long as short
MEXC MEGA_USDTshort+0.0100%4h0.04583+0.087%$777K$410K50x
KuCoin MEGAUSDTM+0.0100%4h0.04581+0.044%$229K$120K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04582+0.066%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04580+0.022%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04564−0.323%$321K$227Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04533−1.007%$23K$1.9M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04536−0.939%$23K$228K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04565−0.306%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04568−0.240%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04580+0.026%$129K$409K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04567−0.267%$33xas long as short
Phoenix MEGA+0.0176%1h0.04539−0.874%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04561−0.384%$3K45xas long as short
Hyperliquid MEGA+0.0295%1h0.045790.000%$7.9M$2.6M3xas long as short
Backpack MEGA_USDC_PERP+0.0458%1h0.045790.000%$18K$55K5xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0867%1h0.04571−0.177%$111$1525xas long as short
Coinbase International MEGA-PERP-INTX+0.0872%1h0.04589+0.229%$5K$12K50xas long as short