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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0383%/8h= +42.0% APRpaid last 24h +0.010%
Price spread now: Pacifica against Bybit+0.595%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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Pacifica is 0.595% dearer against Bybit than usual: you sell high and buy low: +$59 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MEGAUSDT0.04641−0.0283get 0.0142% / 4h1h 57m$3.6M$5.5M20x
ShortPacifica MEGA0.046690.0100get 0.0013% / 1h57m 25s$14K$10K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$80.52
Price spread: +0.595% → 0.000%
$59.47
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$120.99
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: Bybit: live order book, 4 min ago; Pacifica: 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 Bybit live order book, 4 min ago6.41 bp49.0 bp −$49189.1 bp −$1,891doesn't fitdoesn't fit
Sell Pacifica no order-book sample
Pacifica: 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 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
Coinbase International MEGA-PERP-INTX−0.0328%1h0.04589−1.110%$5K$12K50xas long as short
Bybit MEGAUSDTlong−0.0283%4h0.04641long leg$3.6M$5.5M20x
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04671+0.657%$1K150xas long as short
BloFin MEGA-USDT+0.0080%4h0.04688+1.013%$208K$82K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04643+0.043%$3K$2K10xas long as short
Hyperliquid MEGA+0.0100%1h0.04656+0.315%$8.1M$2.4M3xas long as short
Aster MEGAUSDT+0.0100%4h0.04650+0.190%$21K$90K5xas long as short
Pacifica MEGAshort+0.0100%1h0.04669+0.595%$14K$10K3x
Binance MEGAUSDT+0.0100%4h0.04643+0.046%$4.1M$13.0M50xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04640−0.022%$935K$3.1M20xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk MEGA-USD+0.0100%1h0.04685+0.939%$138K−$010xas long as short
Gate MEGA_USDT+0.0100%4h0.04642+0.022%$208K$322K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04644+0.065%$744K$390K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.046410.000%$250K$112K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04646+0.108%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04642+0.022%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04673+0.690%$19K$51K5xas long as short
Variational Omni MEGA+0.0100%4h0.04673+0.698%$339K$229Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04677+0.778%$28K$2.2M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04677+0.776%$24K$225K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04673+0.690%$2K$1.7M10xas long as short
Extended MEGA-USD+0.0104%1h0.04654+0.279%$131K$794K5xas long as short
Nado MEGA-PERP+0.0146%1h0.04648+0.140%$200K$137K2xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04642+0.029%$33xas long as short
Phoenix MEGA+0.0170%1h0.04685+0.948%$21K$6K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0238% / S −0.5353%1h0.04643+0.052%$3K45xas long as short
Lighter MEGA+0.0304%1h0.04690+1.056%$636K$404K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0521%1h0.04675+0.741%$113$1525xas long as short