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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.1207%/8h= −132.2% APRnext payment $1.51 per $10,000 · paid last 24h −0.282%
Price spread now: Extended against Deribit+0.081%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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread pays, funding is against you. Extended is 0.081% dearer against Deribit than usual: you sell high and buy low (spread +0.081% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$36 a day in funding at the current rate, which eats that in about 5 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit MEGA_USDC-PERPETUAL0.044900.1311pay 0.0164% / 1h22m 46s$109$1525x
ShortExtended MEGA-USD0.044940.0104get 0.0013% / 1h22m 46s$127K$613K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Deribit. 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
−$253.54
Price spread: +0.081% → 0.000%
$8.08
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$257.47
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; Extended: live order book, 65 min ago. 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 Deribit no order-book sample
Sell Extended live order book, 65 min ago5.61 bp70.3 bp −$70425.6 bp −$4,256doesn't fitdoesn't fit
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−0.0288%1h0.04490+0.002%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04482−0.175%$12K150xas long as short
Phoenix MEGA0.0000%1h0.04476−0.318%$20K$7K5xas long as short
Nado MEGA-PERP+0.0052%1h0.04481−0.196%$194K$151K2xas long as short
BloFin MEGA-USDT+0.0058%4h0.04485−0.118%$197K$77K50xas long as short
Orderly PERP_MEGA_USDC+0.0097%4h0.04483−0.163%$3K$2K10xas long as short
Aster MEGAUSDT+0.0100%4h0.04489−0.022%$20K$80K5xas long as short
Pacifica MEGA+0.0100%1h0.04494+0.091%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04494+0.082%$4.0M$12.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04490−0.007%$3.5M$4.9M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MEGA-USDT-SWAP+0.0100%4h0.04490−0.007%$920K$2.9M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04420−1.566%$130K$5K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04490−0.007%$192K$311K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04494+0.082%$778K$354K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04488−0.051%$237K$112K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04491+0.016%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04492+0.038%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04493+0.060%$18K$41K5xas long as short
Variational Omni MEGA+0.0100%4h0.04469−0.467%$237K$109Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04464−0.586%$21K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04459−0.697%$24K$229K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04486−0.096%$1K$1.9M10xas long as short
Extended MEGA-USDshort+0.0104%1h0.04494+0.081%$127K$613K5x
Reya MEGARUSDPERP+0.0159%1h0.04485−0.111%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0236% / S −0.5353%1h0.04482−0.196%$3K45xas long as short
Hyperliquid MEGA+0.1292%1h0.04505+0.318%$7.6M$2.4M3xas long as short
Deribit MEGA_USDC-PERPETUALlong+0.1311%1h0.04490long leg$109$1525x
Lighter MEGA+0.2800%1h0.04512+0.483%$624K$327K3xas long as short