Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: BingX against Extended+0.035%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1871.874% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.035%, 7d avg +0.010%
=Together, before fees−0.012%+ Points / potential airdropExtended: Active · farm board−$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: BingX is 0.025% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MEGA-USD | 0.04642 | 0.0104 | pay 0.0013% / 1h | 12m 10s | $130K | $800K | 5x |
| Short | BingX MEGA-USDT | 0.04644 | 0.0100 | get 0.0050% / 4h | 3h 12m | — | $1.7M | — |
Extended MEGA-USD
BingX MEGA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: +0.035% → +0.010%
- $2.5
- Slippage, 4 orders
- −$172.42
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$185.75
- Costs to cover
- 1.874%
- Break-even
- never at this rate
Slippage from Extended: live order book, 21 min ago; BingX: live order book, 5 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 Extended live order book, 21 min ago | 5.47 bp | 60.1 bp −$60 | 318.0 bp −$3,180 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 16.27 bp | 40.7 bp −$41 | 104.7 bp −$1,047 | 685.3 bp −$68.5K | 1155.8 bp −$577.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MEGAUSDT | −0.0058% | 4h | 0.04643 | +0.014% | $3.6M | $5.8M | 20x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04628 | −0.309% | $21K | $7K | 5x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04638 | −0.094% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0060% | 1h | 0.04634 | −0.169% | $200K | $140K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04641 | −0.019% | $21K | $96K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04636 | −0.141% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04642 | −0.008% | $4.1M | $13.6M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04641 | −0.029% | $932K | $3.2M | 20x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04644 | +0.035% | $209K | $333K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04643 | +0.014% | $774K | $406K | 50x | as long as short |
Bybit MEGAUSDT
Phoenix MEGA
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
Gate MEGA_USDT
MEXC MEGA_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04640 | −0.051% | $251K | $125K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04644 | +0.035% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDTshort | +0.0100% | 4h | 0.04644 | +0.035% | — | $1.7M | — | |
| Variational Omni MEGA | +0.0100% | 4h | 0.04613 | −0.625% | $324K | $219K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04627 | −0.331% | $21K | $2.0M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04627 | −0.331% | $24K | $226K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04643 | +0.014% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04633 | −0.202% | $2K | $1.9M | 10x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04610 | −0.697% | $136K | −$0 | 10x | as long as short |
| Extended MEGA-USDlong | +0.0104% | 1h | 0.04642 | long leg | $130K | $800K | 5x | |
| BloFin MEGA-USDT | +0.0108% | 4h | 0.04625 | −0.374% | $202K | $96K | 50x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0151% | 1h | 0.04648 | +0.121% | $17K | $51K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04625 | −0.369% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0238% / S −0.5353% | 1h | 0.04638 | −0.085% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.0317% | 1h | 0.04651 | +0.186% | $8.0M | $2.6M | 3x | as long as short |
| Lighter MEGA | +0.0880% | 1h | 0.04661 | +0.401% | $623K | $387K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1085% | 1h | 0.04649 | +0.145% | $113 | $15 | 25x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.1296% | 1h | 0.04589 | −1.139% | $5K | $12K | 50x | as long as short |
KuCoin MEGAUSDTM
Bitget MEGAUSDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Bulk MEGA-USD
BloFin MEGA-USDT
Backpack MEGA_USDC_PERP
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL
Coinbase International MEGA-PERP-INTX