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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bitget against Extended−0.061%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1651.648% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.031%+$3 on $10k
Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.061%, 7d avg +0.052%
Together, before fees+0.120%+ Points / potential airdropExtended: Active · farm board+$12 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: Bitget is 0.113% cheaper against Extended than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MEGA-USD0.044640.0104pay 0.0013% / 1h38m 37s$126K$613K5x
ShortBitget MEGAUSDT0.044610.0100get 0.0050% / 4h1h 38m$1.1M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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
−$0.84
Price spread: −0.061% → +0.052%
−$11.27
Slippage, 4 orders
−$147.84
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$176.95
Costs to cover
1.648%
Break-even
never at this rate
Slippage from Extended: live order book, 44 min ago; Bitget: live order book, 3 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 Extended live order book, 44 min ago3.34 bp54.3 bp −$54320.2 bp −$3,202doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago4.49 bp21.0 bp −$2192.5 bp −$925doesn't fitdoesn'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
Coinbase International MEGA-PERP-INTX−0.0144%1h0.04490+0.597%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04457−0.145%$12K150xas long as short
Nado MEGA-PERP+0.0049%1h0.04465+0.028%$193K$152K2xas long as short
Orderly PERP_MEGA_USDC+0.0098%4h0.04457−0.151%$3K$2K10xas long as short
Aster MEGAUSDT+0.0100%4h0.04461−0.061%$18K$82K5xas long as short
Pacifica MEGA+0.0100%1h0.04464+0.006%$14K$8K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04465+0.025%$3.9M$12.8M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04460−0.084%$3.5M$4.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04461−0.061%$913K$2.9M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04455−0.196%$131K$5K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04460−0.084%$190K$310K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04462−0.039%$762K$346K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04464+0.006%$235K$113K50xas long as short
Bitget MEGAUSDTshort+0.0100%4h0.04461−0.061%$1.1M$1.4M50x
BingX MEGA-USDT+0.0100%4h0.04462−0.039%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04457−0.140%$224K$135Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04458−0.138%$22K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04454−0.218%$24K$230K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04461−0.061%$2K$1.9M10xas long as short
Extended MEGA-USDlong+0.0104%1h0.04464long leg$126K$613K5x
BloFin MEGA-USDT+0.0141%4h0.04461−0.061%$196K$76K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04460−0.083%$33xas long as short
Phoenix MEGA+0.0179%1h0.04461−0.061%$20K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0236% / S −0.5353%1h0.04457−0.160%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0416%1h0.04467+0.073%$18K$41K5xas long as short
Hyperliquid MEGA+0.1453%1h0.04474+0.232%$7.6M$2.3M3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1680%1h0.04466+0.040%$108$1525xas long as short
Lighter MEGA+0.1816%1h0.04482+0.409%$622K$314K3xas long as short