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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.5249%/8h= +574.7% APRnext payment +$6.56 per $10,000 · paid last 24h +1.441%
Price spread now: GMX against Extended−0.092%7-day average · you buy dearer than you sell
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 3 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
Funding pays, the price is against you. GMX is 0.092% cheaper against Extended than usual: you would sell low and buy high (spread −0.092% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 1 hour of funding at the current rate (+$157 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MEGA-USD0.045010.0104pay 0.0013% / 1h31m 27s$127K$411K5x
ShortGMX MEGA/USD [ETH-USDC]0.04497L +0.0237% / S −0.5353%get 0.0669% / 1h31m 27s$3K45x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$1,102.25
Price spread: −0.092% → 0.000%
−$9.15
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
$1,076.1
Costs to cover
0.170%
Break-even
0.2 days
Slippage unknown: Extended: live order book, 11 min ago; GMX: 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 Extended live order book, 11 min ago5.54 bp67.9 bp −$68356.5 bp −$3,565doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04498−0.066%$1K150xas long as short
BloFin MEGA-USDT+0.0043%4h0.04502+0.024%$199K$93K50xas long as short
Nado MEGA-PERP+0.0050%1h0.04501+0.002%$194K$141K2xas long as short
Lighter MEGA+0.0096%1h0.04514+0.291%$605K$380K3xas long as short
Aster MEGAUSDT+0.0100%4h0.04503+0.045%$20K$96K5xas long as short
Pacifica MEGA+0.0100%1h0.04500−0.027%$14K$10K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04502+0.033%$4.0M$13.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04500−0.020%$3.4M$5.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04498−0.065%$910K$3.1M20xas long as short
Gate MEGA_USDT+0.0100%4h0.04500−0.020%$203K$327K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MEGA_USDT+0.0100%4h0.04503+0.046%$766K$408K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04500−0.020%$225K$120K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04503+0.046%$1.0M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04499−0.043%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04497−0.093%$317K$227Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04501+0.008%$20K$1.9M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04502+0.024%$23K$228K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04496−0.109%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04497−0.087%$1K$1.9M10xas long as short
Bulk MEGA-USD+0.0100%1h0.04500−0.020%$133K$11110xas long as short
Extended MEGA-USDlong+0.0104%1h0.04501long leg$127K$411K5x
Reya MEGARUSDPERP+0.0159%1h0.04500−0.014%$33xas long as short
Phoenix MEGA+0.0176%1h0.04500−0.020%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]shortL +0.0237% / S −0.5353%1h0.04497−0.092%$3K45x
Backpack MEGA_USDC_PERP+0.0306%1h0.04500−0.020%$18K$55K5xas long as short
Hyperliquid MEGA+0.0315%1h0.04510+0.211%$7.8M$2.6M3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0506%1h0.04501+0.002%$109$1525xas long as short
Coinbase International MEGA-PERP-INTX+0.0872%1h0.04589+1.968%$5K$12K50xas long as short