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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0099%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.035%
Price spread now: ApeX Omni against gTrade (Gains Network)−0.043%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 feesneeds both histories
Funding pays, the price is against you. ApeX Omni is 0.043% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.043% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 35 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) MEGA/USD0.04626L +0.0001% / S +0.0023%pay 0.0000% / 1h15m 07s$1K150x
ShortApeX Omni MEGAUSDT0.046240.0100get 0.0013% / 1h15m 07s$24K$230K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against gTrade (Gains Network). 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
$20.88
Price spread: −0.043% → 0.000%
−$4.32
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$5.44
Costs to cover
0.220%
Break-even
8.8 days
Slippage unknown: gTrade (Gains Network): no order-book sample; ApeX Omni: live order book, 41 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 gTrade (Gains Network) no order-book sample
Sell ApeX Omni live order book, 41 min ago7.62 bp16.2 bp −$16128.1 bp −$1,281doesn't fitdoesn't fit
gTrade (Gains Network): 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−0.0744%1h0.04589−0.789%$5K$13K50xas long as short
gTrade (Gains Network) MEGA/USDlongL +0.0001% / S +0.0023%1h0.04626long leg$1K150x
Nado MEGA-PERP+0.0071%1h0.04623−0.054%$200K$142K2xas long as short
Aster MEGAUSDT+0.0100%4h0.04628+0.037%$19K$90K5xas long as short
Pacifica MEGA+0.0100%1h0.04624−0.048%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04627+0.022%$4.1M$13.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04625−0.022%$3.6M$5.7M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04623−0.065%$947K$3.2M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04630+0.086%$137K$4K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04625−0.022%$200K$321K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MEGA_USDT+0.0100%4h0.04629+0.065%$815K$376K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04627+0.022%$237K$119K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.046260.000%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04624−0.043%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04613−0.277%$326K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04624−0.044%$26K$1.8M10xas long as short
ApeX Omni MEGAUSDTshort+0.0100%1h0.04624−0.043%$24K$230K50x
Orderly PERP_MEGA_USDC+0.0100%4h0.04628+0.043%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04619−0.151%$2K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04628+0.049%$130K$821K5xas long as short
Hyperliquid MEGA+0.0121%1h0.04634+0.173%$8.0M$2.6M3xas long as short
BloFin MEGA-USDT+0.0153%4h0.04621−0.108%$204K$96K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04623−0.070%$33xas long as short
Phoenix MEGA+0.0176%1h0.04623−0.065%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0238% / S −0.5353%1h0.04624−0.039%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0507%1h0.04631+0.108%$20K$52K5xas long as short
Lighter MEGA+0.0584%1h0.04652+0.562%$658K$340K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1262%1h0.04636+0.220%$112$1525xas long as short