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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0099%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.034%
Price spread now: Bulk against gTrade (Gains Network)−0.797%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 4 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. Bulk is 0.797% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.797% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$80 on $10k: about 27 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) MEGA/USD0.04607L +0.0001% / S +0.0023%pay 0.0000% / 1h44m 53s$1K150x
ShortBulk MEGA-USD0.045700.0100get 0.0013% / 1h44m 53s$135K−$010x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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: −0.797% → 0.000%
−$79.69
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 6 bp × 2 orders
−$12
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$77.8
Costs to cover
0.190%
Break-even
33.1 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Bulk: live order book, 54 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 Bulk live order book, 54 min ago10.88 bp48.3 bp −$4895.6 bp −$956368.3 bp −$36.8Kdoesn'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
Phoenix MEGA0.0000%1h0.04584−0.493%$21K$7K5xas long as short
gTrade (Gains Network) MEGA/USDlongL +0.0001% / S +0.0023%1h0.04607long leg$1K150x
Bybit MEGAUSDT+0.0010%4h0.04606−0.015%$3.5M$5.9M20xas long as short
Nado MEGA-PERP+0.0031%1h0.04602−0.091%$198K$139K2xas long as short
Aster MEGAUSDT+0.0100%4h0.04610+0.061%$21K$96K5xas long as short
Pacifica MEGA+0.0100%1h0.04591−0.337%$14K$10K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04607+0.013%$4.1M$13.7M50xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04603−0.081%$924K$3.2M20xas long as short
Bulk MEGA-USDshort+0.0100%1h0.04570−0.797%$135K−$010x
Gate MEGA_USDT+0.0100%4h0.04609+0.050%$207K$331K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MEGA_USDT+0.0100%4h0.04610+0.071%$764K$402K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04608+0.028%$245K$124K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04611+0.093%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04605−0.037%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04612+0.115%$17K$55K5xas long as short
Variational Omni MEGA+0.0100%4h0.04588−0.401%$324K$223Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04581−0.558%$21K$2.0M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04593−0.298%$24K$227K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04605−0.037%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04586−0.450%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04605−0.042%$129K$799K5xas long as short
BloFin MEGA-USDT+0.0118%4h0.04593−0.298%$202K$96K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04605−0.031%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0238% / S −0.5353%1h0.04607−0.005%$3K45xas long as short
Hyperliquid MEGA+0.0329%1h0.04615+0.186%$8.0M$2.6M3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0596%1h0.04611+0.100%$112$1525xas long as short
Lighter MEGA+0.1128%1h0.04627+0.440%$618K$381K3xas long as short
Coinbase International MEGA-PERP-INTX+0.1296%1h0.04589−0.374%$5K$12K50xas long as short