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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0184%/8h= −20.2% APRnext payment $0.23 per $10,000 · paid last 24h −0.030%
Price spread now: ApeX Omni against GMX−0.007%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX MEGA/USD [ETH-USDC]0.04541L +0.0237% / S −0.5353%pay 0.0030% / 1h45m 11s$3K45x
ShortApeX Omni MEGAUSDT0.045410.0053get 0.0007% / 1h45m 11s$24K$232K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against GMX. 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
−$38.68
Price spread: −0.007% → 0.000%
−$0.66
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$61.34
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 21 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 GMX no order-book sample
Sell ApeX Omni live order book, 21 min ago9.75 bp18.8 bp −$19138.3 bp −$1,383doesn't fitdoesn't fit
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
Coinbase International MEGA-PERP-INTX−0.0432%1h0.04490−1.121%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04542+0.011%$12K150xas long as short
ApeX Omni MEGAUSDTshort+0.0053%1h0.04541−0.007%$24K$232K50x
Nado MEGA-PERP+0.0081%1h0.04541−0.007%$196K$140K2xas long as short
Aster MEGAUSDT+0.0100%4h0.04545+0.087%$17K$90K5xas long as short
Pacifica MEGA+0.0100%1h0.04543+0.042%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04547+0.120%$4.0M$13.5M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04548+0.148%$3.5M$5.4M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04548+0.148%$933K$3.1M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04535−0.139%$134K$4K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04542+0.015%$201K$319K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04543+0.037%$842K$359K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04550+0.192%$238K$117K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04544+0.059%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04542+0.015%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04541−0.011%$320K$227Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04531−0.227%$28K$1.7M10xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04544+0.059%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04551+0.214%$2K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04543+0.033%$127K$824K5xas long as short
BloFin MEGA-USDT+0.0140%4h0.04533−0.183%$203K$89K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04540−0.022%$33xas long as short
Phoenix MEGA+0.0173%1h0.04531−0.227%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]longL +0.0237% / S −0.5353%1h0.04541long leg$3K45x
Backpack MEGA_USDC_PERP+0.0271%1h0.04544+0.059%$18K$43K5xas long as short
Lighter MEGA+0.1192%1h0.04569+0.610%$643K$324K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1995%1h0.04555+0.293%$110$1525xas long as short
Hyperliquid MEGA+0.2123%1h0.04555+0.304%$7.9M$2.5M3xas long as short