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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0090%/8h= −9.9% APRpaid last 24h −0.025%
Price spread now: BloFin against GMX−0.018%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: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX MEGA/USD [ETH-USDC]0.04526L +0.0236% / S −0.5353%pay 0.0030% / 1h55m 01s$3K45x
ShortBloFin MEGA-USDT0.045250.0146get 0.0073% / 4h3h 55m$195K$77K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$18.92
Price spread: −0.018% → 0.000%
−$1.77
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$44.68
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 10 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 BloFin live order book, 10 min ago1.11 bp23.9 bp −$2482.2 bp −$822doesn'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
ApeX Omni MEGAUSDT−0.1047%1h0.04521−0.106%$25K$231K50xas long as short
Coinbase International MEGA-PERP-INTX−0.0048%1h0.04490−0.782%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04526+0.010%$12K150xas long as short
Aster MEGAUSDT+0.0100%4h0.04527+0.016%$20K$86K5xas long as short
Pacifica MEGA+0.0100%1h0.04523−0.066%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04528+0.049%$3.9M$13.1M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04526+0.004%$3.5M$5.2M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04524−0.040%$925K$3.0M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04527+0.028%$134K$4K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04526+0.004%$198K$311K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MEGA_USDT+0.0100%4h0.04526+0.004%$771K$350K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04526+0.004%$238K$115K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04526+0.004%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04525−0.018%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04529+0.071%$18K$41K5xas long as short
Variational Omni MEGA+0.0100%4h0.04527+0.035%$318K$227Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04519−0.152%$28K$1.7M10xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04524−0.040%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04519−0.150%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04526−0.004%$128K$609K5xas long as short
Nado MEGA-PERP+0.0105%1h0.04519−0.150%$195K$136K2xas long as short
BloFin MEGA-USDTshort+0.0146%4h0.04525−0.018%$195K$77K50x
Reya MEGARUSDPERP+0.0159%1h0.04514−0.252%$33xas long as short
GMX MEGA/USD [ETH-USDC]longL +0.0236% / S −0.5353%1h0.04526long leg$3K45x
Phoenix MEGA+0.0355%1h0.04524−0.040%$21K$7K5xas long as short
Hyperliquid MEGA+0.0697%1h0.04536+0.230%$7.7M$2.4M3xas long as short
Lighter MEGA+0.0712%1h0.04549+0.513%$640K$320K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1893%1h0.04536+0.219%$110$1525xas long as short