Funding arb · Price arb /

MEGA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against KuCoin+0.034%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.034% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MEGAUSDTM	0.04501	0.0100	pay 0.0050% / 4h	42m 42s	$237K	$113K	50x
Short	Aster MEGAUSDT	0.04503	0.0100	get 0.0050% / 4h	42m 42s	$18K	$80K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee AsterbpOrdersPrice spread, now +0.034%Rate

Funding earned: $0
Price spread: +0.034% → 0.000%: $3.36
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$16.64
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 18 min ago; Aster: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 18 min ago	12.20 bp	261.4 bp −$261	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) MEGA/USD	L −0.0018% / S +0.0023%	1h	0.04501	+0.005%	$12K	—	150x	as long as short
Orderly PERP_MEGA_USDC	+0.0100%	4h	0.04501	0.000%	$3K	$2K	10x	as long as short
Aster MEGAUSDTshort	+0.0100%	4h	0.04503	+0.034%	$18K	$80K	5x
Pacifica MEGA	+0.0100%	1h	0.04503	+0.038%	$14K	$9K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04501	0.000%	$3.9M	$12.9M	50x	as long as short
Bybit MEGAUSDT	+0.0100%	4h	0.04494	−0.156%	$3.5M	$4.9M	20x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04495	−0.133%	$917K	$2.9M	20x	as long as short
Bulk MEGA-USD	+0.0100%	1h	0.04510	+0.200%	$133K	$5K	10x	as long as short
Gate MEGA_USDT	+0.0100%	4h	0.04496	−0.111%	$192K	$309K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	0.04499	−0.044%	$769K	$349K	50x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MEGAUSDTMlong	+0.0100%	4h	0.04501	long leg	$237K	$113K	50x
Bitget MEGAUSDT	+0.0100%	4h	0.04498	−0.067%	$1.1M	$1.4M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04496	−0.111%	—	$1.7M	—	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04512	+0.243%	$226K	$133K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04513	+0.264%	$21K	$1.7M	10x	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	0.04508	+0.156%	$25K	$230K	50x	as long as short
SunX MEGA-USDT	+0.0100%	4h	0.04503	+0.044%	$2K	$1.9M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04499	−0.051%	$128K	$613K	5x	as long as short
BloFin MEGA-USDT	+0.0105%	4h	0.04503	+0.044%	$194K	$77K	50x	as long as short
Nado MEGA-PERP	+0.0109%	1h	0.04505	+0.089%	$195K	$135K	2x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	0.04501	+0.010%	$3	—	3x	as long as short
GMX MEGA/USD [ETH-USDC]	L +0.0236% / S −0.5353%	1h	0.04500	−0.018%	$3K	—	45x	as long as short
Coinbase International MEGA-PERP-INTX	+0.0296%	1h	0.04490	−0.236%	$5K	$12K	50x	as long as short
Phoenix MEGA	+0.0355%	1h	0.04513	+0.267%	$21K	$7K	5x	as long as short
Backpack MEGA_USDC_PERP	+0.0754%	1h	0.04505	+0.089%	$18K	$41K	5x	as long as short
Hyperliquid MEGA	+0.0878%	1h	0.04512	+0.247%	$7.7M	$2.3M	3x	as long as short
Lighter MEGA	+0.1544%	1h	0.04521	+0.444%	$636K	$319K	3x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.1705%	1h	0.04509	+0.184%	$109	$15	25x	as long as short