MEGA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.18 per $10,000 · paid last 24h −0.002%

Price spread now: BloFin against KuCoin−0.090%7-day average +0.095% · you buy dearer than you sell

Net, funding: paid 7d − costs−$619as in the Funding arb table

Net, price: spread back to 7d avg − costs−$632as in the Price arb table

costs, in and out, $10k−$6146.138% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 3 days (all we have)+2.675%+$268 · spread now −0.090%, 7d avg +0.095%

Together, before fees+2.624%+$262 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.185% cheaper against KuCoin than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.095%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MEGAUSDTM	0.04455	0.0100	pay 0.0050% / 4h	1h 48m	$235K	$113K	50x
Short	BloFin MEGA-USDT	0.04451	0.0064	get 0.0032% / 4h	1h 48m	$196K	$76K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.090%Rate

Funding earned: −$7.51
Price spread: −0.090% → +0.095%: −$18.52
Slippage, 4 orders: −$589.82
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$639.85
Costs to cover: 6.138%
Break-even: never at this rate

Slippage from KuCoin: live order book, 21 min ago; BloFin: live order book, 26 min ago.

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, 21 min ago	13.40 bp	326.2 bp −$326	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 26 min ago	3.35 bp	19.1 bp −$19	62.0 bp −$620	doesn't fit	doesn't fit

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
Coinbase International MEGA-PERP-INTX	−0.0144%	1h	0.04490	+0.795%	$5K	$12K	50x	as long as short
gTrade (Gains Network) MEGA/USD	L −0.0018% / S +0.0023%	1h	0.04452	−0.073%	$12K	—	150x	as long as short
Nado MEGA-PERP	+0.0043%	1h	0.04452	−0.056%	$192K	$152K	2x	as long as short
BloFin MEGA-USDTshort	+0.0064%	4h	0.04451	−0.090%	$196K	$76K	50x
Orderly PERP_MEGA_USDC	+0.0098%	4h	0.04452	−0.067%	$3K	$2K	10x	as long as short
Aster MEGAUSDT	+0.0100%	4h	0.04453	−0.055%	$20K	$82K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	0.04452	−0.067%	$14K	$8K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04451	−0.081%	$3.9M	$12.8M	50x	as long as short
Bybit MEGAUSDT	+0.0100%	4h	0.04448	−0.157%	$3.4M	$4.9M	20x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04446	−0.202%	$910K	$2.8M	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bulk MEGA-USD	+0.0100%	1h	0.04465	+0.224%	$132K	$5K	10x	as long as short
Gate MEGA_USDT	+0.0100%	4h	0.04452	−0.067%	$190K	$310K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	0.04450	−0.112%	$760K	$345K	50x	as long as short
KuCoin MEGAUSDTMlong	+0.0100%	4h	0.04455	long leg	$235K	$113K	50x
Bitget MEGAUSDT	+0.0100%	4h	0.04452	−0.067%	$1.1M	$1.4M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04450	−0.112%	—	$1.7M	—	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04455	+0.003%	$224K	$135K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04460	+0.112%	$22K	$1.7M	10x	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	0.04460	+0.112%	$24K	$230K	50x	as long as short
SunX MEGA-USDT	+0.0100%	4h	0.04452	−0.067%	$2K	$1.9M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04452	−0.071%	$126K	$613K	5x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	0.04452	−0.063%	$3	—	3x	as long as short
Phoenix MEGA	+0.0179%	1h	0.04464	+0.202%	$20K	$7K	5x	as long as short
GMX MEGA/USD [ETH-USDC]	L +0.0236% / S −0.5353%	1h	0.04451	−0.097%	$3K	—	45x	as long as short
Backpack MEGA_USDC_PERP	+0.0492%	1h	0.04454	−0.022%	$18K	$41K	5x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.0941%	1h	0.04457	+0.043%	$108	$15	25x	as long as short
Lighter MEGA	+0.1168%	1h	0.04472	+0.382%	$618K	$311K	3x	as long as short
Hyperliquid MEGA	+0.1312%	1h	0.04464	+0.195%	$7.6M	$2.4M	3x	as long as short