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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.5253%/8hpaid last 24h +0.879%
Price spread now: GMX against KuCoin−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: +$158 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MEGAUSDTM0.044100.0100pay 0.0050% / 4h29m 11s$228K$115K50x
ShortGMX MEGA/USD [ETH-USDC]0.04409L +0.0235% / S −0.5353%get 0.0669% / 1h29m 11s$3K45x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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

Funding earned
$1,103.09
Price spread: −0.018% → 0.000%
−$1.81
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee GMX: 6 bp × 2 orders
−$12
Net
$1,077.28
Costs to cover
0.240%
Break-even
0.2 days
Slippage unknown: KuCoin: live order book, 15 min ago; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 15 min ago10.13 bp298.6 bp −$299doesn't fitdoesn't fitdoesn't fit
Sell GMX no order-book sample
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
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04410−0.006%$12K150xas long as short
Phoenix MEGA0.0000%1h0.04415+0.113%$20K$7K5xas long as short
Nado MEGA-PERP+0.0013%1h0.04410+0.011%$190K$162K2xas long as short
Backpack MEGA_USDC_PERP+0.0091%1h0.044100.000%$14K$41K5xas long as short
Orderly PERP_MEGA_USDC+0.0095%4h0.04407−0.068%$3K$2K10xas long as short
Lighter MEGA+0.0096%1h0.04430+0.454%$593K$294K3xas long as short
Aster MEGAUSDT+0.0100%4h0.04409−0.023%$23K$79K5xas long as short
Pacifica MEGA+0.0100%1h0.04413+0.068%$14K$11K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04406−0.091%$4.0M$13.0M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04406−0.091%$3.1M$4.6M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MEGA-USDT-SWAP+0.0100%4h0.04406−0.091%$914K$3.0M20xas long as short
Gate MEGA_USDT+0.0100%4h0.04408−0.045%$180K$269K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04406−0.091%$784K$357K50xas long as short
KuCoin MEGAUSDTMlong+0.0100%4h0.04410long leg$228K$115K50x
Bitget MEGAUSDT+0.0100%4h0.044100.000%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04406−0.091%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04412+0.045%$238K$106Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04411+0.023%$23K$1.6M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04411+0.023%$24K$227K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04406−0.091%$2K$1.9M10xas long as short
Bulk MEGA-USD+0.0100%1h0.04411+0.025%$133K$2K10xas long as short
Extended MEGA-USD+0.0104%1h0.04406−0.086%$125K$613K5xas long as short
BloFin MEGA-USDT+0.0123%4h0.04405−0.113%$202K$76K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04406−0.081%$33xas long as short
GMX MEGA/USD [ETH-USDC]shortL +0.0235% / S −0.5353%1h0.04409−0.018%$3K45x
Deribit MEGA_USDC-PERPETUAL+0.0680%1h0.04414+0.082%$107$1525xas long as short
Hyperliquid MEGA+0.0932%1h0.04420+0.224%$7.4M$2.5M3xas long as short
Coinbase International MEGA-PERP-INTX+0.1424%1h0.04400−0.220%$5K$12K50xas long as short