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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against OKX0.000%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1291.291% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 7 days+0.038%+$4 · spread now 0.000%, 7d avg +0.010%
Together, before fees+0.052%+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MEGA-USDT-SWAP0.046880.0100pay 0.0050% / 4h3h 03m$943K$3.2M20x
ShortBingX MEGA-USDT0.046880.0100get 0.0050% / 4h3h 03m$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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
$0
Price spread: 0.000% → +0.010%
−$1
Slippage, 4 orders
−$109.06
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$130.06
Costs to cover
1.291%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; BingX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago2.14 bp27.6 bp −$28134.6 bp −$1,346doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago16.07 bp38.2 bp −$38100.5 bp −$1,005727.1 bp −$72.7Kdoesn't fit

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
Phoenix MEGA0.0000%1h0.04675−0.277%$21K$7K5xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04695+0.147%$1K150xas long as short
Bybit MEGAUSDT+0.0044%4h0.04691+0.064%$3.6M$5.8M20xas long as short
Nado MEGA-PERP+0.0061%1h0.04695+0.160%$203K$138K2xas long as short
Aster MEGAUSDT+0.0100%4h0.04693+0.097%$21K$96K5xas long as short
Pacifica MEGA+0.0100%1h0.04697+0.196%$14K$10K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04684−0.080%$4.1M$13.5M50xas long as short
OKX MEGA-USDT-SWAPlong+0.0100%4h0.04688long leg$943K$3.2M20x
Gate MEGA_USDT+0.0100%4h0.04692+0.085%$211K$334K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04690+0.043%$777K$409K50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MEGAUSDTM+0.0100%4h0.04692+0.085%$254K$125K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04690+0.043%$1.1M$1.4M50xas long as short
BingX MEGA-USDTshort+0.0100%4h0.046880.000%$1.7M
Variational Omni MEGA+0.0100%4h0.04672−0.347%$338K$230Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04693+0.099%$27K$2.1M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04689+0.021%$24K$226K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04693+0.107%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04692+0.085%$1K$1.8M10xas long as short
Bulk MEGA-USD+0.0100%1h0.04650−0.811%$137K−$010xas long as short
Extended MEGA-USD+0.0104%1h0.04693+0.113%$131K$800K5xas long as short
BloFin MEGA-USDT+0.0115%4h0.04691+0.064%$205K$88K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04694+0.122%$33xas long as short
Backpack MEGA_USDC_PERP+0.0235%1h0.04692+0.085%$19K$53K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0238% / S −0.5353%1h0.04689+0.028%$3K45xas long as short
Hyperliquid MEGA+0.0350%1h0.04699+0.230%$8.1M$2.5M3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0687%1h0.04700+0.254%$114$1525xas long as short
Lighter MEGA+0.0848%1h0.04715+0.576%$638K$396K3xas long as short
Coinbase International MEGA-PERP-INTX+0.1296%1h0.04589−2.101%$5K$12K50xas long as short