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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Orderly+0.074%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno 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 0.074% dearer against Orderly than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_MEGA_USDC0.045860.0100pay 0.0050% / 4h0m 26s$3K$2K10x
ShortAster MEGAUSDT0.045890.0100get 0.0050% / 4h0m 26s$21K$96K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Orderly. 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: +0.074% → 0.000%
$7.4
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$6.6
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Aster no order-book sample
Orderly and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04594+0.178%$1K150xas long as short
Nado MEGA-PERP+0.0043%1h0.04587+0.033%$197K$140K2xas long as short
BloFin MEGA-USDT+0.0093%4h0.04593+0.153%$203K$96K50xas long as short
Aster MEGAUSDTshort+0.0100%4h0.04589+0.074%$21K$96K5x
Pacifica MEGA+0.0100%1h0.04596+0.216%$14K$10K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04589+0.065%$4.1M$13.8M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04587+0.022%$3.5M$5.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04587+0.022%$922K$3.2M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04560−0.567%$135K−$010xas long as short
Gate MEGA_USDT+0.0100%4h0.04588+0.044%$206K$329K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MEGA_USDT+0.0100%4h0.04588+0.044%$761K$411K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04585−0.022%$244K$124K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04589+0.065%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.045860.000%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04592+0.128%$324K$223Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04602+0.349%$22K$2.0M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04604+0.392%$24K$226K50xas long as short
Orderly PERP_MEGA_USDClong+0.0100%4h0.04586long leg$3K$2K10x
SunX MEGA-USDT+0.0100%4h0.04590+0.087%$2K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04591+0.118%$129K$799K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04587+0.019%$33xas long as short
Phoenix MEGA+0.0175%1h0.04608+0.480%$21K$7K5xas long as short
Lighter MEGA+0.0232%1h0.04616+0.654%$616K$385K3xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0238% / S −0.5353%1h0.04594+0.172%$3K45xas long as short
Hyperliquid MEGA+0.0433%1h0.04598+0.259%$7.9M$2.6M3xas long as short
Backpack MEGA_USDC_PERP+0.0474%1h0.04598+0.262%$18K$55K5xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0599%1h0.04598+0.273%$111$1525xas long as short
Coinbase International MEGA-PERP-INTX+0.1376%1h0.04589+0.076%$5K$12K50xas long as short