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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: Pacifica against Orderly+0.194%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 airdropPacifica: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.194% dearer against Orderly than usual: you sell high and buy low, +$19 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_USDC0.044950.0100pay 0.0050% / 4h1h 36m$3K$2K10x
ShortPacifica MEGA0.045040.0100get 0.0013% / 1h36m 09s$14K$10K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.194% → 0.000%
$19.35
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$5.35
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; Pacifica: 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 Pacifica no order-book sample
Orderly and Pacifica: 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%1h0.04497+0.043%$1K150xas long as short
Nado MEGA-PERP+0.0058%1h0.04496+0.033%$194K$142K2xas long as short
BloFin MEGA-USDT+0.0071%4h0.04507+0.267%$198K$93K50xas long as short
Lighter MEGA+0.0096%1h0.04515+0.445%$605K$379K3xas long as short
Bybit MEGAUSDT+0.0100%4h0.04493−0.044%$3.4M$5.9M20xas long as short
Aster MEGAUSDT+0.0100%4h0.04498+0.071%$20K$96K5xas long as short
Pacifica MEGAshort+0.0100%1h0.04504+0.194%$14K$10K3x
Binance MEGAUSDT+0.0100%4h0.04495+0.009%$3.9M$13.7M50xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04492−0.067%$908K$3.1M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04520+0.556%$133K$11110xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04498+0.067%$203K$327K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04496+0.022%$773K$405K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04499+0.089%$225K$120K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04498+0.067%$1.0M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04494−0.022%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04511+0.350%$318K$227Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04516+0.467%$21K$1.9M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04514+0.423%$23K$228K50xas long as short
Orderly PERP_MEGA_USDClong+0.0100%4h0.04495long leg$3K$2K10x
SunX MEGA-USDT+0.0100%4h0.04503+0.178%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04493−0.036%$126K$406K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04494−0.027%$33xas long as short
Phoenix MEGA+0.0176%1h0.04509+0.311%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04496+0.011%$3K45xas long as short
Hyperliquid MEGA+0.0349%1h0.04503+0.187%$7.8M$2.6M3xas long as short
Backpack MEGA_USDC_PERP+0.0360%1h0.04511+0.356%$18K$55K5xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0617%1h0.04500+0.111%$109$1525xas long as short
Coinbase International MEGA-PERP-INTX+0.0872%1h0.04589+2.102%$5K$12K50xas long as short