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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bulk against SunX+0.354%7-day average −0.019% · 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 4 days (all we have)−0.003%$0 on $10k
Price spread, last 4 days (all we have)−2.702%−$270 · spread now +0.354%, 7d avg −0.019%
Together, before fees−2.705%−$270 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.373% dearer against SunX than usual: you sell high and buy low, +$37 on $10k if it goes back to its 7-day average of −0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX MEGA-USDT0.045550.0100pay 0.0050% / 4h3h 09m$2K$1.9M10x
ShortBulk MEGA-USD0.045710.0100get 0.0013% / 1h9m 27s$135K$11110x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against SunX. 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: +0.354% → −0.019%
$37.34
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
$22.34
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: SunX: live order book, 6 min ago; Bulk: live order book, 44 min ago. 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 SunX live order book, 6 min ago501.48 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bulk live order book, 44 min ago10.90 bp14.4 bp −$1448.5 bp −$485286.4 bp −$28.6Kdoesn'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
Coinbase International MEGA-PERP-INTX−0.0680%1h0.04589+0.757%$5K$12K50xas long as short
Phoenix MEGA0.0000%1h0.04571+0.351%$21K$7K5xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04548−0.153%$1K150xas long as short
Bybit MEGAUSDT+0.0080%4h0.04545−0.220%$3.5M$5.8M20xas long as short
Nado MEGA-PERP+0.0086%1h0.04551−0.077%$196K$143K2xas long as short
Aster MEGAUSDT+0.0100%4h0.04551−0.091%$19K$91K5xas long as short
Pacifica MEGA+0.0100%1h0.04555−0.002%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04551−0.099%$4.0M$13.7M50xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04544−0.241%$930K$3.2M20xas long as short
Bulk MEGA-USDshort+0.0100%1h0.04571+0.354%$135K$11110x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04550−0.110%$202K$327K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04548−0.154%$797K$377K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04551−0.088%$232K$119K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04552−0.066%$1.0M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04545−0.220%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04557+0.044%$18K$53K5xas long as short
Variational Omni MEGA+0.0100%4h0.04557+0.047%$322K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04570+0.334%$25K$1.8M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04568+0.285%$24K$229K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04547−0.176%$3K$2K10xas long as short
SunX MEGA-USDTlong+0.0100%4h0.04555long leg$2K$1.9M10x
Extended MEGA-USD+0.0104%1h0.04550−0.103%$129K$479K5xas long as short
BloFin MEGA-USDT+0.0153%4h0.04568+0.285%$202K$94K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04549−0.127%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04546−0.191%$3K45xas long as short
Hyperliquid MEGA+0.0398%1h0.04559+0.081%$7.9M$2.6M3xas long as short
Lighter MEGA+0.0952%1h0.04578+0.505%$648K$344K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0980%1h0.04559+0.092%$110$1525xas long as short