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: ApeX Omni against Variational Omni+0.356%103s7-day average +0.062% · 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)+0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.288%−$29 · spread now +0.356%, 7d avg +0.062%
Together, before fees−0.285%+ Points / potential airdropVariational Omni: Active · farm board−$28 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: ApeX Omni is 0.294% dearer against Variational Omni than usual: you sell high and buy low, +$29 on $10k if it goes back to its 7-day average of +0.062%. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni MEGA0.045780.0100pay 0.0050% / 4h3h 51m$323K$226K
ShortApeX Omni MEGAUSDT0.045940.0100get 0.0013% / 1h51m 44s$24K$230K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Variational Omni. 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: +0.356% → +0.062%
$29.44
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$19.44
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; ApeX Omni: live order book, 65 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 Variational Omni RFQ quote, 2 min ago5.45 bpdoesn't fit158.2 bp −$1,582doesn't fitdoesn't fit
Sell ApeX Omni live order book, 65 min ago7.62 bp16.2 bp −$16128.1 bp −$1,281doesn't fitdoesn'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+0.258%$5K$12K50xas long as short
Phoenix MEGA0.0000%1h0.04593+0.334%$21K$7K5xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04594+0.352%$1K150xas long as short
Nado MEGA-PERP+0.0086%1h0.04594+0.356%$198K$144K2xas long as short
Aster MEGAUSDT+0.0100%4h0.04596+0.407%$19K$90K5xas long as short
Pacifica MEGA+0.0100%1h0.04588+0.223%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04585+0.167%$4.1M$13.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04580+0.050%$3.5M$5.8M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04580+0.050%$938K$3.2M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04590+0.269%$136K$11110xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04592+0.312%$205K$326K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04595+0.378%$806K$374K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04593+0.334%$234K$119K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04590+0.269%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04590+0.269%$1.7Mas long as short
Variational Omni MEGAlong+0.0100%4h0.04578long leg$323K$226K
GRVT MEGA_USDT_Perp+0.0100%4h0.04589+0.254%$19K$1.8M10xas long as short
ApeX Omni MEGAUSDTshort+0.0100%1h0.04594+0.356%$24K$230K50x
Orderly PERP_MEGA_USDC+0.0100%4h0.04593+0.334%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04593+0.334%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04593+0.328%$128K$824K5xas long as short
BloFin MEGA-USDT+0.0113%4h0.04587+0.203%$203K$95K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04592+0.318%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0238% / S −0.5353%1h0.04594+0.367%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0311%1h0.04596+0.400%$18K$53K5xas long as short
Hyperliquid MEGA+0.0431%1h0.04601+0.502%$7.9M$2.6M3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0816%1h0.04600+0.476%$111$1525xas long as short
Lighter MEGA+0.0832%1h0.04614+0.793%$653K$341K3xas long as short