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: Orderly against Variational Omni−0.172%7-day average · you buy dearer than you sell
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: 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: Orderly is 0.172% cheaper against Variational Omni than usual: you would sell low and buy high, −$17 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni MEGA0.045920.0100pay 0.0050% / 4h3h 58m$324K$223K
ShortOrderly PERP_MEGA_USDC0.045840.0100get 0.0050% / 4h3h 58m$3K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: −0.172% → 0.000%
−$17.16
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$23.16
Costs to cover
0.060%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 41 min ago; Orderly: 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 Variational Omni RFQ quote, 41 min ago6.55 bpdoesn't fit229.3 bp −$2,293doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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
Bybit MEGAUSDT−0.0307%4h0.04583−0.193%$3.5M$5.9M20xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04587−0.108%$1K150xas long as short
Nado MEGA-PERP+0.0038%1h0.04587−0.106%$197K$140K2xas long as short
Aster MEGAUSDT+0.0100%4h0.04585−0.159%$20K$96K5xas long as short
Pacifica MEGA+0.0100%1h0.04591−0.021%$14K$10K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04583−0.191%$4.1M$13.8M50xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04580−0.259%$920K$3.2M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04590−0.041%$136K−$010xas long as short
Gate MEGA_USDT+0.0100%4h0.04584−0.172%$206K$321K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04583−0.193%$759K$400K50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MEGAUSDTM+0.0100%4h0.04585−0.150%$244K$124K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04583−0.193%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04580−0.259%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04586−0.128%$17K$55K5xas long as short
Variational Omni MEGAlong+0.0100%4h0.04592long leg$324K$223K
GRVT MEGA_USDT_Perp+0.0100%4h0.04593+0.024%$22K$2.0M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04604+0.264%$24K$226K50xas long as short
Orderly PERP_MEGA_USDCshort+0.0100%4h0.04584−0.172%$3K$2K10x
SunX MEGA-USDT+0.0100%4h0.04583−0.193%$2K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04585−0.154%$129K$799K5xas long as short
BloFin MEGA-USDT+0.0120%4h0.04591−0.019%$203K$96K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04587−0.109%$33xas long as short
Phoenix MEGA+0.0175%1h0.04608+0.351%$21K$6K5xas long as short
Hyperliquid MEGA+0.0229%1h0.04591−0.024%$7.9M$2.6M3xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0238% / S −0.5353%1h0.04587−0.117%$3K45xas long as short
Lighter MEGA+0.0832%1h0.04605+0.286%$615K$380K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0905%1h0.04594+0.057%$111$1525xas long as short
Coinbase International MEGA-PERP-INTX+0.1296%1h0.04589−0.052%$5K$12K50xas long as short