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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0123%/8h= −13.4% APRnext payment $0.15 per $10,000 · paid last 24h −0.037%
Price spread now: gTrade (Gains Network) against ApeX Omni+0.057%53s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.057% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.057% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 37 hours. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni MEGAUSDT0.046960.0100pay 0.0013% / 1h58m 04s$24K$226K50x
ShortgTrade (Gains Network) MEGA/USD0.04699L +0.0001% / S +0.0023%pay 0.0003% / 1h58m 04s$1K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against ApeX 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
−$25.77
Price spread: +0.057% → 0.000%
$5.71
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 6 bp × 2 orders
−$12
Net
−$42.06
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 33 min ago; gTrade (Gains Network): 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 ApeX Omni live order book, 33 min ago9.87 bp17.3 bp −$17116.4 bp −$1,164doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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
Phoenix MEGA0.0000%1h0.04700+0.085%$21K$6K5xas long as short
gTrade (Gains Network) MEGA/USDshortL +0.0001% / S +0.0023%1h0.04699+0.057%$1K150x
Bybit MEGAUSDT+0.0021%4h0.04686−0.213%$3.6M$5.8M20xas long as short
BloFin MEGA-USDT+0.0046%4h0.04695−0.021%$204K$88K50xas long as short
Aster MEGAUSDT+0.0100%4h0.04684−0.259%$21K$96K5xas long as short
Pacifica MEGA+0.0100%1h0.04689−0.138%$14K$10K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04687−0.192%$4.2M$13.5M50xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04678−0.383%$942K$3.2M20xas long as short
Gate MEGA_USDT+0.0100%4h0.04682−0.298%$210K$323K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04681−0.319%$776K$386K50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MEGAUSDTM+0.0100%4h0.04682−0.298%$253K$125K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04681−0.319%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04678−0.383%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04680−0.341%$19K$53K5xas long as short
Variational Omni MEGA+0.0100%4h0.04694−0.040%$340K$230Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04695−0.012%$20K$2.1M10xas long as short
ApeX Omni MEGAUSDTlong+0.0100%1h0.04696long leg$24K$226K50x
Orderly PERP_MEGA_USDC+0.0100%4h0.04680−0.341%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04683−0.277%$1K$1.8M10xas long as short
Bulk MEGA-USD+0.0100%1h0.04650−0.980%$137K−$010xas long as short
Extended MEGA-USD+0.0104%1h0.04684−0.251%$131K$800K5xas long as short
Nado MEGA-PERP+0.0121%1h0.04686−0.224%$201K$138K2xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04693−0.072%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0238% / S −0.5353%1h0.04697+0.017%$3K45xas long as short
Hyperliquid MEGA+0.0240%1h0.04691−0.113%$8.1M$2.5M3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0583%1h0.04685−0.234%$113$1525xas long as short
Coinbase International MEGA-PERP-INTX+0.0592%1h0.04589−2.268%$5K$12K50xas long as short
Lighter MEGA+0.1664%1h0.04704+0.170%$637K$395K3xas long as short