MEGA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.009%

Price spread now: Phoenix against ApeX Omni+0.043%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Phoenix

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Phoenix is 0.043% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.043% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 35 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MEGAUSDT	0.04608	0.0100	pay 0.0013% / 1h	9m 14s	$25K	$231K	50x
Short	Phoenix MEGA	0.04610	0	get 0.0000% / 1h	9m 14s	$21K	$7K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee PhoenixbpOrdersPrice spread, now +0.043%Rate

Funding earned: −$21
Price spread: +0.043% → 0.000%: $4.34
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$33.66
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 62 min ago; Phoenix: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 62 min ago	8.87 bp	17.2 bp −$17	126.1 bp −$1,261	doesn't fit	doesn't fit
Sell Phoenix no order-book sample	—	—	—	—	—

Phoenix: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International MEGA-PERP-INTX	−0.0048%	1h	0.04490	−2.552%	$5K	$12K	50x	as long as short
gTrade (Gains Network) MEGA/USD	L −0.0018% / S +0.0023%	1h	0.04624	+0.347%	$13K	—	150x	as long as short
Phoenix MEGAshort	0.0000%	1h	0.04610	+0.043%	$21K	$7K	5x
Nado MEGA-PERP	+0.0038%	1h	0.04626	+0.391%	$200K	$136K	2x	as long as short
BloFin MEGA-USDT	+0.0089%	4h	0.04644	+0.781%	$201K	$90K	50x	as long as short
Aster MEGAUSDT	+0.0100%	4h	0.04624	+0.354%	$20K	$87K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	0.04628	+0.430%	$14K	$9K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04624	+0.347%	$4.1M	$13.3M	50x	as long as short
Bybit MEGAUSDT	+0.0100%	4h	0.04621	+0.282%	$3.6M	$5.3M	20x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04618	+0.217%	$944K	$3.1M	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate MEGA_USDT	+0.0100%	4h	0.04621	+0.282%	$202K	$315K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	0.04626	+0.391%	$862K	$362K	50x	as long as short
KuCoin MEGAUSDTM	+0.0100%	4h	0.04625	+0.369%	$243K	$116K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	0.04624	+0.347%	$1.1M	$1.5M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04623	+0.326%	—	$1.7M	—	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04606	−0.049%	$325K	$227K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04601	−0.151%	$21K	$1.7M	10x	as long as short
ApeX Omni MEGAUSDTlong	+0.0100%	1h	0.04608	long leg	$25K	$231K	50x
Orderly PERP_MEGA_USDC	+0.0100%	4h	0.04623	+0.326%	$3K	$2K	10x	as long as short
SunX MEGA-USDT	+0.0100%	4h	0.04626	+0.391%	$2K	$1.9M	10x	as long as short
Bulk MEGA-USD	+0.0100%	1h	0.04565	−0.933%	$135K	$4K	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04624	+0.346%	$130K	$822K	5x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	0.04625	+0.365%	$3	—	3x	as long as short
GMX MEGA/USD [ETH-USDC]	L +0.0237% / S −0.5353%	1h	0.04623	+0.319%	$3K	—	45x	as long as short
Backpack MEGA_USDC_PERP	+0.0360%	1h	0.04627	+0.412%	$19K	$41K	5x	as long as short
Lighter MEGA	+0.0960%	1h	0.04644	+0.781%	$653K	$325K	3x	as long as short
Hyperliquid MEGA	+0.1177%	1h	0.04637	+0.627%	$7.9M	$2.4M	3x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.2259%	1h	0.04635	+0.588%	$112	$15	25x	as long as short