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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.1755%/8h= +192.2% APRpaid last 24h +0.291%
Price spread now: Deribit against Aster+0.267%7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$53 a day on $10k at the current rate, and Deribit is 0.267% dearer against Aster than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MEGAUSDT0.045100.0100pay 0.0050% / 4h56m 16s$18K$82K5x
ShortDeribit MEGA_USDC-PERPETUAL0.045220.1855get 0.0232% / 1h56m 16s$109$1525x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Aster. 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
$368.59
Price spread: +0.267% → 0.000%
$26.68
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$380.27
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Deribit: 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 Aster no order-book sample
Sell Deribit no order-book sample
Aster and Deribit: 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
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04509−0.026%$12K150xas long as short
Orderly PERP_MEGA_USDC+0.0099%4h0.04509−0.026%$3K$2K10xas long as short
Aster MEGAUSDTlong+0.0100%4h0.04510long leg$18K$82K5x
Pacifica MEGA+0.0100%1h0.04510−0.001%$14K$8K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04514+0.089%$3.9M$12.9M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04510−0.004%$3.5M$4.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04512+0.041%$916K$2.9M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04500−0.225%$133K$5K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04506−0.092%$193K$309K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04513+0.063%$775K$348K50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MEGAUSDTM+0.0100%4h0.04512+0.041%$238K$113K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04517+0.152%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04512+0.041%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04498−0.261%$226K$133Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04505−0.109%$27K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04510−0.004%$25K$230K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04512+0.041%$1K$1.9M10xas long as short
BloFin MEGA-USDT+0.0100%4h0.04512+0.041%$195K$77K50xas long as short
Extended MEGA-USD+0.0104%1h0.04516+0.122%$128K$613K5xas long as short
Nado MEGA-PERP+0.0148%1h0.04506−0.092%$195K$136K2xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04509−0.029%$33xas long as short
Phoenix MEGA+0.0179%1h0.04510−0.004%$21K$6K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0236% / S −0.5353%1h0.04509−0.035%$3K45xas long as short
Coinbase International MEGA-PERP-INTX+0.0296%1h0.04490−0.438%$5K$12K50xas long as short
Hyperliquid MEGA+0.0860%1h0.04518+0.178%$7.7M$2.4M3xas long as short
Backpack MEGA_USDC_PERP+0.0898%1h0.04517+0.152%$18K$41K5xas long as short
Lighter MEGA+0.1472%1h0.04535+0.551%$638K$319K3xas long as short
Deribit MEGA_USDC-PERPETUALshort+0.1855%1h0.04522+0.267%$109$1525x