Funding you earn now, next payment 00:00 UTC−0.0274%/8h= −30.0% APRpaid last 24h −0.035%
Price spread now: SunX against Backpack−0.133%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and SunX is 0.133% cheaper against Backpack than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack MEGA_USDC_PERP | 0.04514 | 0.0374 | pay 0.0047% / 1h | 4m 35s | $18K | $41K | 5x |
| Short | SunX MEGA-USDT | 0.04508 | 0.0100 | get 0.0050% / 4h | 4m 35s | $1K | $1.9M | 10x |
Backpack MEGA_USDC_PERP
SunX MEGA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$57.52
- Price spread: −0.133% → 0.000%
- −$13.29
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$88.81
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Backpack: no order-book sample; SunX: live order book, 11 min ago. 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 Backpack no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 11 min ago | 501.27 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Backpack: 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 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MEGAUSDT | +0.0067% | 4h | 0.04514 | 0.000% | $3.5M | $4.9M | 20x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04517 | +0.065% | $18K | $83K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04518 | +0.089% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04518 | +0.087% | $3.9M | $12.9M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04515 | +0.022% | $919K | $2.9M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04515 | +0.020% | $133K | $4K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04512 | −0.044% | $196K | $313K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04517 | +0.066% | $769K | $355K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04518 | +0.089% | $238K | $114K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04518 | +0.089% | $1.1M | $1.4M | 50x | as long as short |
Bybit MEGAUSDT
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MEGA-USDT | +0.0100% | 4h | 0.04516 | +0.044% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04501 | −0.290% | $226K | $133K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04520 | +0.132% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04506 | −0.177% | $25K | $231K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04506 | −0.177% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDTshort | +0.0100% | 4h | 0.04508 | −0.133% | $1K | $1.9M | 10x | |
| Extended MEGA-USD | +0.0104% | 1h | 0.04518 | +0.080% | $128K | $613K | 5x | as long as short |
| Nado MEGA-PERP | +0.0107% | 1h | 0.04519 | +0.100% | $195K | $135K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0110% | 4h | 0.04509 | −0.111% | $195K | $76K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04507 | −0.147% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04507 | −0.146% | $3K | — | 45x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.0296% | 1h | 0.04490 | −0.523% | $5K | $12K | 50x | as long as short |
| Phoenix MEGA | +0.0355% | 1h | 0.04506 | −0.177% | $21K | $7K | 5x | as long as short |
| Backpack MEGA_USDC_PERPlong | +0.0374% | 1h | 0.04514 | long leg | $18K | $41K | 5x | |
| Hyperliquid MEGA | +0.0881% | 1h | 0.04525 | +0.246% | $7.7M | $2.4M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0992% | 1h | 0.04516 | +0.044% | $109 | $15 | 25x | as long as short |
| Lighter MEGA | +0.1248% | 1h | 0.04539 | +0.554% | $638K | $320K | 3x | as long as short |
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
Extended MEGA-USD
Nado MEGA-PERP
BloFin MEGA-USDT
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Coinbase International MEGA-PERP-INTX
Phoenix MEGA
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL
Lighter MEGA