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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.032%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$750.747% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.109%−$11 · spread now +0.032%, 7d avg −0.002%
Together, before fees−0.108%−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.034% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MEGAUSDT0.046090.0100pay 0.0050% / 4h43m 41s$4.1M$13.6M50x
ShortMEXC MEGA_USDT0.046100.0100get 0.0050% / 4h43m 41s$815K$373K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Binance. 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: +0.032% → −0.002%
$3.38
Slippage, 4 orders
−$64.68
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$71.3
Costs to cover
0.747%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; MEXC: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 12 min ago1.09 bp27.6 bp −$28113.1 bp −$1,131doesn't fitdoesn't fit
Sell MEXC live order book, 7 min ago4.37 bp11.7 bp −$1262.0 bp −$620216.9 bp −$21.7Kdoesn't fit

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
Coinbase International MEGA-PERP-INTX−0.0744%1h0.04589−0.413%$5K$13K50xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04597−0.254%$1K150xas long as short
Nado MEGA-PERP+0.0058%1h0.04594−0.315%$199K$142K2xas long as short
BloFin MEGA-USDT+0.0079%4h0.04580−0.619%$203K$95K50xas long as short
Hyperliquid MEGA+0.0100%1h0.04617+0.177%$8.0M$2.6M3xas long as short
Aster MEGAUSDT+0.0100%4h0.04610+0.031%$19K$90K5xas long as short
Pacifica MEGA+0.0100%1h0.04611+0.047%$14K$9K3xas long as short
Binance MEGAUSDTlong+0.0100%4h0.04609long leg$4.1M$13.6M50x
Bybit MEGAUSDT+0.0100%4h0.04608−0.011%$3.6M$5.6M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04607−0.033%$942K$3.2M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04608−0.011%$200K$320K20xas long as short
MEXC MEGA_USDTshort+0.0100%4h0.04610+0.032%$815K$373K50x
KuCoin MEGAUSDTM+0.0100%4h0.04609+0.010%$235K$119K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04610+0.032%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04607−0.033%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04581−0.594%$323K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04571−0.811%$24K$1.8M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04587−0.467%$24K$231K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04596−0.272%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04594−0.315%$2K$1.9M10xas long as short
Bulk MEGA-USD+0.0100%1h0.04580−0.619%$135K$4K10xas long as short
Extended MEGA-USD+0.0104%1h0.04608−0.005%$128K$821K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04593−0.344%$33xas long as short
Phoenix MEGA+0.0176%1h0.04584−0.532%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0238% / S −0.5353%1h0.04597−0.256%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0536%1h0.04603−0.120%$18K$49K5xas long as short
Lighter MEGA+0.0616%1h0.04631+0.488%$655K$337K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0925%1h0.04603−0.124%$111$1525xas long as short