Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance−0.041%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1351.348% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 7 days+0.032%+$3 · spread now −0.041%, 7d avg −0.034%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MEGAUSDT | 0.04495 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $4.0M | $12.7M | 50x |
| Short | OKX MEGA-USDT-SWAP | 0.04493 | 0.0100 | get 0.0050% / 4h | 2h 21m | $920K | $2.9M | 20x |
Binance MEGAUSDT
OKX MEGA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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
- $0
- Price spread: −0.041% → −0.034%
- −$0.67
- Slippage, 4 orders
- −$114.85
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$135.52
- Costs to cover
- 1.348%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; OKX: live order book, 6 min ago.
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 Binance live order book, 4 min ago | 1.12 bp | 21.8 bp −$22 | 123.3 bp −$1,233 | doesn't fit | doesn't fit |
| Sell OKX live order book, 6 min ago | 1.12 bp | 40.6 bp −$41 | 175.8 bp −$1,758 | doesn't fit | doesn't fit |
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 | −0.0288% | 1h | 0.04490 | −0.099% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04494 | −0.008% | $12K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04499 | +0.092% | $21K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0051% | 1h | 0.04499 | +0.104% | $194K | $151K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0058% | 4h | 0.04485 | −0.219% | $197K | $77K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0098% | 4h | 0.04495 | +0.003% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04498 | +0.073% | $20K | $80K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04500 | +0.115% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDTlong | +0.0100% | 4h | 0.04495 | long leg | $4.0M | $12.7M | 50x | |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04494 | −0.019% | $3.5M | $4.9M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Nado MEGA-PERP
BloFin MEGA-USDT
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Bybit MEGAUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX MEGA-USDT-SWAPshort | +0.0100% | 4h | 0.04493 | −0.041% | $920K | $2.9M | 20x | |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04500 | +0.104% | $133K | $5K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04495 | +0.003% | $191K | $311K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04497 | +0.048% | $779K | $354K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04496 | +0.026% | $237K | $112K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04494 | −0.019% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04494 | −0.019% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04501 | +0.137% | $18K | $41K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04469 | −0.567% | $237K | $109K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04490 | −0.107% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04486 | −0.197% | $25K | $229K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04496 | +0.026% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04494 | −0.020% | $127K | $613K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04495 | +0.010% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04495 | −0.005% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.1282% | 1h | 0.04507 | +0.282% | $7.6M | $2.4M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1330% | 1h | 0.04502 | +0.153% | $109 | $15 | 25x | as long as short |
| Lighter MEGA | +0.2776% | 1h | 0.04519 | +0.537% | $625K | $327K | 3x | as long as short |
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL
Lighter MEGA