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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
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: BingX against Bitget−0.068%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1221.215% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.055%+$5 · spread now −0.068%, 7d avg −0.039%
Together, before fees+0.055%+$5 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: BingX is 0.029% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MEGAUSDT0.044260.0100pay 0.0050% / 4h2h 47m$1.1M$1.4M50x
ShortBingX MEGA-USDT0.044230.0100get 0.0050% / 4h2h 47m$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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: −0.068% → −0.039%
−$2.9
Slippage, 4 orders
−$99.53
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$124.43
Costs to cover
1.215%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; BingX: live order book, 15 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 Bitget live order book, 4 min ago5.64 bp25.0 bp −$25180.7 bp −$1,807doesn't fitdoesn't fit
Sell BingX live order book, 15 min ago15.70 bp36.6 bp −$3794.2 bp −$942652.3 bp −$65.2K1253.2 bp −$626.6K

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−0.0288%1h0.04400−0.581%$5K$11K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04423−0.060%$12K150xas long as short
Phoenix MEGA0.0000%1h0.04430+0.090%$20K$7K5xas long as short
BloFin MEGA-USDT+0.0051%4h0.04428+0.045%$197K$75K50xas long as short
Nado MEGA-PERP+0.0071%1h0.04425−0.023%$191K$152K2xas long as short
Orderly PERP_MEGA_USDC+0.0097%4h0.04424−0.045%$3K$2K10xas long as short
Aster MEGAUSDT+0.0100%4h0.04424−0.040%$19K$80K5xas long as short
Pacifica MEGA+0.0100%1h0.04427+0.016%$14K$10K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04425−0.023%$4.0M$12.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04423−0.068%$3.4M$4.9M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MEGA-USDT-SWAP+0.0100%4h0.04423−0.068%$906K$2.8M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04450+0.542%$131K$5K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04423−0.068%$189K$310K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04424−0.045%$779K$350K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04427+0.023%$228K$112K50xas long as short
Bitget MEGAUSDTlong+0.0100%4h0.04426long leg$1.1M$1.4M50x
BingX MEGA-USDTshort+0.0100%4h0.04423−0.068%$1.7M
Backpack MEGA_USDC_PERP+0.0100%1h0.04428+0.045%$15K$39K5xas long as short
Variational Omni MEGA+0.0100%4h0.04427+0.012%$236K$109Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04430+0.101%$27K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04425−0.023%$24K$229K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04427+0.023%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04425−0.020%$126K$613K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04426−0.008%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0235% / S −0.5353%1h0.04422−0.095%$3K45xas long as short
Hyperliquid MEGA+0.1394%1h0.04436+0.230%$7.5M$2.4M3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1445%1h0.04432+0.142%$107$1525xas long as short
Lighter MEGA+0.1600%1h0.04445+0.429%$598K$299K3xas long as short