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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget+0.022%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$533as in the Funding arb table
Net, price: spread back to 7d avg − costs−$533as in the Price arb table
costs, in and out, $10k−$5335.335% 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)+0.004%$0 · spread now +0.022%, 7d avg +0.014%
Together, before fees+0.004%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MEGAUSDT0.045710.0100pay 0.0050% / 4h3h 49m$1.0M$1.5M50x
ShortKuCoin MEGAUSDTM0.045720.0100get 0.0050% / 4h3h 49m$243K$124K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.022% → +0.014%
$0.74
Slippage, 4 orders
−$509.46
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$532.73
Costs to cover
5.335%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 42 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, 2 min ago7.64 bp28.5 bp −$28188.4 bp −$1,884doesn't fitdoesn't fit
Sell KuCoin live order book, 42 min ago17.56 bp256.2 bp −$256doesn't fitdoesn't fitdoesn'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
Phoenix MEGA0.0000%1h0.04555−0.350%$21K$7K5xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04578+0.153%$1K150xas long as short
Nado MEGA-PERP+0.0031%1h0.04574+0.066%$197K$140K2xas long as short
Aster MEGAUSDT+0.0100%4h0.04572+0.015%$20K$96K5xas long as short
Pacifica MEGA+0.0100%1h0.04576+0.109%$14K$10K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04570−0.022%$4.0M$13.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04570−0.022%$3.5M$5.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04570−0.022%$916K$3.1M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04590+0.416%$136K−$010xas long as short
Gate MEGA_USDT+0.0100%4h0.045710.000%$205K$321K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MEGA_USDT+0.0100%4h0.045710.000%$757K$401K50xas long as short
KuCoin MEGAUSDTMshort+0.0100%4h0.04572+0.022%$243K$124K50x
Bitget MEGAUSDTlong+0.0100%4h0.04571long leg$1.0M$1.5M50x
BingX MEGA-USDT+0.0100%4h0.04570−0.022%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04573+0.044%$17K$55K5xas long as short
Variational Omni MEGA+0.0100%4h0.04576+0.115%$322K$223Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04562−0.196%$21K$2.0M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04565−0.131%$23K$226K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04569−0.044%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04570−0.022%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04569−0.036%$128K$799K5xas long as short
BloFin MEGA-USDT+0.0118%4h0.04568−0.066%$203K$95K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04571−0.005%$33xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0209%1h0.04574+0.057%$111$1525xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04571−0.004%$3K45xas long as short
Hyperliquid MEGA+0.0269%1h0.04579+0.179%$7.9M$2.6M3xas long as short
Lighter MEGA+0.0896%1h0.04592+0.459%$613K$380K3xas long as short
Coinbase International MEGA-PERP-INTX+0.1296%1h0.04589+0.405%$5K$12K50xas long as short