Funding you earn now, next payment 07:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h −0.005%
Price spread now: ApeX Omni against BloFin−0.874%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$880.881% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)−0.685%−$68 · spread now −0.874%, 7d avg −0.069%
=Funding pays, the price is against you. ApeX Omni is 0.805% cheaper against BloFin than usual: you would sell low and buy high (spread −0.874% now, against its 7-day average of −0.069%). If the spread goes back, that is −$81 on $10k: about 3 months of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.028% in total) that is about 7 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MEGA-USDT | 0.04576 | 0.0072 | pay 0.0036% / 4h | 1h 04m | $201K | $95K | 50x |
| Short | ApeX Omni MEGAUSDT | 0.04536 | 0.0100 | get 0.0013% / 1h | 4m 33s | $23K | $228K | 50x |
BloFin MEGA-USDT
ApeX Omni MEGAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against BloFin. 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
- $5.96
- Price spread: −0.874% → −0.069%
- −$80.52
- Slippage, 4 orders
- −$66.1
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$162.66
- Costs to cover
- 0.881%
- Break-even
- 198.0 days
Slippage from BloFin: live order book, 6 min ago; ApeX Omni: live order book, 37 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 BloFin live order book, 6 min ago | 1.10 bp | 23.5 bp −$23 | 74.1 bp −$741 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 37 min ago | 11.09 bp | 18.9 bp −$19 | 133.4 bp −$1,334 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04578 | +0.037% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0053% | 1h | 0.04577 | +0.022% | $197K | $141K | 2x | as long as short |
| BloFin MEGA-USDTlong | +0.0072% | 4h | 0.04576 | long leg | $201K | $95K | 50x | |
| Lighter MEGA | +0.0096% | 1h | 0.04590 | +0.306% | $613K | $382K | 3x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04574 | −0.047% | $20K | $96K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04572 | −0.081% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04571 | −0.113% | $4.0M | $13.7M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04567 | −0.197% | $3.5M | $5.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04563 | −0.284% | $922K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04520 | −1.224% | $133K | $111 | 10x | as long as short |
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Lighter MEGA
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.0100% | 4h | 0.04566 | −0.219% | $206K | $327K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04567 | −0.197% | $774K | $410K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04567 | −0.197% | $228K | $120K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04565 | −0.240% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04565 | −0.240% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04564 | −0.258% | $321K | $227K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04533 | −0.942% | $23K | $1.9M | 10x | as long as short |
| ApeX Omni MEGAUSDTshort | +0.0100% | 1h | 0.04536 | −0.874% | $23K | $228K | 50x | |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04578 | +0.044% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04578 | +0.044% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04564 | −0.258% | $129K | $409K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04579 | +0.060% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0176% | 1h | 0.04539 | −0.809% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04579 | +0.059% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.0288% | 1h | 0.04580 | +0.081% | $7.9M | $2.6M | 3x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0465% | 1h | 0.04581 | +0.109% | $18K | $55K | 5x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0580% | 1h | 0.04582 | +0.135% | $111 | $15 | 25x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.0872% | 1h | 0.04589 | +0.295% | $5K | $12K | 50x | as long as short |
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Backpack MEGA_USDC_PERP
Deribit MEGA_USDC-PERPETUAL
Coinbase International MEGA-PERP-INTX