Funding you earn now, next payment 12:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.02 per $10,000 · paid last 24h −0.005%
Price spread now: Binance against BloFin−0.565%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1081.078% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)−0.761%−$76 · spread now −0.565%, 7d avg −0.101%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.464% cheaper against BloFin than usual: you would sell low and buy high, −$46 on $10k if it goes back to its 7-day average of −0.101%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MEGA-USDT | 0.04591 | 0.0097 | pay 0.0048% / 4h | 3h 55m | $204K | $96K | 50x |
| Short | Binance MEGAUSDT | 0.04565 | 0.0100 | get 0.0050% / 4h | 3h 55m | $4.1M | $13.8M | 50x |
BloFin MEGA-USDT
Binance MEGAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0.66
- Price spread: −0.565% → −0.101%
- −$46.37
- Slippage, 4 orders
- −$85.8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$153.51
- Costs to cover
- 1.078%
- Break-even
- 1631.7 days
Slippage from BloFin: live order book, 10 min ago; Binance: live order book, 15 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, 10 min ago | 3.27 bp | 23.9 bp −$24 | 71.8 bp −$718 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 2.19 bp | 27.7 bp −$28 | 108.2 bp −$1,082 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MEGAUSDT | −0.0444% | 4h | 0.04565 | −0.566% | $3.5M | $5.9M | 20x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04557 | −0.747% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0061% | 1h | 0.04557 | −0.751% | $196K | $140K | 2x | as long as short |
| BloFin MEGA-USDTlong | +0.0097% | 4h | 0.04591 | long leg | $204K | $96K | 50x | |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04565 | −0.565% | $20K | $96K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04562 | −0.640% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDTshort | +0.0100% | 4h | 0.04565 | −0.565% | $4.1M | $13.8M | 50x | |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04564 | −0.588% | $914K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04590 | −0.022% | $136K | −$0 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04558 | −0.719% | $205K | $321K | 20x | as long as short |
Bybit MEGAUSDT
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Aster MEGAUSDT
Pacifica MEGA
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04558 | −0.719% | $755K | $401K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04559 | −0.697% | $242K | $124K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04559 | −0.697% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04558 | −0.719% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04562 | −0.632% | $17K | $55K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04572 | −0.419% | $322K | $223K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04587 | −0.087% | $29K | $2.0M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04588 | −0.065% | $24K | $226K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04555 | −0.784% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04556 | −0.762% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04554 | −0.812% | $128K | $799K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04556 | −0.756% | $3 | — | 3x | as long as short |
| Hyperliquid MEGA | +0.0171% | 1h | 0.04567 | −0.516% | $7.9M | $2.6M | 3x | as long as short |
| Phoenix MEGA | +0.0175% | 1h | 0.04592 | +0.022% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04557 | −0.734% | $3K | — | 45x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0255% | 1h | 0.04560 | −0.682% | $110 | $15 | 25x | as long as short |
| Lighter MEGA | +0.0928% | 1h | 0.04579 | −0.261% | $611K | $380K | 3x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.1296% | 1h | 0.04589 | −0.033% | $5K | $12K | 50x | as long as short |
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
Hyperliquid MEGA
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Deribit MEGA_USDC-PERPETUAL
Lighter MEGA
Coinbase International MEGA-PERP-INTX