Funding you earn now, next payment 04:00 UTC+0.0002%/8h= +0.3% APRnext payment +$0.01 per $10,000 · paid last 24h −0.003%
Price spread now: BingX against BloFin+0.684%111s7-day average −0.143% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1161.165% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)−8.568%−$857 · spread now +0.684%, 7d avg −0.143%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.827% dearer against BloFin than usual: you sell high and buy low, +$83 on $10k if it goes back to its 7-day average of −0.143%. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MEGA-USDT | 0.04531 | 0.0098 | pay 0.0049% / 4h | 1h 35m | $200K | $90K | 50x |
| Short | BingX MEGA-USDT | 0.04562 | 0.0100 | get 0.0050% / 4h | 1h 35m | — | $1.7M | — |
BloFin MEGA-USDT
BingX MEGA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $0.51
- Price spread: +0.684% → −0.143%
- $82.67
- Slippage, 4 orders
- −$94.45
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$33.27
- Costs to cover
- 1.165%
- Break-even
- 463.6 days
Slippage from BloFin: live order book, 2 min ago; BingX: live order book, 12 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, 2 min ago | 2.20 bp | 16.9 bp −$17 | 71.8 bp −$718 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 15.46 bp | 34.8 bp −$35 | 97.0 bp −$970 | 725.4 bp −$72.5K | 1206.0 bp −$603.0K |
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 | −0.0800% | 1h | 0.04490 | −0.896% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04561 | +0.662% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0063% | 1h | 0.04558 | +0.607% | $197K | $141K | 2x | as long as short |
| BloFin MEGA-USDTlong | +0.0098% | 4h | 0.04531 | long leg | $200K | $90K | 50x | |
| Hyperliquid MEGA | +0.0100% | 1h | 0.04568 | +0.806% | $7.9M | $2.6M | 3x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04556 | +0.548% | $18K | $89K | 5x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04563 | +0.708% | $4.0M | $13.6M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04560 | +0.640% | $3.6M | $5.5M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04561 | +0.662% | $936K | $3.1M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04555 | +0.530% | $134K | $4K | 10x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Hyperliquid MEGA
Aster MEGAUSDT
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 | 0.04557 | +0.574% | $201K | $317K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04560 | +0.640% | $808K | $365K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04560 | +0.640% | $229K | $117K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04561 | +0.662% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDTshort | +0.0100% | 4h | 0.04562 | +0.684% | — | $1.7M | — | |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04559 | +0.618% | $18K | $46K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04552 | +0.466% | $321K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04538 | +0.154% | $30K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04540 | +0.199% | $24K | $230K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04561 | +0.662% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04564 | +0.728% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04556 | +0.546% | $128K | $825K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04561 | +0.656% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0175% | 1h | 0.04536 | +0.110% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04563 | +0.700% | $3K | — | 45x | as long as short |
| Pacifica MEGA | +0.0245% | 1h | 0.04551 | +0.452% | $14K | $9K | 3x | as long as short |
| Lighter MEGA | +0.0568% | 1h | 0.04574 | +0.949% | $647K | $330K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.2315% | 1h | 0.04574 | +0.947% | $111 | $15 | 25x | as long as short |
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
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
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Pacifica MEGA
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL