Funding you earn now, next payment 09:00 UTC+0.0005%/8h= +0.6% APRpaid last 24h −0.005%
Price spread now: Bulk against BloFin−0.022%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1151.145% of the position
Funding, last 4 days (all we have)−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)−1.106%−$111 · spread now −0.022%, 7d avg −0.042%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.020% dearer against BloFin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MEGA-USDT | 0.04591 | 0.0095 | pay 0.0047% / 4h | 3h 56m | $204K | $96K | 50x |
| Short | Bulk MEGA-USD | 0.04590 | 0.0100 | get 0.0013% / 1h | 56m 20s | $136K | −$0 | 10x |
BloFin MEGA-USDT
Bulk MEGA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk 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
- $1.11
- Price spread: −0.022% → −0.042%
- $2.02
- Slippage, 4 orders
- −$95.52
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$111.39
- Costs to cover
- 1.145%
- Break-even
- 708.9 days
Slippage from BloFin: live order book, 9 min ago; Bulk: live order book, 42 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, 9 min ago | 3.27 bp | 23.9 bp −$24 | 71.8 bp −$718 | doesn't fit | doesn't fit |
| Sell Bulk live order book, 42 min ago | 10.88 bp | 48.3 bp −$48 | 95.6 bp −$956 | 368.3 bp −$36.8K | 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 | 0.04575 | −0.352% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0032% | 1h | 0.04577 | −0.294% | $197K | $140K | 2x | as long as short |
| Bybit MEGAUSDT | +0.0055% | 4h | 0.04569 | −0.479% | $3.5M | $5.9M | 20x | as long as short |
| BloFin MEGA-USDTlong | +0.0095% | 4h | 0.04591 | long leg | $204K | $96K | 50x | |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04578 | −0.283% | $20K | $96K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04584 | −0.157% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04574 | −0.369% | $4.1M | $13.8M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04566 | −0.545% | $918K | $3.2M | 20x | as long as short |
| Bulk MEGA-USDshort | +0.0100% | 1h | 0.04590 | −0.022% | $136K | −$0 | 10x | |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04579 | −0.261% | $205K | $321K | 20x | as long as short |
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Bybit MEGAUSDT
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
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 | 0.04574 | −0.370% | $757K | $401K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04578 | −0.283% | $243K | $124K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04579 | −0.261% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04572 | −0.414% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04588 | −0.065% | $17K | $55K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04592 | +0.019% | $324K | $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 | 0.04568 | −0.501% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04585 | −0.131% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04576 | −0.320% | $129K | $799K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04572 | −0.408% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0175% | 1h | 0.04592 | +0.022% | $21K | $7K | 5x | as long as short |
| Hyperliquid MEGA | +0.0223% | 1h | 0.04586 | −0.102% | $7.9M | $2.6M | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04574 | −0.370% | $3K | — | 45x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0447% | 1h | 0.04591 | +0.002% | $111 | $15 | 25x | as long as short |
| Lighter MEGA | +0.0912% | 1h | 0.04602 | +0.240% | $614K | $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
Phoenix MEGA
Hyperliquid MEGA
GMX MEGA/USD [ETH-USDC]
Deribit MEGA_USDC-PERPETUAL
Lighter MEGA
Coinbase International MEGA-PERP-INTX