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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0141%/8h= −15.5% APRpaid last 24h −0.042%
Price spread now: gTrade (Gains Network) against BloFin−0.138%70s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and gTrade (Gains Network) is 0.138% cheaper against BloFin than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MEGA-USDT0.045720.0119pay 0.0059% / 4h1h 02m$201K$95K50x
ShortgTrade (Gains Network) MEGA/USD0.04566L +0.0001% / S +0.0023%pay 0.0003% / 1h2m 57s$1K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against BloFin. 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
−$29.66
Price spread: −0.138% → 0.000%
−$13.85
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 6 bp × 2 orders
−$12
Net
−$67.51
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 8 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 8 min ago1.10 bp23.5 bp −$2374.1 bp −$741doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
gTrade (Gains Network) MEGA/USDshortL +0.0001% / S +0.0023%1h0.04566−0.138%$1K150x
Nado MEGA-PERP+0.0054%1h0.04567−0.109%$197K$141K2xas long as short
Lighter MEGA+0.0096%1h0.04586+0.306%$612K$382K3xas long as short
Aster MEGAUSDT+0.0100%4h0.04547−0.556%$20K$96K5xas long as short
Pacifica MEGA+0.0100%1h0.04575+0.066%$14K$10K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04554−0.394%$4.0M$13.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04554−0.394%$3.5M$5.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04552−0.437%$920K$3.2M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04520−1.137%$133K$11110xas long as short
Gate MEGA_USDT+0.0100%4h0.04568−0.087%$205K$328K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MEGA_USDT+0.0100%4h0.04567−0.109%$778K$411K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04567−0.109%$228K$120K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04561−0.241%$1.0M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04565−0.153%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04564−0.171%$321K$227Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04578+0.135%$23K$1.9M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04576+0.087%$24K$228K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04567−0.109%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04565−0.153%$2K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04555−0.378%$129K$409K5xas long as short
BloFin MEGA-USDTlong+0.0119%4h0.04572long leg$201K$95K50x
Reya MEGARUSDPERP+0.0159%1h0.04565−0.147%$33xas long as short
Phoenix MEGA+0.0176%1h0.04568−0.087%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04567−0.105%$3K45xas long as short
Hyperliquid MEGA+0.0278%1h0.04572+0.004%$7.9M$2.6M3xas long as short
Backpack MEGA_USDC_PERP+0.0463%1h0.04569−0.066%$18K$55K5xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0604%1h0.045720.000%$111$1525xas long as short
Coinbase International MEGA-PERP-INTX+0.0872%1h0.04589+0.383%$5K$12K50xas long as short