MEGA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.22 per $10,000 · paid last 24h +0.002%

Price spread now: Gate against BloFin+0.199%78s7-day average −0.123% · you sell dearer than you buy

Net, funding: paid 7d − costs−$327as 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−$3293.291% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.023%+$2 on $10k

Price spread, last 3 days (all we have)−2.195%−$220 · spread now +0.199%, 7d avg −0.123%

Together, before fees−2.172%−$217 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.322% dearer against BloFin than usual: you sell high and buy low (spread +0.199% now, against its 7-day average of −0.123%): +$32 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 25 days. The two prices were read 78 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	0.04520	0.0144	pay 0.0072% / 4h	3h 59m	$196K	$76K	50x
Short	Gate MEGA_USDT	0.04529	0.0100	get 0.0050% / 4h	3h 59m	$198K	$316K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BloFinbpFee GatebpOrdersPrice spread, now +0.199%Rate

Funding earned: −$9.14
Price spread: +0.199% → −0.123%: $32.21
Slippage, 4 orders: −$302.15
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$306.08
Costs to cover: 3.291%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; Gate: live order book, 7 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, 5 min ago	1.11 bp	11.1 bp −$11	65.1 bp −$651	doesn't fit	doesn't fit
Sell Gate live order book, 7 min ago	6.66 bp	196.2 bp −$196	doesn't fit	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 −0.0018% / S +0.0023%	1h	0.04530	+0.221%	$12K	—	150x	as long as short
Bybit MEGAUSDT	+0.0054%	4h	0.04527	+0.155%	$3.5M	$5.2M	20x	as long as short
Aster MEGAUSDT	+0.0100%	4h	0.04532	+0.274%	$18K	$86K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	0.04539	+0.414%	$14K	$9K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04530	+0.212%	$4.0M	$13.1M	50x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04526	+0.133%	$929K	$3.0M	20x	as long as short
Bulk MEGA-USD	+0.0100%	1h	0.04515	−0.113%	$133K	$4K	10x	as long as short
Gate MEGA_USDTshort	+0.0100%	4h	0.04529	+0.199%	$198K	$316K	20x
MEXC MEGA_USDT	+0.0100%	4h	0.04527	+0.155%	$772K	$356K	50x	as long as short
KuCoin MEGAUSDTM	+0.0100%	4h	0.04533	+0.288%	$239K	$114K	50x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MEGAUSDT	+0.0100%	4h	0.04531	+0.243%	$1.1M	$1.5M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04528	+0.177%	—	$1.7M	—	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04523	+0.064%	$227K	$133K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04511	−0.202%	$28K	$1.7M	10x	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	0.04515	−0.111%	$25K	$231K	50x	as long as short
Orderly PERP_MEGA_USDC	+0.0100%	4h	0.04529	+0.199%	$3K	$2K	10x	as long as short
SunX MEGA-USDT	+0.0100%	4h	0.04530	+0.221%	$2K	$1.9M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04529	+0.191%	$129K	$613K	5x	as long as short
Nado MEGA-PERP	+0.0108%	1h	0.04529	+0.199%	$197K	$137K	2x	as long as short
BloFin MEGA-USDTlong	+0.0144%	4h	0.04520	long leg	$196K	$76K	50x
Reya MEGARUSDPERP	+0.0159%	1h	0.04527	+0.163%	$3	—	3x	as long as short
GMX MEGA/USD [ETH-USDC]	L +0.0236% / S −0.5353%	1h	0.04529	+0.195%	$3K	—	45x	as long as short
Coinbase International MEGA-PERP-INTX	+0.0296%	1h	0.04490	−0.655%	$5K	$12K	50x	as long as short
Phoenix MEGA	+0.0355%	1h	0.04506	−0.310%	$21K	$7K	5x	as long as short
Backpack MEGA_USDC_PERP	+0.0386%	1h	0.04533	+0.288%	$18K	$41K	5x	as long as short
Hyperliquid MEGA	+0.0853%	1h	0.04540	+0.440%	$7.8M	$2.4M	3x	as long as short
Lighter MEGA	+0.1256%	1h	0.04554	+0.752%	$640K	$320K	3x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.1604%	1h	0.04539	+0.418%	$110	$15	25x	as long as short