MEGA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.5253%/8h= +575.2% APRnext payment +$6.57 per $10,000 · paid last 24h +1.425%

Price spread now: GMX against Bulk−0.194%46s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bulk Short on GMX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. GMX is 0.194% cheaper against Bulk than usual: you would sell low and buy high (spread −0.194% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 3 hours of funding at the current rate (+$158 a day). The two prices were read 46 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	Bulk MEGA-USD	0.04590	0.0100	pay 0.0013% / 1h	57m 28s	$136K	$111	10x
Short	GMX MEGA/USD [ETH-USDC]	0.04581	L +0.0237% / S −0.5353%	get 0.0669% / 1h	57m 28s	$3K	—	45x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Bulk. 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 BulkbpFee GMXbpOrdersPrice spread, now −0.194%Rate

Funding earned: $1,103.09
Price spread: −0.194% → 0.000%: −$19.39
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: $1,064.7
Costs to cover: 0.190%
Break-even: 0.2 days

Slippage unknown: Bulk: live order book, 61 min ago; GMX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bulk live order book, 61 min ago	10.98 bp	27.4 bp −$27	127.7 bp −$1,277	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International MEGA-PERP-INTX	−0.0680%	1h	0.04589	−0.011%	$5K	$12K	50x	as long as short
gTrade (Gains Network) MEGA/USD	L +0.0001% / S +0.0023%	1h	0.04582	−0.178%	$1K	—	150x	as long as short
BloFin MEGA-USDT	+0.0071%	4h	0.04589	−0.022%	$204K	$95K	50x	as long as short
Nado MEGA-PERP	+0.0075%	1h	0.04591	+0.033%	$198K	$144K	2x	as long as short
Aster MEGAUSDT	+0.0100%	4h	0.04589	−0.021%	$19K	$90K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	0.04593	+0.054%	$14K	$9K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04590	0.000%	$4.1M	$13.7M	50x	as long as short
Bybit MEGAUSDT	+0.0100%	4h	0.04586	−0.087%	$3.5M	$5.8M	20x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04586	−0.087%	$937K	$3.2M	20x	as long as short
Bulk MEGA-USDlong	+0.0100%	1h	0.04590	long leg	$136K	$111	10x

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate MEGA_USDT	+0.0100%	4h	0.04588	−0.044%	$205K	$325K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	0.04592	+0.044%	$806K	$374K	50x	as long as short
KuCoin MEGAUSDTM	+0.0100%	4h	0.04588	−0.044%	$234K	$119K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	0.04590	0.000%	$1.1M	$1.5M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04588	−0.044%	—	$1.7M	—	as long as short
Backpack MEGA_USDC_PERP	+0.0100%	1h	0.04594	+0.087%	$18K	$53K	5x	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04585	−0.105%	$324K	$226K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04581	−0.196%	$19K	$1.8M	10x	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	0.04582	−0.174%	$24K	$230K	50x	as long as short
Orderly PERP_MEGA_USDC	+0.0100%	4h	0.04584	−0.131%	$3K	$2K	10x	as long as short
SunX MEGA-USDT	+0.0100%	4h	0.04581	−0.196%	$1K	$1.9M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04587	−0.060%	$129K	$821K	5x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	0.04589	−0.016%	$3	—	3x	as long as short
Phoenix MEGA	+0.0176%	1h	0.04590	0.000%	$21K	$6K	5x	as long as short
GMX MEGA/USD [ETH-USDC]short	L +0.0237% / S −0.5353%	1h	0.04581	−0.194%	$3K	—	45x
Hyperliquid MEGA	+0.0339%	1h	0.04598	+0.170%	$7.9M	$2.6M	3x	as long as short
Lighter MEGA	+0.0672%	1h	0.04616	+0.566%	$653K	$341K	3x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.1516%	1h	0.04593	+0.076%	$111	$15	25x	as long as short