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−0.1276%/8h= −139.7% APRnext payment $1.59 per $10,000 · paid last 24h −0.143%
Price spread now: ApeX Omni against Coinbase International−0.033%7-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 5 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 −$38 a day on $10k at the current rate, and ApeX Omni is 0.033% cheaper against Coinbase International than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International MEGA-PERP-INTX0.045890.1376pay 0.0172% / 1h39m 35s$5K$12K50x
ShortApeX Omni MEGAUSDT0.045880.0100get 0.0013% / 1h39m 35s$24K$227K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Coinbase International. 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
−$267.96
Price spread: −0.033% → 0.000%
−$3.27
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$291.23
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; ApeX Omni: live order book, 62 min ago. 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 Coinbase International no order-book sample
Sell ApeX Omni live order book, 62 min ago11.09 bp18.9 bp −$19133.4 bp −$1,334doesn't fitdoesn't fit
Coinbase International: 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/USDL +0.0001% / S +0.0023%1h0.04582−0.168%$1K150xas long as short
Nado MEGA-PERP+0.0070%1h0.04583−0.142%$197K$141K2xas long as short
Lighter MEGA+0.0096%1h0.04593+0.076%$613K$383K3xas long as short
Aster MEGAUSDT+0.0100%4h0.04572−0.372%$20K$96K5xas long as short
Pacifica MEGA+0.0100%1h0.04576−0.303%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04570−0.431%$4.1M$13.8M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04571−0.403%$3.5M$5.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04570−0.425%$925K$3.2M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04590+0.011%$136K$11110xas long as short
Gate MEGA_USDT+0.0100%4h0.04574−0.338%$206K$328K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MEGA_USDT+0.0100%4h0.04573−0.360%$771K$406K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04575−0.316%$228K$121K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04573−0.360%$1.0M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04570−0.425%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04587−0.063%$323K$227Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04590+0.021%$26K$1.9M10xas long as short
ApeX Omni MEGAUSDTshort+0.0100%1h0.04588−0.033%$24K$227K50x
Orderly PERP_MEGA_USDC+0.0100%4h0.04582−0.163%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04584−0.120%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04570−0.419%$128K$797K5xas long as short
BloFin MEGA-USDT+0.0104%4h0.04590+0.011%$203K$95K50xas long as short
Hyperliquid MEGA+0.0118%1h0.04583−0.133%$7.9M$2.5M3xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04580−0.202%$33xas long as short
Phoenix MEGA+0.0175%1h0.04592+0.054%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0238% / S −0.5353%1h0.04581−0.185%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0605%1h0.04585−0.098%$18K$55K5xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0645%1h0.04587−0.063%$111$1525xas long as short
Coinbase International MEGA-PERP-INTXlong+0.1376%1h0.04589long leg$5K$12K50x