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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0784%/8h= +85.8% APRnext payment +$0.98 per $10,000 · paid last 24h −0.162%
Price spread now: Extended against Coinbase International−0.039%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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.039% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$24 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International MEGA-PERP-INTX0.04589−0.0680get 0.0085% / 1h57m 09s$5K$12K50x
ShortExtended MEGA-USD0.045880.0104get 0.0013% / 1h57m 09s$129K$821K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$164.64
Price spread: −0.039% → 0.000%
−$3.89
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$145.75
Costs to cover
0.150%
Break-even
0.8 days
Slippage unknown: Coinbase International: no order-book sample; Extended: live order book, 61 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 Extended live order book, 61 min ago4.40 bp50.6 bp −$51290.1 bp −$2,901doesn'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
Coinbase International MEGA-PERP-INTXlong−0.0680%1h0.04589long leg$5K$12K50x
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04587−0.061%$1K150xas long as short
BloFin MEGA-USDT+0.0074%4h0.04581−0.185%$203K$95K50xas long as short
Nado MEGA-PERP+0.0075%1h0.04591+0.044%$198K$144K2xas long as short
Aster MEGAUSDT+0.0100%4h0.04589−0.012%$19K$90K5xas long as short
Pacifica MEGA+0.0100%1h0.04593+0.065%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.045890.000%$4.1M$13.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04585−0.098%$3.5M$5.8M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04586−0.076%$936K$3.2M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04590+0.011%$136K$11110xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04588−0.033%$205K$325K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04589−0.011%$805K$374K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04587−0.054%$234K$119K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04589−0.011%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04587−0.054%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04585−0.094%$324K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04581−0.185%$19K$1.8M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04582−0.163%$24K$230K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04588−0.033%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04587−0.054%$2K$1.9M10xas long as short
Extended MEGA-USDshort+0.0104%1h0.04588−0.039%$129K$821K5x
Reya MEGARUSDPERP+0.0159%1h0.04589−0.005%$33xas long as short
Backpack MEGA_USDC_PERP+0.0159%1h0.04592+0.054%$18K$53K5xas long as short
Phoenix MEGA+0.0176%1h0.04590+0.011%$21K$6K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04587−0.063%$3K45xas long as short
Hyperliquid MEGA+0.0380%1h0.04597+0.161%$7.9M$2.6M3xas long as short
Lighter MEGA+0.0672%1h0.04612+0.490%$652K$341K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1080%1h0.04594+0.100%$111$1525xas long as short