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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0118%/8h= +12.9% APRpaid last 24h +0.036%
Price spread now: Binance against gTrade (Gains Network)+0.178%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.178% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) MEGA/USD0.04621L −0.0018% / S +0.0023%get 0.0002% / 1h7m 48s$13K150x
ShortBinance MEGAUSDT0.046290.0100get 0.0050% / 4h3h 07m$4.1M$13.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against gTrade (Gains Network). 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
$24.71
Price spread: +0.178% → 0.000%
$17.83
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
$20.54
Costs to cover
0.220%
Break-even
1.2 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Binance: live order book, 3 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 gTrade (Gains Network) no order-book sample
Sell Binance live order book, 3 min ago2.16 bp13.6 bp −$14107.1 bp −$1,071doesn't fitdoesn't fit
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
Coinbase International MEGA-PERP-INTX−0.0048%1h0.04490−2.827%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDlongL −0.0018% / S +0.0023%1h0.04621long leg$13K150x
Phoenix MEGA0.0000%1h0.04610−0.238%$21K$7K5xas long as short
Nado MEGA-PERP+0.0040%1h0.04621+0.010%$200K$136K2xas long as short
BloFin MEGA-USDT+0.0089%4h0.04644+0.497%$201K$90K50xas long as short
Aster MEGAUSDT+0.0100%4h0.04623+0.043%$20K$90K5xas long as short
Pacifica MEGA+0.0100%1h0.04629+0.173%$14K$9K3xas long as short
Binance MEGAUSDTshort+0.0100%4h0.04629+0.178%$4.1M$13.3M50x
Bybit MEGAUSDT+0.0100%4h0.04630+0.194%$3.6M$5.3M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04628+0.151%$944K$3.1M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04623+0.043%$202K$315K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04629+0.173%$861K$362K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04623+0.043%$243K$116K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04630+0.194%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04630+0.194%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04606−0.331%$325K$227Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04601−0.432%$21K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04608−0.282%$25K$231K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.046210.000%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04624+0.064%$2K$1.9M10xas long as short
Bulk MEGA-USD+0.0100%1h0.04565−1.212%$135K$4K10xas long as short
Extended MEGA-USD+0.0104%1h0.04622+0.015%$130K$822K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04621−0.005%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04621−0.005%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0384%1h0.04624+0.064%$19K$41K5xas long as short
Lighter MEGA+0.1000%1h0.04647+0.562%$653K$325K3xas long as short
Hyperliquid MEGA+0.1226%1h0.04645+0.525%$8.0M$2.4M3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.2087%1h0.04632+0.248%$112$1525xas long as short