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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0099%/8h= +10.9% APRpaid last 24h +0.036%
Price spread now: BingX against gTrade (Gains Network)+0.093%46s7-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 +$3 a day on $10k at the current rate, and BingX is 0.093% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) MEGA/USD0.04555L +0.0001% / S +0.0023%pay 0.0000% / 1h33m 33s$1K150x
ShortBingX MEGA-USDT0.045590.0100get 0.0050% / 4h1h 33m$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$20.88
Price spread: +0.093% → 0.000%
$9.29
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
$8.17
Costs to cover
0.220%
Break-even
4.3 days
Slippage unknown: gTrade (Gains Network): no order-book sample; BingX: live order book, 13 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 BingX live order book, 13 min ago15.46 bp34.8 bp −$3597.0 bp −$970725.4 bp −$72.5K1206.0 bp −$603.0K
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−0.0800%1h0.04490−1.413%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDlongL +0.0001% / S +0.0023%1h0.04555long leg$1K150x
Nado MEGA-PERP+0.0060%1h0.04562+0.148%$197K$141K2xas long as short
BloFin MEGA-USDT+0.0061%4h0.04547−0.171%$201K$91K50xas long as short
Hyperliquid MEGA+0.0100%1h0.04567+0.264%$7.9M$2.6M3xas long as short
Aster MEGAUSDT+0.0100%4h0.04559+0.100%$18K$89K5xas long as short
Binance MEGAUSDT+0.0100%4h0.04561+0.137%$4.0M$13.5M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04560+0.115%$3.6M$5.5M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04560+0.115%$936K$3.1M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04555+0.005%$134K$4K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04558+0.071%$201K$317K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04560+0.115%$808K$365K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04560+0.115%$229K$117K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04560+0.115%$1.1M$1.5M50xas long as short
BingX MEGA-USDTshort+0.0100%4h0.04559+0.093%$1.7M
Backpack MEGA_USDC_PERP+0.0100%1h0.04560+0.115%$18K$46K5xas long as short
Variational Omni MEGA+0.0100%4h0.04552−0.058%$321K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04561+0.132%$30K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04559+0.093%$24K$230K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04558+0.071%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04558+0.071%$2K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04559+0.087%$128K$825K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04556+0.021%$33xas long as short
Phoenix MEGA+0.0175%1h0.04536−0.412%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04555+0.009%$3K45xas long as short
Pacifica MEGA+0.0245%1h0.04561+0.128%$14K$9K3xas long as short
Lighter MEGA+0.0592%1h0.04583+0.620%$648K$330K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1878%1h0.04567+0.275%$111$1525xas long as short