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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.1295%/8h= +141.9% APRnext payment +$1.62 per $10,000 · paid last 24h +0.183%
Price spread now: Coinbase International against gTrade (Gains Network)+0.033%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 4 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 +$39 a day on $10k at the current rate, and Coinbase International is 0.033% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$3 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/USD0.04588L +0.0001% / S +0.0023%pay 0.0000% / 1h47m 42s$1K150x
ShortCoinbase International MEGA-PERP-INTX0.045890.1296get 0.0162% / 1h47m 42s$5K$12K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$272.04
Price spread: +0.033% → 0.000%
$3.29
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$253.34
Costs to cover
0.220%
Break-even
0.5 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Coinbase International: 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
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell Coinbase International no order-book sample
gTrade (Gains Network) and 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
Bybit MEGAUSDT−0.0140%4h0.04598+0.218%$3.5M$5.9M20xas long as short
Phoenix MEGA0.0000%1h0.04555−0.719%$21K$7K5xas long as short
gTrade (Gains Network) MEGA/USDlongL +0.0001% / S +0.0023%1h0.04588long leg$1K150x
Nado MEGA-PERP+0.0033%1h0.04586−0.032%$197K$140K2xas long as short
BloFin MEGA-USDT+0.0076%4h0.04569−0.414%$203K$95K50xas long as short
Aster MEGAUSDT+0.0100%4h0.04593+0.114%$21K$96K5xas long as short
Pacifica MEGA+0.0100%1h0.04598+0.225%$14K$10K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04596+0.173%$4.1M$13.7M50xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04602+0.305%$922K$3.2M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04570−0.392%$135K−$010xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04597+0.196%$207K$321K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04599+0.240%$761K$401K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04597+0.196%$244K$124K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04600+0.262%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04599+0.240%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04593+0.109%$17K$55K5xas long as short
Variational Omni MEGA+0.0100%4h0.04576−0.256%$322K$223Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04562−0.566%$21K$2.0M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04565−0.501%$23K$226K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04587−0.022%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04580−0.174%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04600+0.269%$129K$799K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04587−0.026%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0238% / S −0.5353%1h0.04588−0.002%$3K45xas long as short
Hyperliquid MEGA+0.0328%1h0.04600+0.255%$7.9M$2.6M3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0752%1h0.04594+0.129%$111$1525xas long as short
Lighter MEGA+0.0864%1h0.04613+0.545%$616K$381K3xas long as short
Coinbase International MEGA-PERP-INTXshort+0.1296%1h0.04589+0.033%$5K$12K50x