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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Gate−0.022%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$347as in the Funding arb table
Net, price: spread back to 7d avg − costs−$349as in the Price arb table
costs, in and out, $10k−$3503.496% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 4 days (all we have)+0.014%+$1 · spread now −0.022%, 7d avg −0.025%
Together, before fees+0.041%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MEGA_USDT0.044810.0100pay 0.0050% / 4h1h 11m$192K$311K20x
ShortBingX MEGA-USDT0.044800.0100get 0.0050% / 4h1h 11m$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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
$0
Price spread: −0.022% → −0.025%
$0.25
Slippage, 4 orders
−$324.57
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$349.33
Costs to cover
3.496%
Break-even
never at this rate
Slippage from Gate: live order book, 65 min ago; BingX: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 65 min ago7.82 bp80.2 bp −$80doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 11 min ago15.67 bp28.0 bp −$2887.1 bp −$871511.1 bp −$51.1K1059.3 bp −$529.6K

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−0.0144%1h0.04490+0.210%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04480−0.019%$12K150xas long as short
Nado MEGA-PERP+0.0054%1h0.044810.000%$194K$136K2xas long as short
Orderly PERP_MEGA_USDC+0.0099%4h0.044810.000%$3K$2K10xas long as short
Aster MEGAUSDT+0.0100%4h0.04482+0.018%$18K$82K5xas long as short
Pacifica MEGA+0.0100%1h0.04480−0.020%$14K$8K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04483+0.043%$3.9M$12.8M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04478−0.067%$3.5M$4.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04478−0.067%$911K$2.9M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04470−0.245%$132K$5K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDTlong+0.0100%4h0.04481long leg$192K$311K20x
MEXC MEGA_USDT+0.0100%4h0.04482+0.022%$767K$352K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04487+0.134%$236K$113K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04482+0.022%$1.1M$1.4M50xas long as short
BingX MEGA-USDTshort+0.0100%4h0.04480−0.022%$1.7M
Variational Omni MEGA+0.0100%4h0.04468−0.280%$224K$133Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04470−0.251%$27K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04469−0.268%$24K$230K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04482+0.022%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04482+0.024%$127K$613K5xas long as short
BloFin MEGA-USDT+0.0132%4h0.04483+0.045%$195K$76K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04482+0.031%$33xas long as short
Phoenix MEGA+0.0179%1h0.04485+0.089%$20K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0236% / S −0.5353%1h0.04481−0.002%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0453%1h0.04486+0.112%$18K$41K5xas long as short
Hyperliquid MEGA+0.1241%1h0.04491+0.216%$7.6M$2.4M3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1401%1h0.04489+0.179%$109$1525xas long as short
Lighter MEGA+0.2552%1h0.04503+0.491%$633K$323K3xas long as short