Funding you earn now, next payment 04:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.18 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Gate0.000%7-day average +0.120% · you sell dearer than you buy
Net, funding: paid 7d − costs−$331as in the Funding arb table
Net, price: spread back to 7d avg − costs−$341as in the Price arb table
costs, in and out, $10k−$3293.291% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 3 days (all we have)+1.607%+$161 · spread now 0.000%, 7d avg +0.120%
=Funding pays, the price is against you. BloFin is 0.120% cheaper against Gate than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.120%). If the spread goes back, that is −$12 on $10k: about 11 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MEGA_USDT | 0.04614 | 0.0100 | pay 0.0050% / 4h | 3h 10m | $202K | $315K | 20x |
| Short | BloFin MEGA-USDT | 0.04614 | 0.0136 | get 0.0068% / 4h | 3h 10m | $199K | $78K | 50x |
Gate MEGA_USDT
BloFin MEGA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $7.57
- Price spread: 0.000% → +0.120%
- −$12.02
- Slippage, 4 orders
- −$302.15
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$333.6
- Costs to cover
- 3.291%
- Break-even
- 315.6 days
Slippage from Gate: live order book, 56 min ago; BloFin: live order book, 54 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 56 min ago | 6.66 bp | 97.9 bp −$98 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 54 min ago | 1.11 bp | 23.9 bp −$24 | 82.2 bp −$822 | doesn't fit | doesn't fit |
MEGA on 28 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MEGA-PERP-INTX | −0.0048% | 1h | 0.04490 | −2.679% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04605 | −0.194% | $13K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04597 | −0.368% | $21K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0038% | 1h | 0.04609 | −0.108% | $199K | $136K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04609 | −0.099% | $20K | $87K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04619 | +0.119% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04619 | +0.106% | $4.1M | $13.3M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04619 | +0.108% | $3.6M | $5.3M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04619 | +0.108% | $944K | $3.1M | 20x | as long as short |
| Gate MEGA_USDTlong | +0.0100% | 4h | 0.04614 | long leg | $202K | $315K | 20x |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Nado MEGA-PERP
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04619 | +0.108% | $861K | $362K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04620 | +0.130% | $243K | $116K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04620 | +0.130% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04620 | +0.130% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04606 | −0.179% | $325K | $227K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04601 | −0.281% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04593 | −0.455% | $25K | $231K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04603 | −0.238% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04607 | −0.152% | $2K | $1.9M | 10x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04565 | −1.062% | $135K | $4K | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04620 | +0.129% | $130K | $822K | 5x | as long as short |
| BloFin MEGA-USDTshort | +0.0136% | 4h | 0.04614 | 0.000% | $199K | $78K | 50x | |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04607 | −0.145% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04606 | −0.182% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0348% | 1h | 0.04610 | −0.087% | $19K | $41K | 5x | as long as short |
| Lighter MEGA | +0.0960% | 1h | 0.04640 | +0.564% | $653K | $325K | 3x | as long as short |
| Hyperliquid MEGA | +0.1152% | 1h | 0.04630 | +0.336% | $7.9M | $2.4M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.2031% | 1h | 0.04614 | −0.004% | $112 | $15 | 25x | as long as short |
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Bulk MEGA-USD
Extended MEGA-USD
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Lighter MEGA
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL