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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate+0.022%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$887as in the Funding arb table
Net, price: spread back to 7d avg − costs−$890as in the Price arb table
costs, in and out, $10k−$8898.895% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.022%, 7d avg +0.026%
Together, before fees+0.036%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MEGA_USDT0.045380.0100pay 0.0050% / 4h10m 03s$204K$321K20x
ShortKuCoin MEGAUSDTM0.045390.0100get 0.0050% / 4h10m 03s$238K$114K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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% → +0.026%
−$0.4
Slippage, 4 orders
−$862.48
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$889.88
Costs to cover
8.895%
Break-even
never at this rate
Slippage from Gate: live order book, 28 min ago; KuCoin: live order book, 13 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, 28 min ago11.01 bp160.8 bp −$161doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 13 min ago16.58 bp235.1 bp −$235doesn't fitdoesn't fitdoesn't fit

MEGA on 28 exchanges

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−0.0190%4h0.04540+0.044%$3.5M$5.3M20xas long as short
Coinbase International MEGA-PERP-INTX−0.0168%1h0.04589+1.135%$5K$12K50xas long as short
Phoenix MEGA0.0000%1h0.04537−0.022%$21K$7K5xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04537−0.017%$1K150xas long as short
Nado MEGA-PERP+0.0043%1h0.04537−0.033%$195K$139K2xas long as short
Orderly PERP_MEGA_USDC+0.0097%4h0.04536−0.044%$3K$2K10xas long as short
Hyperliquid MEGA+0.0100%1h0.04544+0.137%$7.9M$2.4M3xas long as short
Aster MEGAUSDT+0.0100%4h0.04541+0.057%$21K$90K5xas long as short
Pacifica MEGA+0.0100%1h0.04539+0.022%$14K$11K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04541+0.058%$4.0M$12.9M50xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MEGA-USDT-SWAP+0.0100%4h0.045380.000%$903K$2.9M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04540+0.044%$141K$8K10xas long as short
Gate MEGA_USDTlong+0.0100%4h0.04538long leg$204K$321K20x
MEXC MEGA_USDT+0.0100%4h0.045380.000%$681K$400K50xas long as short
KuCoin MEGAUSDTMshort+0.0100%4h0.04539+0.022%$238K$114K50x
Bitget MEGAUSDT+0.0100%4h0.04540+0.044%$1.0M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04537−0.022%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04542+0.088%$18K$52K5xas long as short
Variational Omni MEGA+0.0100%4h0.04536−0.050%$334K$235Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04537−0.032%$28K$2.4M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04537−0.022%$24K$224K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04537−0.022%$1K$1.7M10xas long as short
Extended MEGA-USD+0.0104%1h0.04537−0.024%$130K$805K5xas long as short
BloFin MEGA-USDT+0.0131%4h0.04536−0.044%$198K$82K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04536−0.049%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04536−0.046%$3K45xas long as short
Lighter MEGA+0.0840%1h0.04558+0.441%$607K$414K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0852%1h0.04542+0.088%$110$1525xas long as short