Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin−0.108%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$640as in the Funding arb table
Net, price: spread back to 7d avg − costs−$645as in the Price arb table
costs, in and out, $10k−$6406.396% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.108%, 7d avg −0.056%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.052% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MEGAUSDTM | 0.04624 | 0.0100 | pay 0.0050% / 4h | 21m 19s | $237K | $119K | 50x |
| Short | BingX MEGA-USDT | 0.04619 | 0.0100 | get 0.0050% / 4h | 21m 19s | — | $1.7M | — |
KuCoin MEGAUSDTM
BingX MEGA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- $0
- Price spread: −0.108% → −0.056%
- −$5.24
- Slippage, 4 orders
- −$617.56
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$644.8
- Costs to cover
- 6.396%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 59 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 59 min ago | 17.46 bp | 259.3 bp −$259 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 16.24 bp | 44.8 bp −$45 | 112.0 bp −$1,120 | 759.1 bp −$75.9K | 1266.7 bp −$633.4K |
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 | −0.0744% | 1h | 0.04589 | −0.746% | $5K | $13K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04622 | −0.048% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0067% | 1h | 0.04624 | 0.000% | $200K | $142K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0076% | 4h | 0.04625 | +0.022% | $203K | $96K | 50x | as long as short |
| Hyperliquid MEGA | +0.0100% | 1h | 0.04631 | +0.160% | $8.0M | $2.6M | 3x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04624 | −0.002% | $19K | $90K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04627 | +0.054% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04622 | −0.050% | $4.1M | $13.6M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04621 | −0.065% | $3.6M | $5.7M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04618 | −0.130% | $946K | $3.2M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
BloFin MEGA-USDT
Hyperliquid MEGA
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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | +0.0100% | 1h | 0.04630 | +0.130% | $137K | $4K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04623 | −0.022% | $200K | $321K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04622 | −0.043% | $815K | $376K | 50x | as long as short |
| KuCoin MEGAUSDTMlong | +0.0100% | 4h | 0.04624 | long leg | $237K | $119K | 50x | |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04621 | −0.065% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDTshort | +0.0100% | 4h | 0.04619 | −0.108% | — | $1.7M | — | |
| Variational Omni MEGA | +0.0100% | 4h | 0.04615 | −0.191% | $326K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04624 | +0.008% | $23K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04628 | +0.087% | $24K | $230K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04621 | −0.065% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04619 | −0.108% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04618 | −0.124% | $132K | $824K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04619 | −0.104% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0176% | 1h | 0.04629 | +0.108% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0238% / S −0.5353% | 1h | 0.04622 | −0.050% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0502% | 1h | 0.04628 | +0.087% | $20K | $52K | 5x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0551% | 1h | 0.04626 | +0.037% | $112 | $15 | 25x | as long as short |
| Lighter MEGA | +0.0576% | 1h | 0.04649 | +0.541% | $658K | $340K | 3x | as long as short |
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
Bitget MEGAUSDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Deribit MEGA_USDC-PERPETUAL
Lighter MEGA