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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against KuCoin−0.066%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$594as in the Funding arb table
Net, price: spread back to 7d avg − costs−$594as in the Price arb table
costs, in and out, $10k−$5935.930% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.066%, 7d avg −0.054%
Together, before fees+0.078%+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MEGAUSDTM0.045670.0100pay 0.0050% / 4h3h 21m$232K$119K50x
ShortOKX MEGA-USDT-SWAP0.045640.0100get 0.0050% / 4h3h 21m$933K$3.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. 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: −0.066% → −0.054%
−$1.2
Slippage, 4 orders
−$570.96
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$594.16
Costs to cover
5.930%
Break-even
never at this rate
Slippage from KuCoin: live order book, 50 min ago; OKX: live order book, 1 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 KuCoin live order book, 50 min ago11.90 bp209.9 bp −$210doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 1 min ago2.19 bp29.5 bp −$30153.7 bp −$1,537doesn't fitdoesn't fit

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−0.0680%1h0.04589+0.493%$5K$12K50xas long as short
Phoenix MEGA0.0000%1h0.04574+0.153%$21K$7K5xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04570+0.066%$1K150xas long as short
Bybit MEGAUSDT+0.0010%4h0.04566−0.022%$3.5M$5.8M20xas long as short
BloFin MEGA-USDT+0.0059%4h0.045670.000%$202K$94K50xas long as short
Nado MEGA-PERP+0.0085%1h0.04568+0.011%$197K$143K2xas long as short
Aster MEGAUSDT+0.0100%4h0.04568+0.016%$19K$91K5xas long as short
Pacifica MEGA+0.0100%1h0.04571+0.077%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04568+0.022%$4.0M$13.7M50xas long as short
OKX MEGA-USDT-SWAPshort+0.0100%4h0.04564−0.066%$933K$3.2M20x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk MEGA-USD+0.0100%1h0.04570+0.070%$135K$11110xas long as short
Gate MEGA_USDT+0.0100%4h0.04570+0.066%$203K$327K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04569+0.044%$801K$376K50xas long as short
KuCoin MEGAUSDTMlong+0.0100%4h0.04567long leg$232K$119K50x
Bitget MEGAUSDT+0.0100%4h0.04568+0.022%$1.0M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04566−0.022%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04572+0.109%$18K$53K5xas long as short
Variational Omni MEGA+0.0100%4h0.04568+0.026%$322K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04572+0.109%$19K$1.8M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04568+0.022%$24K$230K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04571+0.088%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04571+0.088%$2K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04565−0.038%$129K$825K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04570+0.059%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04571+0.085%$3K45xas long as short
Hyperliquid MEGA+0.0356%1h0.04577+0.217%$7.9M$2.6M3xas long as short
Lighter MEGA+0.0936%1h0.04593+0.569%$650K$344K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1172%1h0.04578+0.243%$111$1525xas long as short