Funding you earn now, next payment 12:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.27 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against MEXC+0.107%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$690.690% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)+7.777%+$778 · spread now +0.107%, 7d avg +0.100%
=The price spread sits at its 7-day average of +0.100%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MEGA_USDT | 0.04690 | 0.0100 | pay 0.0050% / 4h | 2h 59m | $777K | $386K | 50x |
| Short | BloFin MEGA-USDT | 0.04695 | 0.0046 | get 0.0023% / 4h | 2h 59m | $204K | $88K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- −$11.26
- Price spread: +0.107% → +0.100%
- $0.63
- Slippage, 4 orders
- −$57.03
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$79.66
- Costs to cover
- 0.690%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 21 min ago; BloFin: live order book, 2 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 MEXC live order book, 21 min ago | 2.17 bp | 10.5 bp −$11 | 55.9 bp −$559 | 170.7 bp −$17.1K | doesn't fit |
| Sell BloFin live order book, 2 min ago | 4.26 bp | 22.8 bp −$23 | 85.4 bp −$854 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MEGA | 0.0000% | 1h | 0.04700 | +0.213% | $21K | $6K | 5x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04699 | +0.185% | $1K | — | 150x | as long as short |
| Bybit MEGAUSDT | +0.0031% | 4h | 0.04692 | +0.043% | $3.6M | $5.8M | 20x | as long as short |
| BloFin MEGA-USDTshort | +0.0046% | 4h | 0.04695 | +0.107% | $204K | $88K | 50x | |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04696 | +0.118% | $21K | $96K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04704 | +0.292% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04692 | +0.043% | $4.2M | $13.5M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04687 | −0.064% | $944K | $3.2M | 20x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04694 | +0.085% | $211K | $323K | 20x | as long as short |
| MEXC MEGA_USDTlong | +0.0100% | 4h | 0.04690 | long leg | $777K | $386K | 50x |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04694 | +0.085% | $254K | $125K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04694 | +0.085% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04690 | 0.000% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04695 | +0.107% | $19K | $53K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04694 | +0.088% | $340K | $230K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04695 | +0.116% | $20K | $2.1M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04696 | +0.128% | $24K | $226K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04691 | +0.021% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04694 | +0.085% | $1K | $1.8M | 10x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04650 | −0.853% | $137K | −$0 | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04689 | −0.017% | $131K | $800K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04693 | +0.056% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0238% / S −0.5353% | 1h | 0.04697 | +0.145% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.0245% | 1h | 0.04701 | +0.226% | $8.1M | $2.5M | 3x | as long as short |
| Nado MEGA-PERP | +0.0269% | 1h | 0.04696 | +0.128% | $202K | $138K | 2x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.0592% | 1h | 0.04589 | −2.143% | $5K | $12K | 50x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0666% | 1h | 0.04697 | +0.145% | $114 | $15 | 25x | as long as short |
| Lighter MEGA | +0.1664% | 1h | 0.04714 | +0.512% | $638K | $395K | 3x | as long as short |
MEXC MEGA_USDT
BloFin MEGA-USDT
Phoenix MEGA
gTrade (Gains Network) MEGA/USD
Bybit MEGAUSDT
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
Gate MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Bulk MEGA-USD
Extended MEGA-USD
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Coinbase International MEGA-PERP-INTX
Deribit MEGA_USDC-PERPETUAL
Lighter MEGA