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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
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: OKX against MEXC−0.066%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$970.970% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.066%, 7d avg −0.024%
Together, before fees+0.156%+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.041% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC MEGA_USDT0.045560.0100pay 0.0050% / 4h1h 58m$814K$362K50x
ShortOKX MEGA-USDT-SWAP0.045530.0100get 0.0050% / 4h1h 58m$937K$3.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against MEXC. 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% → −0.024%
−$4.14
Slippage, 4 orders
−$87.03
Fee MEXC: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$101.16
Costs to cover
0.970%
Break-even
never at this rate
Slippage from MEXC: live order book, 62 min ago; OKX: live order book, 4 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 MEXC live order book, 62 min ago1.09 bp12.0 bp −$1262.1 bp −$621176.6 bp −$17.7Kdoesn't fit
Sell OKX live order book, 4 min ago3.29 bp35.7 bp −$36145.2 bp −$1,452doesn't fitdoesn't fit

MEGA on 27 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−0.0800%1h0.04490−1.440%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04556−0.001%$1K150xas long as short
Aster MEGAUSDT+0.0100%4h0.04559+0.077%$18K$90K5xas long as short
Binance MEGAUSDT+0.0100%4h0.04555−0.022%$4.0M$13.6M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04555−0.022%$3.6M$5.5M20xas long as short
OKX MEGA-USDT-SWAPshort+0.0100%4h0.04553−0.066%$937K$3.1M20x
Bulk MEGA-USD+0.0100%1h0.04567+0.242%$135K$4K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04557+0.022%$202K$317K20xas long as short
MEXC MEGA_USDTlong+0.0100%4h0.04556long leg$814K$362K50x
KuCoin MEGAUSDTM+0.0100%4h0.04559+0.066%$238K$112K50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MEGAUSDT+0.0100%4h0.04555−0.022%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04554−0.044%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04563+0.158%$322K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04561+0.110%$18K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04564+0.176%$24K$229K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04554−0.044%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04565+0.198%$2K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04554−0.035%$131K$829K5xas long as short
Nado MEGA-PERP+0.0117%1h0.04554−0.044%$197K$140K2xas long as short
Hyperliquid MEGA+0.0131%1h0.04564+0.173%$7.9M$2.6M3xas long as short
Backpack MEGA_USDC_PERP+0.0145%1h0.04564+0.176%$18K$46K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04553−0.060%$33xas long as short
Phoenix MEGA+0.0173%1h0.04562+0.132%$21K$6K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04554−0.035%$3K45xas long as short
Pacifica MEGA+0.0245%1h0.04559+0.075%$14K$9K3xas long as short
Lighter MEGA+0.1136%1h0.04580+0.527%$648K$329K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.2184%1h0.04572+0.358%$111$1525xas long as short