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% APRpaid last 24h −0.002%
Price spread now: Orderly against Pacifica−0.028%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.028% cheaper against Pacifica than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica MEGA0.045900.0100pay 0.0013% / 1h59m 59s$14K$9K3x
ShortOrderly PERP_MEGA_USDC0.045890.0100get 0.0050% / 4h3h 59m$3K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Pacifica. 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: −0.028% → 0.000%
−$2.83
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$16.83
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica no order-book sample
Sell Orderly no order-book sample
Pacifica and Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0744%1h0.04589−0.017%$5K$13K50xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04591+0.012%$1K150xas long as short
Nado MEGA-PERP+0.0078%1h0.04587−0.061%$198K$144K2xas long as short
Aster MEGAUSDT+0.0100%4h0.04591+0.006%$19K$90K5xas long as short
Pacifica MEGAlong+0.0100%1h0.04590long leg$14K$9K3x
Binance MEGAUSDT+0.0100%4h0.04587−0.068%$4.1M$13.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04587−0.072%$3.5M$5.7M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04586−0.094%$937K$3.2M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04590−0.007%$136K$11110xas long as short
Gate MEGA_USDT+0.0100%4h0.04588−0.050%$202K$325K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MEGA_USDT+0.0100%4h0.04588−0.050%$805K$378K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04590−0.007%$234K$119K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04590−0.007%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04586−0.094%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04585−0.111%$324K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04581−0.198%$19K$1.8M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04575−0.333%$24K$230K50xas long as short
Orderly PERP_MEGA_USDCshort+0.0100%4h0.04589−0.028%$3K$2K10x
SunX MEGA-USDT+0.0100%4h0.04589−0.028%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04587−0.078%$129K$821K5xas long as short
BloFin MEGA-USDT+0.0135%4h0.04587−0.072%$204K$95K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04588−0.044%$33xas long as short
Hyperliquid MEGA+0.0166%1h0.04595+0.105%$7.9M$2.6M3xas long as short
Phoenix MEGA+0.0176%1h0.04590−0.007%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04591+0.022%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0383%1h0.04592+0.037%$18K$53K5xas long as short
Lighter MEGA+0.0632%1h0.04613+0.495%$653K$344K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0665%1h0.04596+0.124%$111$1525xas long as short