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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0772%/8h= +84.5% APRpaid last 24h +0.135%
Price spread now: Coinbase International against SunX+1.921%7-day average · you sell dearer than you buy
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 feesneeds both histories
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Coinbase International is 1.921% dearer against SunX than usual: you sell high and buy low: +$192 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX MEGA-USDT0.045030.0100pay 0.0050% / 4h1h 35m$1K$1.9M10x
ShortCoinbase International MEGA-PERP-INTX0.045890.0872get 0.0109% / 1h35m 35s$5K$12K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against SunX. 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
$162.12
Price spread: +1.921% → 0.000%
$192.09
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$336.21
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: SunX: live order book, just now; Coinbase International: 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 SunX live order book, just now500.45 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: 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
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04497−0.135%$1K150xas long as short
Nado MEGA-PERP+0.0057%1h0.04493−0.222%$194K$141K2xas long as short
BloFin MEGA-USDT+0.0071%4h0.04507+0.089%$198K$93K50xas long as short
Bybit MEGAUSDT+0.0094%4h0.04492−0.244%$3.4M$5.9M20xas long as short
Lighter MEGA+0.0096%1h0.04514+0.244%$605K$379K3xas long as short
Aster MEGAUSDT+0.0100%4h0.04498−0.110%$20K$96K5xas long as short
Pacifica MEGA+0.0100%1h0.04497−0.124%$14K$10K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04494−0.191%$3.9M$13.7M50xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04493−0.222%$909K$3.1M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04520+0.378%$133K$11110xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04495−0.178%$203K$327K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04496−0.155%$765K$408K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04498−0.111%$225K$120K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04496−0.155%$1.0M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04492−0.244%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04497−0.140%$317K$227Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04509+0.133%$26K$1.9M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04509+0.133%$23K$228K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04495−0.178%$3K$2K10xas long as short
SunX MEGA-USDTlong+0.0100%4h0.04503long leg$1K$1.9M10x
Extended MEGA-USD+0.0104%1h0.04492−0.247%$126K$406K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04494−0.204%$33xas long as short
Phoenix MEGA+0.0176%1h0.04509+0.133%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04496−0.167%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0337%1h0.04498−0.111%$18K$55K5xas long as short
Hyperliquid MEGA+0.0338%1h0.04503−0.007%$7.8M$2.6M3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0617%1h0.04500−0.067%$109$1525xas long as short
Coinbase International MEGA-PERP-INTXshort+0.0872%1h0.04589+1.921%$5K$12K50x