The parameters have the same meaning, they are just named inconsistent. Both accept calls to a function. This can even be the same function.
Here is a simple demo as a plugin. Download
/*
Plugin Name: Callback Demo
Description: Demonstrating how a meta box and a menu page can take the same callback function.
Version: 1.0
Required: 3.1
Author: Thomas Scholz
Author URI: http://toscho.de
License: GPL
Plugin URI: http://wordpress.stackexchange.com/q/24481/
*/
! defined( 'ABSPATH' ) and exit;
add_action( 'admin_menu', 'wpse_24481_demo' );
/**
* Adds a menu page and a meta box with the same callback function.
*
* @return void
*/
function wpse_24481_demo()
{
$title="Callback Demo";
$callback = 'wpse_24481_callback';
add_menu_page( $title, $title, 'edit_posts', 'callback-demo', $callback );
add_meta_box( 'callback-demo', $title, $callback, 'post' );
}
/**
* Prints the content.
*
* @return void
*/
function wpse_24481_callback()
{
print 'Here may be dragons.';
}
.
Result
page menu
meta box