Funding you earn now, next payment 05:00 UTC+0.0756%/8h= +82.8% APRpaid last 24h +0.239%
Price spread now: Lighter against Aster+0.478%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Lighter is 0.478% dearer against Aster than usual: you sell high and buy low: +$48 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MEGAUSDT | 0.04598 | 0.0100 | pay 0.0050% / 4h | 3h 34m | $19K | $91K | 5x |
| Short | Lighter MEGA | 0.04620 | 0.0856 | get 0.0107% / 1h | 34m 32s | $654K | $341K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aster. 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
- $158.76
- Price spread: +0.478% → 0.000%
- $47.76
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $198.52
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Aster: no order-book sample; Lighter: live order book, 11 min ago. Net counts fees only.
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 Aster no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 11 min ago | 33.52 bp | 77.0 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
Aster: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MEGA-PERP-INTX | −0.0680% | 1h | 0.04589 | −0.186% | $5K | $12K | 50x | as long as short |
| Bybit MEGAUSDT | −0.0154% | 4h | 0.04595 | −0.066% | $3.5M | $5.8M | 20x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04606 | +0.173% | $21K | $7K | 5x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04594 | −0.093% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0077% | 1h | 0.04594 | −0.077% | $198K | $144K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0088% | 4h | 0.04595 | −0.066% | $203K | $95K | 50x | as long as short |
| Aster MEGAUSDTlong | +0.0100% | 4h | 0.04598 | long leg | $19K | $91K | 5x | |
| Pacifica MEGA | +0.0100% | 1h | 0.04599 | +0.017% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04595 | −0.065% | $4.1M | $13.7M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04592 | −0.131% | $937K | $3.2M | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | +0.0100% | 1h | 0.04595 | −0.069% | $136K | $111 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04598 | −0.001% | $204K | $326K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04598 | −0.001% | $806K | $375K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04599 | +0.021% | $234K | $119K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04595 | −0.066% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04596 | −0.044% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04599 | +0.025% | $325K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04590 | −0.168% | $29K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04610 | +0.260% | $24K | $230K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04593 | −0.110% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04593 | −0.110% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04596 | −0.052% | $129K | $821K | 5x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0145% | 1h | 0.04600 | +0.043% | $19K | $53K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04592 | −0.137% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0238% / S −0.5353% | 1h | 0.04595 | −0.064% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.0327% | 1h | 0.04605 | +0.145% | $8.0M | $2.6M | 3x | as long as short |
| Lighter MEGAshort | +0.0856% | 1h | 0.04620 | +0.478% | $654K | $341K | 3x | |
| Deribit MEGA_USDC-PERPETUAL | +0.1012% | 1h | 0.04601 | +0.067% | $111 | $15 | 25x | as long as short |
Aster MEGAUSDT
Lighter MEGA
Coinbase International MEGA-PERP-INTX
Bybit MEGAUSDT
Phoenix MEGA
gTrade (Gains Network) MEGA/USD
BloFin MEGA-USDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Extended MEGA-USD
Backpack MEGA_USDC_PERP
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL