Funding you earn now, next payment 22:00 UTC+0.1622%/8h= +177.7% APRpaid last 24h +0.277%
Price spread now: Deribit against BloFin+0.185%57s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$49 a day on $10k at the current rate, and Deribit is 0.185% dearer against BloFin than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MEGA-USDT | 0.04435 | 0.0089 | pay 0.0045% / 4h | 2h 56m | $197K | $76K | 50x |
| Short | Deribit MEGA_USDC-PERPETUAL | 0.04443 | 0.1712 | get 0.0214% / 1h | 56m 13s | $108 | $15 | 25x |
BloFin MEGA-USDT
Deribit MEGA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against BloFin. 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
- $340.72
- Price spread: +0.185% → 0.000%
- $18.49
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $340.21
- Costs to cover
- 0.190%
- Break-even
- 0.0 days
Slippage unknown: BloFin: live order book, 26 min ago; Deribit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 26 min ago | 3.36 bp | 17.1 bp −$17 | 55.8 bp −$558 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | −0.0288% | 1h | 0.04400 | −0.782% | $5K | $11K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04434 | −0.034% | $12K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04458 | +0.519% | $20K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0025% | 1h | 0.04438 | +0.068% | $192K | $156K | 2x | as long as short |
| BloFin MEGA-USDTlong | +0.0089% | 4h | 0.04435 | long leg | $197K | $76K | 50x | |
| Orderly PERP_MEGA_USDC | +0.0097% | 4h | 0.04434 | −0.023% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04437 | +0.036% | $20K | $81K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04444 | +0.203% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04437 | +0.045% | $4.0M | $12.8M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04434 | −0.023% | $3.4M | $4.9M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Nado MEGA-PERP
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04434 | −0.023% | $908K | $2.8M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04460 | +0.564% | $132K | $5K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04435 | 0.000% | $189K | $310K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04436 | +0.023% | $782K | $349K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04437 | +0.045% | $229K | $112K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04439 | +0.090% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04435 | 0.000% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04441 | +0.135% | $14K | $41K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04458 | +0.520% | $241K | $107K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04452 | +0.383% | $27K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04449 | +0.316% | $24K | $229K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04438 | +0.068% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04437 | +0.045% | $126K | $613K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04438 | +0.058% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0235% / S −0.5353% | 1h | 0.04434 | −0.027% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.1169% | 1h | 0.04447 | +0.277% | $7.6M | $2.4M | 3x | as long as short |
| Lighter MEGA | +0.1408% | 1h | 0.04460 | +0.564% | $600K | $299K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUALshort | +0.1712% | 1h | 0.04443 | +0.185% | $108 | $15 | 25x |
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Lighter MEGA