MEGA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0059%/8h= +6.4% APRnext payment +$0.07 per $10,000 · paid last 24h +0.018%

Price spread now: Reya against Bulk−0.237%52s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bulk Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.237% cheaper against Bulk than usual: you would sell low and buy high (spread −0.237% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$24 on $10k: about 13 days of funding at the current rate (+$2 a day). The two prices were read 52 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	Bulk MEGA-USD	0.04510	0.0100	pay 0.0013% / 1h	43m 31s	$133K	$4K	10x
Short	Reya MEGARUSDPERP	0.04499	0.0159	get 0.0020% / 1h	43m 31s	$3	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Bulk. 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

Position, each leg$Hold fordaysFee BulkbpFee ReyabpOrdersPrice spread, now −0.237%Rate

Funding earned: $12.34
Price spread: −0.237% → 0.000%: −$23.68
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: −$24.35
Costs to cover: 0.130%
Break-even: 20.8 days

Slippage unknown: Bulk: live order book, 30 min ago; Reya: 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 Bulk live order book, 30 min ago	11.07 bp	14.6 bp −$15	32.0 bp −$320	266.5 bp −$26.6K	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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	−0.0048%	1h	0.04490	−0.435%	$5K	$12K	50x	as long as short
gTrade (Gains Network) MEGA/USD	L −0.0018% / S +0.0023%	1h	0.04499	−0.240%	$12K	—	150x	as long as short
Phoenix MEGA	0.0000%	1h	0.04522	+0.266%	$21K	$7K	5x	as long as short
Nado MEGA-PERP	+0.0069%	1h	0.04521	+0.255%	$196K	$136K	2x	as long as short
Aster MEGAUSDT	+0.0100%	4h	0.04519	+0.197%	$20K	$86K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	0.04523	+0.299%	$14K	$9K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04525	+0.324%	$3.9M	$13.1M	50x	as long as short
Bybit MEGAUSDT	+0.0100%	4h	0.04524	+0.310%	$3.5M	$5.2M	20x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04520	+0.222%	$922K	$3.0M	20x	as long as short
Bulk MEGA-USDlong	+0.0100%	1h	0.04510	long leg	$133K	$4K	10x

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate MEGA_USDT	+0.0100%	4h	0.04518	+0.177%	$197K	$312K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	0.04522	+0.266%	$838K	$359K	50x	as long as short
KuCoin MEGAUSDTM	+0.0100%	4h	0.04519	+0.200%	$238K	$115K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	0.04523	+0.288%	$1.1M	$1.5M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04521	+0.244%	—	$1.7M	—	as long as short
Backpack MEGA_USDC_PERP	+0.0100%	1h	0.04504	−0.133%	$18K	$41K	5x	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04503	−0.160%	$317K	$227K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04503	−0.165%	$28K	$1.7M	10x	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	0.04502	−0.177%	$25K	$231K	50x	as long as short
Orderly PERP_MEGA_USDC	+0.0100%	4h	0.04500	−0.222%	$3K	$2K	10x	as long as short
SunX MEGA-USDT	+0.0100%	4h	0.04504	−0.133%	$2K	$1.9M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04521	+0.245%	$131K	$745K	5x	as long as short
BloFin MEGA-USDT	+0.0153%	4h	0.04503	−0.155%	$196K	$76K	50x	as long as short
Reya MEGARUSDPERPshort	+0.0159%	1h	0.04499	−0.237%	$3	—	3x
GMX MEGA/USD [ETH-USDC]	L +0.0236% / S −0.5353%	1h	0.04499	−0.235%	$3K	—	45x	as long as short
Lighter MEGA	+0.0784%	1h	0.04541	+0.687%	$639K	$320K	3x	as long as short
Hyperliquid MEGA	+0.0932%	1h	0.04530	+0.446%	$7.7M	$2.4M	3x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.2593%	1h	0.04514	+0.098%	$109	$15	25x	as long as short