Funding you earn now, next payment 23:00 UTC−0.0196%/8h= −21.5% APRnext payment −$0.24 per $10,000 · paid last 24h −0.228%
Price spread now: Pacifica against Coinbase International+0.370%7-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
=The price spread pays, funding is against you. Pacifica is 0.370% dearer against Coinbase International than usual: you sell high and buy low (spread +0.370% now, against zero (this spread has no 7-day history yet)): +$37 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 6.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International MEGA-PERP-INTX | 0.04490 | 0.0296 | pay 0.0037% / 1h | 37m 41s | $5K | $12K | 50x |
| Short | Pacifica MEGA | 0.04507 | 0.0100 | get 0.0013% / 1h | 37m 41s | $14K | $9K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Coinbase International. 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
- −$41.16
- Price spread: +0.370% → 0.000%
- $36.97
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$22.19
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; Pacifica: 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Pacifica no order-book sample | — | — | — | — | — |
Coinbase International and Pacifica: 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04504 | +0.309% | $12K | — | 150x | as long as short |
| BloFin MEGA-USDT | +0.0056% | 4h | 0.04506 | +0.347% | $195K | $77K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04506 | +0.347% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04505 | +0.328% | $18K | $83K | 5x | as long as short |
| Pacifica MEGAshort | +0.0100% | 1h | 0.04507 | +0.370% | $14K | $9K | 3x | |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04504 | +0.306% | $3.9M | $12.8M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04500 | +0.214% | $3.5M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04501 | +0.236% | $917K | $2.9M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04505 | +0.325% | $133K | $5K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04504 | +0.303% | $193K | $309K | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04506 | +0.347% | $770K | $350K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04502 | +0.258% | $237K | $114K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04502 | +0.258% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04500 | +0.214% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04503 | +0.279% | $226K | $133K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04507 | +0.375% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04506 | +0.347% | $25K | $230K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04508 | +0.392% | $1K | $1.9M | 10x | as long as short |
| Nado MEGA-PERP | +0.0102% | 1h | 0.04504 | +0.303% | $195K | $135K | 2x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04502 | +0.252% | $128K | $613K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04506 | +0.347% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04503 | +0.290% | $3K | — | 45x | as long as short |
| Coinbase International MEGA-PERP-INTXlong | +0.0296% | 1h | 0.04490 | long leg | $5K | $12K | 50x | |
| Phoenix MEGA | +0.0355% | 1h | 0.04508 | +0.392% | $21K | $7K | 5x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0678% | 1h | 0.04509 | +0.414% | $18K | $41K | 5x | as long as short |
| Hyperliquid MEGA | +0.1084% | 1h | 0.04517 | +0.590% | $7.7M | $2.4M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1370% | 1h | 0.04512 | +0.485% | $109 | $15 | 25x | as long as short |
| Lighter MEGA | +0.1544% | 1h | 0.04527 | +0.815% | $637K | $319K | 3x | as long as short |
Coinbase International MEGA-PERP-INTX
Pacifica MEGA
gTrade (Gains Network) MEGA/USD
BloFin MEGA-USDT
Aster MEGAUSDT
Binance MEGAUSDT
Bybit 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
GMX MEGA/USD [ETH-USDC]
Phoenix MEGA
Backpack MEGA_USDC_PERP
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL
Lighter MEGA