Funding you earn now, next payment 06:00 UTC−0.0719%/8h= −78.7% APRpaid last 24h −0.345%
Price spread now: BloFin against Deribit−0.029%57s7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$22 a day on $10k at the current rate, and BloFin is 0.029% cheaper against Deribit than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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 | Deribit MEGA_USDC-PERPETUAL | 0.04509 | 0.0816 | pay 0.0102% / 1h | 41m 59s | $109 | $15 | 25x |
| Short | BloFin MEGA-USDT | 0.04508 | 0.0097 | get 0.0048% / 4h | 2h 41m | $200K | $93K | 50x |
Deribit MEGA_USDC-PERPETUAL
BloFin MEGA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Deribit. 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
- −$150.92
- Price spread: −0.029% → 0.000%
- −$2.88
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$172.8
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; BloFin: live order book, 39 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 Deribit no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 39 min ago | 8.74 bp | 30.4 bp −$30 | 87.1 bp −$871 | doesn't fit | doesn't fit |
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 | −0.0048% | 1h | 0.04589 | +1.779% | $5K | $12K | 50x | as long as short |
| Bybit MEGAUSDT | −0.0008% | 4h | 0.04501 | −0.184% | $3.5M | $5.8M | 20x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04502 | −0.161% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0062% | 1h | 0.04501 | −0.184% | $194K | $141K | 2x | as long as short |
| BloFin MEGA-USDTshort | +0.0097% | 4h | 0.04508 | −0.029% | $200K | $93K | 50x | |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04505 | −0.100% | $18K | $91K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04506 | −0.069% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04503 | −0.139% | $4.0M | $13.7M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04500 | −0.206% | $917K | $3.1M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04511 | +0.043% | $133K | $111 | 10x | as long as short |
Coinbase International MEGA-PERP-INTX
Bybit MEGAUSDT
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.0100% | 4h | 0.04505 | −0.095% | $200K | $325K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04504 | −0.118% | $806K | $383K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04505 | −0.095% | $229K | $118K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04501 | −0.184% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04503 | −0.140% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04507 | −0.051% | $18K | $54K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04510 | +0.009% | $318K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04511 | +0.040% | $28K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04510 | +0.016% | $23K | $228K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04504 | −0.118% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04503 | −0.140% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04499 | −0.232% | $126K | $431K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04500 | −0.209% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0177% | 1h | 0.04518 | +0.193% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04501 | −0.180% | $3K | — | 45x | as long as short |
| Lighter MEGA | +0.0376% | 1h | 0.04525 | +0.348% | $630K | $352K | 3x | as long as short |
| Hyperliquid MEGA | +0.0482% | 1h | 0.04512 | +0.062% | $7.8M | $2.6M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUALlong | +0.0816% | 1h | 0.04509 | long leg | $109 | $15 | 25x |
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
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Lighter MEGA
Hyperliquid MEGA