Funding you earn now, next payment 07:00 UTC−0.0691%/8h= −75.7% APRpaid last 24h −0.348%
Price spread now: KuCoin against Deribit−0.142%7-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 −$21 a day on $10k at the current rate, and KuCoin is 0.142% cheaper against Deribit than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MEGA_USDC-PERPETUAL | 0.04518 | 0.0791 | pay 0.0099% / 1h | 38m 53s | $109 | $15 | 25x |
| Short | KuCoin MEGAUSDTM | 0.04512 | 0.0100 | get 0.0050% / 4h | 1h 38m | $226K | $120K | 50x |
Deribit MEGA_USDC-PERPETUAL
KuCoin MEGAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$145.17
- Price spread: −0.142% → 0.000%
- −$14.16
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$178.33
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago | 13.30 bp | 270.6 bp −$271 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04513 | −0.122% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0062% | 1h | 0.04512 | −0.153% | $194K | $142K | 2x | as long as short |
| Bybit MEGAUSDT | +0.0090% | 4h | 0.04508 | −0.230% | $3.4M | $5.9M | 20x | as long as short |
| Lighter MEGA | +0.0096% | 1h | 0.04525 | +0.146% | $606K | $377K | 3x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04512 | −0.135% | $20K | $96K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04511 | −0.155% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04511 | −0.165% | $4.0M | $13.8M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04508 | −0.230% | $912K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04520 | +0.035% | $133K | $111 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04511 | −0.164% | $203K | $326K | 20x | as long as short |
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Bybit MEGAUSDT
Lighter MEGA
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04511 | −0.164% | $775K | $405K | 50x | as long as short |
| KuCoin MEGAUSDTMshort | +0.0100% | 4h | 0.04512 | −0.142% | $226K | $120K | 50x | |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04510 | −0.186% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04508 | −0.230% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04511 | −0.170% | $318K | $227K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04516 | −0.053% | $21K | $1.9M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04514 | −0.097% | $23K | $228K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04512 | −0.142% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04510 | −0.186% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04509 | −0.211% | $126K | $406K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0149% | 4h | 0.04507 | −0.252% | $199K | $93K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04512 | −0.135% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0176% | 1h | 0.04523 | +0.102% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04512 | −0.135% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.0365% | 1h | 0.04519 | +0.002% | $7.8M | $2.6M | 3x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0383% | 1h | 0.04515 | −0.075% | $18K | $55K | 5x | as long as short |
| Deribit MEGA_USDC-PERPETUALlong | +0.0791% | 1h | 0.04518 | long leg | $109 | $15 | 25x | |
| Coinbase International MEGA-PERP-INTX | +0.0872% | 1h | 0.04589 | +1.574% | $5K | $12K | 50x | as long as short |
MEXC MEGA_USDT
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
BloFin MEGA-USDT
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Backpack MEGA_USDC_PERP
Coinbase International MEGA-PERP-INTX