Funding you earn now, next payment 23:00 UTC−0.1199%/8h= −131.2% APRpaid last 24h −0.291%
Price spread now: MEXC against Deribit−0.150%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 −$36 a day on $10k at the current rate, and MEXC is 0.150% cheaper against Deribit than usual: you would sell low and buy high (−$15 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 | 0.04463 | 0.1299 | pay 0.0162% / 1h | 50m 23s | $108 | $15 | 25x |
| Short | MEXC MEGA_USDT | 0.04456 | 0.0100 | get 0.0050% / 4h | 1h 50m | $761K | $345K | 50x |
Deribit MEGA_USDC-PERPETUAL
MEXC MEGA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$251.69
- Price spread: −0.150% → 0.000%
- −$15.01
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$273.71
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; MEXC: live order book, 25 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 MEXC live order book, 25 min ago | 4.46 bp | 11.7 bp −$12 | 66.1 bp −$661 | 206.9 bp −$20.7K | 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 | −0.0144% | 1h | 0.04490 | +0.621% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04456 | −0.144% | $12K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0044% | 1h | 0.04456 | −0.150% | $192K | $152K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0081% | 4h | 0.04461 | −0.038% | $196K | $76K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0098% | 4h | 0.04456 | −0.150% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04460 | −0.070% | $20K | $82K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04461 | −0.031% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04457 | −0.127% | $3.9M | $12.8M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04456 | −0.150% | $3.4M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04455 | −0.173% | $912K | $2.9M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
BloFin MEGA-USDT
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | +0.0100% | 1h | 0.04465 | +0.052% | $132K | $5K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04458 | −0.105% | $190K | $310K | 20x | as long as short |
| MEXC MEGA_USDTshort | +0.0100% | 4h | 0.04456 | −0.150% | $761K | $345K | 50x | |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04461 | −0.038% | $235K | $113K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04457 | −0.128% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04454 | −0.195% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04455 | −0.170% | $224K | $135K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04472 | +0.208% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04460 | −0.061% | $24K | $230K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04457 | −0.128% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04455 | −0.177% | $126K | $613K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04456 | −0.146% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0179% | 1h | 0.04470 | +0.164% | $20K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04455 | −0.168% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0639% | 1h | 0.04461 | −0.038% | $18K | $41K | 5x | as long as short |
| Lighter MEGA | +0.1296% | 1h | 0.04480 | +0.388% | $619K | $311K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUALlong | +0.1299% | 1h | 0.04463 | long leg | $108 | $15 | 25x | |
| Hyperliquid MEGA | +0.1331% | 1h | 0.04468 | +0.117% | $7.6M | $2.4M | 3x | as long as short |
Bulk MEGA-USD
Gate 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
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Lighter MEGA
Hyperliquid MEGA