Funding you earn now, next payment 08:00 UTC−0.1132%/8h= −123.9% APRnext payment −$1.41 per $10,000 · paid last 24h −0.345%
Price spread now: Pacifica against Deribit−0.131%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
=Both sides work against this trade now: funding costs −$34 a day on $10k at the current rate, and Pacifica is 0.131% cheaper against Deribit than usual: you would sell low and buy high (−$13 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 | 0.04597 | 0.1232 | pay 0.0154% / 1h | 43m 20s | $111 | $15 | 25x |
| Short | Pacifica MEGA | 0.04591 | 0.0100 | get 0.0013% / 1h | 43m 20s | $14K | $9K | 3x |
Deribit MEGA_USDC-PERPETUAL
Pacifica MEGAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$237.62
- Price spread: −0.131% → 0.000%
- −$13.05
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$265.67
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Deribit: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Pacifica no order-book sample | — | — | — | — | — |
Deribit 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 +0.0001% / S +0.0023% | 1h | 0.04589 | −0.172% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0071% | 1h | 0.04589 | −0.157% | $198K | $141K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04589 | −0.162% | $21K | $96K | 5x | as long as short |
| Pacifica MEGAshort | +0.0100% | 1h | 0.04591 | −0.131% | $14K | $9K | 3x | |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04589 | −0.161% | $4.1M | $13.8M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04587 | −0.211% | $3.5M | $5.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04585 | −0.255% | $928K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04590 | −0.146% | $136K | $111 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04592 | −0.102% | $208K | $328K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04591 | −0.124% | $775K | $406K | 50x | as long as short |
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Aster MEGAUSDT
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04589 | −0.168% | $229K | $121K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04592 | −0.102% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04586 | −0.233% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04587 | −0.209% | $323K | $227K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04591 | −0.118% | $26K | $2.0M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04589 | −0.168% | $24K | $227K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04588 | −0.189% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04588 | −0.189% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04592 | −0.097% | $132K | $783K | 5x | as long as short |
| Lighter MEGA | +0.0112% | 1h | 0.04608 | +0.246% | $615K | $383K | 3x | as long as short |
| Hyperliquid MEGA | +0.0129% | 1h | 0.04597 | +0.011% | $7.9M | $2.6M | 3x | as long as short |
| BloFin MEGA-USDT | +0.0139% | 4h | 0.04591 | −0.124% | $203K | $95K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04589 | −0.174% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0175% | 1h | 0.04595 | −0.037% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0238% / S −0.5353% | 1h | 0.04587 | −0.207% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0637% | 1h | 0.04595 | −0.037% | $18K | $55K | 5x | as long as short |
| Deribit MEGA_USDC-PERPETUALlong | +0.1232% | 1h | 0.04597 | long leg | $111 | $15 | 25x | |
| Coinbase International MEGA-PERP-INTX | +0.1376% | 1h | 0.04589 | −0.157% | $5K | $12K | 50x | as long as short |
KuCoin MEGAUSDTM
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
Lighter MEGA
Hyperliquid MEGA
BloFin MEGA-USDT
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Coinbase International MEGA-PERP-INTX