Funding you earn now, next payment 01:00 UTC−0.0536%/8h= −58.7% APRnext payment −$0.67 per $10,000 · paid last 24h +0.201%
Price spread now: Coinbase International against Extended−1.769%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 −$16 a day on $10k at the current rate, and Coinbase International is 1.769% cheaper against Extended than usual: you would sell low and buy high (−$177 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 | Extended MEGA-USD | 0.04571 | 0.0104 | pay 0.0013% / 1h | 33m 26s | $128K | $824K | 5x |
| Short | Coinbase International MEGA-PERP-INTX | 0.04490 | −0.0432 | pay 0.0054% / 1h | 33m 26s | $5K | $12K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Extended. 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
- −$112.56
- Price spread: −1.769% → 0.000%
- −$176.95
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$304.51
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 35 min ago; Coinbase International: 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 Extended live order book, 35 min ago | 3.24 bp | 49.5 bp −$50 | 289.3 bp −$2,893 | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: 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 27 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-INTXshort | −0.0432% | 1h | 0.04490 | −1.769% | $5K | $12K | 50x | |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04573 | +0.033% | $12K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0066% | 1h | 0.04574 | +0.059% | $198K | $141K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04577 | +0.117% | $18K | $90K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04579 | +0.164% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04575 | +0.081% | $4.0M | $13.5M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04572 | +0.016% | $3.6M | $5.4M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04574 | +0.059% | $937K | $3.1M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04550 | −0.466% | $134K | $4K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04572 | +0.016% | $203K | $319K | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04573 | +0.037% | $827K | $364K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04578 | +0.147% | $239K | $112K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04572 | +0.016% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04573 | +0.037% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04586 | +0.328% | $323K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04597 | +0.555% | $29K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04600 | +0.628% | $24K | $232K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04586 | +0.322% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04588 | +0.366% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USDlong | +0.0104% | 1h | 0.04571 | long leg | $128K | $824K | 5x | |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04573 | +0.044% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0173% | 1h | 0.04594 | +0.497% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04572 | +0.018% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0582% | 1h | 0.04592 | +0.453% | $18K | $46K | 5x | as long as short |
| Lighter MEGA | +0.1280% | 1h | 0.04600 | +0.628% | $650K | $329K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1930% | 1h | 0.04596 | +0.545% | $111 | $15 | 25x | as long as short |
| Hyperliquid MEGA | +0.1943% | 1h | 0.04588 | +0.370% | $7.9M | $2.5M | 3x | as long as short |
Extended MEGA-USD
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Aster MEGAUSDT
Pacifica MEGA
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
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL
Hyperliquid MEGA