Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Gate against Extended−0.015%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$330as in the Funding arb table
Net, price: spread back to 7d avg − costs−$335as in the Price arb table
costs, in and out, $10k−$3303.301% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.015%, 7d avg +0.035%
=Together, before fees+0.033%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.049% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MEGA-USD | 0.04421 | 0.0104 | pay 0.0013% / 1h | 41m 46s | $126K | $613K | 5x |
| Short | Gate MEGA_USDT | 0.04420 | 0.0100 | get 0.0050% / 4h | 2h 41m | $188K | $310K | 20x |
Extended MEGA-USD
Gate MEGA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$0.84
- Price spread: −0.015% → +0.035%
- −$4.94
- Slippage, 4 orders
- −$310.08
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$335.86
- Costs to cover
- 3.301%
- Break-even
- never at this rate
Slippage from Extended: live order book, 46 min ago; Gate: live order book, 42 min ago.
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, 46 min ago | 5.61 bp | 53.6 bp −$54 | 301.8 bp −$3,018 | doesn't fit | doesn't fit |
| Sell Gate live order book, 42 min ago | 2.24 bp | 141.8 bp −$142 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0288% | 1h | 0.04400 | −0.460% | $5K | $11K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04421 | 0.000% | $12K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04425 | +0.098% | $20K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0076% | 1h | 0.04424 | +0.087% | $191K | $151K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0094% | 4h | 0.04417 | −0.082% | $198K | $75K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0097% | 4h | 0.04422 | +0.031% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04421 | +0.009% | $19K | $80K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04424 | +0.087% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04418 | −0.066% | $3.9M | $12.7M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04415 | −0.128% | $3.4M | $4.9M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Nado MEGA-PERP
BloFin MEGA-USDT
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04414 | −0.150% | $904K | $2.8M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04450 | +0.664% | $131K | $5K | 10x | as long as short |
| Gate MEGA_USDTshort | +0.0100% | 4h | 0.04420 | −0.015% | $188K | $310K | 20x | |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04417 | −0.082% | $771K | $351K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04421 | +0.008% | $228K | $112K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04417 | −0.082% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04415 | −0.128% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04425 | +0.098% | $15K | $39K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04419 | −0.048% | $235K | $109K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04421 | +0.002% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04416 | −0.105% | $24K | $229K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04425 | +0.098% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USDlong | +0.0104% | 1h | 0.04421 | long leg | $126K | $613K | 5x | |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04422 | +0.039% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0235% / S −0.5353% | 1h | 0.04419 | −0.026% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.1244% | 1h | 0.04428 | +0.171% | $7.5M | $2.4M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1401% | 1h | 0.04430 | +0.207% | $107 | $15 | 25x | as long as short |
| Lighter MEGA | +0.1712% | 1h | 0.04437 | +0.370% | $597K | $299K | 3x | as long as short |
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL
Lighter MEGA