Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.04 per $10,000 · paid last 24h +0.252%
Price spread now: Coinbase International against gTrade (Gains Network)−0.922%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 −$1 a day on $10k at the current rate, and Coinbase International is 0.922% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$92 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 | gTrade (Gains Network) MEGA/USD | 0.04532 | L −0.0018% / S +0.0023% | get 0.0002% / 1h | 42m 00s | $12K | — | 150x |
| Short | Coinbase International MEGA-PERP-INTX | 0.04490 | −0.0048 | pay 0.0006% / 1h | 42m 00s | $5K | $12K | 50x |
gTrade (Gains Network) MEGA/USD
Coinbase International MEGA-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against gTrade (Gains Network). 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
- −$6.37
- Price spread: −0.922% → 0.000%
- −$92.19
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$120.55
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and 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 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-INTXshort | −0.0048% | 1h | 0.04490 | −0.922% | $5K | $12K | 50x | |
| gTrade (Gains Network) MEGA/USDlong | L −0.0018% / S +0.0023% | 1h | 0.04532 | long leg | $12K | — | 150x | |
| Phoenix MEGA | 0.0000% | 1h | 0.04503 | −0.644% | $21K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0064% | 1h | 0.04534 | +0.051% | $197K | $136K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0078% | 4h | 0.04501 | −0.688% | $196K | $76K | 50x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04533 | +0.010% | $20K | $86K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04528 | −0.103% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04536 | +0.084% | $4.0M | $13.1M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04535 | +0.062% | $3.5M | $5.2M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04532 | −0.004% | $926K | $3.0M | 20x | as long as short |
Phoenix MEGA
Nado MEGA-PERP
BloFin MEGA-USDT
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 | 0.04510 | −0.489% | $133K | $4K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04530 | −0.048% | $198K | $312K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04535 | +0.062% | $840K | $359K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04536 | +0.084% | $239K | $115K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04536 | +0.084% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04537 | +0.106% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04542 | +0.217% | $18K | $41K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04503 | −0.648% | $317K | $227K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04503 | −0.653% | $28K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04502 | −0.666% | $25K | $231K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04532 | −0.004% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04525 | −0.158% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04533 | +0.019% | $127K | $734K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04535 | +0.058% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04532 | −0.008% | $3K | — | 45x | as long as short |
| Lighter MEGA | +0.0824% | 1h | 0.04559 | +0.592% | $641K | $320K | 3x | as long as short |
| Hyperliquid MEGA | +0.0968% | 1h | 0.04550 | +0.389% | $7.8M | $2.4M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.2772% | 1h | 0.04546 | +0.316% | $110 | $15 | 25x | as long as short |
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Lighter MEGA
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL