Funding you earn now, next payment 00:00 UTC+0.1320%/8h= +144.5% APRnext payment +$1.65 per $10,000 · paid last 24h +0.327%
Price spread now: Deribit against gTrade (Gains Network)+0.141%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$40 a day on $10k at the current rate, and Deribit is 0.141% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) MEGA/USD | 0.04511 | L −0.0018% / S +0.0023% | get 0.0002% / 1h | 29m 41s | $12K | — | 150x |
| Short | Deribit MEGA_USDC-PERPETUAL | 0.04518 | 0.1302 | get 0.0163% / 1h | 29m 41s | $109 | $15 | 25x |
gTrade (Gains Network) MEGA/USD
Deribit MEGA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $277.11
- Price spread: +0.141% → 0.000%
- $14.12
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $272.23
- Costs to cover
- 0.190%
- Break-even
- 0.1 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Deribit: 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 Deribit no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) MEGA/USDlong | L −0.0018% / S +0.0023% | 1h | 0.04511 | long leg | $12K | — | 150x | |
| Nado MEGA-PERP | +0.0093% | 1h | 0.04512 | +0.028% | $195K | $135K | 2x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04511 | −0.005% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04516 | +0.098% | $18K | $83K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04513 | +0.039% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04512 | +0.024% | $3.9M | $12.9M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04508 | −0.072% | $3.5M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04510 | −0.027% | $919K | $2.9M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04515 | +0.080% | $133K | $2K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04510 | −0.027% | $193K | $310K | 20x | as long as short |
Nado MEGA-PERP
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04513 | +0.039% | $768K | $352K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04512 | +0.017% | $237K | $114K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04513 | +0.039% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04510 | −0.027% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04508 | −0.061% | $226K | $133K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04523 | +0.252% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04516 | +0.106% | $25K | $230K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04513 | +0.039% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04512 | +0.021% | $128K | $613K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0135% | 4h | 0.04512 | +0.017% | $195K | $77K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04512 | +0.016% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04510 | −0.025% | $3K | — | 45x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.0296% | 1h | 0.04490 | −0.462% | $5K | $12K | 50x | as long as short |
| Phoenix MEGA | +0.0355% | 1h | 0.04510 | −0.027% | $21K | $7K | 5x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0593% | 1h | 0.04515 | +0.084% | $18K | $41K | 5x | as long as short |
| Hyperliquid MEGA | +0.1164% | 1h | 0.04525 | +0.305% | $7.7M | $2.4M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUALshort | +0.1302% | 1h | 0.04518 | +0.141% | $109 | $15 | 25x | |
| Lighter MEGA | +0.1512% | 1h | 0.04534 | +0.505% | $638K | $319K | 3x | as long as short |
MEXC 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
BloFin MEGA-USDT
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Coinbase International MEGA-PERP-INTX
Phoenix MEGA
Backpack MEGA_USDC_PERP
Hyperliquid MEGA
Lighter MEGA