Funding you earn now, next payment 00:00 UTC+0.1298%/8h= +142.1% APRnext payment +$1.62 per $10,000 · paid last 24h +0.231%
Price spread now: Lighter against gTrade (Gains Network)+0.551%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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$39 a day on $10k at the current rate, and Lighter is 0.551% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$55 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 | 0.04508 | L −0.0018% / S +0.0023% | get 0.0002% / 1h | 6m 54s | $12K | — | 150x |
| Short | Lighter MEGA | 0.04533 | 0.1280 | get 0.0160% / 1h | 6m 54s | $637K | $320K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $272.51
- Price spread: +0.551% → 0.000%
- $55.06
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $315.57
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 64 min ago. 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 Lighter live order book, 64 min ago | 31.08 bp | 75.8 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
gTrade (Gains Network): 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 | 0.04508 | long leg | $12K | — | 150x | |
| BloFin MEGA-USDT | +0.0070% | 4h | 0.04518 | +0.218% | $196K | $76K | 50x | as long as short |
| Bybit MEGAUSDT | +0.0085% | 4h | 0.04506 | −0.048% | $3.5M | $5.0M | 20x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04513 | +0.105% | $18K | $83K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04517 | +0.196% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04510 | +0.037% | $3.9M | $12.9M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04507 | −0.026% | $918K | $2.9M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04515 | +0.149% | $133K | $4K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04508 | −0.004% | $196K | $313K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04509 | +0.018% | $768K | $355K | 50x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04512 | +0.085% | $237K | $114K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04510 | +0.040% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04508 | −0.004% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04504 | −0.085% | $226K | $133K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04520 | +0.261% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04519 | +0.240% | $25K | $231K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04507 | −0.026% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04507 | −0.026% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04508 | −0.001% | $128K | $613K | 5x | as long as short |
| Nado MEGA-PERP | +0.0105% | 1h | 0.04507 | −0.015% | $195K | $135K | 2x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04508 | −0.007% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04508 | 0.000% | $3K | — | 45x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.0296% | 1h | 0.04490 | −0.394% | $5K | $12K | 50x | as long as short |
| Phoenix MEGA | +0.0355% | 1h | 0.04507 | −0.026% | $21K | $7K | 5x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0391% | 1h | 0.04513 | +0.107% | $18K | $41K | 5x | as long as short |
| Hyperliquid MEGA | +0.0898% | 1h | 0.04517 | +0.191% | $7.7M | $2.4M | 3x | as long as short |
| Lighter MEGAshort | +0.1280% | 1h | 0.04533 | +0.551% | $637K | $320K | 3x | |
| Deribit MEGA_USDC-PERPETUAL | +0.1457% | 1h | 0.04519 | +0.240% | $109 | $15 | 25x | as long as short |
gTrade (Gains Network) MEGA/USD
Lighter MEGA
BloFin MEGA-USDT
Bybit MEGAUSDT
Aster MEGAUSDT
Pacifica MEGA
Binance 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
Extended MEGA-USD
GMX MEGA/USD [ETH-USDC]
Coinbase International MEGA-PERP-INTX
Phoenix MEGA
Backpack MEGA_USDC_PERP
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL