Settings8H · net · $10k
Funding arb · Price arb /

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) MEGA/USD0.04508L −0.0018% / S +0.0023%get 0.0002% / 1h6m 54s$12K150x
ShortLighter MEGA0.045330.1280get 0.0160% / 1h6m 54s$637K$320K3x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell Lighter live order book, 64 min ago31.08 bp75.8 bp −$76doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) MEGA/USDlongL −0.0018% / S +0.0023%1h0.04508long leg$12K150x
BloFin MEGA-USDT+0.0070%4h0.04518+0.218%$196K$76K50xas long as short
Bybit MEGAUSDT+0.0085%4h0.04506−0.048%$3.5M$5.0M20xas long as short
Aster MEGAUSDT+0.0100%4h0.04513+0.105%$18K$83K5xas long as short
Pacifica MEGA+0.0100%1h0.04517+0.196%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04510+0.037%$3.9M$12.9M50xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04507−0.026%$918K$2.9M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04515+0.149%$133K$4K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04508−0.004%$196K$313K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04509+0.018%$768K$355K50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MEGAUSDTM+0.0100%4h0.04512+0.085%$237K$114K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04510+0.040%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04508−0.004%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04504−0.085%$226K$133Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04520+0.261%$21K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04519+0.240%$25K$231K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04507−0.026%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04507−0.026%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04508−0.001%$128K$613K5xas long as short
Nado MEGA-PERP+0.0105%1h0.04507−0.015%$195K$135K2xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04508−0.007%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0236% / S −0.5353%1h0.045080.000%$3K45xas long as short
Coinbase International MEGA-PERP-INTX+0.0296%1h0.04490−0.394%$5K$12K50xas long as short
Phoenix MEGA+0.0355%1h0.04507−0.026%$21K$7K5xas long as short
Backpack MEGA_USDC_PERP+0.0391%1h0.04513+0.107%$18K$41K5xas long as short
Hyperliquid MEGA+0.0898%1h0.04517+0.191%$7.7M$2.4M3xas long as short
Lighter MEGAshort+0.1280%1h0.04533+0.551%$637K$320K3x
Deribit MEGA_USDC-PERPETUAL+0.1457%1h0.04519+0.240%$109$1525xas long as short