Funding you earn now, next payment 08:00 UTC−0.0137%/8h= −15.0% APRnext payment −$0.17 per $10,000 · paid last 24h −0.036%
Price spread now: Pacifica against GMX+0.077%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
=The price spread pays, funding is against you. Pacifica is 0.077% dearer against GMX than usual: you sell high and buy low (spread +0.077% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 45 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX MEGA/USD [ETH-USDC] | 0.04550 | L +0.0237% / S −0.5353% | pay 0.0030% / 1h | 24m 24s | $3K | — | 45x |
| Short | Pacifica MEGA | 0.04553 | 0.0100 | get 0.0013% / 1h | 24m 24s | $14K | $9K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against GMX. 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
- −$28.84
- Price spread: +0.077% → 0.000%
- $7.69
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$41.15
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Pacifica: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Pacifica no order-book sample | — | — | — | — | — |
GMX and Pacifica: 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/USD | L +0.0001% / S +0.0023% | 1h | 0.04550 | +0.004% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0066% | 1h | 0.04550 | +0.020% | $196K | $140K | 2x | as long as short |
| Lighter MEGA | +0.0096% | 1h | 0.04570 | +0.448% | $610K | $383K | 3x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04546 | −0.079% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04551 | +0.036% | $20K | $96K | 5x | as long as short |
| Pacifica MEGAshort | +0.0100% | 1h | 0.04553 | +0.077% | $14K | $9K | 3x | |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04549 | −0.003% | $4.0M | $13.7M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04549 | −0.013% | $3.5M | $5.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04542 | −0.167% | $920K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04553 | +0.067% | $134K | −$0 | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.0100% | 4h | 0.04550 | +0.009% | $205K | $329K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04549 | −0.013% | $765K | $407K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04553 | +0.075% | $227K | $121K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04548 | −0.035% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04547 | −0.057% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04549 | −0.021% | $320K | $227K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04553 | +0.070% | $25K | $2.0M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04545 | −0.101% | $23K | $227K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04547 | −0.057% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04546 | −0.084% | $127K | $797K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0137% | 4h | 0.04552 | +0.053% | $203K | $94K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04546 | −0.087% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0175% | 1h | 0.04550 | +0.009% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC]long | L +0.0237% / S −0.5353% | 1h | 0.04550 | long leg | $3K | — | 45x | |
| Hyperliquid MEGA | +0.0379% | 1h | 0.04561 | +0.255% | $7.9M | $2.6M | 3x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0465% | 1h | 0.04556 | +0.141% | $18K | $54K | 5x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0651% | 1h | 0.04552 | +0.059% | $110 | $15 | 25x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.1376% | 1h | 0.04589 | +0.877% | $5K | $12K | 50x | as long as short |
GMX MEGA/USD [ETH-USDC]
Pacifica MEGA
gTrade (Gains Network) MEGA/USD
Lighter MEGA
Aster MEGAUSDT
Binance MEGAUSDT
Bybit 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
BloFin MEGA-USDT
Phoenix MEGA
Hyperliquid MEGA
Backpack MEGA_USDC_PERP
Deribit MEGA_USDC-PERPETUAL
Coinbase International MEGA-PERP-INTX