Funding you earn now, next payment 03:00 UTC−0.0844%/8h= −92.4% APRpaid last 24h +0.182%
Price spread now: Coinbase International against GRVT−1.613%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Coinbase International is 1.613% cheaper against GRVT than usual: you would sell low and buy high (−$161 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 | GRVT MEGA_USDT_Perp | 0.04564 | 0.0100 | pay 0.0050% / 4h | 55m 00s | $24K | $1.8M | 10x |
| Short | Coinbase International MEGA-PERP-INTX | 0.04490 | −0.0744 | pay 0.0093% / 1h | 55m 00s | $5K | $12K | 50x |
GRVT MEGA_USDT_Perp
Coinbase International MEGA-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against GRVT. 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
- −$177.24
- Price spread: −1.613% → 0.000%
- −$161.26
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$357.5
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 3 min ago; 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 GRVT live order book, 3 min ago | 3.30 bp | 7345.5 bp −$7,346 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
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 | −0.0744% | 1h | 0.04490 | −1.613% | $5K | $12K | 50x | |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04596 | +0.702% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0001% | 1h | 0.04593 | +0.624% | $199K | $142K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04595 | +0.689% | $18K | $89K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04592 | +0.620% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04598 | +0.750% | $4.1M | $13.6M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04598 | +0.745% | $3.6M | $5.6M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04598 | +0.745% | $942K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04560 | −0.088% | $135K | $4K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04594 | +0.657% | $199K | $319K | 20x | as long as short |
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
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 | 0.04596 | +0.701% | $839K | $366K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04596 | +0.701% | $231K | $117K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04596 | +0.701% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04598 | +0.745% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04587 | +0.498% | $323K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perplong | +0.0100% | 4h | 0.04564 | long leg | $24K | $1.8M | 10x | |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04563 | −0.022% | $24K | $231K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04595 | +0.679% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04590 | +0.570% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04596 | +0.712% | $128K | $823K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0155% | 4h | 0.04584 | +0.438% | $204K | $95K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04590 | +0.575% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0175% | 1h | 0.04550 | −0.307% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04595 | +0.688% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.0260% | 1h | 0.04605 | +0.898% | $8.0M | $2.6M | 3x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0323% | 1h | 0.04602 | +0.833% | $18K | $47K | 5x | as long as short |
| Lighter MEGA | +0.0632% | 1h | 0.04618 | +1.183% | $653K | $335K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.2034% | 1h | 0.04607 | +0.938% | $111 | $15 | 25x | as long as short |
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
BloFin MEGA-USDT
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Backpack MEGA_USDC_PERP
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL