Funding you earn now, next payment 07:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.248%
Price spread now: Lighter against GRVT+0.358%7-day average +0.223% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.338%+$34 on $10k
+Price spread, last 4 days (all we have)−0.503%−$50 · spread now +0.358%, 7d avg +0.223%
=Together, before fees−0.165%+ Points / potential airdropGRVT: Active · Lighter: Season 3 · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.135% dearer against GRVT than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.223%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT MEGA_USDT_Perp | 0.04515 | 0.0100 | pay 0.0050% / 4h | 1h 50m | $23K | $1.9M | 10x |
| Short | Lighter MEGA | 0.04531 | 0.0120 | get 0.0015% / 1h | 50m 50s | $607K | $377K | 3x |
GRVT MEGA_USDT_Perp
Lighter MEGAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $4.2
- Price spread: +0.358% → +0.223%
- $13.45
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $8.65
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: GRVT: live order book, 2 min ago; Lighter: live order book, 50 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 GRVT live order book, 2 min ago | 3.32 bp | 45.1 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 50 min ago | 23.33 bp | 25.7 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.04511 | −0.076% | $1K | — | 150x | as long as short |
| Bybit MEGAUSDT | +0.0041% | 4h | 0.04514 | −0.019% | $3.4M | $5.9M | 20x | as long as short |
| Nado MEGA-PERP | +0.0067% | 1h | 0.04514 | −0.030% | $195K | $142K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04517 | +0.051% | $20K | $96K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04510 | −0.112% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04518 | +0.070% | $4.0M | $13.8M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04512 | −0.063% | $914K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04510 | −0.107% | $133K | $111 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04516 | +0.026% | $204K | $326K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04516 | +0.026% | $779K | $403K | 50x | as long as short |
gTrade (Gains Network) MEGA/USD
Bybit MEGAUSDT
Nado MEGA-PERP
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04514 | −0.019% | $226K | $120K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04517 | +0.048% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04515 | +0.003% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04510 | −0.102% | $317K | $227K | — | as long as short |
| GRVT MEGA_USDT_Perplong | +0.0100% | 4h | 0.04515 | long leg | $23K | $1.9M | 10x | |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04515 | +0.003% | $23K | $228K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04512 | −0.063% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04513 | −0.041% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04516 | +0.021% | $126K | $410K | 5x | as long as short |
| Lighter MEGAshort | +0.0120% | 1h | 0.04531 | +0.358% | $607K | $377K | 3x | |
| BloFin MEGA-USDT | +0.0143% | 4h | 0.04511 | −0.085% | $199K | $93K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04512 | −0.056% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0176% | 1h | 0.04516 | +0.026% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04512 | −0.063% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0377% | 1h | 0.04519 | +0.092% | $18K | $56K | 5x | as long as short |
| Hyperliquid MEGA | +0.0401% | 1h | 0.04526 | +0.240% | $7.8M | $2.6M | 3x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.0872% | 1h | 0.04589 | +1.654% | $5K | $12K | 50x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1346% | 1h | 0.04520 | +0.112% | $109 | $15 | 25x | as long as short |
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]
Backpack MEGA_USDC_PERP
Hyperliquid MEGA
Coinbase International MEGA-PERP-INTX
Deribit MEGA_USDC-PERPETUAL