Funding you earn now, next payment 02:00 UTC+0.0059%/8h= +6.4% APRpaid last 24h +0.038%
Price spread now: Reya against GRVT−0.311%64s7-day average — · you buy dearer than you sell
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 airdropGRVT: Active · Reya: Active · farm boardneeds both histories
Funding pays, the price is against you. Reya is 0.311% cheaper against GRVT than usual: you would sell low and buy high (spread −0.311% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$31 on $10k: about 18 days of funding at the current rate (+$2 a day). The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT MEGA_USDT_Perp | 0.04586 | 0.0100 | pay 0.0050% / 4h | 2h 08m | $18K | $1.7M | 10x |
| Short | Reya MEGARUSDPERP | 0.04572 | 0.0159 | get 0.0020% / 1h | 8m 14s | $3 | — | 3x |
GRVT MEGA_USDT_Perp
Reya MEGARUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $12.35
- Price spread: −0.311% → 0.000%
- −$31.13
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$33.79
- Costs to cover
- 0.150%
- Break-even
- 26.2 days
Slippage unknown: GRVT: live order book, 5 min ago; Reya: 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, 5 min ago | 4.37 bp | 1745.8 bp −$1,746 | doesn't fit | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 27 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-INTX | −0.0432% | 1h | 0.04490 | −2.085% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04577 | −0.199% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0062% | 1h | 0.04571 | −0.316% | $197K | $140K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04572 | −0.310% | $18K | $90K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04568 | −0.384% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04575 | −0.251% | $4.1M | $13.6M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04573 | −0.284% | $3.6M | $5.5M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04574 | −0.262% | $941K | $3.1M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04579 | −0.147% | $135K | $4K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04573 | −0.284% | $203K | $320K | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
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 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04575 | −0.240% | $818K | $367K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04577 | −0.196% | $239K | $112K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04575 | −0.240% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04576 | −0.218% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04572 | −0.312% | $322K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perplong | +0.0100% | 4h | 0.04586 | long leg | $18K | $1.7M | 10x | |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04582 | −0.087% | $24K | $229K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04576 | −0.218% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04579 | −0.153% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04575 | −0.242% | $131K | $829K | 5x | as long as short |
| Reya MEGARUSDPERPshort | +0.0159% | 1h | 0.04572 | −0.311% | $3 | — | 3x | |
| Phoenix MEGA | +0.0173% | 1h | 0.04588 | +0.044% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04575 | −0.233% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0679% | 1h | 0.04580 | −0.131% | $18K | $46K | 5x | as long as short |
| Lighter MEGA | +0.1272% | 1h | 0.04597 | +0.240% | $649K | $330K | 3x | as long as short |
| Hyperliquid MEGA | +0.1797% | 1h | 0.04584 | −0.039% | $7.9M | $2.5M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.2110% | 1h | 0.04588 | +0.044% | $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
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Lighter MEGA
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL