MEGA

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0776%/8h= +85.0% APRnext payment +$0.97 per $10,000 · paid last 24h −0.113%

Price spread now: Coinbase International against Lighter−0.076%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Coinbase International is 0.076% cheaper against Lighter than usual: you would sell low and buy high (spread −0.076% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 8 hours of funding at the current rate (+$23 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter MEGA	0.04593	0.0096	pay 0.0012% / 1h	3m 54s	$613K	$382K	3x
Short	Coinbase International MEGA-PERP-INTX	0.04589	0.0872	get 0.0109% / 1h	3m 54s	$5K	$12K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Lighter. 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

Position, each leg$Hold fordaysFee LighterbpFee Coinbase InternationalbpOrdersPrice spread, now −0.076%Rate

Funding earned: $162.96
Price spread: −0.076% → 0.000%: −$7.62
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $145.34
Costs to cover: 0.100%
Break-even: 0.8 days

Slippage unknown: Lighter: live order book, 31 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 Lighter live order book, 31 min ago	27.68 bp	43.6 bp −$44	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
gTrade (Gains Network) MEGA/USD	L +0.0001% / S +0.0023%	1h	0.04566	−0.595%	$1K	—	150x	as long as short
Nado MEGA-PERP	+0.0054%	1h	0.04566	−0.588%	$196K	$141K	2x	as long as short
BloFin MEGA-USDT	+0.0072%	4h	0.04576	−0.370%	$201K	$95K	50x	as long as short
Lighter MEGAlong	+0.0096%	1h	0.04593	long leg	$613K	$382K	3x
Aster MEGAUSDT	+0.0100%	4h	0.04574	−0.414%	$20K	$96K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	0.04572	−0.451%	$14K	$10K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04573	−0.435%	$4.0M	$13.7M	50x	as long as short
Bybit MEGAUSDT	+0.0100%	4h	0.04573	−0.435%	$3.5M	$5.9M	20x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04571	−0.479%	$922K	$3.2M	20x	as long as short
Bulk MEGA-USD	+0.0100%	1h	0.04520	−1.589%	$133K	$111	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	0.04574	−0.414%	$207K	$327K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	0.04574	−0.414%	$779K	$411K	50x	as long as short
KuCoin MEGAUSDTM	+0.0100%	4h	0.04573	−0.435%	$228K	$120K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	0.04574	−0.414%	$1.1M	$1.5M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04572	−0.457%	—	$1.7M	—	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04564	−0.627%	$321K	$227K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04533	−1.309%	$23K	$1.9M	10x	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	0.04536	−1.241%	$23K	$228K	50x	as long as short
Orderly PERP_MEGA_USDC	+0.0100%	4h	0.04569	−0.523%	$3K	$2K	10x	as long as short
SunX MEGA-USDT	+0.0100%	4h	0.04565	−0.610%	$1K	$1.9M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04572	−0.453%	$129K	$409K	5x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	0.04564	−0.626%	$3	—	3x	as long as short
Phoenix MEGA	+0.0176%	1h	0.04539	−1.176%	$21K	$7K	5x	as long as short
GMX MEGA/USD [ETH-USDC]	L +0.0237% / S −0.5353%	1h	0.04566	−0.597%	$3K	—	45x	as long as short
Hyperliquid MEGA	+0.0286%	1h	0.04580	−0.281%	$7.9M	$2.6M	3x	as long as short
Backpack MEGA_USDC_PERP	+0.0464%	1h	0.04577	−0.348%	$18K	$55K	5x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.0691%	1h	0.04574	−0.420%	$111	$15	25x	as long as short
Coinbase International MEGA-PERP-INTXshort	+0.0872%	1h	0.04589	−0.076%	$5K	$12K	50x