Funding you earn now, next payment 22:00 UTC−0.1655%/8h= −181.2% APRnext payment −$2.07 per $10,000 · paid last 24h −0.178%
Price spread now: gTrade (Gains Network) against Lighter−0.432%7-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 airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$50 a day on $10k at the current rate, and gTrade (Gains Network) is 0.432% cheaper against Lighter than usual: you would sell low and buy high (−$43 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 | Lighter MEGA | 0.04443 | 0.1632 | pay 0.0204% / 1h | 47m 11s | $597K | $299K | 3x |
| Short | gTrade (Gains Network) MEGA/USD | 0.04424 | L −0.0018% / S +0.0023% | pay 0.0003% / 1h | 47m 11s | $12K | — | 150x |
Lighter MEGA
gTrade (Gains Network) MEGA/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Lighter. 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
- −$347.49
- Price spread: −0.432% → 0.000%
- −$43.17
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Net
- −$402.66
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 37 min ago; gTrade (Gains Network): 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, 37 min ago | 57.78 bp | 97.4 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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-INTX | −0.0288% | 1h | 0.04400 | −0.961% | $5K | $11K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USDshort | L −0.0018% / S +0.0023% | 1h | 0.04424 | −0.432% | $12K | — | 150x | |
| Phoenix MEGA | 0.0000% | 1h | 0.04430 | −0.293% | $20K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0076% | 1h | 0.04426 | −0.394% | $191K | $151K | 2x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0097% | 4h | 0.04424 | −0.428% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04425 | −0.401% | $19K | $80K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04427 | −0.367% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04423 | −0.450% | $3.9M | $12.7M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04420 | −0.518% | $3.4M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04422 | −0.473% | $906K | $2.8M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
Phoenix MEGA
Nado MEGA-PERP
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | +0.0100% | 1h | 0.04450 | +0.158% | $131K | $5K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04422 | −0.473% | $189K | $310K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04423 | −0.450% | $775K | $350K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04425 | −0.405% | $228K | $112K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04424 | −0.428% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04423 | −0.450% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04425 | −0.405% | $15K | $39K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04427 | −0.371% | $236K | $109K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04427 | −0.368% | $27K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04425 | −0.405% | $24K | $229K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04426 | −0.383% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04425 | −0.402% | $126K | $613K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0105% | 4h | 0.04428 | −0.338% | $198K | $75K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04426 | −0.391% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0235% / S −0.5353% | 1h | 0.04422 | −0.468% | $3K | — | 45x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1219% | 1h | 0.04431 | −0.275% | $107 | $15 | 25x | as long as short |
| Hyperliquid MEGA | +0.1376% | 1h | 0.04434 | −0.200% | $7.5M | $2.4M | 3x | as long as short |
| Lighter MEGAlong | +0.1632% | 1h | 0.04443 | long leg | $597K | $299K | 3x |
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Extended MEGA-USD
BloFin MEGA-USDT
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Deribit MEGA_USDC-PERPETUAL
Hyperliquid MEGA