Settings8H · net · $10k
Funding arb · Price arb /

MEGA

all MEGA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.246%
Price spread now: Pacifica against Lighter−0.369%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Pacifica: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.369% cheaper against Lighter than usual: you would sell low and buy high, −$37 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter MEGA0.045550.0096pay 0.0012% / 1h8m 50s$608K$382K3x
ShortPacifica MEGA0.045380.0100get 0.0013% / 1h8m 50s$14K$10K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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

Funding earned
$0.84
Price spread: −0.369% → 0.000%
−$36.88
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$44.04
Costs to cover
0.080%
Break-even
374.0 days
Slippage unknown: Lighter: live order book, 26 min ago; Pacifica: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 26 min ago27.68 bp43.6 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell Pacifica no order-book sample
Pacifica: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04538−0.380%$1K150xas long as short
Nado MEGA-PERP+0.0056%1h0.04539−0.351%$195K$141K2xas long as short
Lighter MEGAlong+0.0096%1h0.04555long leg$608K$382K3x
Aster MEGAUSDT+0.0100%4h0.04531−0.528%$20K$96K5xas long as short
Pacifica MEGAshort+0.0100%1h0.04538−0.369%$14K$10K3x
Binance MEGAUSDT+0.0100%4h0.04529−0.567%$4.0M$13.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04529−0.571%$3.5M$5.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04524−0.681%$915K$3.1M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04520−0.768%$133K$11110xas long as short
Gate MEGA_USDT+0.0100%4h0.04528−0.593%$205K$327K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MEGA_USDT+0.0100%4h0.04528−0.593%$770K$410K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04533−0.483%$226K$120K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04527−0.615%$1.0M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04526−0.637%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04534−0.457%$319K$227Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04540−0.328%$25K$1.9M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04538−0.373%$23K$228K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04539−0.351%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04536−0.417%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04530−0.555%$128K$410K5xas long as short
BloFin MEGA-USDT+0.0127%4h0.04534−0.461%$200K$94K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04538−0.368%$33xas long as short
Phoenix MEGA+0.0176%1h0.04520−0.768%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04537−0.404%$3K45xas long as short
Hyperliquid MEGA+0.0296%1h0.04537−0.406%$7.8M$2.6M3xas long as short
Backpack MEGA_USDC_PERP+0.0446%1h0.04540−0.329%$18K$55K5xas long as short
Coinbase International MEGA-PERP-INTX+0.0872%1h0.04589+0.757%$5K$12K50xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0918%1h0.04545−0.226%$110$1525xas long as short