Funding you earn now, next payment 00:00 UTC+0.0059%/8h= +6.4% APRpaid last 24h +0.018%
Price spread now: Reya against OKX+0.085%47s7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Reya is 0.085% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 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 | OKX MEGA-USDT-SWAP | 0.04506 | 0.0100 | pay 0.0050% / 4h | 56m 46s | $917K | $2.9M | 20x |
| Short | Reya MEGARUSDPERP | 0.04510 | 0.0159 | get 0.0020% / 1h | 56m 46s | $3 | — | 3x |
OKX MEGA-USDT-SWAP
Reya MEGARUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against OKX. 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
- $12.33
- Price spread: +0.085% → 0.000%
- $8.55
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $4.88
- Costs to cover
- 0.160%
- Break-even
- 4.2 days
Slippage unknown: OKX: 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 OKX live order book, 5 min ago | 2.22 bp | 30.4 bp −$30 | 162.4 bp −$1,624 | 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 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 −0.0018% / S +0.0023% | 1h | 0.04509 | +0.072% | $12K | — | 150x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0099% | 4h | 0.04509 | +0.067% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04512 | +0.128% | $18K | $82K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04510 | +0.091% | $14K | $8K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04509 | +0.074% | $3.9M | $12.9M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04504 | −0.044% | $3.5M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAPlong | +0.0100% | 4h | 0.04506 | long leg | $917K | $2.9M | 20x | |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04500 | −0.133% | $133K | $5K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04509 | +0.067% | $193K | $309K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04511 | +0.111% | $775K | $348K | 50x | as long as short |
gTrade (Gains Network) MEGA/USD
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
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 | 0.04515 | +0.200% | $238K | $113K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04514 | +0.178% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04509 | +0.067% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04498 | −0.169% | $226K | $133K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04505 | −0.017% | $27K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04510 | +0.089% | $25K | $230K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04511 | +0.111% | $1K | $1.9M | 10x | as long as short |
| BloFin MEGA-USDT | +0.0100% | 4h | 0.04512 | +0.133% | $195K | $77K | 50x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04510 | +0.081% | $128K | $613K | 5x | as long as short |
| Nado MEGA-PERP | +0.0156% | 1h | 0.04512 | +0.144% | $195K | $136K | 2x | as long as short |
| Reya MEGARUSDPERPshort | +0.0159% | 1h | 0.04510 | +0.085% | $3 | — | 3x | |
| Phoenix MEGA | +0.0179% | 1h | 0.04510 | +0.089% | $21K | $6K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04510 | +0.078% | $3K | — | 45x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.0296% | 1h | 0.04490 | −0.346% | $5K | $12K | 50x | as long as short |
| Hyperliquid MEGA | +0.0886% | 1h | 0.04521 | +0.324% | $7.7M | $2.4M | 3x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0933% | 1h | 0.04514 | +0.178% | $18K | $41K | 5x | as long as short |
| Lighter MEGA | +0.1472% | 1h | 0.04530 | +0.533% | $637K | $319K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.2278% | 1h | 0.04522 | +0.346% | $109 | $15 | 25x | as long as short |
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
BloFin MEGA-USDT
Extended MEGA-USD
Nado MEGA-PERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Coinbase International MEGA-PERP-INTX
Hyperliquid MEGA
Backpack MEGA_USDC_PERP
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL