Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Orderly+0.011%7-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
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_MEGA_USDC | 0.04457 | 0.0098 | pay 0.0049% / 4h | 1h 39m | $3K | $2K | 10x |
| Short | Variational Omni MEGA | 0.04457 | 0.0100 | get 0.0050% / 4h | 1h 39m | $224K | $135K | — |
Orderly PERP_MEGA_USDC
Variational Omni MEGAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Orderly. 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
- $0.34
- Price spread: +0.011% → 0.000%
- $1.09
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$4.56
- Costs to cover
- 0.060%
- Break-even
- 99.7 days
Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 45 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 45 min ago | 8.94 bp | doesn't fit | 160.9 bp −$1,609 | doesn't fit | doesn't fit |
Orderly: 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 | −0.0144% | 1h | 0.04490 | +0.749% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04457 | +0.005% | $12K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0048% | 1h | 0.04459 | +0.056% | $193K | $152K | 2x | as long as short |
| Orderly PERP_MEGA_USDClong | +0.0098% | 4h | 0.04457 | long leg | $3K | $2K | 10x | |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04461 | +0.081% | $18K | $82K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04460 | +0.076% | $14K | $8K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04465 | +0.184% | $3.9M | $12.8M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04457 | 0.000% | $3.5M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04458 | +0.022% | $912K | $2.9M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04455 | −0.045% | $131K | $5K | 10x | 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-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.0100% | 4h | 0.04457 | 0.000% | $190K | $310K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04460 | +0.067% | $762K | $346K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04461 | +0.090% | $235K | $113K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04459 | +0.045% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04459 | +0.045% | — | $1.7M | — | as long as short |
| Variational Omni MEGAshort | +0.0100% | 4h | 0.04457 | +0.011% | $224K | $135K | — | |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04458 | +0.013% | $22K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04454 | −0.067% | $24K | $230K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04461 | +0.090% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04457 | −0.006% | $126K | $613K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0141% | 4h | 0.04461 | +0.090% | $196K | $76K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04460 | +0.068% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0179% | 1h | 0.04461 | +0.090% | $20K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04457 | −0.009% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0396% | 1h | 0.04461 | +0.090% | $18K | $41K | 5x | as long as short |
| Hyperliquid MEGA | +0.1452% | 1h | 0.04472 | +0.330% | $7.6M | $2.3M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1680% | 1h | 0.04466 | +0.191% | $108 | $15 | 25x | as long as short |
| Lighter MEGA | +0.1816% | 1h | 0.04484 | +0.606% | $622K | $314K | 3x | as long as short |
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Extended MEGA-USD
BloFin MEGA-USDT
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL
Lighter MEGA