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: Lighter against Pacifica+0.370%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.370% dearer against Pacifica than usual: you sell high and buy low, +$37 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica MEGA | 0.04538 | 0.0100 | pay 0.0013% / 1h | 9m 04s | $14K | $10K | 3x |
| Short | Lighter MEGA | 0.04555 | 0.0096 | get 0.0012% / 1h | 9m 04s | $608K | $382K | 3x |
Pacifica MEGA
Lighter MEGAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Pacifica. 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
- −$0.84
- Price spread: +0.370% → 0.000%
- $37.02
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $28.18
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Pacifica: no order-book sample; Lighter: live order book, 26 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 26 min ago | 27.68 bp | 40.0 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
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.| 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 | 0.04538 | −0.011% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0056% | 1h | 0.04539 | +0.018% | $195K | $141K | 2x | as long as short |
| Lighter MEGAshort | +0.0096% | 1h | 0.04555 | +0.370% | $608K | $382K | 3x | |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04535 | −0.076% | $20K | $96K | 5x | as long as short |
| Pacifica MEGAlong | +0.0100% | 1h | 0.04538 | long leg | $14K | $10K | 3x | |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04534 | −0.085% | $4.0M | $13.7M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04530 | −0.181% | $3.5M | $5.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04529 | −0.203% | $917K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04520 | −0.401% | $133K | $111 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04538 | −0.004% | $205K | $327K | 20x | as long as short |
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Aster MEGAUSDT
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04539 | +0.018% | $772K | $410K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04539 | +0.018% | $227K | $120K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04531 | −0.159% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04535 | −0.071% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04534 | −0.089% | $319K | $227K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04540 | +0.041% | $25K | $1.9M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04538 | −0.004% | $23K | $228K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04539 | +0.018% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04536 | −0.048% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04538 | −0.011% | $128K | $410K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0127% | 4h | 0.04534 | −0.093% | $200K | $94K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04538 | +0.001% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0176% | 1h | 0.04520 | −0.401% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04537 | −0.035% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.0298% | 1h | 0.04543 | +0.110% | $7.8M | $2.6M | 3x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0446% | 1h | 0.04540 | +0.040% | $18K | $55K | 5x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.0872% | 1h | 0.04589 | +1.130% | $5K | $12K | 50x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0918% | 1h | 0.04545 | +0.143% | $110 | $15 | 25x | as long as short |
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
BloFin MEGA-USDT
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Backpack MEGA_USDC_PERP
Coinbase International MEGA-PERP-INTX
Deribit MEGA_USDC-PERPETUAL