Funding you earn now, next payment 06:00 UTC−0.0182%/8h= −19.9% APRnext payment −$0.23 per $10,000 · paid last 24h −0.054%
Price spread now: gTrade (Gains Network) against Reya+0.035%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
=The price spread pays, funding is against you. gTrade (Gains Network) is 0.035% dearer against Reya than usual: you sell high and buy low (spread +0.035% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 15 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya MEGARUSDPERP | 0.04503 | 0.0159 | pay 0.0020% / 1h | 22m 13s | $3 | — | 3x |
| Short | gTrade (Gains Network) MEGA/USD | 0.04505 | L +0.0001% / S +0.0023% | pay 0.0003% / 1h | 22m 13s | $1K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Reya. 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
- −$38.13
- Price spread: +0.035% → 0.000%
- $3.5
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Net
- −$52.63
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Reya and 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 | −0.0048% | 1h | 0.04589 | +1.914% | $5K | $12K | 50x | as long as short |
| Bybit MEGAUSDT | −0.0043% | 4h | 0.04507 | +0.082% | $3.4M | $5.9M | 20x | as long as short |
| gTrade (Gains Network) MEGA/USDshort | L +0.0001% / S +0.0023% | 1h | 0.04505 | +0.035% | $1K | — | 150x | |
| Nado MEGA-PERP | +0.0057% | 1h | 0.04500 | −0.073% | $194K | $141K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0099% | 4h | 0.04491 | −0.273% | $198K | $93K | 50x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04508 | +0.098% | $18K | $91K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04498 | −0.118% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04509 | +0.125% | $4.0M | $13.7M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04511 | +0.171% | $914K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04490 | −0.295% | $133K | $111 | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.0100% | 4h | 0.04503 | −0.007% | $202K | $331K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04510 | +0.149% | $814K | $398K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04505 | +0.038% | $228K | $120K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04508 | +0.104% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04503 | −0.007% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04492 | −0.251% | $18K | $56K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04482 | −0.467% | $316K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04492 | −0.251% | $28K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04484 | −0.428% | $23K | $228K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04506 | +0.060% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04505 | +0.038% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04508 | +0.099% | $126K | $431K | 5x | as long as short |
| Reya MEGARUSDPERPlong | +0.0159% | 1h | 0.04503 | long leg | $3 | — | 3x | |
| Phoenix MEGA | +0.0177% | 1h | 0.04492 | −0.251% | $20K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04504 | +0.025% | $3K | — | 45x | as long as short |
| Lighter MEGA | +0.0344% | 1h | 0.04528 | +0.549% | $617K | $366K | 3x | as long as short |
| Hyperliquid MEGA | +0.0419% | 1h | 0.04510 | +0.147% | $7.8M | $2.6M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1103% | 1h | 0.04513 | +0.218% | $109 | $15 | 25x | as long as short |
gTrade (Gains Network) MEGA/USD
Coinbase International MEGA-PERP-INTX
Bybit MEGAUSDT
BloFin MEGA-USDT
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
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
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Lighter MEGA
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL