MEGA

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.5194%/8h= +568.8% APRnext payment +$6.49 per $10,000 · paid last 24h +1.000%

Price spread now: GMX against Reya−0.100%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Reya Short on GMX

What this pair did over the last

the charts below follow

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 airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. GMX is 0.100% cheaper against Reya than usual: you would sell low and buy high (spread −0.100% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 2 hours of funding at the current rate (+$156 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya MEGARUSDPERP	0.04419	0.0159	pay 0.0020% / 1h	44m 31s	$3	—	3x
Short	GMX MEGA/USD [ETH-USDC]	0.04415	L +0.0235% / S −0.5353%	get 0.0669% / 1h	44m 31s	$3K	—	45x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Reya. 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

Position, each leg$Hold fordaysFee ReyabpFee GMXbpOrdersPrice spread, now −0.100%Rate

Funding earned: $1,090.77
Price spread: −0.100% → 0.000%: −$10.02
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee GMX: 6 bp × 2 orders: −$12
Net: $1,062.75
Costs to cover: 0.180%
Break-even: 0.2 days

Slippage unknown: Reya: no order-book sample; GMX: 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 GMX no order-book sample	—	—	—	—	—

Reya and GMX: 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	−0.0288%	1h	0.04400	−0.431%	$5K	$11K	50x	as long as short
gTrade (Gains Network) MEGA/USD	L −0.0018% / S +0.0023%	1h	0.04416	−0.075%	$12K	—	150x	as long as short
Phoenix MEGA	0.0000%	1h	0.04425	+0.128%	$20K	$7K	5x	as long as short
Nado MEGA-PERP	+0.0080%	1h	0.04416	−0.064%	$191K	$151K	2x	as long as short
Orderly PERP_MEGA_USDC	+0.0097%	4h	0.04419	−0.007%	$3K	$2K	10x	as long as short
Aster MEGAUSDT	+0.0100%	4h	0.04417	−0.044%	$19K	$80K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	0.04419	−0.014%	$14K	$10K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04417	−0.051%	$3.9M	$12.7M	50x	as long as short
Bybit MEGAUSDT	+0.0100%	4h	0.04416	−0.075%	$3.4M	$4.9M	20x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04414	−0.121%	$904K	$2.8M	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bulk MEGA-USD	+0.0100%	1h	0.04450	+0.694%	$131K	$5K	10x	as long as short
Gate MEGA_USDT	+0.0100%	4h	0.04416	−0.075%	$188K	$310K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	0.04416	−0.075%	$773K	$351K	50x	as long as short
KuCoin MEGAUSDTM	+0.0100%	4h	0.04419	−0.007%	$228K	$112K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	0.04419	−0.007%	$1.1M	$1.4M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04416	−0.075%	—	$1.7M	—	as long as short
Backpack MEGA_USDC_PERP	+0.0100%	1h	0.04422	+0.060%	$15K	$39K	5x	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04419	−0.018%	$235K	$109K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04425	+0.128%	$21K	$1.7M	10x	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	0.04421	+0.038%	$24K	$229K	50x	as long as short
SunX MEGA-USDT	+0.0100%	4h	0.04420	+0.015%	$1K	$1.9M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04416	−0.075%	$126K	$613K	5x	as long as short
BloFin MEGA-USDT	+0.0156%	4h	0.04428	+0.196%	$198K	$75K	50x	as long as short
Reya MEGARUSDPERPlong	+0.0159%	1h	0.04419	long leg	$3	—	3x
GMX MEGA/USD [ETH-USDC]short	L +0.0235% / S −0.5353%	1h	0.04415	−0.100%	$3K	—	45x
Deribit MEGA_USDC-PERPETUAL	+0.1266%	1h	0.04426	+0.149%	$107	$15	25x	as long as short
Hyperliquid MEGA	+0.1282%	1h	0.04429	+0.228%	$7.5M	$2.4M	3x	as long as short
Lighter MEGA	+0.1720%	1h	0.04437	+0.400%	$597K	$299K	3x	as long as short