Funding you earn now, next payment 03:00 UTC+0.0059%/8h= +6.4% APRpaid last 24h +0.018%
Price spread now: Reya against SunX+0.138%50s7-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 0.138% dearer against SunX than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 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 | SunX MEGA-USDT | 0.04533 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $1K | $1.9M | 10x |
| Short | Reya MEGARUSDPERP | 0.04539 | 0.0159 | get 0.0020% / 1h | 43m 34s | $3 | — | 3x |
SunX MEGA-USDT
Reya MEGARUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against SunX. 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
- $12.35
- Price spread: +0.138% → 0.000%
- $13.78
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $12.12
- Costs to cover
- 0.140%
- Break-even
- 0.1 days
Slippage unknown: SunX: live order book, 2 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 SunX live order book, 2 min ago | 501.66 bp | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MEGA-PERP-INTX | −0.0800% | 1h | 0.04490 | −0.940% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04530 | −0.066% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0061% | 1h | 0.04536 | +0.066% | $196K | $141K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0076% | 4h | 0.04528 | −0.110% | $202K | $90K | 50x | as long as short |
| Hyperliquid MEGA | +0.0100% | 1h | 0.04544 | +0.238% | $7.9M | $2.6M | 3x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04535 | +0.054% | $18K | $90K | 5x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04538 | +0.110% | $4.0M | $13.5M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04536 | +0.066% | $3.5M | $5.5M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04538 | +0.110% | $933K | $3.1M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04530 | −0.064% | $134K | $4K | 10x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
BloFin MEGA-USDT
Hyperliquid MEGA
Aster MEGAUSDT
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 | 0.04534 | +0.022% | $200K | $317K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04541 | +0.176% | $804K | $364K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04534 | +0.022% | $226K | $117K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04542 | +0.199% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04538 | +0.110% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04535 | +0.044% | $18K | $46K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04530 | −0.062% | $320K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04531 | −0.046% | $30K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04538 | +0.110% | $24K | $230K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04530 | −0.066% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDTlong | +0.0100% | 4h | 0.04533 | long leg | $1K | $1.9M | 10x | |
| Extended MEGA-USD | +0.0104% | 1h | 0.04539 | +0.128% | $128K | $825K | 5x | as long as short |
| Reya MEGARUSDPERPshort | +0.0159% | 1h | 0.04539 | +0.138% | $3 | — | 3x | |
| Phoenix MEGA | +0.0175% | 1h | 0.04534 | +0.022% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04530 | −0.055% | $3K | — | 45x | as long as short |
| Pacifica MEGA | +0.0245% | 1h | 0.04541 | +0.172% | $14K | $9K | 3x | as long as short |
| Lighter MEGA | +0.0608% | 1h | 0.04559 | +0.574% | $645K | $330K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1560% | 1h | 0.04540 | +0.146% | $110 | $15 | 25x | as long as short |
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
Orderly PERP_MEGA_USDC
Extended MEGA-USD
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Pacifica MEGA
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL