Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.248%
Price spread now: Lighter against Variational Omni+0.460%7-day average +0.317% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.344%+$34 on $10k
+Price spread, last 4 days (all we have)−0.640%−$64 · spread now +0.460%, 7d avg +0.317%
=Together, before fees−0.296%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board−$30 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.143% dearer against Variational Omni than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.317%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MEGA | 0.04534 | 0.0100 | pay 0.0050% / 4h | 1h 09m | $319K | $227K | — |
| Short | Lighter MEGA | 0.04555 | 0.0096 | get 0.0012% / 1h | 9m 00s | $608K | $382K | 3x |
Variational Omni MEGA
Lighter MEGAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Variational Omni. 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: +0.460% → +0.317%
- $14.3
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $13.46
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 35 min ago; 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 Variational Omni RFQ quote, 35 min ago | 5.56 bp | doesn't fit | 179.1 bp −$1,791 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 26 min ago | 27.68 bp | 40.0 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
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 | +0.078% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0056% | 1h | 0.04539 | +0.107% | $195K | $141K | 2x | as long as short |
| Lighter MEGAshort | +0.0096% | 1h | 0.04555 | +0.460% | $608K | $382K | 3x | |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04535 | +0.013% | $20K | $96K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04538 | +0.089% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04534 | +0.004% | $4.0M | $13.7M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04530 | −0.092% | $3.5M | $5.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04529 | −0.114% | $917K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04520 | −0.312% | $133K | $111 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04538 | +0.085% | $205K | $327K | 20x | as long as short |
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Aster MEGAUSDT
Pacifica MEGA
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 | +0.107% | $772K | $410K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04539 | +0.107% | $227K | $120K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04531 | −0.070% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04535 | +0.018% | — | $1.7M | — | as long as short |
| Variational Omni MEGAlong | +0.0100% | 4h | 0.04534 | long leg | $319K | $227K | — | |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04540 | +0.130% | $25K | $1.9M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04538 | +0.085% | $23K | $228K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04539 | +0.107% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04536 | +0.041% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04538 | +0.078% | $128K | $410K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0127% | 4h | 0.04534 | −0.004% | $200K | $94K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04538 | +0.090% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0176% | 1h | 0.04520 | −0.312% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04537 | +0.054% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.0298% | 1h | 0.04543 | +0.199% | $7.8M | $2.6M | 3x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0446% | 1h | 0.04540 | +0.129% | $18K | $55K | 5x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.0872% | 1h | 0.04589 | +1.220% | $5K | $12K | 50x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0918% | 1h | 0.04545 | +0.232% | $110 | $15 | 25x | as long as short |
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
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