Funding you earn now, next payment 01:00 UTC+0.2116%/8h= +231.7% APRpaid last 24h +0.303%
Price spread now: Deribit against Binance+0.156%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$63 a day on $10k at the current rate, and Deribit is 0.156% dearer against Binance than usual: you sell high and buy low: +$16 more if the spread 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 | Binance MEGAUSDT | 0.04627 | 0.0100 | pay 0.0050% / 4h | 3h 09m | $4.1M | $13.3M | 50x |
| Short | Deribit MEGA_USDC-PERPETUAL | 0.04634 | 0.2216 | get 0.0277% / 1h | 9m 31s | $112 | $15 | 25x |
Binance MEGAUSDT
Deribit MEGA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Binance. 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
- $444.37
- Price spread: +0.156% → 0.000%
- $15.56
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $442.93
- Costs to cover
- 0.170%
- Break-even
- 0.0 days
Slippage unknown: Binance: live order book, 16 min ago; Deribit: 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 Binance live order book, 16 min ago | 2.19 bp | 15.0 bp −$15 | 101.6 bp −$1,016 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | 0.04490 | −2.952% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04622 | −0.108% | $13K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04597 | −0.648% | $21K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0037% | 1h | 0.04620 | −0.151% | $200K | $136K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04624 | −0.068% | $20K | $87K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04628 | +0.017% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDTlong | +0.0100% | 4h | 0.04627 | long leg | $4.1M | $13.3M | 50x | |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04623 | −0.086% | $3.6M | $5.3M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04623 | −0.086% | $946K | $3.1M | 20x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04622 | −0.108% | $202K | $315K | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Nado MEGA-PERP
Aster MEGAUSDT
Pacifica MEGA
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
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 | 0.04626 | −0.022% | $862K | $362K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04625 | −0.043% | $243K | $116K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04625 | −0.043% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04626 | −0.022% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04606 | −0.459% | $325K | $227K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04601 | −0.561% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04608 | −0.411% | $25K | $231K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04622 | −0.108% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04623 | −0.086% | $2K | $1.9M | 10x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04565 | −1.340% | $135K | $4K | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04625 | −0.034% | $130K | $822K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0136% | 4h | 0.04614 | −0.281% | $199K | $78K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04620 | −0.145% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04622 | −0.106% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0360% | 1h | 0.04627 | 0.000% | $19K | $41K | 5x | as long as short |
| Lighter MEGA | +0.0960% | 1h | 0.04647 | +0.432% | $653K | $325K | 3x | as long as short |
| Hyperliquid MEGA | +0.1170% | 1h | 0.04637 | +0.214% | $7.9M | $2.4M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUALshort | +0.2216% | 1h | 0.04634 | +0.156% | $112 | $15 | 25x |
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
Bulk MEGA-USD
Extended MEGA-USD
BloFin MEGA-USDT
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Lighter MEGA
Hyperliquid MEGA