Funding you earn now, next payment 09:00 UTC+0.0098%/8h= +10.8% APRpaid last 24h +0.016%
Price spread now: Reya against BloFin+0.937%46s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Reya is 0.937% dearer against BloFin than usual: you sell high and buy low: +$94 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 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 | BloFin MEGA-USDT | 0.04568 | 0.0061 | pay 0.0030% / 4h | 3h 21m | $203K | $95K | 50x |
| Short | Reya MEGARUSDPERP | 0.04611 | 0.0159 | get 0.0020% / 1h | 21m 54s | $3 | — | 3x |
BloFin MEGA-USDT
Reya MEGARUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against BloFin. 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
- $20.64
- Price spread: +0.937% → 0.000%
- $93.7
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $96.34
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 44 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 BloFin live order book, 44 min ago | 3.27 bp | 23.9 bp −$24 | 71.8 bp −$718 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MEGAUSDT | −0.0241% | 4h | 0.04607 | +0.854% | $3.5M | $5.8M | 20x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04577 | +0.197% | $21K | $7K | 5x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04613 | +0.987% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0050% | 1h | 0.04609 | +0.887% | $199K | $140K | 2x | as long as short |
| BloFin MEGA-USDTlong | +0.0061% | 4h | 0.04568 | long leg | $203K | $95K | 50x | |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04595 | +0.597% | $20K | $96K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04606 | +0.823% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04607 | +0.843% | $4.1M | $13.8M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04604 | +0.788% | $925K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04570 | +0.044% | $135K | −$0 | 10x | as long as short |
Bybit MEGAUSDT
Phoenix MEGA
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Aster MEGAUSDT
Pacifica MEGA
Binance 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 | 0.04608 | +0.876% | $207K | $332K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04606 | +0.832% | $761K | $404K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04604 | +0.788% | $245K | $124K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04606 | +0.832% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04605 | +0.810% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04617 | +1.073% | $17K | $55K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04567 | −0.030% | $321K | $224K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04576 | +0.174% | $28K | $2.0M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04576 | +0.175% | $24K | $226K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04612 | +0.963% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04603 | +0.766% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04605 | +0.806% | $129K | $802K | 5x | as long as short |
| Reya MEGARUSDPERPshort | +0.0159% | 1h | 0.04611 | +0.937% | $3 | — | 3x | |
| GMX MEGA/USD [ETH-USDC] | L +0.0238% / S −0.5353% | 1h | 0.04601 | +0.727% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.0305% | 1h | 0.04618 | +1.101% | $8.0M | $2.6M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0703% | 1h | 0.04619 | +1.119% | $112 | $15 | 25x | as long as short |
| Lighter MEGA | +0.0904% | 1h | 0.04632 | +1.401% | $619K | $387K | 3x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.1296% | 1h | 0.04589 | +0.471% | $5K | $12K | 50x | 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
SunX MEGA-USDT
Extended MEGA-USD
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL
Lighter MEGA
Coinbase International MEGA-PERP-INTX