MEGA

Alert

Funding spread now, next payment 16:00 UTC+0.5411%/8h

paid, last 24h+0.606%paid, last 3 days+0.476%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid 0.476% in total (about 61.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MEGAUSDT	0.04516	−0.0059	get 0.0029% / 4h	7m 48s	$3.3M	$4.2M	20x
Short	GMX MEGA/USD [ETH-USDC]	0.04524	L +0.0236% / S −0.5353%	get 0.0669% / 1h	7m 48s	$3K	—	45x

Funding history

latest

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee GMXbpOrdersRate

Funding earned: $1,136.39
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee GMX: 6 bp × 2 orders: −$12
Net: $1,113.39
Break-even: 0.1 days

Slippage unknown: Bybit: live order book, 1 min ago; GMX: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.173%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Bybit live order book, 1 min ago	2.21 bp	39.2 bp −$39	274.8 bp −$2,748	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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 27 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bybit MEGAUSDTlong	−0.0059%	4h	$3.3M	$4.2M	20x
gTrade (Gains Network) MEGA/USD	L −0.0022% / S +0.0023%	1h	$15K	—	150x	as long as short
BloFin MEGA-USDT	+0.0080%	4h	$222K	$73K	50x	as long as short
Aster MEGAUSDT	+0.0100%	4h	$35K	$53K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	$15K	$10K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	$4.3M	$10.6M	50x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	$935K	$2.6M	20x	as long as short
Gate MEGA_USDT	+0.0100%	4h	$205K	$229K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	$775K	$325K	50x	as long as short
KuCoin MEGAUSDTM	+0.0100%	4h	$222K	$95K	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bitget MEGAUSDT	+0.0100%	4h	$1.1M	$1.2M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	—	$1.7M	—	as long as short
Backpack MEGA_USDC_PERP	+0.0100%	1h	$20K	$35K	5x	as long as short
Variational Omni MEGA	+0.0100%	4h	$219K	$80K	—	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	$26K	$219K	50x	as long as short
Orderly PERP_MEGA_USDC	+0.0100%	4h	$3K	$994	10x	as long as short
SunX MEGA-USDT	+0.0100%	4h	$1K	$1.8M	10x	as long as short
Bulk MEGA-USD	+0.0100%	1h	$133K	$569	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	$136K	$605K	5x	as long as short
Nado MEGA-PERP	+0.0120%	1h	$196K	$128K	2x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	$3	—	3x	as long as short
Phoenix MEGA	+0.0174%	1h	$20K	$5K	5x	as long as short
GMX MEGA/USD [ETH-USDC]short	L +0.0236% / S −0.5353%	1h	$3K	—	45x
Deribit MEGA_USDC-PERPETUAL	+0.0657%	1h	$110	$15	25x	as long as short
Coinbase International MEGA-PERP-INTX	+0.1256%	1h	$7K	$6K	50x	as long as short
Hyperliquid MEGA	+0.1638%	1h	$7.6M	$2.3M	3x	as long as short
Lighter MEGA	+0.1776%	1h	$590K	$206K	3x	as long as short