Funding spread now, next payment 16:00 UTC−0.1124%/8h
paid, last 24h−0.238%paid, last 5 days+0.142%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 5 days it paid 0.142% in total (about 11.1% 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 | Coinbase International MEGA-PERP-INTX | 0.04581 | 0.1224 | pay 0.0153% / 1h | 34m 07s | $7K | $6K | 50x |
| Short | Bitget MEGAUSDT | 0.04499 | 0.0100 | get 0.0050% / 4h | 3h 34m | $1.1M | $1.3M | 50x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$236.04
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$258.04
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Bitget: live order book, 7 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −1.786%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 7 min ago | 5.50 bp | 22.9 bp −$23 | 183.4 bp −$1,834 | doesn't fit | doesn't fit |
Coinbase International: 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 | |
|---|---|---|---|---|---|---|
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | $196 | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0055% | 1h | $194K | $140K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | $33K | $57K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | $15K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | $4.2M | $11.3M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | $3.3M | $4.4M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | $914K | $2.8M | 20x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | $200K | $234K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | $734K | $336K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | $237K | $106K | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Bitget MEGAUSDTshort | +0.0100% | 4h | $1.1M | $1.3M | 50x | |
| BingX MEGA-USDT | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | $19K | $38K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | $239K | $101K | — | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | $28K | $222K | 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 | $2K | $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 |
| BloFin MEGA-USDT | +0.0130% | 4h | $211K | $75K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0177% | 1h | $20K | $6K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | $3K | — | 45x | as long as short |
| Lighter MEGA | +0.0904% | 1h | $599K | $224K | 3x | as long as short |
| Hyperliquid MEGA | +0.0911% | 1h | $7.6M | $2.4M | 3x | as long as short |
| Coinbase International MEGA-PERP-INTXlong | +0.1224% | 1h | $7K | $6K | 50x | |
| Deribit MEGA_USDC-PERPETUAL | +0.2127% | 1h | $109 | $15 | 25x | as long as short |
Coinbase International MEGA-PERP-INTX
Bitget MEGAUSDT
gTrade (Gains Network) MEGA/USD
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Bulk MEGA-USD
Extended MEGA-USD
BloFin MEGA-USDT
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Lighter MEGA
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL