Funding you earn now, next payment 21:00 UTC+0.1618%/8h= +177.1% APRnext payment +$2.02 per $10,000 · paid last 24h +0.028%
Price spread now: Deribit against Coinbase International+0.252%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 +$49 a day on $10k at the current rate, and Deribit is 0.252% dearer against Coinbase International than usual: you sell high and buy low: +$25 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 | Coinbase International MEGA-PERP-INTX | 0.04490 | −0.0288 | get 0.0036% / 1h | 21m 10s | $5K | $12K | 50x |
| Short | Deribit MEGA_USDC-PERPETUAL | 0.04502 | 0.1330 | get 0.0166% / 1h | 21m 10s | $109 | $15 | 25x |
Coinbase International MEGA-PERP-INTX
Deribit MEGA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Coinbase International. 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
- $339.71
- Price spread: +0.252% → 0.000%
- $25.16
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $347.88
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Coinbase International and 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-INTXlong | −0.0288% | 1h | 0.04490 | long leg | $5K | $12K | 50x | |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04494 | +0.091% | $12K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04499 | +0.192% | $21K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0051% | 1h | 0.04499 | +0.203% | $194K | $151K | 2x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0098% | 4h | 0.04495 | +0.102% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04495 | +0.110% | $20K | $80K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04500 | +0.214% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04495 | +0.093% | $4.0M | $12.7M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04494 | +0.080% | $3.5M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04493 | +0.058% | $920K | $2.9M | 20x | as long as short |
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Nado MEGA-PERP
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | +0.0100% | 1h | 0.04500 | +0.203% | $133K | $5K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04494 | +0.080% | $191K | $311K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04494 | +0.080% | $775K | $355K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04494 | +0.080% | $237K | $112K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04494 | +0.080% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04494 | +0.080% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04469 | −0.469% | $237K | $109K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04490 | −0.008% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04486 | −0.098% | $25K | $229K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04496 | +0.125% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04494 | +0.079% | $127K | $613K | 5x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0119% | 1h | 0.04499 | +0.192% | $18K | $41K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0127% | 4h | 0.04485 | −0.120% | $196K | $76K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04495 | +0.109% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04495 | +0.094% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.1275% | 1h | 0.04507 | +0.370% | $7.6M | $2.4M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUALshort | +0.1330% | 1h | 0.04502 | +0.252% | $109 | $15 | 25x | |
| Lighter MEGA | +0.2784% | 1h | 0.04516 | +0.570% | $624K | $327K | 3x | as long as short |
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Extended MEGA-USD
Backpack MEGA_USDC_PERP
BloFin MEGA-USDT
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Lighter MEGA