Funding you earn now, next payment 09:00 UTC−0.0615%/8h= −67.3% APRnext payment −$0.77 per $10,000 · paid last 24h −0.182%
Price spread now: gTrade (Gains Network) against Coinbase International+2.081%7-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
=Together, before fees—needs both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 2.081% dearer against Coinbase International than usual: you sell high and buy low (spread +2.081% now, against zero (this spread has no 7-day history yet)): +$208 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International MEGA-PERP-INTX | 0.04589 | 0.0592 | pay 0.0074% / 1h | 18m 29s | $5K | $12K | 50x |
| Short | gTrade (Gains Network) MEGA/USD | 0.04685 | L +0.0001% / S +0.0023% | pay 0.0003% / 1h | 18m 29s | $1K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$129.09
- Price spread: +2.081% → 0.000%
- $208.08
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Net
- $57
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Coinbase International and gTrade (Gains Network): 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 exchanges
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 | −0.0263% | 4h | 0.04684 | +2.059% | $3.6M | $5.7M | 20x | as long as short |
| gTrade (Gains Network) MEGA/USDshort | L +0.0001% / S +0.0023% | 1h | 0.04685 | +2.081% | $1K | — | 150x | |
| Nado MEGA-PERP | +0.0067% | 1h | 0.04685 | +2.081% | $202K | $137K | 2x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04683 | +2.037% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04688 | +2.154% | $21K | $94K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04687 | +2.131% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04684 | +2.061% | $4.2M | $13.4M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04682 | +2.015% | $944K | $3.1M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04680 | +1.972% | $138K | −$0 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04687 | +2.124% | $210K | $326K | 20x | as long as short |
Show all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04685 | +2.081% | $766K | $396K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04684 | +2.059% | $252K | $115K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04689 | +2.168% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04685 | +2.081% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04686 | +2.103% | $19K | $52K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04695 | +2.289% | $340K | $229K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04698 | +2.374% | $21K | $2.2M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04698 | +2.364% | $24K | $225K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04681 | +1.994% | $1K | $1.8M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04684 | +2.050% | $132K | $794K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0108% | 4h | 0.04684 | +2.059% | $208K | $85K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04684 | +2.060% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0170% | 1h | 0.04703 | +2.473% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0238% / S −0.5353% | 1h | 0.04686 | +2.105% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.0296% | 1h | 0.04695 | +2.292% | $8.1M | $2.5M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0305% | 1h | 0.04688 | +2.148% | $113 | $15 | 25x | as long as short |
| Coinbase International MEGA-PERP-INTXlong | +0.0592% | 1h | 0.04589 | long leg | $5K | $12K | 50x | |
| Lighter MEGA | +0.0704% | 1h | 0.04705 | +2.517% | $638K | $402K | 3x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Bybit MEGAUSDT
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
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
SunX MEGA-USDT
Extended MEGA-USD
BloFin MEGA-USDT
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL
Lighter MEGA