Funding you earn now, next payment 03:00 UTC+0.0844%/8h= +92.4% APRpaid last 24h −0.163%
Price spread now: MEXC against Coinbase International+0.752%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 +$25 a day on $10k at the current rate, and MEXC is 0.752% dearer against Coinbase International than usual: you sell high and buy low: +$75 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 | 0.04589 | −0.0744 | get 0.0093% / 1h | 23m 38s | $5K | $13K | 50x |
| Short | MEXC MEGA_USDT | 0.04624 | 0.0100 | get 0.0050% / 4h | 23m 38s | $816K | $376K | 50x |
Coinbase International MEGA-PERP-INTX
MEXC MEGA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $177.24
- Price spread: +0.752% → 0.000%
- $75.17
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $242.41
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; MEXC: live order book, 27 min ago. 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 MEXC live order book, 27 min ago | 4.37 bp | 11.7 bp −$12 | 62.0 bp −$620 | 216.9 bp −$21.7K | 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 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 | −0.0744% | 1h | 0.04589 | long leg | $5K | $13K | 50x | |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04626 | +0.792% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0064% | 1h | 0.04624 | +0.752% | $200K | $142K | 2x | as long as short |
| Hyperliquid MEGA | +0.0100% | 1h | 0.04636 | +1.011% | $8.0M | $2.6M | 3x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04627 | +0.817% | $19K | $90K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04626 | +0.789% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04625 | +0.770% | $4.1M | $13.6M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04619 | +0.643% | $3.6M | $5.7M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04620 | +0.665% | $946K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04630 | +0.882% | $137K | $4K | 10x | as long as short |
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Hyperliquid MEGA
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit 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 | 0.04627 | +0.817% | $200K | $321K | 20x | as long as short |
| MEXC MEGA_USDTshort | +0.0100% | 4h | 0.04624 | +0.752% | $816K | $376K | 50x | |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04628 | +0.839% | $237K | $119K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04623 | +0.730% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04620 | +0.665% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04615 | +0.559% | $326K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04619 | +0.643% | $23K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04619 | +0.643% | $24K | $230K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04626 | +0.795% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04624 | +0.752% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04620 | +0.660% | $132K | $824K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0126% | 4h | 0.04618 | +0.621% | $203K | $96K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04623 | +0.735% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0176% | 1h | 0.04629 | +0.861% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0238% / S −0.5353% | 1h | 0.04626 | +0.791% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0504% | 1h | 0.04629 | +0.861% | $19K | $51K | 5x | as long as short |
| Lighter MEGA | +0.0568% | 1h | 0.04648 | +1.275% | $658K | $340K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0960% | 1h | 0.04632 | +0.928% | $112 | $15 | 25x | as long as short |
Gate MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
BloFin MEGA-USDT
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL