Funding you earn now, next payment 04:00 UTC+0.0780%/8h= +85.4% APRpaid last 24h −0.164%
Price spread now: Orderly against Coinbase International+0.142%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 +$23 a day on $10k at the current rate, and Orderly is 0.142% dearer against Coinbase International than usual: you sell high and buy low: +$14 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 | −0.0680 | get 0.0085% / 1h | 54m 26s | $5K | $12K | 50x |
| Short | Orderly PERP_MEGA_USDC | 0.04596 | 0.0100 | get 0.0050% / 4h | 3h 54m | $3K | $2K | 10x |
Coinbase International MEGA-PERP-INTX
Orderly PERP_MEGA_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $163.8
- Price spread: +0.142% → 0.000%
- $14.16
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $161.96
- Costs to cover
- 0.160%
- Break-even
- 0.1 days
Slippage unknown: Coinbase International: no order-book sample; Orderly: 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 Orderly no order-book sample | — | — | — | — | — |
Coinbase International and Orderly: 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 | −0.0680% | 1h | 0.04589 | long leg | $5K | $12K | 50x | |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04593 | +0.073% | $1K | — | 150x | as long as short |
| BloFin MEGA-USDT | +0.0078% | 4h | 0.04587 | −0.054% | $203K | $95K | 50x | as long as short |
| Nado MEGA-PERP | +0.0086% | 1h | 0.04591 | +0.033% | $198K | $144K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04594 | +0.094% | $19K | $90K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04595 | +0.111% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04593 | +0.085% | $4.1M | $13.7M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04591 | +0.033% | $3.5M | $5.8M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04588 | −0.033% | $938K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04590 | +0.011% | $136K | $111 | 10x | as long as short |
gTrade (Gains Network) MEGA/USD
BloFin MEGA-USDT
Nado MEGA-PERP
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 | 0.04596 | +0.142% | $205K | $326K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04591 | +0.033% | $805K | $374K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04592 | +0.054% | $234K | $119K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04592 | +0.054% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04593 | +0.076% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04578 | −0.257% | $323K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04589 | −0.004% | $19K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04589 | −0.011% | $24K | $230K | 50x | as long as short |
| Orderly PERP_MEGA_USDCshort | +0.0100% | 4h | 0.04596 | +0.142% | $3K | $2K | 10x | |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04595 | +0.120% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04592 | +0.059% | $129K | $821K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04589 | −0.016% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0176% | 1h | 0.04593 | +0.076% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04593 | +0.081% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0284% | 1h | 0.04601 | +0.251% | $18K | $53K | 5x | as long as short |
| Hyperliquid MEGA | +0.0459% | 1h | 0.04600 | +0.218% | $7.9M | $2.6M | 3x | as long as short |
| Lighter MEGA | +0.0808% | 1h | 0.04619 | +0.643% | $653K | $341K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1142% | 1h | 0.04603 | +0.288% | $111 | $15 | 25x | as long as short |
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
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Hyperliquid MEGA
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL