MEGA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1196%/8h= −131.0% APRpaid last 24h −0.149%

Price spread now: Variational Omni against Coinbase International+0.378%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Variational Omni

What this pair did over the last

the charts below follow

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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Variational Omni is 0.378% dearer against Coinbase International than usual: you sell high and buy low (spread +0.378% now, against zero (this spread has no 7-day history yet)): +$38 on $10k if it goes back. Holding the pair costs −$36 a day in funding at the current rate, which eats that in about 25 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International MEGA-PERP-INTX	0.04589	0.1296	pay 0.0162% / 1h	17m 51s	$5K	$12K	50x
Short	Variational Omni MEGA	0.04607	0.0100	get 0.0050% / 4h	3h 17m	$324K	$224K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee Variational OmnibpOrdersPrice spread, now +0.378%Rate

Funding earned: −$251.16
Price spread: +0.378% → 0.000%: $37.76
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$223.4
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Coinbase International: no order-book sample; Variational Omni: RFQ quote, 16 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 Variational Omni RFQ quote, 16 min ago	9.82 bp	doesn't fit	138.6 bp −$1,386	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 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
Bybit MEGAUSDT	−0.0253%	4h	0.04615	+0.556%	$3.6M	$5.8M	20x	as long as short
Phoenix MEGA	0.0000%	1h	0.04596	+0.142%	$21K	$7K	5x	as long as short
gTrade (Gains Network) MEGA/USD	L +0.0001% / S +0.0023%	1h	0.04612	+0.494%	$1K	—	150x	as long as short
Nado MEGA-PERP	+0.0054%	1h	0.04612	+0.479%	$198K	$139K	2x	as long as short
Aster MEGAUSDT	+0.0100%	4h	0.04613	+0.522%	$21K	$96K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	0.04613	+0.516%	$14K	$10K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04614	+0.534%	$4.1M	$13.6M	50x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04611	+0.468%	$926K	$3.2M	20x	as long as short
Gate MEGA_USDT	+0.0100%	4h	0.04612	+0.490%	$207K	$332K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	0.04612	+0.490%	$761K	$404K	50x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MEGAUSDTM	+0.0100%	4h	0.04612	+0.490%	$245K	$124K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	0.04614	+0.534%	$1.1M	$1.4M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04612	+0.490%	—	$1.7M	—	as long as short
Backpack MEGA_USDC_PERP	+0.0100%	1h	0.04616	+0.577%	$17K	$51K	5x	as long as short
Variational Omni MEGAshort	+0.0100%	4h	0.04607	+0.378%	$324K	$224K	—
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04609	+0.423%	$30K	$2.0M	10x	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	0.04612	+0.490%	$24K	$226K	50x	as long as short
Orderly PERP_MEGA_USDC	+0.0100%	4h	0.04610	+0.447%	$3K	$2K	10x	as long as short
SunX MEGA-USDT	+0.0100%	4h	0.04612	+0.490%	$990	$1.9M	10x	as long as short
Bulk MEGA-USD	+0.0100%	1h	0.04610	+0.447%	$136K	−$0	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04611	+0.477%	$129K	$802K	5x	as long as short
BloFin MEGA-USDT	+0.0157%	4h	0.04601	+0.251%	$204K	$96K	50x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	0.04611	+0.465%	$3	—	3x	as long as short
GMX MEGA/USD [ETH-USDC]	L +0.0238% / S −0.5353%	1h	0.04612	+0.479%	$3K	—	45x	as long as short
Hyperliquid MEGA	+0.0287%	1h	0.04618	+0.628%	$8.0M	$2.6M	3x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.0877%	1h	0.04618	+0.623%	$112	$15	25x	as long as short
Lighter MEGA	+0.0888%	1h	0.04635	+0.991%	$619K	$387K	3x	as long as short
Coinbase International MEGA-PERP-INTXlong	+0.1296%	1h	0.04589	long leg	$5K	$12K	50x