MEGA

Alert

Funding spread now, next payment 19:00 UTC−0.1240%/8h

next payment, per $10,000−$1.55paid, last 24h−0.292%paid, last 5 days−0.202%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 5 days it paid -0.202% in total (about -15.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.55 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit MEGA_USDC-PERPETUAL	0.04474	0.1340	pay 0.0167% / 1h	28m 59s	$108	$15	25x
Short	ApeX Omni MEGAUSDT	0.04462	0.0100	get 0.0013% / 1h	28m 59s	$24K	$226K	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee ApeX OmnibpOrdersRate

Funding earned: −$260.32
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$277.32
Break-even: never at this rate

Slippage unknown: Deribit: no order-book sample; ApeX Omni: live order book, 4 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.259%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Deribit no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 4 min ago	10.10 bp	18.0 bp −$18	128.3 bp −$1,283	doesn't fit	doesn't fit

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 27 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
gTrade (Gains Network) MEGA/USD	L +0.0001% / S +0.0023%	1h	$1K	—	150x	as long as short
Nado MEGA-PERP	+0.0001%	1h	$193K	$158K	2x	as long as short
BloFin MEGA-USDT	+0.0057%	4h	$200K	$77K	50x	as long as short
Lighter MEGA	+0.0096%	1h	$602K	$289K	3x	as long as short
Orderly PERP_MEGA_USDC	+0.0098%	4h	$3K	$961	10x	as long as short
Aster MEGAUSDT	+0.0100%	4h	$27K	$65K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	$14K	$11K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	$4.0M	$12.7M	50x	as long as short
Bybit MEGAUSDT	+0.0100%	4h	$3.2M	$4.6M	20x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	$921K	$3.0M	20x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bulk MEGA-USD	+0.0100%	1h	$132K	−$0	10x	as long as short
Gate MEGA_USDT	+0.0100%	4h	$183K	$267K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	$790K	$369K	50x	as long as short
KuCoin MEGAUSDTM	+0.0100%	4h	$231K	$117K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	$1.1M	$1.4M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	—	$1.7M	—	as long as short
Backpack MEGA_USDC_PERP	+0.0100%	1h	$15K	$40K	5x	as long as short
Variational Omni MEGA	+0.0100%	4h	$239K	$105K	—	as long as short
ApeX Omni MEGAUSDTshort	+0.0100%	1h	$24K	$226K	50x
SunX MEGA-USDT	+0.0100%	4h	$2K	$1.9M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	$134K	$602K	5x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	$3	—	3x	as long as short
Phoenix MEGA	+0.0184%	1h	$20K	$6K	5x	as long as short
GMX MEGA/USD [ETH-USDC]	L +0.0236% / S −0.5353%	1h	$3K	—	45x	as long as short
Hyperliquid MEGA	+0.0444%	1h	$7.5M	$2.5M	3x	as long as short
Deribit MEGA_USDC-PERPETUALlong	+0.1340%	1h	$108	$15	25x
Coinbase International MEGA-PERP-INTX	+0.1368%	1h	$6K	$5K	50x	as long as short