Funding you earn now, next payment 04:00 UTC−0.0565%/8h= −61.8% APRpaid last 24h −0.359%
Price spread now: Aster against Deribit−0.117%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Aster is 0.117% cheaper against Deribit than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MEGA_USDC-PERPETUAL | 0.04596 | 0.0665 | pay 0.0083% / 1h | 59m 30s | $111 | $15 | 25x |
| Short | Aster MEGAUSDT | 0.04591 | 0.0100 | get 0.0050% / 4h | 3h 59m | $19K | $90K | 5x |
Deribit MEGA_USDC-PERPETUAL
Aster MEGAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Deribit. 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
- −$118.58
- Price spread: −0.117% → 0.000%
- −$11.65
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$145.23
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Aster: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Deribit and Aster: 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-INTX | −0.0744% | 1h | 0.04589 | −0.141% | $5K | $13K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04583 | −0.288% | $1K | — | 150x | as long as short |
| Aster MEGAUSDTshort | +0.0100% | 4h | 0.04591 | −0.117% | $19K | $90K | 5x | |
| Pacifica MEGA | +0.0100% | 1h | 0.04590 | −0.124% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04586 | −0.218% | $4.1M | $13.7M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04585 | −0.239% | $3.5M | $5.7M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04583 | −0.283% | $937K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04590 | −0.131% | $136K | $111 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04590 | −0.131% | $203K | $324K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04587 | −0.196% | $805K | $374K | 50x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04586 | −0.218% | $234K | $119K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04587 | −0.196% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04585 | −0.239% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04585 | −0.235% | $324K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04581 | −0.322% | $19K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04575 | −0.457% | $24K | $230K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04589 | −0.152% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04589 | −0.152% | $1K | $1.9M | 10x | as long as short |
| Hyperliquid MEGA | +0.0102% | 1h | 0.04594 | −0.048% | $7.9M | $2.6M | 3x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04585 | −0.234% | $129K | $821K | 5x | as long as short |
| Nado MEGA-PERP | +0.0121% | 1h | 0.04587 | −0.207% | $198K | $144K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0135% | 4h | 0.04587 | −0.196% | $204K | $95K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04583 | −0.277% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0176% | 1h | 0.04590 | −0.131% | $21K | $6K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04591 | −0.102% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0383% | 1h | 0.04592 | −0.087% | $18K | $53K | 5x | as long as short |
| Lighter MEGA | +0.0632% | 1h | 0.04612 | +0.348% | $652K | $340K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUALlong | +0.0665% | 1h | 0.04596 | long leg | $111 | $15 | 25x |
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Hyperliquid MEGA
Extended MEGA-USD
Nado MEGA-PERP
BloFin MEGA-USDT
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Lighter MEGA