Funding you earn now, next payment 01:00 UTC−0.0991%/8h= −108.6% APRpaid last 24h −0.303%
Price spread now: KuCoin against Deribit−0.013%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
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$30 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MEGA_USDC-PERPETUAL | 0.04554 | 0.1091 | pay 0.0136% / 1h | 28m 46s | $110 | $15 | 25x |
| Short | KuCoin MEGAUSDTM | 0.04553 | 0.0100 | get 0.0050% / 4h | 3h 28m | $240K | $115K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$208.19
- Price spread: −0.013% → 0.000%
- −$1.32
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$228.51
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; KuCoin: live order book, 21 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 Deribit no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 21 min ago | 11.08 bp | 224.5 bp −$225 | doesn't fit | 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 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 | −0.0048% | 1h | 0.04490 | −1.388% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04547 | −0.143% | $12K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04541 | −0.277% | $21K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0050% | 1h | 0.04547 | −0.145% | $197K | $136K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04550 | −0.082% | $20K | $87K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04553 | −0.013% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04551 | −0.057% | $4.0M | $13.2M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04551 | −0.057% | $3.5M | $5.2M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04548 | −0.123% | $926K | $3.0M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04535 | −0.408% | $134K | $4K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.0100% | 4h | 0.04546 | −0.167% | $198K | $313K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04550 | −0.079% | $842K | $360K | 50x | as long as short |
| KuCoin MEGAUSDTMshort | +0.0100% | 4h | 0.04553 | −0.013% | $240K | $115K | 50x | |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04551 | −0.057% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04550 | −0.079% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04552 | −0.035% | $18K | $41K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04549 | −0.106% | $321K | $227K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04549 | −0.093% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04539 | −0.321% | $25K | $230K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04546 | −0.167% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04549 | −0.101% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04550 | −0.079% | $131K | $819K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0141% | 4h | 0.04546 | −0.167% | $197K | $77K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04547 | −0.138% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04546 | −0.176% | $3K | — | 45x | as long as short |
| Lighter MEGA | +0.0824% | 1h | 0.04573 | +0.426% | $643K | $320K | 3x | as long as short |
| Hyperliquid MEGA | +0.1005% | 1h | 0.04563 | +0.213% | $7.8M | $2.4M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUALlong | +0.1091% | 1h | 0.04554 | long leg | $110 | $15 | 25x |
Deribit MEGA_USDC-PERPETUAL
KuCoin MEGAUSDTM
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Extended MEGA-USD
BloFin MEGA-USDT
GMX MEGA/USD [ETH-USDC]
Lighter MEGA
Hyperliquid MEGA