Funding you earn now, next payment 09:00 UTC+0.0099%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.034%
Price spread now: Bulk against gTrade (Gains Network)−0.797%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Funding pays, the price is against you. Bulk is 0.797% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.797% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$80 on $10k: about 27 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) MEGA/USD | 0.04607 | L +0.0001% / S +0.0023% | pay 0.0000% / 1h | 44m 53s | $1K | — | 150x |
| Short | Bulk MEGA-USD | 0.04570 | 0.0100 | get 0.0013% / 1h | 44m 53s | $135K | −$0 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against gTrade (Gains Network). 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
- $20.88
- Price spread: −0.797% → 0.000%
- −$79.69
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$77.8
- Costs to cover
- 0.190%
- Break-even
- 33.1 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Bulk: live order book, 54 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Bulk live order book, 54 min ago | 10.88 bp | 48.3 bp −$48 | 95.6 bp −$956 | 368.3 bp −$36.8K | doesn't fit |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MEGA | 0.0000% | 1h | 0.04584 | −0.493% | $21K | $7K | 5x | as long as short |
| gTrade (Gains Network) MEGA/USDlong | L +0.0001% / S +0.0023% | 1h | 0.04607 | long leg | $1K | — | 150x | |
| Bybit MEGAUSDT | +0.0010% | 4h | 0.04606 | −0.015% | $3.5M | $5.9M | 20x | as long as short |
| Nado MEGA-PERP | +0.0031% | 1h | 0.04602 | −0.091% | $198K | $139K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04610 | +0.061% | $21K | $96K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04591 | −0.337% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04607 | +0.013% | $4.1M | $13.7M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04603 | −0.081% | $924K | $3.2M | 20x | as long as short |
| Bulk MEGA-USDshort | +0.0100% | 1h | 0.04570 | −0.797% | $135K | −$0 | 10x | |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04609 | +0.050% | $207K | $331K | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04610 | +0.071% | $764K | $402K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04608 | +0.028% | $245K | $124K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04611 | +0.093% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04605 | −0.037% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04612 | +0.115% | $17K | $55K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04588 | −0.401% | $324K | $223K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04581 | −0.558% | $21K | $2.0M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04593 | −0.298% | $24K | $227K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04605 | −0.037% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04586 | −0.450% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04605 | −0.042% | $129K | $799K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0118% | 4h | 0.04593 | −0.298% | $202K | $96K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04605 | −0.031% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0238% / S −0.5353% | 1h | 0.04607 | −0.005% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.0329% | 1h | 0.04615 | +0.186% | $8.0M | $2.6M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0596% | 1h | 0.04611 | +0.100% | $112 | $15 | 25x | as long as short |
| Lighter MEGA | +0.1128% | 1h | 0.04627 | +0.440% | $618K | $381K | 3x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.1296% | 1h | 0.04589 | −0.374% | $5K | $12K | 50x | as long as short |
gTrade (Gains Network) MEGA/USD
Bulk MEGA-USD
Phoenix MEGA
Bybit MEGAUSDT
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
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]
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL
Lighter MEGA
Coinbase International MEGA-PERP-INTX