Funding you earn now, next payment 03:00 UTC+0.0735%/8h= +80.5% APRnext payment +$0.92 per $10,000 · paid last 24h +0.250%
Price spread now: Lighter against gTrade (Gains Network)+0.175%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Lighter is 0.175% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) MEGA/USD | 0.04587 | L +0.0001% / S +0.0023% | pay 0.0000% / 1h | 55m 49s | $1K | — | 150x |
| Short | Lighter MEGA | 0.04595 | 0.0736 | get 0.0092% / 1h | 55m 49s | $650K | $329K | 3x |
gTrade (Gains Network) MEGA/USD
Lighter MEGAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $154.44
- Price spread: +0.175% → 0.000%
- $17.46
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $159.91
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 65 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 Lighter live order book, 65 min ago | 33.51 bp | 42.7 bp −$43 | doesn't fit | doesn't fit | 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 27 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 | −0.0800% | 1h | 0.04490 | −2.106% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USDlong | L +0.0001% / S +0.0023% | 1h | 0.04587 | long leg | $1K | — | 150x | |
| Nado MEGA-PERP | +0.0014% | 1h | 0.04582 | −0.109% | $198K | $140K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04579 | −0.175% | $18K | $90K | 5x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04578 | −0.193% | $4.1M | $13.6M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04573 | −0.305% | $3.6M | $5.5M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04571 | −0.349% | $940K | $3.1M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04567 | −0.435% | $135K | $4K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04578 | −0.196% | $202K | $317K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04582 | −0.109% | $818K | $363K | 50x | as long as short |
Coinbase International MEGA-PERP-INTX
Nado MEGA-PERP
Aster MEGAUSDT
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04584 | −0.065% | $239K | $112K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04576 | −0.240% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04574 | −0.283% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04590 | +0.066% | $18K | $46K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04585 | −0.038% | $321K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04560 | −0.587% | $30K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04561 | −0.567% | $24K | $229K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04586 | −0.022% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04588 | +0.022% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04577 | −0.209% | $131K | $829K | 5x | as long as short |
| Hyperliquid MEGA | +0.0145% | 1h | 0.04585 | −0.046% | $7.9M | $2.6M | 3x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04586 | −0.016% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0173% | 1h | 0.04560 | −0.588% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04588 | +0.020% | $3K | — | 45x | as long as short |
| Pacifica MEGA | +0.0245% | 1h | 0.04575 | −0.272% | $14K | $9K | 3x | as long as short |
| Lighter MEGAshort | +0.0736% | 1h | 0.04595 | +0.175% | $650K | $329K | 3x | |
| Deribit MEGA_USDC-PERPETUAL | +0.2453% | 1h | 0.04599 | +0.268% | $111 | $15 | 25x | as long as short |
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
Hyperliquid MEGA
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Pacifica MEGA
Deribit MEGA_USDC-PERPETUAL