Funding you earn now, next payment 09:00 UTC−0.0138%/8h= −15.1% APRpaid last 24h −0.038%
Price spread now: Aster against GMX−0.042%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
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.042% cheaper against GMX than usual: you would sell low and buy high (−$4 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 | GMX MEGA/USD [ETH-USDC] | 0.04587 | L +0.0238% / S −0.5353% | pay 0.0030% / 1h | 58m 15s | $3K | — | 45x |
| Short | Aster MEGAUSDT | 0.04585 | 0.0100 | get 0.0050% / 4h | 3h 58m | $20K | $96K | 5x |
GMX MEGA/USD [ETH-USDC]
Aster MEGAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against GMX. 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
- −$28.9
- Price spread: −0.042% → 0.000%
- −$4.19
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$53.1
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: GMX: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
GMX 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MEGAUSDT | −0.0307% | 4h | 0.04583 | −0.076% | $3.5M | $5.9M | 20x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04587 | +0.010% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0038% | 1h | 0.04587 | +0.011% | $197K | $140K | 2x | as long as short |
| Aster MEGAUSDTshort | +0.0100% | 4h | 0.04585 | −0.042% | $20K | $96K | 5x | |
| Pacifica MEGA | +0.0100% | 1h | 0.04591 | +0.096% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04583 | −0.074% | $4.1M | $13.8M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04580 | −0.142% | $920K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04590 | +0.076% | $136K | −$0 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04584 | −0.055% | $206K | $321K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04583 | −0.076% | $759K | $400K | 50x | as long as short |
Bybit MEGAUSDT
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Pacifica MEGA
Binance 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 | 0.04585 | −0.033% | $244K | $124K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04583 | −0.076% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04580 | −0.142% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04586 | −0.011% | $17K | $55K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04592 | +0.117% | $324K | $223K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04593 | +0.142% | $22K | $2.0M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04604 | +0.382% | $24K | $226K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04584 | −0.055% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04583 | −0.076% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04585 | −0.036% | $129K | $799K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0120% | 4h | 0.04591 | +0.098% | $203K | $96K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04587 | +0.008% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0175% | 1h | 0.04608 | +0.469% | $21K | $6K | 5x | as long as short |
| Hyperliquid MEGA | +0.0229% | 1h | 0.04591 | +0.094% | $7.9M | $2.6M | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC]long | L +0.0238% / S −0.5353% | 1h | 0.04587 | long leg | $3K | — | 45x | |
| Lighter MEGA | +0.0832% | 1h | 0.04605 | +0.403% | $615K | $380K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0905% | 1h | 0.04594 | +0.174% | $111 | $15 | 25x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.1296% | 1h | 0.04589 | +0.065% | $5K | $12K | 50x | 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
BloFin MEGA-USDT
Reya MEGARUSDPERP
Phoenix MEGA
Hyperliquid MEGA
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL
Coinbase International MEGA-PERP-INTX