Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.244%
Price spread now: Lighter against KuCoin+0.439%7-day average +0.263% · you sell dearer than you buy
Net, funding: paid 7d − costs−$537as in the Funding arb table
Net, price: spread back to 7d avg − costs−$553as in the Price arb table
costs, in and out, $10k−$5715.708% of the position
Funding, last 7 days+0.338%+$34 on $10k
+Price spread, last 4 days (all we have)−0.439%−$44 · spread now +0.439%, 7d avg +0.263%
=Together, before fees−0.102%+ Points / potential airdropLighter: Season 3 · farm board−$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.176% dearer against KuCoin than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.263%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MEGAUSDTM | 0.04554 | 0.0100 | pay 0.0050% / 4h | 11m 56s | $227K | $121K | 50x |
| Short | Lighter MEGA | 0.04574 | 0.0096 | get 0.0012% / 1h | 11m 56s | $611K | $385K | 3x |
KuCoin MEGAUSDTM
Lighter MEGAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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
- −$0.84
- Price spread: +0.439% → +0.263%
- $17.61
- Slippage, 4 orders
- −$558.83
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$554.06
- Costs to cover
- 5.708%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 20 min ago; Lighter: live order book, 18 min ago.
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 KuCoin live order book, 20 min ago | 17.56 bp | 223.9 bp −$224 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 18 min ago | 19.69 bp | 37.1 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04555 | +0.023% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0049% | 1h | 0.04555 | +0.033% | $196K | $140K | 2x | as long as short |
| Lighter MEGAshort | +0.0096% | 1h | 0.04574 | +0.439% | $611K | $385K | 3x | |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04554 | 0.000% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04557 | +0.075% | $20K | $96K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04559 | +0.121% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04557 | +0.066% | $4.0M | $13.8M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04554 | 0.000% | $3.5M | $5.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04554 | 0.000% | $915K | $3.2M | 20x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04557 | +0.066% | $205K | $329K | 20x | as long as short |
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Gate MEGA_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04554 | 0.000% | $765K | $409K | 50x | as long as short |
| KuCoin MEGAUSDTMlong | +0.0100% | 4h | 0.04554 | long leg | $227K | $121K | 50x | |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04557 | +0.066% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04552 | −0.044% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04559 | +0.116% | $322K | $228K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04554 | +0.008% | $24K | $2.0M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04557 | +0.066% | $23K | $226K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04551 | −0.066% | $1K | $1.9M | 10x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04550 | −0.088% | $134K | −$0 | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04555 | +0.020% | $127K | $794K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0157% | 4h | 0.04555 | +0.022% | $201K | $95K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04555 | +0.020% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0175% | 1h | 0.04555 | +0.022% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04555 | +0.024% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.0387% | 1h | 0.04566 | +0.264% | $7.9M | $2.6M | 3x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0462% | 1h | 0.04558 | +0.088% | $19K | $54K | 5x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0474% | 1h | 0.04559 | +0.105% | $110 | $15 | 25x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.1376% | 1h | 0.04589 | +0.780% | $5K | $12K | 50x | as long as short |
MEXC MEGA_USDT
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Bulk MEGA-USD
Extended MEGA-USD
BloFin MEGA-USDT
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Backpack MEGA_USDC_PERP
Deribit MEGA_USDC-PERPETUAL
Coinbase International MEGA-PERP-INTX