MEGA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0416%/8h= −45.6% APRnext payment −$0.52 per $10,000 · paid last 24h −0.112%

Price spread now: Coinbase International against Lighter+0.317%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Coinbase International

What this pair did over the last

the charts below follow

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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Coinbase International is 0.317% dearer against Lighter than usual: you sell high and buy low (spread +0.317% now, against zero (this spread has no 7-day history yet)): +$32 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 2.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter MEGA	0.04575	0.0368	pay 0.0046% / 1h	11m 50s	$619K	$372K	3x
Short	Coinbase International MEGA-PERP-INTX	0.04589	−0.0048	pay 0.0006% / 1h	11m 50s	$5K	$12K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee Coinbase InternationalbpOrdersPrice spread, now +0.317%Rate

Funding earned: −$87.36
Price spread: +0.317% → 0.000%: $31.69
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$65.67
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Lighter: live order book, 29 min ago; Coinbase International: 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 Lighter live order book, 29 min ago	23.33 bp	58.7 bp −$59	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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-INTXshort	−0.0048%	1h	0.04589	+0.317%	$5K	$12K	50x
gTrade (Gains Network) MEGA/USD	L +0.0001% / S +0.0023%	1h	0.04547	−0.615%	$1K	—	150x	as long as short
Bybit MEGAUSDT	+0.0015%	4h	0.04555	−0.437%	$3.5M	$5.9M	20x	as long as short
Nado MEGA-PERP	+0.0054%	1h	0.04546	−0.623%	$196K	$142K	2x	as long as short
BloFin MEGA-USDT	+0.0100%	4h	0.04548	−0.590%	$198K	$94K	50x	as long as short
Aster MEGAUSDT	+0.0100%	4h	0.04556	−0.425%	$19K	$91K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	0.04547	−0.610%	$14K	$10K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04557	−0.393%	$4.0M	$13.8M	50x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04553	−0.481%	$922K	$3.2M	20x	as long as short
Bulk MEGA-USD	+0.0100%	1h	0.04540	−0.765%	$134K	$111	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	0.04557	−0.393%	$205K	$333K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	0.04557	−0.393%	$814K	$400K	50x	as long as short
KuCoin MEGAUSDTM	+0.0100%	4h	0.04554	−0.459%	$230K	$120K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	0.04556	−0.415%	$1.0M	$1.5M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04557	−0.393%	—	$1.7M	—	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04536	−0.847%	$320K	$226K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04537	−0.831%	$21K	$1.9M	10x	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	0.04536	−0.852%	$23K	$228K	50x	as long as short
Orderly PERP_MEGA_USDC	+0.0100%	4h	0.04547	−0.612%	$3K	$2K	10x	as long as short
SunX MEGA-USDT	+0.0100%	4h	0.04545	−0.656%	$2K	$1.9M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04556	−0.421%	$127K	$421K	5x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	0.04544	−0.672%	$3	—	3x	as long as short
Phoenix MEGA	+0.0177%	1h	0.04542	−0.721%	$21K	$7K	5x	as long as short
Backpack MEGA_USDC_PERP	+0.0222%	1h	0.04564	−0.240%	$19K	$56K	5x	as long as short
GMX MEGA/USD [ETH-USDC]	L +0.0237% / S −0.5353%	1h	0.04546	−0.630%	$3K	—	45x	as long as short
Lighter MEGAlong	+0.0368%	1h	0.04575	long leg	$619K	$372K	3x
Hyperliquid MEGA	+0.0381%	1h	0.04563	−0.267%	$7.9M	$2.6M	3x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.1333%	1h	0.04555	−0.444%	$110	$15	25x	as long as short