MEGA

Alert

Funding spread now, next payment 17:00 UTC−0.1351%/8h

next payment, per $10,000−$1.69paid, last 24h−0.154%paid, last 3 days−0.360%to open and closeno order book

Long on Lighter Short on gTrade (Gains Network)

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.360% in total (about -46.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.69 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter MEGA	0.04591	0.1328	pay 0.0166% / 1h	53m 29s	$601K	$215K	3x
Short	gTrade (Gains Network) MEGA/USD	0.04551	L +0.0001% / S +0.0023%	pay 0.0003% / 1h	53m 29s	$198	—	150x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee gTrade (Gains Network)bpOrdersRate

Funding earned: −$283.65
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$295.65
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 53 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.874%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 53 min ago	35.82 bp	122.0 bp −$122	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
gTrade (Gains Network) MEGA/USDshort	L +0.0001% / S +0.0023%	1h	$198	—	150x
Gate MEGA_USDT	+0.0014%	4h	$208K	$228K	20x	as long as short
Nado MEGA-PERP	+0.0016%	1h	$197K	$131K	2x	as long as short
Bybit MEGAUSDT	+0.0039%	4h	$3.3M	$4.3M	20x	as long as short
Aster MEGAUSDT	+0.0100%	4h	$36K	$56K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	$15K	$10K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	$4.3M	$10.8M	50x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	$939K	$2.7M	20x	as long as short
Bulk MEGA-USD	+0.0100%	1h	$134K	$569	10x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	$748K	$324K	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
KuCoin MEGAUSDTM	+0.0100%	4h	$243K	$100K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	$1.1M	$1.2M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	—	$1.7M	—	as long as short
Backpack MEGA_USDC_PERP	+0.0100%	1h	$19K	$36K	5x	as long as short
Variational Omni MEGA	+0.0100%	4h	$218K	$80K	—	as long as short
Orderly PERP_MEGA_USDC	+0.0100%	4h	$3K	$994	10x	as long as short
SunX MEGA-USDT	+0.0100%	4h	$1K	$1.8M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	$138K	$605K	5x	as long as short
BloFin MEGA-USDT	+0.0146%	4h	$213K	$76K	50x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	$3	—	3x	as long as short
Phoenix MEGA	+0.0177%	1h	$21K	$6K	5x	as long as short
GMX MEGA/USD [ETH-USDC]	L +0.0237% / S −0.5353%	1h	$3K	—	45x	as long as short
ApeX Omni MEGAUSDT	+0.0709%	1h	$26K	$221K	50x	as long as short
Hyperliquid MEGA	+0.0811%	1h	$7.7M	$2.3M	3x	as long as short
Coinbase International MEGA-PERP-INTX	+0.1224%	1h	$7K	$6K	50x	as long as short
Lighter MEGAlong	+0.1328%	1h	$601K	$215K	3x
Deribit MEGA_USDC-PERPETUAL	+0.1882%	1h	$110	$15	25x	as long as short