MEGA

Alert

Funding spread now, next payment 15:00 UTC−0.1814%/8h

next payment, per $10,000−$2.27paid, last 24h−0.006%paid, last 5 days+0.184%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 5 days it paid 0.184% in total (about 13.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.27 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	0.04631	0.2200	pay 0.0275% / 1h	8m 45s	$593K	$159K	3x
Short	Hyperliquid MEGA	0.04611	0.0386	get 0.0048% / 1h	8m 45s	$6.9M	$1.4M	3x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee HyperliquidbpOrdersRate

Funding earned: −$380.93
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$389.93
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 42 min ago; Hyperliquid: live order book, 5 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.423%
Avg gap 7d: −0.076%

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, 42 min ago	27.13 bp	96.9 bp −$97	doesn't fit	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 5 min ago	3.49 bp	22.3 bp −$22	doesn't fit	doesn't fit	doesn't fit

MEGA on 27 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bybit MEGAUSDT	−0.0237%	4h	$3.2M	$3.1M	20x	as long as short
gTrade (Gains Network) MEGA/USD	L −0.0022% / S +0.0023%	1h	$15K	—	150x	as long as short
Nado MEGA-PERP	+0.0098%	1h	$183K	$73K	2x	as long as short
Aster MEGAUSDT	+0.0100%	4h	$36K	$44K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	$15K	$6K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	$4.4M	$7.4M	50x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	$915K	$1.8M	20x	as long as short
Bulk MEGA-USD	+0.0100%	1h	$136K	$569	10x	as long as short
Gate MEGA_USDT	+0.0100%	4h	$212K	$156K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	$648K	$269K	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
KuCoin MEGAUSDTM	+0.0100%	4h	$221K	$65K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	$1.1M	$854K	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	—	$1.7M	—	as long as short
Variational Omni MEGA	+0.0100%	4h	$182K	$17K	—	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	$28K	$215K	50x	as long as short
Orderly PERP_MEGA_USDC	+0.0100%	4h	$3K	$53	10x	as long as short
SunX MEGA-USDT	+0.0100%	4h	$2K	$1.3M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	$136K	$600K	5x	as long as short
BloFin MEGA-USDT	+0.0145%	4h	$214K	$59K	50x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	$3	—	3x	as long as short
GMX MEGA/USD [ETH-USDC]	L +0.0239% / S −0.5353%	1h	$3K	—	45x	as long as short
Phoenix MEGA	+0.0360%	1h	$21K	$5K	5x	as long as short
Hyperliquid MEGAshort	+0.0386%	1h	$6.9M	$1.4M	3x
Backpack MEGA_USDC_PERP	+0.0446%	1h	$16K	$29K	5x	as long as short
Coinbase International MEGA-PERP-INTX	+0.1224%	1h	$8K	$5K	50x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.2014%	1h	$111	$15	25x	as long as short
Lighter MEGAlong	+0.2200%	1h	$593K	$159K	3x