Funding you earn now, next payment 11:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h +0.250%
Price spread now: Lighter against MEXC+0.537%7-day average +0.293% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1641.640% of the position
Funding, last 7 days+0.362%+$36 on $10k
+Price spread, last 4 days (all we have)−0.485%−$49 · spread now +0.537%, 7d avg +0.293%
=Together, before fees−0.123%+ Points / potential airdropLighter: Season 3 · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Lighter is 0.244% dearer against MEXC than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.293%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MEGA_USDT | 0.04653 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $744K | $390K | 50x |
| Short | Lighter MEGA | 0.04678 | 0.0344 | get 0.0043% / 1h | 54m 28s | $635K | $404K | 3x |
MEXC MEGA_USDT
Lighter MEGAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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
- $51.24
- Price spread: +0.537% → +0.293%
- $24.39
- Slippage, 4 orders
- −$164.02
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$88.39
- Costs to cover
- 1.640%
- Break-even
- 19.1 days
Slippage from MEXC: live order book, 52 min ago; Lighter: live order book, 53 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 MEXC live order book, 52 min ago | 1.07 bp | 10.1 bp −$10 | 75.7 bp −$757 | 270.2 bp −$27.0K | doesn't fit |
| Sell Lighter live order book, 53 min ago | 9.58 bp | 64.3 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
MEGA on 28 exchanges
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-INTX | −0.0328% | 1h | 0.04589 | −1.365% | $5K | $12K | 50x | as long as short |
| Bybit MEGAUSDT | −0.0243% | 4h | 0.04652 | −0.021% | $3.6M | $5.5M | 20x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04644 | −0.184% | $1K | — | 150x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04658 | +0.107% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04654 | +0.031% | $21K | $90K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04657 | +0.092% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04651 | −0.051% | $4.1M | $13.0M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04651 | −0.043% | $937K | $3.1M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04660 | +0.157% | $138K | −$0 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04656 | +0.064% | $209K | $324K | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
Bybit MEGAUSDT
gTrade (Gains Network) MEGA/USD
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDTlong | +0.0100% | 4h | 0.04653 | long leg | $744K | $390K | 50x | |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04654 | +0.021% | $247K | $113K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04652 | −0.021% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04651 | −0.043% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04660 | +0.150% | $17K | $52K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04650 | −0.058% | $336K | $229K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04645 | −0.162% | $28K | $2.2M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04677 | +0.516% | $24K | $225K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04661 | +0.172% | $2K | $1.7M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04651 | −0.044% | $130K | $798K | 5x | as long as short |
| Nado MEGA-PERP | +0.0107% | 1h | 0.04652 | −0.021% | $200K | $137K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0131% | 4h | 0.04650 | −0.064% | $205K | $82K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04650 | −0.056% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0170% | 1h | 0.04650 | −0.064% | $21K | $7K | 5x | as long as short |
| Hyperliquid MEGA | +0.0193% | 1h | 0.04657 | +0.090% | $8.1M | $2.4M | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0238% / S −0.5353% | 1h | 0.04658 | +0.116% | $3K | — | 45x | as long as short |
| Lighter MEGAshort | +0.0344% | 1h | 0.04678 | +0.537% | $635K | $404K | 3x | |
| Deribit MEGA_USDC-PERPETUAL | +0.0351% | 1h | 0.04664 | +0.241% | $113 | $15 | 25x | 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
SunX MEGA-USDT
Extended MEGA-USD
Nado MEGA-PERP
BloFin MEGA-USDT
Reya MEGARUSDPERP
Phoenix MEGA
Hyperliquid MEGA
GMX MEGA/USD [ETH-USDC]
Deribit MEGA_USDC-PERPETUAL