Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Orderly+0.012%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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—needs both histories
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_MEGA_USDC | 0.04519 | 0.0100 | pay 0.0050% / 4h | 3h 57m | $3K | $2K | 10x |
| Short | Binance MEGAUSDT | 0.04520 | 0.0100 | get 0.0050% / 4h | 3h 57m | $3.9M | $13.1M | 50x |
Orderly PERP_MEGA_USDC
Binance MEGAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Orderly. 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
- Price spread: +0.012% → 0.000%
- $1.18
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$14.82
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 13 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 13 min ago | 2.21 bp | 12.0 bp −$12 | 93.1 bp −$931 | doesn't fit | doesn't fit |
Orderly: 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-INTX | −0.0048% | 1h | 0.04490 | −0.633% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04517 | −0.039% | $12K | — | 150x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04519 | +0.010% | $18K | $86K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04516 | −0.073% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDTshort | +0.0100% | 4h | 0.04520 | +0.012% | $3.9M | $13.1M | 50x | |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04520 | +0.022% | $3.5M | $5.2M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04519 | 0.000% | $925K | $3.0M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04527 | +0.178% | $134K | $4K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04517 | −0.044% | $198K | $311K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04519 | 0.000% | $770K | $350K | 50x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Aster MEGAUSDT
Pacifica MEGA
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04519 | 0.000% | $238K | $115K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04519 | 0.000% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04520 | +0.022% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04528 | +0.199% | $18K | $41K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04523 | +0.086% | $227K | $133K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04542 | +0.512% | $28K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04545 | +0.575% | $25K | $231K | 50x | as long as short |
| Orderly PERP_MEGA_USDClong | +0.0100% | 4h | 0.04519 | long leg | $3K | $2K | 10x | |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04525 | +0.133% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04514 | −0.118% | $128K | $609K | 5x | as long as short |
| Nado MEGA-PERP | +0.0135% | 1h | 0.04520 | +0.022% | $196K | $137K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0159% | 4h | 0.04520 | +0.022% | $196K | $76K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04518 | −0.014% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04520 | +0.027% | $3K | — | 45x | as long as short |
| Phoenix MEGA | +0.0355% | 1h | 0.04524 | +0.111% | $21K | $7K | 5x | as long as short |
| Hyperliquid MEGA | +0.0519% | 1h | 0.04527 | +0.175% | $7.7M | $2.4M | 3x | as long as short |
| Lighter MEGA | +0.0600% | 1h | 0.04537 | +0.398% | $638K | $320K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1562% | 1h | 0.04534 | +0.325% | $110 | $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
GMX MEGA/USD [ETH-USDC]
Phoenix MEGA
Hyperliquid MEGA
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL