Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Orderly−0.133%7-day average — · you buy dearer than you sell
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.133% cheaper against Orderly than usual: you would sell low and buy high, −$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_MEGA_USDC | 0.04523 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $3K | $2K | 10x |
| Short | OKX MEGA-USDT-SWAP | 0.04517 | 0.0100 | get 0.0050% / 4h | 1h 56m | $915K | $3.2M | 20x |
Orderly PERP_MEGA_USDC
OKX MEGA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.133% → 0.000%
- −$13.27
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$29.27
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago | 2.21 bp | 32.5 bp −$33 | 136.0 bp −$1,360 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04523 | −0.007% | $1K | — | 150x | as long as short |
| Bybit MEGAUSDT | +0.0023% | 4h | 0.04520 | −0.066% | $3.4M | $5.9M | 20x | as long as short |
| Nado MEGA-PERP | +0.0053% | 1h | 0.04523 | +0.011% | $195K | $142K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0073% | 4h | 0.04531 | +0.177% | $199K | $93K | 50x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04523 | +0.009% | $20K | $96K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04524 | +0.031% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04522 | −0.014% | $4.0M | $13.8M | 50x | as long as short |
| OKX MEGA-USDT-SWAPshort | +0.0100% | 4h | 0.04517 | −0.133% | $915K | $3.2M | 20x | |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04535 | +0.265% | $134K | $111 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04523 | 0.000% | $204K | $326K | 20x | as long as short |
gTrade (Gains Network) MEGA/USD
Bybit MEGAUSDT
Nado MEGA-PERP
BloFin MEGA-USDT
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bulk MEGA-USD
Gate MEGA_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04523 | 0.000% | $781K | $403K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04524 | +0.022% | $226K | $120K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04524 | +0.022% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04521 | −0.044% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04533 | +0.214% | $319K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04538 | +0.321% | $22K | $1.9M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04534 | +0.243% | $23K | $228K | 50x | as long as short |
| Orderly PERP_MEGA_USDClong | +0.0100% | 4h | 0.04523 | long leg | $3K | $2K | 10x | |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04523 | 0.000% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04521 | −0.037% | $127K | $410K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04521 | −0.038% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0177% | 1h | 0.04534 | +0.243% | $21K | $7K | 5x | as long as short |
| Lighter MEGA | +0.0208% | 1h | 0.04539 | +0.354% | $608K | $377K | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04522 | −0.013% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.0324% | 1h | 0.04532 | +0.190% | $7.8M | $2.6M | 3x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0608% | 1h | 0.04525 | +0.044% | $18K | $56K | 5x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0833% | 1h | 0.04528 | +0.106% | $110 | $15 | 25x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.0872% | 1h | 0.04589 | +1.470% | $5K | $12K | 50x | as long as short |
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
Phoenix MEGA
Lighter MEGA
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Backpack MEGA_USDC_PERP
Deribit MEGA_USDC-PERPETUAL
Coinbase International MEGA-PERP-INTX