Funding you earn now, next payment 06:00 UTC+0.0268%/8h= +29.3% APRnext payment +$0.33 per $10,000 · paid last 24h +0.245%
Price spread now: Lighter against Pacifica+0.273%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Lighter is 0.273% dearer against Pacifica than usual: you sell high and buy low: +$27 more if the spread 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 | Pacifica MEGA | 0.04542 | 0.0100 | pay 0.0013% / 1h | 16m 59s | $14K | $10K | 3x |
| Short | Lighter MEGA | 0.04554 | 0.0368 | get 0.0046% / 1h | 16m 59s | $621K | $366K | 3x |
Pacifica MEGA
Lighter MEGAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Pacifica. 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
- $56.28
- Price spread: +0.273% → 0.000%
- $27.3
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $75.58
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Pacifica: no order-book sample; Lighter: live order book, 24 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 24 min ago | 23.33 bp | 25.7 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
Pacifica: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MEGAUSDT | −0.0055% | 4h | 0.04528 | −0.299% | $3.4M | $5.9M | 20x | as long as short |
| Coinbase International MEGA-PERP-INTX | −0.0048% | 1h | 0.04589 | +1.055% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04533 | −0.191% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0053% | 1h | 0.04532 | −0.200% | $195K | $142K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04536 | −0.129% | $19K | $91K | 5x | as long as short |
| Pacifica MEGAlong | +0.0100% | 1h | 0.04542 | long leg | $14K | $10K | 3x | |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04534 | −0.174% | $4.0M | $13.8M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04530 | −0.255% | $918K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04490 | −1.136% | $133K | $111 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04533 | −0.189% | $203K | $333K | 20x | as long as short |
Bybit MEGAUSDT
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Aster MEGAUSDT
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
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 | 0.04534 | −0.167% | $810K | $400K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04532 | −0.211% | $229K | $120K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04532 | −0.211% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04534 | −0.167% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04509 | −0.713% | $318K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04536 | −0.130% | $21K | $1.9M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04533 | −0.189% | $23K | $228K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04533 | −0.189% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04534 | −0.167% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04532 | −0.216% | $128K | $431K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0123% | 4h | 0.04526 | −0.343% | $198K | $93K | 50x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0124% | 1h | 0.04537 | −0.101% | $18K | $57K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04532 | −0.216% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0177% | 1h | 0.04526 | −0.343% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04532 | −0.218% | $3K | — | 45x | as long as short |
| Lighter MEGAshort | +0.0368% | 1h | 0.04554 | +0.273% | $621K | $366K | 3x | |
| Hyperliquid MEGA | +0.0393% | 1h | 0.04541 | −0.004% | $7.8M | $2.6M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0897% | 1h | 0.04539 | −0.053% | $110 | $15 | 25x | as long as short |
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
BloFin MEGA-USDT
Backpack MEGA_USDC_PERP
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL