Funding you earn now, next payment 07:00 UTC−0.0059%/8h= −6.4% APRnext payment −$0.07 per $10,000 · paid last 24h −0.018%
Price spread now: ApeX Omni against Reya−0.084%63s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and ApeX Omni is 0.084% cheaper against Reya than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya MEGARUSDPERP | 0.04519 | 0.0159 | pay 0.0020% / 1h | 49m 40s | $3 | — | 3x |
| Short | ApeX Omni MEGAUSDT | 0.04515 | 0.0100 | get 0.0013% / 1h | 49m 40s | $23K | $228K | 50x |
Reya MEGARUSDPERP
ApeX Omni MEGAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Reya. 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
- −$12.36
- Price spread: −0.084% → 0.000%
- −$8.39
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$36.76
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, 57 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 Reya no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 57 min ago | 6.65 bp | 16.0 bp −$16 | 135.1 bp −$1,351 | doesn't fit | doesn't fit |
Reya: 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 | 0.04519 | +0.002% | $1K | — | 150x | as long as short |
| Bybit MEGAUSDT | +0.0056% | 4h | 0.04517 | −0.040% | $3.4M | $5.9M | 20x | as long as short |
| Nado MEGA-PERP | +0.0067% | 1h | 0.04514 | −0.117% | $195K | $142K | 2x | as long as short |
| Lighter MEGA | +0.0096% | 1h | 0.04535 | +0.359% | $608K | $377K | 3x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04518 | −0.016% | $20K | $96K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04519 | 0.000% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04518 | −0.018% | $4.0M | $13.8M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04515 | −0.084% | $914K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04510 | −0.195% | $133K | $111 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04518 | −0.018% | $204K | $326K | 20x | as long as short |
gTrade (Gains Network) MEGA/USD
Bybit MEGAUSDT
Nado MEGA-PERP
Lighter MEGA
Aster MEGAUSDT
Pacifica MEGA
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 | 0.04518 | −0.018% | $778K | $403K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04515 | −0.084% | $226K | $120K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04517 | −0.040% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04516 | −0.062% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04510 | −0.189% | $317K | $227K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04515 | −0.087% | $23K | $1.9M | 10x | as long as short |
| ApeX Omni MEGAUSDTshort | +0.0100% | 1h | 0.04515 | −0.084% | $23K | $228K | 50x | |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04518 | −0.018% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04520 | +0.027% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04516 | −0.066% | $126K | $410K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0143% | 4h | 0.04511 | −0.172% | $199K | $93K | 50x | as long as short |
| Reya MEGARUSDPERPlong | +0.0159% | 1h | 0.04519 | long leg | $3 | — | 3x | |
| Phoenix MEGA | +0.0176% | 1h | 0.04516 | −0.062% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04518 | −0.009% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0401% | 1h | 0.04524 | +0.115% | $18K | $56K | 5x | as long as short |
| Hyperliquid MEGA | +0.0412% | 1h | 0.04526 | +0.153% | $7.8M | $2.6M | 3x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.0872% | 1h | 0.04589 | +1.565% | $5K | $12K | 50x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1343% | 1h | 0.04526 | +0.164% | $110 | $15 | 25x | as long as short |
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
BloFin MEGA-USDT
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Hyperliquid MEGA
Coinbase International MEGA-PERP-INTX
Deribit MEGA_USDC-PERPETUAL