Funding you earn now, next payment 04:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.18 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Variational Omni+0.179%71s7-day average +0.138% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.003%$0 on $10k
+Price spread, last 3 days (all we have)+1.367%+$137 · spread now +0.179%, 7d avg +0.138%
=Together, before fees+1.369%+ Points / potential airdropVariational Omni: Active · farm board+$137 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.042% dearer against Variational Omni than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.138%. The two prices were read 71 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 | Variational Omni MEGA | 0.04606 | 0.0100 | pay 0.0050% / 4h | 3h 10m | $325K | $227K | — |
| Short | BloFin MEGA-USDT | 0.04614 | 0.0136 | get 0.0068% / 4h | 3h 10m | $199K | $78K | 50x |
Variational Omni MEGA
BloFin MEGA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Variational Omni. 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
- $7.57
- Price spread: +0.179% → +0.138%
- $4.16
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$0.28
- Costs to cover
- 0.120%
- Break-even
- 7.3 days
Slippage unknown: Variational Omni: RFQ quote, 64 min ago; BloFin: live order book, 55 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 Variational Omni RFQ quote, 64 min ago | 4.43 bp | doesn't fit | 277.1 bp −$2,771 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 55 min ago | 1.11 bp | 23.9 bp −$24 | 82.2 bp −$822 | doesn't fit | doesn't fit |
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 | −2.504% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04622 | +0.353% | $13K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04597 | −0.190% | $21K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0037% | 1h | 0.04620 | +0.310% | $200K | $136K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04619 | +0.289% | $20K | $87K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04619 | +0.299% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04623 | +0.385% | $4.1M | $13.3M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04621 | +0.331% | $3.6M | $5.3M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04620 | +0.310% | $945K | $3.1M | 20x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04617 | +0.244% | $202K | $315K | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Nado MEGA-PERP
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
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 | 0.04623 | +0.375% | $861K | $362K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04622 | +0.353% | $243K | $116K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04622 | +0.353% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04623 | +0.375% | — | $1.7M | — | as long as short |
| Variational Omni MEGAlong | +0.0100% | 4h | 0.04606 | long leg | $325K | $227K | — | |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04601 | −0.102% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04593 | −0.277% | $25K | $231K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04622 | +0.353% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04623 | +0.375% | $2K | $1.9M | 10x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04565 | −0.885% | $135K | $4K | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04621 | +0.341% | $130K | $822K | 5x | as long as short |
| BloFin MEGA-USDTshort | +0.0136% | 4h | 0.04614 | +0.179% | $199K | $78K | 50x | |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04620 | +0.316% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04622 | +0.355% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0360% | 1h | 0.04627 | +0.462% | $19K | $41K | 5x | as long as short |
| Lighter MEGA | +0.0960% | 1h | 0.04644 | +0.831% | $653K | $325K | 3x | as long as short |
| Hyperliquid MEGA | +0.1163% | 1h | 0.04634 | +0.605% | $7.9M | $2.4M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.2216% | 1h | 0.04634 | +0.618% | $112 | $15 | 25x | as long as short |
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Bulk MEGA-USD
Extended MEGA-USD
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Lighter MEGA
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL