Funding you earn now, next payment 09:00 UTC+0.0885%/8h= +96.9% APRpaid last 24h +0.337%
Price spread now: Deribit against Variational Omni+0.199%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Deribit is 0.199% dearer against Variational Omni than usual: you sell high and buy low: +$20 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 | Variational Omni MEGA | 0.04613 | 0.0100 | pay 0.0050% / 4h | 3h 15m | $324K | $219K | — |
| Short | Deribit MEGA_USDC-PERPETUAL | 0.04623 | 0.0985 | get 0.0123% / 1h | 15m 33s | $112 | $15 | 25x |
Variational Omni MEGA
Deribit MEGA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $185.77
- Price spread: +0.199% → 0.000%
- $19.87
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $198.65
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 18 min ago; Deribit: no order-book sample. 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, 18 min ago | 9.82 bp | doesn't fit | 243.4 bp −$2,434 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | −0.0146% | 4h | 0.04628 | +0.318% | $3.6M | $5.8M | 20x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04614 | +0.014% | $21K | $7K | 5x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04611 | −0.052% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0055% | 1h | 0.04627 | +0.285% | $199K | $139K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04626 | +0.279% | $21K | $96K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04630 | +0.353% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04628 | +0.318% | $4.1M | $13.6M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04625 | +0.253% | $930K | $3.2M | 20x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04628 | +0.318% | $208K | $333K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04628 | +0.318% | $764K | $404K | 50x | as long as short |
Bybit MEGAUSDT
Phoenix MEGA
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
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 | 0.04625 | +0.253% | $246K | $124K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04629 | +0.340% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04629 | +0.340% | — | $1.7M | — | as long as short |
| Variational Omni MEGAlong | +0.0100% | 4h | 0.04613 | long leg | $324K | $219K | — | |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04605 | −0.181% | $30K | $2.0M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04610 | −0.072% | $24K | $226K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04615 | +0.036% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04614 | +0.014% | $1K | $1.9M | 10x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04610 | −0.072% | $136K | −$0 | 10x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0104% | 1h | 0.04622 | +0.188% | $17K | $51K | 5x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04627 | +0.303% | $129K | $802K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0147% | 4h | 0.04611 | −0.051% | $202K | $96K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04608 | −0.119% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0238% / S −0.5353% | 1h | 0.04609 | −0.083% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.0288% | 1h | 0.04635 | +0.461% | $8.0M | $2.6M | 3x | as long as short |
| Lighter MEGA | +0.0912% | 1h | 0.04635 | +0.470% | $619K | $387K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUALshort | +0.0985% | 1h | 0.04623 | +0.199% | $112 | $15 | 25x | |
| Coinbase International MEGA-PERP-INTX | +0.1296% | 1h | 0.04589 | −0.517% | $5K | $12K | 50x | as long as short |
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Bulk MEGA-USD
Backpack MEGA_USDC_PERP
Extended MEGA-USD
BloFin MEGA-USDT
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Lighter MEGA
Coinbase International MEGA-PERP-INTX