Funding you earn now, next payment 06:00 UTC−0.0123%/8h= −13.4% APRpaid last 24h −0.037%
Price spread now: gTrade (Gains Network) against Variational Omni−0.350%7-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
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and gTrade (Gains Network) is 0.350% cheaper against Variational Omni than usual: you would sell low and buy high (−$35 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MEGA | 0.04544 | 0.0100 | pay 0.0050% / 4h | 2h 53m | $320K | $226K | — |
| Short | gTrade (Gains Network) MEGA/USD | 0.04528 | L +0.0001% / S +0.0023% | pay 0.0003% / 1h | 53m 42s | $1K | — | 150x |
Variational Omni MEGA
gTrade (Gains Network) MEGA/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$25.77
- Price spread: −0.350% → 0.000%
- −$34.96
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Net
- −$72.73
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 60 min ago; gTrade (Gains Network): 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, 60 min ago | 5.45 bp | doesn't fit | 158.2 bp −$1,582 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MEGA-PERP-INTX | −0.0048% | 1h | 0.04589 | +1.008% | $5K | $12K | 50x | as long as short |
| Bybit MEGAUSDT | −0.0009% | 4h | 0.04523 | −0.456% | $3.5M | $5.8M | 20x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04529 | −0.324% | $21K | $7K | 5x | as long as short |
| gTrade (Gains Network) MEGA/USDshort | L +0.0001% / S +0.0023% | 1h | 0.04528 | −0.350% | $1K | — | 150x | |
| Nado MEGA-PERP | +0.0036% | 1h | 0.04530 | −0.291% | $195K | $142K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0065% | 4h | 0.04534 | −0.214% | $157K | $94K | 50x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04528 | −0.345% | $19K | $91K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04527 | −0.376% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04526 | −0.390% | $4.0M | $13.7M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04522 | −0.478% | $922K | $3.1M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
Bybit MEGAUSDT
Phoenix MEGA
Nado MEGA-PERP
BloFin MEGA-USDT
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | +0.0100% | 1h | 0.04540 | −0.082% | $134K | $111 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04528 | −0.346% | $201K | $325K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04524 | −0.434% | $803K | $381K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04529 | −0.324% | $230K | $119K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04526 | −0.390% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04523 | −0.456% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04528 | −0.346% | $18K | $54K | 5x | as long as short |
| Variational Omni MEGAlong | +0.0100% | 4h | 0.04544 | long leg | $320K | $226K | — | |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04536 | −0.162% | $22K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04537 | −0.148% | $24K | $229K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04527 | −0.368% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04532 | −0.258% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04522 | −0.472% | $127K | $430K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04527 | −0.362% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04527 | −0.365% | $3K | — | 45x | as long as short |
| Lighter MEGA | +0.0400% | 1h | 0.04547 | +0.073% | $633K | $351K | 3x | as long as short |
| Hyperliquid MEGA | +0.0446% | 1h | 0.04534 | −0.211% | $7.8M | $2.6M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0744% | 1h | 0.04532 | −0.262% | $110 | $15 | 25x | as long as short |
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Lighter MEGA
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL