MEGA

Alert

Funding spread now, next payment 18:00 UTC+0.5253%/8h

paid, last 24h+0.740%paid, last 3 days+0.545%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid 0.545% in total (about 68.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni MEGA	0.04389	0.0100	pay 0.0050% / 4h	2h 36m	$232K	$102K	—
Short	GMX MEGA/USD [ETH-USDC]	0.04414	L +0.0236% / S −0.5353%	get 0.0669% / 1h	36m 08s	$3K	—	45x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee GMXbpOrdersRate

Funding earned: $1,103.09
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: $1,091.09
Break-even: 0.1 days

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; GMX: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.569%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 4 min ago	7.97 bp	doesn't fit	292.7 bp −$2,927	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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 27 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
gTrade (Gains Network) MEGA/USD	L −0.0018% / S +0.0023%	1h	$16K	—	150x	as long as short
Phoenix MEGA	0.0000%	1h	$20K	$6K	5x	as long as short
Nado MEGA-PERP	+0.0039%	1h	$192K	$155K	2x	as long as short
BloFin MEGA-USDT	+0.0048%	4h	$208K	$75K	50x	as long as short
Orderly PERP_MEGA_USDC	+0.0099%	4h	$3K	$994	10x	as long as short
Aster MEGAUSDT	+0.0100%	4h	$33K	$66K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	$14K	$10K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	$4.1M	$12.4M	50x	as long as short
Bybit MEGAUSDT	+0.0100%	4h	$3.2M	$4.6M	20x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	$908K	$2.9M	20x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bulk MEGA-USD	+0.0100%	1h	$131K	$569	10x	as long as short
Gate MEGA_USDT	+0.0100%	4h	$197K	$252K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	$764K	$356K	50x	as long as short
KuCoin MEGAUSDTM	+0.0100%	4h	$231K	$114K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	$1.0M	$1.4M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	—	$1.7M	—	as long as short
Backpack MEGA_USDC_PERP	+0.0100%	1h	$17K	$38K	5x	as long as short
Variational Omni MEGAlong	+0.0100%	4h	$232K	$102K	—
ApeX Omni MEGAUSDT	+0.0100%	1h	$25K	$223K	50x	as long as short
SunX MEGA-USDT	+0.0100%	4h	$2K	$1.9M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	$133K	$605K	5x	as long as short
Lighter MEGA	+0.0112%	1h	$603K	$275K	3x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	$3	—	3x	as long as short
GMX MEGA/USD [ETH-USDC]short	L +0.0236% / S −0.5353%	1h	$3K	—	45x
Coinbase International MEGA-PERP-INTX	+0.1192%	1h	$6K	$7K	50x	as long as short
Hyperliquid MEGA	+0.1373%	1h	$7.4M	$2.5M	3x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.2444%	1h	$107	$15	25x	as long as short