MEGA

Alert

Funding spread now, next payment 15:00 UTC+0.0740%/8h

paid, last 24h+0.068%paid, last 3 days+0.204%to open and closeno order book

Long on Variational Omni Short on Lighter

The current rate is far above what this pair has been paying: over the last 3 days it paid 0.204% in total (about 25.5% 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	0.04437	0.0100	pay 0.0050% / 4h	1h 52m	$176K	$15K	—
Short	Lighter MEGA	0.04422	0.0840	get 0.0105% / 1h	52m 06s	$529K	$80K	3x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee LighterbpOrdersRate

Funding earned: $155.4
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Lighter: 0 bp × 2 orders: $0
Net: $155.4
Break-even: 0.0 days

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Lighter: live order book, 64 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.332%
Avg gap 7d: +0.262%

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, 3 min ago	7.90 bp	doesn't fit	265.3 bp −$2,653	doesn't fit	doesn't fit
Sell Lighter live order book, 64 min ago	31.21 bp	83.3 bp −$83	doesn't fit	doesn't fit	doesn't fit

MEGA on 27 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
ApeX Omni MEGAUSDT	−0.0369%	1h	$27K	$214K	50x	as long as short
Bybit MEGAUSDT	−0.0229%	4h	$3.1M	$2.8M	20x	as long as short
gTrade (Gains Network) MEGA/USD	L +0.0001% / S +0.0023%	1h	$191	—	150x	as long as short
Orderly PERP_MEGA_USDC	+0.0099%	4h	$3K	$53	10x	as long as short
Hyperliquid MEGA	+0.0100%	1h	$6.6M	$1.2M	3x	as long as short
Aster MEGAUSDT	+0.0100%	4h	$27K	$28K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	$14K	$6K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	$4.0M	$6.4M	50x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	$842K	$1.5M	20x	as long as short
Bulk MEGA-USD	+0.0100%	1h	$131K	$569	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Gate MEGA_USDT	+0.0100%	4h	$172K	$118K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	$637K	$248K	50x	as long as short
KuCoin MEGAUSDTM	+0.0100%	4h	$195K	$52K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	$1.1M	$663K	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	—	$1.7M	—	as long as short
Backpack MEGA_USDC_PERP	+0.0100%	1h	$13K	$27K	5x	as long as short
Variational Omni MEGAlong	+0.0100%	4h	$176K	$15K	—
SunX MEGA-USDT	+0.0100%	4h	$2K	$1.1M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	$130K	$600K	5x	as long as short
BloFin MEGA-USDT	+0.0116%	4h	$201K	$44K	50x	as long as short
Nado MEGA-PERP	+0.0135%	1h	$177K	$66K	2x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	$3	—	3x	as long as short
GMX MEGA/USD [ETH-USDC]	L +0.0237% / S −0.5353%	1h	$3K	—	45x	as long as short
Phoenix MEGA	+0.0360%	1h	$20K	$5K	5x	as long as short
Lighter MEGAshort	+0.0840%	1h	$529K	$80K	3x
Coinbase International MEGA-PERP-INTX	+0.1224%	1h	$7K	$4K	50x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.2250%	1h	$107	$15	25x	as long as short