Funding you earn now, next payment 12:00 UTC−0.0123%/8h= −13.4% APRpaid last 24h −0.037%
Price spread now: gTrade (Gains Network) against Binance−0.097%7-day average — · you buy dearer than you sell
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—needs 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 0.097% cheaper against Binance than usual: you would sell low and buy high (−$10 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 | Binance MEGAUSDT | 0.04542 | 0.0100 | pay 0.0050% / 4h | 9m 51s | $4.0M | $12.9M | 50x |
| Short | gTrade (Gains Network) MEGA/USD | 0.04537 | L +0.0001% / S +0.0023% | pay 0.0003% / 1h | 9m 51s | $1K | — | 150x |
Binance MEGAUSDT
gTrade (Gains Network) MEGA/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Binance. 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: −0.097% → 0.000%
- −$9.69
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Net
- −$57.46
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 8 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 Binance live order book, 8 min ago | 2.20 bp | 22.0 bp −$22 | 102.0 bp −$1,020 | 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 exchanges
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 | −0.0190% | 4h | 0.04540 | −0.036% | $3.5M | $5.3M | 20x | as long as short |
| Coinbase International MEGA-PERP-INTX | −0.0168% | 1h | 0.04589 | +1.054% | $5K | $12K | 50x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04537 | −0.102% | $21K | $7K | 5x | as long as short |
| gTrade (Gains Network) MEGA/USDshort | L +0.0001% / S +0.0023% | 1h | 0.04537 | −0.097% | $1K | — | 150x | |
| Nado MEGA-PERP | +0.0043% | 1h | 0.04537 | −0.113% | $195K | $139K | 2x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0097% | 4h | 0.04536 | −0.124% | $3K | $2K | 10x | as long as short |
| Hyperliquid MEGA | +0.0100% | 1h | 0.04544 | +0.057% | $7.9M | $2.4M | 3x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04542 | 0.000% | $21K | $90K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04539 | −0.058% | $14K | $11K | 3x | as long as short |
| Binance MEGAUSDTlong | +0.0100% | 4h | 0.04542 | long leg | $4.0M | $12.9M | 50x |
Bybit MEGAUSDT
Coinbase International MEGA-PERP-INTX
Phoenix MEGA
Nado MEGA-PERP
Orderly PERP_MEGA_USDC
Hyperliquid MEGA
Aster MEGAUSDT
Pacifica MEGAShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04538 | −0.080% | $903K | $2.9M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04540 | −0.036% | $141K | $8K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04541 | −0.014% | $205K | $321K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04541 | −0.014% | $682K | $400K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04542 | +0.008% | $238K | $114K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04543 | +0.030% | $1.0M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04540 | −0.036% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04542 | +0.008% | $18K | $52K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04536 | −0.129% | $334K | $235K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04537 | −0.112% | $28K | $2.4M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04537 | −0.102% | $24K | $224K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04537 | −0.102% | $1K | $1.7M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04540 | −0.027% | $130K | $805K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0131% | 4h | 0.04536 | −0.124% | $198K | $82K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04536 | −0.129% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04536 | −0.126% | $3K | — | 45x | as long as short |
| Lighter MEGA | +0.0840% | 1h | 0.04558 | +0.361% | $607K | $414K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0852% | 1h | 0.04542 | +0.008% | $110 | $15 | 25x | as long as short |
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Extended MEGA-USD
BloFin MEGA-USDT
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL