Funding you earn now, next payment 04:00 UTC+0.0784%/8h= +85.8% APRnext payment +$0.98 per $10,000 · paid last 24h −0.162%
Price spread now: Extended against Coinbase International−0.039%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Extended is 0.039% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$24 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International MEGA-PERP-INTX | 0.04589 | −0.0680 | get 0.0085% / 1h | 57m 09s | $5K | $12K | 50x |
| Short | Extended MEGA-USD | 0.04588 | 0.0104 | get 0.0013% / 1h | 57m 09s | $129K | $821K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Coinbase International. 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
- $164.64
- Price spread: −0.039% → 0.000%
- −$3.89
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $145.75
- Costs to cover
- 0.150%
- Break-even
- 0.8 days
Slippage unknown: Coinbase International: no order-book sample; Extended: live order book, 61 min ago. 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 61 min ago | 4.40 bp | 50.6 bp −$51 | 290.1 bp −$2,901 | doesn't fit | doesn't fit |
Coinbase International: 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-INTXlong | −0.0680% | 1h | 0.04589 | long leg | $5K | $12K | 50x | |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04587 | −0.061% | $1K | — | 150x | as long as short |
| BloFin MEGA-USDT | +0.0074% | 4h | 0.04581 | −0.185% | $203K | $95K | 50x | as long as short |
| Nado MEGA-PERP | +0.0075% | 1h | 0.04591 | +0.044% | $198K | $144K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04589 | −0.012% | $19K | $90K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04593 | +0.065% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04589 | 0.000% | $4.1M | $13.7M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04585 | −0.098% | $3.5M | $5.8M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04586 | −0.076% | $936K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04590 | +0.011% | $136K | $111 | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.0100% | 4h | 0.04588 | −0.033% | $205K | $325K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04589 | −0.011% | $805K | $374K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04587 | −0.054% | $234K | $119K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04589 | −0.011% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04587 | −0.054% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04585 | −0.094% | $324K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04581 | −0.185% | $19K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04582 | −0.163% | $24K | $230K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04588 | −0.033% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04587 | −0.054% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USDshort | +0.0104% | 1h | 0.04588 | −0.039% | $129K | $821K | 5x | |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04589 | −0.005% | $3 | — | 3x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0159% | 1h | 0.04592 | +0.054% | $18K | $53K | 5x | as long as short |
| Phoenix MEGA | +0.0176% | 1h | 0.04590 | +0.011% | $21K | $6K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04587 | −0.063% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.0380% | 1h | 0.04597 | +0.161% | $7.9M | $2.6M | 3x | as long as short |
| Lighter MEGA | +0.0672% | 1h | 0.04612 | +0.490% | $652K | $341K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1080% | 1h | 0.04594 | +0.100% | $111 | $15 | 25x | as long as short |
Coinbase International MEGA-PERP-INTX
Extended MEGA-USD
gTrade (Gains Network) MEGA/USD
BloFin MEGA-USDT
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Backpack MEGA_USDC_PERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL