Funding you earn now, next payment 05:00 UTC−0.1408%/8h= −154.2% APRnext payment −$1.76 per $10,000 · paid last 24h −0.391%
Price spread now: gTrade (Gains Network) against Deribit−0.180%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—needs both histories
Both sides work against this trade now: funding costs −$42 a day on $10k at the current rate, and gTrade (Gains Network) is 0.180% cheaper against Deribit than usual: you would sell low and buy high (−$18 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 | Deribit MEGA_USDC-PERPETUAL | 0.04594 | 0.1385 | pay 0.0173% / 1h | 29m 19s | $111 | $15 | 25x |
| Short | gTrade (Gains Network) MEGA/USD | 0.04585 | L +0.0001% / S +0.0023% | pay 0.0003% / 1h | 29m 19s | $1K | — | 150x |
Deribit MEGA_USDC-PERPETUAL
gTrade (Gains Network) MEGA/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Deribit. 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
- −$295.7
- Price spread: −0.180% → 0.000%
- −$18
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Net
- −$332.7
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Deribit and 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 | −0.0680% | 1h | 0.04589 | −0.089% | $5K | $12K | 50x | as long as short |
| Bybit MEGAUSDT | −0.0022% | 4h | 0.04584 | −0.209% | $3.5M | $5.8M | 20x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04592 | −0.035% | $21K | $7K | 5x | as long as short |
| gTrade (Gains Network) MEGA/USDshort | L +0.0001% / S +0.0023% | 1h | 0.04585 | −0.180% | $1K | — | 150x | |
| BloFin MEGA-USDT | +0.0045% | 4h | 0.04595 | +0.030% | $203K | $95K | 50x | as long as short |
| Nado MEGA-PERP | +0.0084% | 1h | 0.04584 | −0.198% | $198K | $144K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04587 | −0.141% | $19K | $91K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04586 | −0.161% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04586 | −0.164% | $4.1M | $13.7M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04581 | −0.274% | $934K | $3.2M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
Bybit MEGAUSDT
Phoenix MEGA
BloFin MEGA-USDT
Nado MEGA-PERP
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 | 0.04599 | +0.108% | $136K | $111 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04588 | −0.122% | $204K | $326K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04586 | −0.165% | $804K | $375K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04587 | −0.144% | $234K | $119K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04587 | −0.144% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04584 | −0.209% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04592 | −0.031% | $324K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04595 | +0.030% | $29K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04593 | −0.013% | $24K | $230K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04586 | −0.165% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04584 | −0.209% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04584 | −0.216% | $128K | $821K | 5x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0118% | 1h | 0.04588 | −0.122% | $18K | $53K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04584 | −0.206% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0238% / S −0.5353% | 1h | 0.04585 | −0.183% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.0342% | 1h | 0.04594 | +0.011% | $7.9M | $2.6M | 3x | as long as short |
| Lighter MEGA | +0.0920% | 1h | 0.04609 | +0.335% | $652K | $341K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUALlong | +0.1385% | 1h | 0.04594 | long leg | $111 | $15 | 25x |
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
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
Backpack MEGA_USDC_PERP
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Lighter MEGA