Funding you earn now, next payment 05:00 UTC−0.0675%/8h= −73.9% APRpaid last 24h −0.354%
Price spread now: OKX against Deribit−0.100%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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and OKX is 0.100% cheaper against Deribit 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 | Deribit MEGA_USDC-PERPETUAL | 0.04590 | 0.0775 | pay 0.0097% / 1h | 49m 53s | $111 | $15 | 25x |
| Short | OKX MEGA-USDT-SWAP | 0.04585 | 0.0100 | get 0.0050% / 4h | 3h 49m | $935K | $3.2M | 20x |
Deribit MEGA_USDC-PERPETUAL
OKX MEGA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$141.77
- Price spread: −0.100% → 0.000%
- −$10.02
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$168.79
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; OKX: live order book, 2 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 Deribit no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 2 min ago | 3.27 bp | 33.1 bp −$33 | 145.4 bp −$1,454 | doesn't fit | doesn't fit |
Deribit: 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 | −0.002% | $5K | $12K | 50x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04598 | +0.183% | $21K | $7K | 5x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04584 | −0.125% | $1K | — | 150x | as long as short |
| Bybit MEGAUSDT | +0.0031% | 4h | 0.04584 | −0.122% | $3.5M | $5.8M | 20x | as long as short |
| BloFin MEGA-USDT | +0.0044% | 4h | 0.04582 | −0.166% | $202K | $95K | 50x | as long as short |
| Nado MEGA-PERP | +0.0093% | 1h | 0.04578 | −0.242% | $198K | $144K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04583 | −0.140% | $19K | $91K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04582 | −0.170% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04586 | −0.073% | $4.1M | $13.7M | 50x | as long as short |
| OKX MEGA-USDT-SWAPshort | +0.0100% | 4h | 0.04585 | −0.100% | $935K | $3.2M | 20x |
Coinbase International MEGA-PERP-INTX
Phoenix MEGA
gTrade (Gains Network) MEGA/USD
Bybit MEGAUSDT
BloFin MEGA-USDT
Nado MEGA-PERP
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | +0.0100% | 1h | 0.04590 | +0.009% | $136K | $111 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04585 | −0.100% | $204K | $326K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04587 | −0.057% | $805K | $374K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04587 | −0.057% | $234K | $119K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04587 | −0.057% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04585 | −0.100% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04577 | −0.281% | $323K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04599 | +0.204% | $25K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04599 | +0.205% | $24K | $230K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04582 | −0.166% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04582 | −0.166% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04585 | −0.095% | $128K | $824K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04582 | −0.170% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04584 | −0.118% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0239% | 1h | 0.04591 | +0.031% | $18K | $53K | 5x | as long as short |
| Hyperliquid MEGA | +0.0396% | 1h | 0.04596 | +0.131% | $7.9M | $2.6M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUALlong | +0.0775% | 1h | 0.04590 | long leg | $111 | $15 | 25x | |
| Lighter MEGA | +0.0808% | 1h | 0.04612 | +0.488% | $652K | $341K | 3x | as long as short |
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
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Hyperliquid MEGA
Lighter MEGA