Funding you earn now, next payment 01:00 UTC−0.2457%/8h= −269.1% APRnext payment −$3.07 per $10,000 · paid last 24h −0.303%
Price spread now: Pacifica against Deribit−0.210%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
=Both sides work against this trade now: funding costs −$74 a day on $10k at the current rate, and Pacifica is 0.210% cheaper against Deribit than usual: you would sell low and buy high (−$21 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 | 0.04608 | 0.2557 | pay 0.0320% / 1h | 13m 28s | $112 | $15 | 25x |
| Short | Pacifica MEGA | 0.04599 | 0.0100 | get 0.0013% / 1h | 13m 28s | $14K | $9K | 3x |
Deribit MEGA_USDC-PERPETUAL
Pacifica MEGAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$515.99
- Price spread: −0.210% → 0.000%
- −$21.05
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$552.04
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Pacifica: 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 Pacifica no order-book sample | — | — | — | — | — |
Deribit and Pacifica: 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 | −0.0048% | 1h | 0.04490 | −2.561% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04596 | −0.270% | $13K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04597 | −0.247% | $21K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0038% | 1h | 0.04599 | −0.193% | $199K | $136K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0081% | 4h | 0.04591 | −0.378% | $199K | $78K | 50x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04594 | −0.309% | $20K | $87K | 5x | as long as short |
| Pacifica MEGAshort | +0.0100% | 1h | 0.04599 | −0.210% | $14K | $9K | 3x | |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04601 | −0.159% | $4.0M | $13.2M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04600 | −0.182% | $3.6M | $5.3M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04598 | −0.226% | $938K | $3.0M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Nado MEGA-PERP
BloFin MEGA-USDT
Aster MEGAUSDT
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.0100% | 4h | 0.04595 | −0.291% | $201K | $314K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04597 | −0.247% | $858K | $362K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04601 | −0.161% | $242K | $116K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04601 | −0.161% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04598 | −0.226% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04584 | −0.523% | $323K | $227K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04594 | −0.306% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04593 | −0.334% | $25K | $231K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04596 | −0.269% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04596 | −0.269% | $2K | $1.9M | 10x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04565 | −0.942% | $135K | $4K | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04598 | −0.215% | $132K | $819K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04601 | −0.165% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04595 | −0.293% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0302% | 1h | 0.04601 | −0.161% | $18K | $41K | 5x | as long as short |
| Lighter MEGA | +0.0928% | 1h | 0.04617 | +0.187% | $649K | $325K | 3x | as long as short |
| Hyperliquid MEGA | +0.1117% | 1h | 0.04606 | −0.046% | $7.9M | $2.4M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUALlong | +0.2557% | 1h | 0.04608 | long leg | $112 | $15 | 25x |
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
Bulk MEGA-USD
Extended MEGA-USD
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Lighter MEGA
Hyperliquid MEGA