Funding you earn now, next payment 12:00 UTC+0.0763%/8h= +83.5% APRnext payment +$0.95 per $10,000 · paid last 24h +0.333%
Price spread now: Deribit against gTrade (Gains Network)+0.055%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$23 a day on $10k at the current rate, and Deribit is 0.055% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) MEGA/USD | 0.04542 | L +0.0001% / S +0.0023% | pay 0.0000% / 1h | 8m 36s | $1K | — | 150x |
| Short | Deribit MEGA_USDC-PERPETUAL | 0.04544 | 0.0763 | get 0.0095% / 1h | 8m 36s | $110 | $15 | 25x |
gTrade (Gains Network) MEGA/USD
Deribit MEGA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against gTrade (Gains Network). 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
- $160.17
- Price spread: +0.055% → 0.000%
- $5.5
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $146.67
- Costs to cover
- 0.190%
- Break-even
- 0.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Deribit: 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and 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 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 | −0.0189% | 4h | 0.04535 | −0.154% | $3.5M | $5.3M | 20x | as long as short |
| Coinbase International MEGA-PERP-INTX | −0.0168% | 1h | 0.04589 | +1.046% | $5K | $12K | 50x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04541 | −0.022% | $21K | $7K | 5x | as long as short |
| gTrade (Gains Network) MEGA/USDlong | L +0.0001% / S +0.0023% | 1h | 0.04542 | long leg | $1K | — | 150x | |
| Nado MEGA-PERP | +0.0043% | 1h | 0.04544 | +0.033% | $195K | $139K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0049% | 4h | 0.04536 | −0.132% | $198K | $82K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0097% | 4h | 0.04538 | −0.088% | $3K | $2K | 10x | as long as short |
| Hyperliquid MEGA | +0.0100% | 1h | 0.04543 | +0.022% | $7.9M | $2.4M | 3x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04537 | −0.108% | $21K | $90K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04537 | −0.110% | $14K | $11K | 3x | as long as short |
Bybit MEGAUSDT
Coinbase International MEGA-PERP-INTX
Phoenix MEGA
Nado MEGA-PERP
BloFin MEGA-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MEGAUSDT | +0.0100% | 4h | 0.04536 | −0.132% | $4.0M | $12.9M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04535 | −0.154% | $902K | $2.9M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04540 | −0.044% | $141K | $8K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04535 | −0.154% | $204K | $321K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04535 | −0.154% | $681K | $400K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04537 | −0.110% | $238K | $114K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04536 | −0.132% | $1.0M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04535 | −0.154% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04543 | +0.022% | $18K | $52K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04536 | −0.138% | $334K | $235K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04540 | −0.044% | $28K | $2.4M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04539 | −0.066% | $24K | $224K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04542 | 0.000% | $1K | $1.7M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04535 | −0.157% | $130K | $805K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04542 | +0.006% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04542 | −0.007% | $3K | — | 45x | as long as short |
| Deribit MEGA_USDC-PERPETUALshort | +0.0763% | 1h | 0.04544 | +0.055% | $110 | $15 | 25x | |
| Lighter MEGA | +0.0824% | 1h | 0.04557 | +0.330% | $607K | $414K | 3x | as long as short |
Binance MEGAUSDT
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
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Lighter MEGA