Funding you earn now, next payment 05:00 UTC+0.5352%/8h= +586.1% APRnext payment +$6.69 per $10,000 · paid last 24h +1.477%
Price spread now: GMX against gTrade (Gains Network)+0.024%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$161 a day on $10k at the current rate, and GMX is 0.024% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$2 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 | 0.04568 | L +0.0001% / S +0.0023% | pay 0.0000% / 1h | 28m 15s | $1K | — | 150x |
| Short | GMX MEGA/USD [ETH-USDC] | 0.04569 | L +0.0237% / S −0.5353% | get 0.0669% / 1h | 28m 15s | $3K | — | 45x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $1,123.98
- Price spread: +0.024% → 0.000%
- $2.41
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $1,102.38
- Costs to cover
- 0.240%
- Break-even
- 0.1 days
Slippage unknown: gTrade (Gains Network): no order-book sample; GMX: 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 GMX no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and GMX: 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 | +0.471% | $5K | $12K | 50x | as long as short |
| Bybit MEGAUSDT | −0.0013% | 4h | 0.04570 | +0.044% | $3.5M | $5.8M | 20x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04592 | +0.525% | $21K | $7K | 5x | as long as short |
| gTrade (Gains Network) MEGA/USDlong | L +0.0001% / S +0.0023% | 1h | 0.04568 | long leg | $1K | — | 150x | |
| Nado MEGA-PERP | +0.0086% | 1h | 0.04570 | +0.044% | $197K | $144K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04572 | +0.095% | $19K | $91K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04579 | +0.241% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04570 | +0.044% | $4.1M | $13.7M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04567 | −0.022% | $931K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04599 | +0.669% | $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 | 0.04571 | +0.066% | $203K | $326K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04572 | +0.088% | $801K | $376K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04570 | +0.044% | $233K | $119K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04570 | +0.044% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04567 | −0.022% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04592 | +0.530% | $324K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04595 | +0.590% | $29K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04593 | +0.547% | $24K | $230K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04569 | +0.022% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04568 | 0.000% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04567 | −0.018% | $128K | $821K | 5x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0106% | 1h | 0.04585 | +0.372% | $18K | $53K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0128% | 4h | 0.04590 | +0.482% | $203K | $95K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04568 | −0.007% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC]short | L +0.0237% / S −0.5353% | 1h | 0.04569 | +0.024% | $3K | — | 45x | |
| Hyperliquid MEGA | +0.0336% | 1h | 0.04579 | +0.232% | $7.9M | $2.6M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0844% | 1h | 0.04574 | +0.127% | $111 | $15 | 25x | as long as short |
| Lighter MEGA | +0.0920% | 1h | 0.04592 | +0.525% | $650K | $341K | 3x | as long as short |
gTrade (Gains Network) MEGA/USD
GMX MEGA/USD [ETH-USDC]
Coinbase International MEGA-PERP-INTX
Bybit MEGAUSDT
Phoenix MEGA
Aster MEGAUSDT
Pacifica MEGA
Binance 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
Extended MEGA-USD
Backpack MEGA_USDC_PERP
BloFin MEGA-USDT
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL
Lighter MEGA