Funding you earn now, next payment 01:00 UTC+0.0730%/8h= +79.9% APRnext payment +$0.91 per $10,000 · paid last 24h +0.231%
Price spread now: Lighter against gTrade (Gains Network)+0.216%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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Lighter is 0.216% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$22 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 | 0.04531 | L −0.0018% / S +0.0023% | get 0.0002% / 1h | 55m 34s | $12K | — | 150x |
| Short | Lighter MEGA | 0.04541 | 0.0712 | get 0.0089% / 1h | 55m 34s | $639K | $320K | 3x |
gTrade (Gains Network) MEGA/USD
Lighter MEGAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $153.23
- Price spread: +0.216% → 0.000%
- $21.56
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $162.79
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 10 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 10 min ago | 26.48 bp | 75.4 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni MEGAUSDT | −0.1047% | 1h | 0.04521 | −0.226% | $25K | $231K | 50x | as long as short |
| Coinbase International MEGA-PERP-INTX | −0.0048% | 1h | 0.04490 | −0.901% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USDlong | L −0.0018% / S +0.0023% | 1h | 0.04531 | long leg | $12K | — | 150x | |
| BloFin MEGA-USDT | +0.0066% | 4h | 0.04518 | −0.292% | $196K | $77K | 50x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04521 | −0.224% | $18K | $86K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04523 | −0.186% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04518 | −0.281% | $3.9M | $13.1M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04517 | −0.314% | $3.5M | $5.2M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04514 | −0.380% | $926K | $3.0M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04527 | −0.092% | $134K | $4K | 10x | as long as short |
ApeX Omni MEGAUSDT
Coinbase International MEGA-PERP-INTX
BloFin MEGA-USDT
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.0100% | 4h | 0.04517 | −0.314% | $198K | $311K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04517 | −0.314% | $769K | $350K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04520 | −0.248% | $238K | $115K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04517 | −0.314% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04517 | −0.314% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04539 | +0.171% | $18K | $41K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04527 | −0.085% | $318K | $227K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04519 | −0.271% | $28K | $1.7M | 10x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04531 | −0.005% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04533 | +0.039% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04517 | −0.321% | $128K | $609K | 5x | as long as short |
| Nado MEGA-PERP | +0.0105% | 1h | 0.04519 | −0.270% | $195K | $136K | 2x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04514 | −0.372% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04531 | −0.009% | $3K | — | 45x | as long as short |
| Phoenix MEGA | +0.0355% | 1h | 0.04524 | −0.160% | $21K | $7K | 5x | as long as short |
| Hyperliquid MEGA | +0.0605% | 1h | 0.04535 | +0.094% | $7.7M | $2.4M | 3x | as long as short |
| Lighter MEGAshort | +0.0712% | 1h | 0.04541 | +0.216% | $639K | $320K | 3x | |
| Deribit MEGA_USDC-PERPETUAL | +0.1956% | 1h | 0.04543 | +0.260% | $110 | $15 | 25x | as long as short |
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
GRVT MEGA_USDT_Perp
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
Nado MEGA-PERP
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Phoenix MEGA
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL