MEGA

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.1094%/8h= +119.8% APRnext payment +$1.37 per $10,000 · paid last 24h +0.270%

Price spread now: Deribit against GMX+0.158%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Deribit

What this pair did over the last

the charts below follow

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 +$33 a day on $10k at the current rate, and Deribit is 0.158% dearer against GMX than usual: you sell high and buy low: +$16 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	GMX MEGA/USD [ETH-USDC]	0.04495	L +0.0236% / S −0.5353%	pay 0.0029% / 1h	20m 43s	$3K	—	45x
Short	Deribit MEGA_USDC-PERPETUAL	0.04502	0.1330	get 0.0166% / 1h	20m 43s	$109	$15	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee DeribitbpOrdersPrice spread, now +0.158%Rate

Funding earned: $229.7
Price spread: +0.158% → 0.000%: $15.8
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $226.49
Costs to cover: 0.190%
Break-even: 0.1 days

Slippage unknown: GMX: 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 GMX no order-book sample	—	—	—	—	—
Sell Deribit no order-book sample	—	—	—	—	—

GMX 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 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	−0.0288%	1h	0.04490	−0.093%	$5K	$12K	50x	as long as short
gTrade (Gains Network) MEGA/USD	L −0.0018% / S +0.0023%	1h	0.04494	−0.002%	$12K	—	150x	as long as short
Phoenix MEGA	0.0000%	1h	0.04499	+0.098%	$21K	$7K	5x	as long as short
Nado MEGA-PERP	+0.0051%	1h	0.04499	+0.109%	$194K	$151K	2x	as long as short
Orderly PERP_MEGA_USDC	+0.0098%	4h	0.04495	+0.009%	$3K	$2K	10x	as long as short
Aster MEGAUSDT	+0.0100%	4h	0.04495	+0.012%	$20K	$80K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	0.04500	+0.120%	$14K	$9K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04497	+0.044%	$4.0M	$12.7M	50x	as long as short
Bybit MEGAUSDT	+0.0100%	4h	0.04495	+0.009%	$3.5M	$4.9M	20x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04493	−0.036%	$920K	$2.9M	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bulk MEGA-USD	+0.0100%	1h	0.04500	+0.109%	$133K	$5K	10x	as long as short
Gate MEGA_USDT	+0.0100%	4h	0.04496	+0.031%	$191K	$311K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	0.04495	+0.009%	$775K	$355K	50x	as long as short
KuCoin MEGAUSDTM	+0.0100%	4h	0.04494	−0.013%	$237K	$112K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	0.04495	+0.009%	$1.1M	$1.4M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04495	+0.009%	—	$1.7M	—	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04469	−0.562%	$237K	$109K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04490	−0.102%	$21K	$1.7M	10x	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	0.04486	−0.191%	$25K	$229K	50x	as long as short
SunX MEGA-USDT	+0.0100%	4h	0.04496	+0.031%	$2K	$1.9M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04495	+0.019%	$127K	$613K	5x	as long as short
Backpack MEGA_USDC_PERP	+0.0119%	1h	0.04499	+0.098%	$18K	$41K	5x	as long as short
BloFin MEGA-USDT	+0.0127%	4h	0.04485	−0.214%	$196K	$76K	50x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	0.04495	+0.015%	$3	—	3x	as long as short
GMX MEGA/USD [ETH-USDC]long	L +0.0236% / S −0.5353%	1h	0.04495	long leg	$3K	—	45x
Hyperliquid MEGA	+0.1272%	1h	0.04508	+0.296%	$7.6M	$2.4M	3x	as long as short
Deribit MEGA_USDC-PERPETUALshort	+0.1330%	1h	0.04502	+0.158%	$109	$15	25x
Lighter MEGA	+0.2784%	1h	0.04518	+0.521%	$625K	$327K	3x	as long as short