Funding you earn now, next payment 02:00 UTC−0.0900%/8h= −98.5% APRpaid last 24h +0.182%
Price spread now: Coinbase International against KuCoin−2.106%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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and Coinbase International is 2.106% cheaper against KuCoin than usual: you would sell low and buy high (−$211 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 | KuCoin MEGAUSDTM | 0.04587 | 0.0100 | pay 0.0050% / 4h | 1h 10m | $231K | $117K | 50x |
| Short | Coinbase International MEGA-PERP-INTX | 0.04490 | −0.0800 | pay 0.0100% / 1h | 10m 39s | $5K | $12K | 50x |
KuCoin MEGAUSDTM
Coinbase International MEGA-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against KuCoin. 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
- −$189
- Price spread: −2.106% → 0.000%
- −$210.6
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$421.6
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 10 min ago; Coinbase International: 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 KuCoin live order book, 10 min ago | 17.46 bp | 259.3 bp −$259 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: 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-INTXshort | −0.0800% | 1h | 0.04490 | −2.106% | $5K | $12K | 50x | |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04584 | −0.069% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0061% | 1h | 0.04583 | −0.087% | $198K | $141K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0092% | 4h | 0.04580 | −0.153% | $203K | $94K | 50x | as long as short |
| Hyperliquid MEGA | +0.0100% | 1h | 0.04596 | +0.190% | $7.9M | $2.6M | 3x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04588 | +0.017% | $18K | $89K | 5x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04586 | −0.018% | $4.1M | $13.6M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04587 | 0.000% | $3.6M | $5.6M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04584 | −0.065% | $940K | $3.1M | 20x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04586 | −0.022% | $203K | $318K | 20x | as long as short |
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
BloFin MEGA-USDT
Hyperliquid MEGA
Aster MEGAUSDT
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Gate MEGA_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04586 | −0.022% | $819K | $368K | 50x | as long as short |
| KuCoin MEGAUSDTMlong | +0.0100% | 4h | 0.04587 | long leg | $231K | $117K | 50x | |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04587 | 0.000% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04587 | 0.000% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04581 | −0.139% | $323K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04578 | −0.200% | $25K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04580 | −0.153% | $24K | $231K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04584 | −0.065% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04584 | −0.065% | $2K | $1.9M | 10x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04600 | +0.283% | $136K | $4K | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04586 | −0.015% | $130K | $821K | 5x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0157% | 1h | 0.04590 | +0.065% | $18K | $46K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04584 | −0.072% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0175% | 1h | 0.04576 | −0.240% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04584 | −0.065% | $3K | — | 45x | as long as short |
| Pacifica MEGA | +0.0245% | 1h | 0.04588 | +0.020% | $14K | $9K | 3x | as long as short |
| Lighter MEGA | +0.0584% | 1h | 0.04609 | +0.480% | $652K | $336K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1429% | 1h | 0.04594 | +0.161% | $111 | $15 | 25x | as long as short |
MEXC MEGA_USDT
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
Backpack MEGA_USDC_PERP
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Pacifica MEGA
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL