Funding you earn now, next payment 06:00 UTC−0.0260%/8h= −28.5% APRpaid last 24h −0.247%
Price spread now: Aster against Lighter−0.282%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Aster is 0.282% cheaper against Lighter than usual: you would sell low and buy high (−$28 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 | Lighter MEGA | 0.04510 | 0.0360 | pay 0.0045% / 1h | 22m 58s | $615K | $366K | 3x |
| Short | Aster MEGAUSDT | 0.04497 | 0.0100 | get 0.0050% / 4h | 2h 22m | $18K | $91K | 5x |
Lighter MEGA
Aster MEGAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Lighter. 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
- −$54.6
- Price spread: −0.282% → 0.000%
- −$28.16
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$90.76
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 18 min ago; Aster: 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 Lighter live order book, 18 min ago | 23.33 bp | 58.7 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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 | −0.0048% | 1h | 0.04589 | +1.763% | $5K | $12K | 50x | as long as short |
| Bybit MEGAUSDT | −0.0046% | 4h | 0.04494 | −0.355% | $3.4M | $5.9M | 20x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04491 | −0.425% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0058% | 1h | 0.04489 | −0.477% | $193K | $141K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0099% | 4h | 0.04491 | −0.421% | $198K | $93K | 50x | as long as short |
| Aster MEGAUSDTshort | +0.0100% | 4h | 0.04497 | −0.282% | $18K | $91K | 5x | |
| Pacifica MEGA | +0.0100% | 1h | 0.04493 | −0.379% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04498 | −0.274% | $3.9M | $13.7M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04494 | −0.355% | $911K | $3.1M | 20x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04490 | −0.443% | $201K | $331K | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
Bybit MEGAUSDT
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
BloFin MEGA-USDT
Pacifica MEGA
Binance 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 | 0.04497 | −0.288% | $812K | $398K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04493 | −0.377% | $227K | $120K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04495 | −0.333% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04496 | −0.310% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04492 | −0.399% | $18K | $56K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04482 | −0.615% | $316K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04492 | −0.399% | $28K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04484 | −0.576% | $23K | $228K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04490 | −0.443% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04488 | −0.488% | $1K | $1.9M | 10x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04501 | −0.209% | $133K | $111 | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04496 | −0.304% | $126K | $431K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04488 | −0.493% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0177% | 1h | 0.04492 | −0.399% | $20K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04490 | −0.448% | $3K | — | 45x | as long as short |
| Lighter MEGAlong | +0.0360% | 1h | 0.04510 | long leg | $615K | $366K | 3x | |
| Hyperliquid MEGA | +0.0420% | 1h | 0.04500 | −0.215% | $7.8M | $2.6M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0507% | 1h | 0.04493 | −0.368% | $109 | $15 | 25x | as long as short |
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Bulk MEGA-USD
Extended MEGA-USD
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL