Funding you earn now, next payment 04:00 UTC+0.0468%/8h= +51.2% APRpaid last 24h +0.234%
Price spread now: Lighter against MEXC+0.519%7-day average +0.281% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$1101.098% of the position
Funding, last 7 days+0.347%+$35 on $10k
+Price spread, last 4 days (all we have)−0.467%−$47 · spread now +0.519%, 7d avg +0.281%
=Together, before fees−0.120%+ Points / potential airdropLighter: Season 3 · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Lighter is 0.238% dearer against MEXC than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.281%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MEGA_USDT | 0.04624 | 0.0100 | pay 0.0050% / 4h | 23m 17s | $816K | $376K | 50x |
| Short | Lighter MEGA | 0.04648 | 0.0568 | get 0.0071% / 1h | 23m 17s | $658K | $340K | 3x |
MEXC MEGA_USDT
Lighter MEGAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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
- $98.28
- Price spread: +0.519% → +0.281%
- $23.78
- Slippage, 4 orders
- −$109.78
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $12.28
- Costs to cover
- 1.098%
- Break-even
- 6.1 days
Slippage from MEXC: live order book, 27 min ago; Lighter: live order book, 27 min ago.
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 MEXC live order book, 27 min ago | 4.37 bp | 11.8 bp −$12 | 42.6 bp −$426 | 201.4 bp −$20.1K | doesn't fit |
| Sell Lighter live order book, 27 min ago | 25.00 bp | 40.7 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0744% | 1h | 0.04589 | −0.746% | $5K | $13K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04622 | −0.043% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0066% | 1h | 0.04621 | −0.054% | $200K | $142K | 2x | as long as short |
| Hyperliquid MEGA | +0.0100% | 1h | 0.04633 | +0.188% | $8.0M | $2.6M | 3x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04624 | +0.001% | $19K | $90K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04626 | +0.037% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04624 | +0.009% | $4.1M | $13.6M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04620 | −0.087% | $3.6M | $5.7M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04617 | −0.151% | $946K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04630 | +0.130% | $137K | $4K | 10x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Hyperliquid MEGA
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 | 0.04623 | −0.022% | $200K | $321K | 20x | as long as short |
| MEXC MEGA_USDTlong | +0.0100% | 4h | 0.04624 | long leg | $816K | $376K | 50x | |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04624 | 0.000% | $237K | $119K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04624 | 0.000% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04620 | −0.087% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04615 | −0.191% | $326K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04619 | −0.108% | $23K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04628 | +0.087% | $24K | $230K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04622 | −0.043% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04621 | −0.065% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04619 | −0.102% | $132K | $824K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0126% | 4h | 0.04618 | −0.130% | $203K | $96K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04621 | −0.071% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0176% | 1h | 0.04629 | +0.108% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0238% / S −0.5353% | 1h | 0.04622 | −0.052% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0504% | 1h | 0.04629 | +0.108% | $19K | $51K | 5x | as long as short |
| Lighter MEGAshort | +0.0568% | 1h | 0.04648 | +0.519% | $658K | $340K | 3x | |
| Deribit MEGA_USDC-PERPETUAL | +0.0940% | 1h | 0.04628 | +0.087% | $112 | $15 | 25x | as long as short |
Gate MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
BloFin MEGA-USDT
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Deribit MEGA_USDC-PERPETUAL