Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Orderly+0.267%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 airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.267% dearer against Orderly than usual: you sell high and buy low, +$27 on $10k if it 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 | Orderly PERP_MEGA_USDC | 0.04570 | 0.0100 | pay 0.0050% / 4h | 48m 43s | $3K | $2K | 10x |
| Short | Variational Omni MEGA | 0.04582 | 0.0100 | get 0.0050% / 4h | 48m 43s | $323K | $226K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Orderly. 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
- $0
- Price spread: +0.267% → 0.000%
- $26.69
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $20.69
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 10 min ago | 4.40 bp | doesn't fit | 134.2 bp −$1,342 | doesn't fit | doesn't fit |
Orderly: 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 | −0.0744% | 1h | 0.04589 | +0.427% | $5K | $13K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04572 | +0.039% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0048% | 1h | 0.04571 | +0.022% | $198K | $142K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0095% | 4h | 0.04576 | +0.131% | $202K | $94K | 50x | as long as short |
| Hyperliquid MEGA | +0.0100% | 1h | 0.04585 | +0.333% | $7.9M | $2.6M | 3x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04575 | +0.119% | $19K | $90K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04580 | +0.210% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04579 | +0.201% | $4.1M | $13.6M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04575 | +0.109% | $3.6M | $5.6M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04576 | +0.131% | $937K | $3.1M | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.0100% | 4h | 0.04580 | +0.219% | $199K | $319K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04580 | +0.219% | $819K | $369K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04579 | +0.197% | $230K | $119K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04579 | +0.197% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04578 | +0.175% | — | $1.7M | — | as long as short |
| Variational Omni MEGAshort | +0.0100% | 4h | 0.04582 | +0.267% | $323K | $226K | — | |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04606 | +0.777% | $24K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04585 | +0.328% | $24K | $231K | 50x | as long as short |
| Orderly PERP_MEGA_USDClong | +0.0100% | 4h | 0.04570 | long leg | $3K | $2K | 10x | |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04570 | 0.000% | $2K | $1.9M | 10x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04550 | −0.438% | $134K | $4K | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04577 | +0.159% | $128K | $821K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04569 | −0.016% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0176% | 1h | 0.04599 | +0.635% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04571 | +0.013% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0479% | 1h | 0.04574 | +0.088% | $18K | $48K | 5x | as long as short |
| Lighter MEGA | +0.0584% | 1h | 0.04602 | +0.700% | $651K | $337K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0691% | 1h | 0.04576 | +0.123% | $111 | $15 | 25x | as long as short |
Variational Omni MEGA
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
BloFin MEGA-USDT
Hyperliquid MEGA
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Bulk MEGA-USD
Extended MEGA-USD
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL