Funding you earn now, next payment 01:00 UTC+0.2457%/8h= +269.1% APRnext payment +$3.07 per $10,000 · paid last 24h +0.303%
Price spread now: Deribit against Pacifica+0.252%7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$74 a day on $10k at the current rate, and Deribit is 0.252% dearer against Pacifica than usual: you sell high and buy low: +$25 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 | Pacifica MEGA | 0.04597 | 0.0100 | pay 0.0013% / 1h | 13m 59s | $14K | $9K | 3x |
| Short | Deribit MEGA_USDC-PERPETUAL | 0.04608 | 0.2557 | get 0.0320% / 1h | 13m 59s | $112 | $15 | 25x |
Pacifica MEGA
Deribit MEGA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Pacifica. 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
- $515.99
- Price spread: +0.252% → 0.000%
- $25.23
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $526.22
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Pacifica: 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Pacifica 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 | −0.0048% | 1h | 0.04490 | −2.315% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04596 | −0.018% | $13K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04589 | −0.170% | $21K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0037% | 1h | 0.04599 | +0.059% | $199K | $136K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0081% | 4h | 0.04591 | −0.126% | $199K | $78K | 50x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04596 | −0.022% | $20K | $87K | 5x | as long as short |
| Pacifica MEGAlong | +0.0100% | 1h | 0.04597 | long leg | $14K | $9K | 3x | |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04595 | −0.039% | $4.0M | $13.2M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04594 | −0.061% | $3.6M | $5.3M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04592 | −0.104% | $937K | $3.0M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Nado MEGA-PERP
BloFin MEGA-USDT
Aster MEGAUSDT
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.0100% | 4h | 0.04593 | −0.083% | $201K | $314K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04593 | −0.083% | $857K | $362K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04597 | +0.004% | $241K | $116K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04593 | −0.083% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04593 | −0.083% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04584 | −0.272% | $323K | $227K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04585 | −0.252% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04584 | −0.278% | $25K | $231K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04596 | −0.017% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04596 | −0.017% | $2K | $1.9M | 10x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04565 | −0.692% | $135K | $4K | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04591 | −0.126% | $132K | $819K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04598 | +0.022% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04595 | −0.041% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0302% | 1h | 0.04601 | +0.091% | $18K | $41K | 5x | as long as short |
| Lighter MEGA | +0.0928% | 1h | 0.04617 | +0.439% | $649K | $325K | 3x | as long as short |
| Hyperliquid MEGA | +0.1108% | 1h | 0.04609 | +0.272% | $7.9M | $2.4M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUALshort | +0.2557% | 1h | 0.04608 | +0.252% | $112 | $15 | 25x |
Gate MEGA_USDT
MEXC 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
Bulk MEGA-USD
Extended MEGA-USD
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Lighter MEGA
Hyperliquid MEGA