MEGA

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0327%/8h= −35.8% APRnext payment −$0.41 per $10,000 · paid last 24h +0.092%

Price spread now: Coinbase International against Reya+1.497%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. Coinbase International is 1.497% dearer against Reya than usual: you sell high and buy low (spread +1.497% now, against zero (this spread has no 7-day history yet)): +$150 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 15 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya MEGARUSDPERP	0.04522	0.0159	pay 0.0020% / 1h	48m 49s	$3	—	3x
Short	Coinbase International MEGA-PERP-INTX	0.04589	−0.0168	pay 0.0021% / 1h	48m 49s	$5K	$12K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Reya. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ReyabpFee Coinbase InternationalbpOrdersPrice spread, now +1.497%Rate

Funding earned: −$68.66
Price spread: +1.497% → 0.000%: $149.73
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $65.07
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample	—	—	—	—	—
Sell Coinbase International no order-book sample	—	—	—	—	—

Reya and 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 exchanges

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	−0.0168%	1h	0.04589	+1.497%	$5K	$12K	50x
Bybit MEGAUSDT	−0.0138%	4h	0.04523	+0.027%	$3.5M	$5.4M	20x	as long as short
Phoenix MEGA	0.0000%	1h	0.04533	+0.248%	$21K	$7K	5x	as long as short
gTrade (Gains Network) MEGA/USD	L +0.0001% / S +0.0023%	1h	0.04516	−0.137%	$1K	—	150x	as long as short
ApeX Omni MEGAUSDT	+0.0038%	1h	0.04529	+0.159%	$23K	$225K	50x	as long as short
BloFin MEGA-USDT	+0.0055%	4h	0.04527	+0.115%	$201K	$82K	50x	as long as short
Nado MEGA-PERP	+0.0076%	1h	0.04514	−0.161%	$194K	$140K	2x	as long as short
Orderly PERP_MEGA_USDC	+0.0097%	4h	0.04514	−0.172%	$3K	$2K	10x	as long as short
Hyperliquid MEGA	+0.0100%	1h	0.04529	+0.166%	$7.8M	$2.4M	3x	as long as short
Aster MEGAUSDT	+0.0100%	4h	0.04527	+0.111%	$21K	$89K	5x	as long as short

Show all 28 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica MEGA	+0.0100%	1h	0.04524	+0.051%	$14K	$11K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04525	+0.072%	$3.9M	$13.0M	50x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04521	−0.018%	$901K	$3.0M	20x	as long as short
Bulk MEGA-USD	+0.0100%	1h	0.04545	+0.516%	$141K	$8K	10x	as long as short
Gate MEGA_USDT	+0.0100%	4h	0.04525	+0.071%	$204K	$320K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	0.04527	+0.115%	$682K	$394K	50x	as long as short
KuCoin MEGAUSDTM	+0.0100%	4h	0.04524	+0.049%	$238K	$114K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	0.04528	+0.137%	$1.0M	$1.4M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04521	−0.018%	—	$1.7M	—	as long as short
Backpack MEGA_USDC_PERP	+0.0100%	1h	0.04523	+0.027%	$18K	$52K	5x	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04526	+0.089%	$333K	$235K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04528	+0.142%	$21K	$2.4M	10x	as long as short
SunX MEGA-USDT	+0.0100%	4h	0.04517	−0.106%	$878	$1.7M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04524	+0.048%	$126K	$794K	5x	as long as short
Reya MEGARUSDPERPlong	+0.0159%	1h	0.04522	long leg	$3	—	3x
GMX MEGA/USD [ETH-USDC]	L +0.0237% / S −0.5353%	1h	0.04517	−0.102%	$3K	—	45x	as long as short
Lighter MEGA	+0.0464%	1h	0.04536	+0.314%	$604K	$414K	3x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.1986%	1h	0.04527	+0.113%	$110	$15	25x	as long as short