Funding you earn now, next payment 12:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against Variational Omni−0.019%71s7-day average +0.124% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.005%$0 on $10k
+Price spread, last 4 days (all we have)+1.255%+$126 · spread now −0.019%, 7d avg +0.124%
=Together, before fees+1.260%+ Points / potential airdropVariational Omni: Active · farm board+$126 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.143% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.124%). If the spread goes back, that is −$14 on $10k: about 23 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.005% in total) that is about 4 months. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MEGA | 0.04592 | 0.0100 | pay 0.0050% / 4h | 3h 57m | $324K | $223K | — |
| Short | BloFin MEGA-USDT | 0.04591 | 0.0120 | get 0.0060% / 4h | 3h 57m | $203K | $96K | 50x |
Variational Omni MEGA
BloFin MEGA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Variational Omni. 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
- $4.3
- Price spread: −0.019% → +0.124%
- −$14.35
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$22.04
- Costs to cover
- 0.120%
- Break-even
- 42.9 days
Slippage unknown: Variational Omni: RFQ quote, 41 min ago; BloFin: live order book, 8 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 Variational Omni RFQ quote, 41 min ago | 6.55 bp | doesn't fit | 229.3 bp −$2,293 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 8 min ago | 3.27 bp | 27.9 bp −$28 | 92.1 bp −$921 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MEGAUSDT | −0.0307% | 4h | 0.04583 | −0.193% | $3.5M | $5.9M | 20x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04587 | −0.108% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0038% | 1h | 0.04587 | −0.106% | $197K | $140K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04583 | −0.197% | $20K | $96K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04591 | −0.021% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04581 | −0.236% | $4.1M | $13.8M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04580 | −0.259% | $919K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04590 | −0.041% | $136K | −$0 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04584 | −0.172% | $206K | $321K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04583 | −0.193% | $759K | $400K | 50x | as long as short |
Bybit MEGAUSDT
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04585 | −0.150% | $244K | $124K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04584 | −0.172% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04580 | −0.259% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04586 | −0.128% | $17K | $55K | 5x | as long as short |
| Variational Omni MEGAlong | +0.0100% | 4h | 0.04592 | long leg | $324K | $223K | — | |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04593 | +0.024% | $22K | $2.0M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04604 | +0.264% | $24K | $226K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04584 | −0.172% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04583 | −0.193% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04581 | −0.241% | $129K | $799K | 5x | as long as short |
| BloFin MEGA-USDTshort | +0.0120% | 4h | 0.04591 | −0.019% | $203K | $96K | 50x | |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04587 | −0.109% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0175% | 1h | 0.04608 | +0.351% | $21K | $6K | 5x | as long as short |
| Hyperliquid MEGA | +0.0229% | 1h | 0.04591 | −0.024% | $7.9M | $2.6M | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0238% / S −0.5353% | 1h | 0.04587 | −0.117% | $3K | — | 45x | as long as short |
| Lighter MEGA | +0.0832% | 1h | 0.04605 | +0.286% | $615K | $380K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0905% | 1h | 0.04594 | +0.057% | $111 | $15 | 25x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.1296% | 1h | 0.04589 | −0.052% | $5K | $12K | 50x | as long as short |
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
Phoenix MEGA
Hyperliquid MEGA
GMX MEGA/USD [ETH-USDC]
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL
Coinbase International MEGA-PERP-INTX