Funding you earn now, next payment 06:00 UTC−0.0039%/8h= −4.3% APRpaid last 24h −0.009%
Price spread now: Nado against BingX+0.067%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1231.226% of the position
Funding, last 3 days (all we have)−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)+0.125%+$12 · spread now +0.067%, 7d avg +0.034%
=Together, before fees+0.064%+ Points / potential airdropNado: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.032% dearer against BingX than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of +0.034%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MEGA-USDT | 0.04510 | 0.0100 | pay 0.0050% / 4h | 2h 44m | — | $1.7M | — |
| Short | Nado MEGA-PERP | 0.04513 | 0.0061 | get 0.0008% / 1h | 44m 05s | $195K | $141K | 2x |
BingX MEGA-USDT
Nado MEGA-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against BingX. 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
- −$8.21
- Price spread: +0.067% → +0.034%
- $3.24
- Slippage, 4 orders
- −$105.63
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$127.61
- Costs to cover
- 1.226%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Nado: live order book, 3 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 BingX live order book, 9 min ago | 16.56 bp | 42.5 bp −$42 | 103.0 bp −$1,030 | 949.0 bp −$94.9K | 1390.3 bp −$695.2K |
| Sell Nado live order book, 3 min ago | 2.21 bp | 19.3 bp −$19 | 103.8 bp −$1,038 | 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 | −0.0048% | 1h | 0.04589 | +1.763% | $5K | $12K | 50x | as long as short |
| Bybit MEGAUSDT | 0.0000% | 4h | 0.04509 | −0.022% | $3.5M | $5.8M | 20x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04510 | −0.003% | $1K | — | 150x | as long as short |
| Nado MEGA-PERPshort | +0.0061% | 1h | 0.04513 | +0.067% | $195K | $141K | 2x | |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04510 | −0.010% | $18K | $91K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04515 | +0.109% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04510 | −0.002% | $4.0M | $13.7M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04506 | −0.089% | $919K | $3.1M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04530 | +0.444% | $134K | $111 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04510 | 0.000% | $200K | $325K | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
Bybit MEGAUSDT
gTrade (Gains Network) MEGA/USD
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04509 | −0.022% | $807K | $383K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04510 | 0.000% | $229K | $118K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04510 | 0.000% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDTlong | +0.0100% | 4h | 0.04510 | long leg | — | $1.7M | — | |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04513 | +0.067% | $18K | $54K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04510 | −0.006% | $318K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04519 | +0.200% | $28K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04518 | +0.177% | $23K | $228K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04510 | 0.000% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04510 | 0.000% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04509 | −0.027% | $126K | $430K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0117% | 4h | 0.04515 | +0.111% | $200K | $93K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04509 | −0.016% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0177% | 1h | 0.04518 | +0.177% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04510 | −0.004% | $3K | — | 45x | as long as short |
| Lighter MEGA | +0.0392% | 1h | 0.04530 | +0.443% | $631K | $352K | 3x | as long as short |
| Hyperliquid MEGA | +0.0489% | 1h | 0.04517 | +0.160% | $7.8M | $2.6M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0903% | 1h | 0.04516 | +0.126% | $109 | $15 | 25x | as long as short |
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
Backpack MEGA_USDC_PERP
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]
Lighter MEGA
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL