Funding you earn now, next payment 00:00 UTC−0.1316%/8h= −144.0% APRnext payment −$1.64 per $10,000 · paid last 24h −0.297%
Price spread now: Nado against Deribit−0.131%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$39 a day on $10k at the current rate, and Nado is 0.131% cheaper against Deribit than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MEGA_USDC-PERPETUAL | 0.04517 | 0.1413 | pay 0.0177% / 1h | 32m 15s | $109 | $15 | 25x |
| Short | Nado MEGA-PERP | 0.04511 | 0.0098 | get 0.0012% / 1h | 32m 15s | $195K | $135K | 2x |
Deribit MEGA_USDC-PERPETUAL
Nado MEGA-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Deribit. 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
- −$276.26
- Price spread: −0.131% → 0.000%
- −$13.06
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$303.32
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Nado: live order book, 45 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 45 min ago | 4.47 bp | 19.7 bp −$20 | 117.9 bp −$1,179 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04509 | −0.167% | $12K | — | 150x | as long as short |
| BloFin MEGA-USDT | +0.0078% | 4h | 0.04527 | +0.224% | $196K | $77K | 50x | as long as short |
| Nado MEGA-PERPshort | +0.0098% | 1h | 0.04511 | −0.131% | $195K | $135K | 2x | |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04510 | −0.153% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04512 | −0.114% | $18K | $83K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04521 | +0.093% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04510 | −0.158% | $3.9M | $12.8M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04502 | −0.330% | $3.5M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04506 | −0.241% | $920K | $2.9M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04505 | −0.263% | $133K | $5K | 10x | as long as short |
gTrade (Gains Network) MEGA/USD
BloFin MEGA-USDT
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.0100% | 4h | 0.04510 | −0.153% | $193K | $309K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04508 | −0.197% | $767K | $352K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04515 | −0.042% | $238K | $114K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04505 | −0.263% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04502 | −0.330% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04497 | −0.430% | $226K | $133K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04504 | −0.289% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04506 | −0.241% | $25K | $230K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04511 | −0.131% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04510 | −0.148% | $128K | $613K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04510 | −0.142% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04510 | −0.157% | $3K | — | 45x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.0296% | 1h | 0.04490 | −0.587% | $5K | $12K | 50x | as long as short |
| Phoenix MEGA | +0.0355% | 1h | 0.04504 | −0.286% | $21K | $7K | 5x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0664% | 1h | 0.04514 | −0.064% | $18K | $41K | 5x | as long as short |
| Hyperliquid MEGA | +0.1164% | 1h | 0.04523 | +0.135% | $7.7M | $2.4M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUALlong | +0.1413% | 1h | 0.04517 | long leg | $109 | $15 | 25x | |
| Lighter MEGA | +0.1544% | 1h | 0.04531 | +0.312% | $637K | $319K | 3x | as long as short |
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Coinbase International MEGA-PERP-INTX
Phoenix MEGA
Backpack MEGA_USDC_PERP
Hyperliquid MEGA
Lighter MEGA