Settings8H · net · $10k
Funding arb · Price arb /

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.027%
Price spread now: Nado against gTrade (Gains Network)+0.035%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Nado is 0.035% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) MEGA/USD0.04626L +0.0001% / S +0.0023%pay 0.0000% / 1h28m 15s$1K150x
ShortNado MEGA-PERP0.046270.0059get 0.0007% / 1h28m 15s$201K$142K2x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against gTrade (Gains Network). 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

Funding earned
$12.37
Price spread: +0.035% → 0.000%
$3.48
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$3.15
Costs to cover
0.190%
Break-even
8.8 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Nado: live order book, 29 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell Nado live order book, 29 min ago3.29 bp21.8 bp −$22120.4 bp −$1,204doesn't fitdoesn't fit
gTrade (Gains Network): 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International MEGA-PERP-INTX−0.0744%1h0.04589−0.787%$5K$13K50xas long as short
gTrade (Gains Network) MEGA/USDlongL +0.0001% / S +0.0023%1h0.04626long leg$1K150x
Nado MEGA-PERPshort+0.0059%1h0.04627+0.035%$201K$142K2x
Hyperliquid MEGA+0.0100%1h0.04625−0.017%$8.0M$2.6M3xas long as short
Aster MEGAUSDT+0.0100%4h0.04629+0.066%$19K$90K5xas long as short
Pacifica MEGA+0.0100%1h0.04635+0.199%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04619−0.149%$4.1M$13.6M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04615−0.235%$3.6M$5.7M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04612−0.300%$945K$3.2M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04590−0.776%$136K$4K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04620−0.127%$200K$321K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04617−0.192%$814K$376K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04618−0.171%$237K$119K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04618−0.171%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04615−0.235%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04617−0.188%$326K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04628+0.046%$23K$1.8M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04621−0.106%$24K$230K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04621−0.106%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04620−0.127%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04620−0.131%$132K$824K5xas long as short
BloFin MEGA-USDT+0.0158%4h0.04632+0.132%$205K$96K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04624−0.035%$33xas long as short
Phoenix MEGA+0.0176%1h0.04613−0.279%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0238% / S −0.5353%1h0.04624−0.034%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0498%1h0.04620−0.127%$19K$50K5xas long as short
Lighter MEGA+0.0528%1h0.04641+0.327%$657K$340K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0745%1h0.04628+0.041%$112$1525xas long as short