Funding you earn now, next payment 02:00 UTC−0.0038%/8h= −4.1% APRpaid last 24h −0.007%
Price spread now: Nado against Gate−0.153%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$512as in the Price arb table
costs, in and out, $10k−$4964.959% of the position
Funding, last 3 days (all we have)−0.059%−$6 on $10k
+Price spread, last 4 days (all we have)+1.059%+$106 · spread now −0.153%, 7d avg +0.010%
=Together, before fees+1.000%+ Points / potential airdropNado: Active · farm board+$100 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Nado is 0.163% cheaper against Gate than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.010%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MEGA_USDT | 0.04580 | 0.0100 | pay 0.0050% / 4h | 2h 10m | $203K | $319K | 20x |
| Short | Nado MEGA-PERP | 0.04573 | 0.0062 | get 0.0008% / 1h | 10m 56s | $197K | $140K | 2x |
Gate MEGA_USDT
Nado MEGA-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Gate. 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
- −$7.88
- Price spread: −0.153% → +0.010%
- −$16.29
- Slippage, 4 orders
- −$473.9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$520.07
- Costs to cover
- 4.959%
- Break-even
- never at this rate
Slippage from Gate: live order book, 51 min ago; Nado: live order book, 56 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 Gate live order book, 51 min ago | 7.61 bp | 196.9 bp −$197 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 56 min ago | 4.32 bp | 22.5 bp −$22 | 129.5 bp −$1,295 | doesn't fit | doesn't fit |
MEGA on 27 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 | −0.0432% | 1h | 0.04490 | −1.956% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04572 | −0.179% | $1K | — | 150x | as long as short |
| Nado MEGA-PERPshort | +0.0062% | 1h | 0.04573 | −0.153% | $197K | $140K | 2x | |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04583 | +0.069% | $18K | $90K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04572 | −0.172% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04583 | +0.066% | $4.1M | $13.5M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04579 | −0.022% | $3.6M | $5.5M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04578 | −0.044% | $942K | $3.1M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04579 | −0.016% | $135K | $4K | 10x | as long as short |
| Gate MEGA_USDTlong | +0.0100% | 4h | 0.04580 | long leg | $203K | $319K | 20x |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USDShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04581 | +0.022% | $819K | $366K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04582 | +0.044% | $239K | $112K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04582 | +0.044% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04580 | 0.000% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04572 | −0.181% | $322K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04574 | −0.138% | $18K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04571 | −0.197% | $24K | $229K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04580 | 0.000% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04568 | −0.262% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04578 | −0.036% | $131K | $829K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04572 | −0.181% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0173% | 1h | 0.04579 | −0.022% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04572 | −0.166% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0685% | 1h | 0.04590 | +0.218% | $18K | $46K | 5x | as long as short |
| Lighter MEGA | +0.1288% | 1h | 0.04609 | +0.633% | $651K | $329K | 3x | as long as short |
| Hyperliquid MEGA | +0.1841% | 1h | 0.04598 | +0.400% | $7.9M | $2.5M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.2019% | 1h | 0.04594 | +0.306% | $111 | $15 | 25x | as long as short |
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Lighter MEGA
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL