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

MEGA

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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
LighterMEGA
0.04619+0.0096pay 0.0012% / 1h6m 18s$205K$601K3xLong Lighter7d free
SHORT
NadoMEGA-PERP
0.04626−0.0064pay 0.0008% / 1h6m 18s$133K$31K2xShort Nado20% off
Price gap+0.157%
Funding gap−0.0160% /8h

The gap pays +$27 on $10k if it goes back to its 7d average, but funding costs $5 a day and eats that in about 5.6 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$49−0.0160% /8h now · paid −0.489% over the last 7D
Price+$27spread +0.157% now, avg −0.112% → +0.269% if it goes back
Costs−$810.806% of $10k · taker + slippage, in and out
Result−$103−1.03%+ Points / potential airdropLighter: Season 3 · Nado: points · farm board

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.157%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MEGA on 24 exchanges

lowest funding first

Before you open

4 ok · 2 to watch
  • Watch: Thin at this size21.6 / 20.6 bp
    At $10k entering Lighter costs 21.6 bp, fee and slippage, 1.0× Nado’s.
  • Note: Margin at max leverage$3,333 + $5,000
    Lighter 3x, Nado 2x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$4.80Long Lighter: 24 payments, −$2.88; short Nado: 24 payments, −$1.92.
  • OK: Entry gap works for you+0.157% vs −0.112%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$133K vs $205K OI
    Nado sets your exit cost. Check its book before closing.
  • OK: Points on a legLighter Season 3 · Nado points
    Volume here counts toward the points program.
  • OK: No KYC on either legLighter No · Nado No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0233%/8h × 21 periods−$48.94
Price spread+0.157% → −0.112% (7d avg)+$26.93
Slippage, 4 orderslive order books−$73.62
Fee Lighter bp × 2 orders$0.00
Fee Nado bp × 2 orders−$7.00
Net · 7 days · $10k−$102.62
Costs to cover0.806%Break-evennever at this rate
Slippage: Lighter: live order book, 22 min ago; Nado: live order book, 29 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGLighter5.4321.6 bp−$22687.7 bp−$6,877doesn’t fitdoesn’t fit
SELL · SHORTNado5.4620.6 bp−$2195.0 bp−$950doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

MEGA news

posts that mention MEGA, from every exchange
09-28 19:25AvantisOtherWeek 2 is going to hit harder. Bigger pool. Sharper week. Exciting surprises on the way (including a MEGA boost today). @verantaxyz on X ↗