Funding you earn now, next payment 22:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.005%
Price spread now: ApeX Omni against Nado−0.011%7-day average +0.036% · 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−$86as in the Price arb table
costs, in and out, $10k−$820.815% of the position
Funding, last 3 days (all we have)+0.055%+$5 on $10k
+Price spread, last 3 days (all we have)−0.347%−$35 · spread now −0.011%, 7d avg +0.036%
=Together, before fees−0.292%+ Points / potential airdropNado: Active · farm board−$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.048% cheaper against Nado than usual: you would sell low and buy high (spread −0.011% now, against its 7-day average of +0.036%). If the spread goes back, that is −$5 on $10k: about 6.6 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.055% in total) that is about 2.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MEGA-PERP | 0.04426 | 0.0076 | pay 0.0009% / 1h | 46m 31s | $191K | $151K | 2x |
| Short | ApeX Omni MEGAUSDT | 0.04425 | 0.0100 | get 0.0013% / 1h | 46m 31s | $24K | $229K | 50x |
Nado MEGA-PERP
ApeX Omni MEGAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Nado. 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
- $5.07
- Price spread: −0.011% → +0.036%
- −$4.75
- Slippage, 4 orders
- −$64.5
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$81.19
- Costs to cover
- 0.815%
- Break-even
- 119.2 days
Slippage from Nado: live order book, 41 min ago; ApeX Omni: live order book, 39 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 Nado live order book, 41 min ago | 3.35 bp | 23.1 bp −$23 | 117.2 bp −$1,172 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 39 min ago | 6.72 bp | 18.4 bp −$18 | 128.7 bp −$1,287 | 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 | −0.0288% | 1h | 0.04400 | −0.569% | $5K | $11K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04424 | −0.038% | $12K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04430 | +0.102% | $20K | $7K | 5x | as long as short |
| Nado MEGA-PERPlong | +0.0076% | 1h | 0.04426 | long leg | $191K | $151K | 2x | |
| Orderly PERP_MEGA_USDC | +0.0097% | 4h | 0.04424 | −0.034% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04421 | −0.101% | $19K | $80K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04420 | −0.115% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04416 | −0.214% | $3.9M | $12.7M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04412 | −0.305% | $3.4M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04412 | −0.305% | $904K | $2.8M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | +0.0100% | 1h | 0.04450 | +0.554% | $131K | $5K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04415 | −0.237% | $188K | $310K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04416 | −0.215% | $774K | $351K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04418 | −0.169% | $228K | $112K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04417 | −0.192% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04413 | −0.282% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04425 | −0.011% | $15K | $39K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04427 | +0.023% | $236K | $109K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04427 | +0.026% | $27K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDTshort | +0.0100% | 1h | 0.04425 | −0.011% | $24K | $229K | 50x | |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04426 | +0.011% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04415 | −0.234% | $126K | $613K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0105% | 4h | 0.04428 | +0.056% | $198K | $75K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04426 | +0.003% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0235% / S −0.5353% | 1h | 0.04422 | −0.075% | $3K | — | 45x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1219% | 1h | 0.04431 | +0.120% | $107 | $15 | 25x | as long as short |
| Hyperliquid MEGA | +0.1358% | 1h | 0.04432 | +0.154% | $7.5M | $2.4M | 3x | as long as short |
| Lighter MEGA | +0.1632% | 1h | 0.04439 | +0.305% | $597K | $299K | 3x | as long as short |
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
GRVT MEGA_USDT_Perp
SunX MEGA-USDT
Extended MEGA-USD
BloFin MEGA-USDT
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Deribit MEGA_USDC-PERPETUAL
Hyperliquid MEGA
Lighter MEGA