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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0057%/8h= +6.3% APRpaid last 24h +0.006%
Price spread now: Aster against Nado0.000%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 · Aster: Stage 5 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MEGA-PERP0.044610.0043pay 0.0005% / 1h41m 24s$193K$152K2x
ShortAster MEGAUSDT0.044610.0100get 0.0050% / 4h1h 41m$18K$82K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Nado. 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
$12.06
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Aster: 4 bp × 2 orders
−$8
Net
−$2.94
Costs to cover
0.150%
Break-even
8.7 days
Slippage unknown: Nado: live order book, 41 min ago; Aster: no order-book sample. 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 Nado live order book, 41 min ago2.22 bp18.5 bp −$18103.2 bp −$1,032doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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−0.0144%1h0.04490+0.659%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04453−0.175%$12K150xas long as short
Nado MEGA-PERPlong+0.0043%1h0.04461long leg$193K$152K2x
Orderly PERP_MEGA_USDC+0.0098%4h0.04454−0.157%$3K$2K10xas long as short
Aster MEGAUSDTshort+0.0100%4h0.044610.000%$18K$82K5x
Pacifica MEGA+0.0100%1h0.04465+0.099%$14K$8K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04457−0.090%$3.9M$12.8M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04452−0.202%$3.4M$4.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04454−0.157%$911K$2.9M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04455−0.134%$131K$5K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04455−0.134%$190K$310K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04456−0.112%$761K$346K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04459−0.045%$235K$113K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04459−0.045%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04454−0.157%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04444−0.379%$223K$135Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04453−0.171%$22K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04450−0.247%$24K$229K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04462+0.022%$2K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04462+0.015%$126K$613K5xas long as short
BloFin MEGA-USDT+0.0117%4h0.04455−0.134%$197K$76K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04457−0.087%$33xas long as short
Phoenix MEGA+0.0179%1h0.044610.000%$20K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0235% / S −0.5353%1h0.04453−0.175%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0353%1h0.04462+0.022%$18K$41K5xas long as short
Lighter MEGA+0.1256%1h0.04483+0.493%$620K$311K3xas long as short
Hyperliquid MEGA+0.1411%1h0.04471+0.213%$7.6M$2.4M3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1859%1h0.04467+0.137%$108$1525xas long as short