Funding you earn now, next payment 03:00 UTC+0.0041%/8h= +4.5% APRpaid last 24h +0.008%
Price spread now: Binance against Nado+0.014%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$940.945% of the position
Funding, last 3 days (all we have)+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)−0.507%−$51 · spread now +0.014%, 7d avg −0.006%
=Together, before fees−0.449%+ Points / potential airdropNado: Active · farm board−$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.021% dearer against Nado than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MEGA-PERP | 0.04593 | 0.0059 | pay 0.0007% / 1h | 18m 23s | $198K | $141K | 2x |
| Short | Binance MEGAUSDT | 0.04593 | 0.0100 | get 0.0050% / 4h | 1h 18m | $4.1M | $13.5M | 50x |
Nado MEGA-PERP
Binance MEGAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $8.64
- Price spread: +0.014% → −0.006%
- $2.06
- Slippage, 4 orders
- −$77.46
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$83.76
- Costs to cover
- 0.945%
- Break-even
- 74.8 days
Slippage from Nado: live order book, 44 min ago; Binance: live order book, 7 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, 44 min ago | 3.29 bp | 21.1 bp −$21 | 111.9 bp −$1,119 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 2.19 bp | 26.8 bp −$27 | 106.3 bp −$1,063 | 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 | −0.0800% | 1h | 0.04490 | −2.230% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04594 | +0.020% | $1K | — | 150x | as long as short |
| Nado MEGA-PERPlong | +0.0059% | 1h | 0.04593 | long leg | $198K | $141K | 2x | |
| Hyperliquid MEGA | +0.0100% | 1h | 0.04601 | +0.170% | $7.9M | $2.6M | 3x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04596 | +0.078% | $18K | $89K | 5x | as long as short |
| Binance MEGAUSDTshort | +0.0100% | 4h | 0.04593 | +0.014% | $4.1M | $13.5M | 50x | |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04591 | −0.039% | $3.6M | $5.6M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04593 | +0.004% | $943K | $3.1M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04565 | −0.605% | $135K | $4K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04593 | +0.004% | $203K | $318K | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Hyperliquid MEGA
Aster MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04594 | +0.026% | $820K | $368K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04595 | +0.048% | $231K | $117K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04593 | +0.004% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04593 | +0.004% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04580 | −0.276% | $323K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04564 | −0.618% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04585 | −0.170% | $24K | $231K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04592 | −0.018% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04592 | −0.018% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04592 | −0.011% | $130K | $821K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0138% | 4h | 0.04586 | −0.148% | $203K | $94K | 50x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0145% | 1h | 0.04591 | −0.039% | $18K | $46K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04592 | −0.013% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0175% | 1h | 0.04581 | −0.257% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04593 | −0.002% | $3K | — | 45x | as long as short |
| Pacifica MEGA | +0.0245% | 1h | 0.04594 | +0.032% | $14K | $9K | 3x | as long as short |
| Lighter MEGA | +0.0552% | 1h | 0.04610 | +0.374% | $652K | $336K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1274% | 1h | 0.04601 | +0.170% | $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
BloFin MEGA-USDT
Backpack MEGA_USDC_PERP
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Pacifica MEGA
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL