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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0073%/8h= +8.0% APRpaid last 24h +0.012%
Price spread now: BloFin against Nado+0.164%7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1011.009% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.068%+$7 on $10k
Price spread, last 4 days (all we have)+7.651%+$765 · spread now +0.164%, 7d avg +0.108%
Together, before fees+7.719%+ Points / potential airdropNado: Active · farm board+$772 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.056% dearer against Nado than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.108%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MEGA-PERP0.045820.0045pay 0.0006% / 1h40m 05s$197K$140K2x
ShortBloFin MEGA-USDT0.045900.0118get 0.0059% / 4h3h 40m$202K$95K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$15.34
Price spread: +0.164% → +0.108%
$5.55
Slippage, 4 orders
−$81.86
Fee Nado: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$79.96
Costs to cover
1.009%
Break-even
43.5 days
Slippage from Nado: live order book, 57 min ago; BloFin: live order book, 25 min ago.

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, 57 min ago4.39 bp24.2 bp −$24118.4 bp −$1,184doesn't fitdoesn't fit
Sell BloFin live order book, 25 min ago3.27 bp27.9 bp −$2892.1 bp −$921doesn't fitdoesn't fit

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
Bybit MEGAUSDT−0.0108%4h0.04581−0.033%$3.5M$5.9M20xas long as short
Phoenix MEGA0.0000%1h0.04599+0.360%$21K$7K5xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04578−0.103%$1K150xas long as short
Nado MEGA-PERPlong+0.0045%1h0.04582long leg$197K$140K2x
Aster MEGAUSDT+0.0100%4h0.04580−0.054%$20K$96K5xas long as short
Pacifica MEGA+0.0100%1h0.04584+0.035%$14K$10K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04582−0.013%$4.0M$13.7M50xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04579−0.076%$919K$3.2M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04570−0.273%$135K−$010xas long as short
Gate MEGA_USDT+0.0100%4h0.04579−0.076%$205K$331K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MEGA_USDT+0.0100%4h0.04581−0.033%$758K$403K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04581−0.033%$243K$124K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04583+0.011%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04581−0.033%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04584+0.038%$322K$224Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04597+0.316%$26K$2.0M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04608+0.556%$24K$226K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04577−0.120%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04577−0.120%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04578−0.092%$128K$800K5xas long as short
BloFin MEGA-USDTshort+0.0118%4h0.04590+0.164%$202K$95K50x
Backpack MEGA_USDC_PERP+0.0158%1h0.04585+0.055%$17K$55K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04579−0.070%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0238% / S −0.5353%1h0.04593+0.236%$3K45xas long as short
Hyperliquid MEGA+0.0344%1h0.04592+0.199%$7.9M$2.6M3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0798%1h0.04583+0.015%$111$1525xas long as short
Lighter MEGA+0.1160%1h0.04599+0.360%$614K$382K3xas long as short
Coinbase International MEGA-PERP-INTX+0.1296%1h0.04589+0.153%$5K$12K50xas long as short