Funding you earn now, next payment 02:00 UTC+0.0037%/8h= +4.0% APRnext payment +$0.05 per $10,000 · paid last 24h +0.007%
Price spread now: Bulk against Nado+0.225%7-day average +0.043% · 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−$1101.103% of the position
Funding, last 3 days (all we have)+0.057%+$6 on $10k
+Price spread, last 4 days (all we have)−1.078%−$108 · spread now +0.225%, 7d avg +0.043%
=Together, before fees−1.022%+ Points / potential airdropNado: Active · farm board−$102 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 Bulk is 0.182% dearer against Nado than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MEGA-PERP | 0.04569 | 0.0063 | pay 0.0008% / 1h | 9m 51s | $197K | $140K | 2x |
| Short | Bulk MEGA-USD | 0.04579 | 0.0100 | get 0.0013% / 1h | 9m 51s | $135K | $4K | 10x |
Nado MEGA-PERP
Bulk MEGA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk 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
- $7.75
- Price spread: +0.225% → +0.043%
- $18.21
- Slippage, 4 orders
- −$96.26
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$84.3
- Costs to cover
- 1.103%
- Break-even
- 83.1 days
Slippage from Nado: live order book, 58 min ago; Bulk: live order book, 59 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, 58 min ago | 4.32 bp | 22.5 bp −$23 | 118.0 bp −$1,180 | doesn't fit | doesn't fit |
| Sell Bulk live order book, 59 min ago | 10.81 bp | 35.0 bp −$35 | 118.4 bp −$1,184 | doesn't fit | doesn't fit |
MEGA on 27 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 | −0.0432% | 1h | 0.04490 | −1.720% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04567 | −0.046% | $1K | — | 150x | as long as short |
| Nado MEGA-PERPlong | +0.0063% | 1h | 0.04569 | long leg | $197K | $140K | 2x | |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04565 | −0.081% | $18K | $90K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04577 | +0.173% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04564 | −0.109% | $4.0M | $13.5M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04561 | −0.175% | $3.6M | $5.5M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04561 | −0.175% | $938K | $3.1M | 20x | as long as short |
| Bulk MEGA-USDshort | +0.0100% | 1h | 0.04579 | +0.225% | $135K | $4K | 10x | |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04562 | −0.153% | $202K | $319K | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Gate MEGA_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04564 | −0.109% | $816K | $366K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04567 | −0.044% | $238K | $112K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04557 | −0.263% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04563 | −0.131% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04572 | +0.059% | $322K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04574 | +0.102% | $18K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04571 | +0.044% | $24K | $229K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04562 | −0.153% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04559 | −0.219% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04562 | −0.145% | $131K | $829K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04565 | −0.094% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0173% | 1h | 0.04579 | +0.219% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04566 | −0.066% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0683% | 1h | 0.04565 | −0.088% | $18K | $46K | 5x | as long as short |
| Lighter MEGA | +0.1280% | 1h | 0.04582 | +0.285% | $647K | $330K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1701% | 1h | 0.04571 | +0.055% | $111 | $15 | 25x | as long as short |
| Hyperliquid MEGA | +0.1823% | 1h | 0.04575 | +0.140% | $7.9M | $2.5M | 3x | 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
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL
Hyperliquid MEGA