Funding you earn now, next payment 23:00 UTC+0.0192%/8h= +21.1% APRnext payment +$0.24 per $10,000 · paid last 24h +0.234%
Price spread now: Coinbase International against Nado−0.556%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Coinbase International is 0.556% cheaper against Nado than usual: you would sell low and buy high (spread −0.556% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$56 on $10k: about 9.6 days of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MEGA-PERP | 0.04515 | 0.0104 | pay 0.0013% / 1h | 10m 00s | $195K | $135K | 2x |
| Short | Coinbase International MEGA-PERP-INTX | 0.04490 | 0.0296 | get 0.0037% / 1h | 10m 00s | $5K | $12K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $40.39
- Price spread: −0.556% → 0.000%
- −$55.59
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$32.2
- Costs to cover
- 0.170%
- Break-even
- 12.6 days
Slippage unknown: Nado: live order book, 2 min ago; Coinbase International: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Nado live order book, 2 min ago | 2.22 bp | 20.5 bp −$21 | 107.4 bp −$1,074 | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04514 | −0.028% | $12K | — | 150x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04516 | +0.011% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04517 | +0.033% | $18K | $83K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04513 | −0.051% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04518 | +0.058% | $3.9M | $12.9M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04514 | −0.033% | $3.5M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04514 | −0.033% | $920K | $2.9M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04520 | +0.100% | $133K | $4K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04515 | −0.011% | $196K | $313K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04519 | +0.078% | $770K | $355K | 50x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04519 | +0.078% | $238K | $114K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04519 | +0.078% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04516 | +0.011% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04504 | −0.247% | $226K | $133K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04506 | −0.221% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04501 | −0.321% | $25K | $231K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04515 | −0.011% | $1K | $1.9M | 10x | as long as short |
| Nado MEGA-PERPlong | +0.0104% | 1h | 0.04515 | long leg | $195K | $135K | 2x | |
| Extended MEGA-USD | +0.0104% | 1h | 0.04516 | +0.003% | $128K | $613K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0140% | 4h | 0.04508 | −0.166% | $195K | $76K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04515 | −0.014% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04516 | +0.002% | $3K | — | 45x | as long as short |
| Coinbase International MEGA-PERP-INTXshort | +0.0296% | 1h | 0.04490 | −0.556% | $5K | $12K | 50x | |
| Phoenix MEGA | +0.0355% | 1h | 0.04514 | −0.033% | $21K | $7K | 5x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0407% | 1h | 0.04520 | +0.100% | $18K | $41K | 5x | as long as short |
| Hyperliquid MEGA | +0.0935% | 1h | 0.04527 | +0.250% | $7.7M | $2.4M | 3x | as long as short |
| Lighter MEGA | +0.1320% | 1h | 0.04540 | +0.543% | $638K | $320K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1874% | 1h | 0.04528 | +0.286% | $110 | $15 | 25x | 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
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Extended MEGA-USD
BloFin MEGA-USDT
GMX MEGA/USD [ETH-USDC]
Phoenix MEGA
Backpack MEGA_USDC_PERP
Hyperliquid MEGA
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL