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+0.0192%/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
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 · farm boardneeds both histories
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MEGA-PERP0.045150.0104pay 0.0013% / 1h10m 00s$195K$135K2x
ShortCoinbase International MEGA-PERP-INTX0.044900.0296get 0.0037% / 1h10m 00s$5K$12K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 2 min ago2.22 bp20.5 bp −$21107.4 bp −$1,074doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04514−0.028%$12K150xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04516+0.011%$3K$2K10xas long as short
Aster MEGAUSDT+0.0100%4h0.04517+0.033%$18K$83K5xas long as short
Pacifica MEGA+0.0100%1h0.04513−0.051%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04518+0.058%$3.9M$12.9M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04514−0.033%$3.5M$4.9M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04514−0.033%$920K$2.9M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04520+0.100%$133K$4K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04515−0.011%$196K$313K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04519+0.078%$770K$355K50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MEGAUSDTM+0.0100%4h0.04519+0.078%$238K$114K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04519+0.078%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04516+0.011%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04504−0.247%$226K$133Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04506−0.221%$21K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04501−0.321%$25K$231K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04515−0.011%$1K$1.9M10xas long as short
Nado MEGA-PERPlong+0.0104%1h0.04515long leg$195K$135K2x
Extended MEGA-USD+0.0104%1h0.04516+0.003%$128K$613K5xas long as short
BloFin MEGA-USDT+0.0140%4h0.04508−0.166%$195K$76K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04515−0.014%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0236% / S −0.5353%1h0.04516+0.002%$3K45xas long as short
Coinbase International MEGA-PERP-INTXshort+0.0296%1h0.04490−0.556%$5K$12K50x
Phoenix MEGA+0.0355%1h0.04514−0.033%$21K$7K5xas long as short
Backpack MEGA_USDC_PERP+0.0407%1h0.04520+0.100%$18K$41K5xas long as short
Hyperliquid MEGA+0.0935%1h0.04527+0.250%$7.7M$2.4M3xas long as short
Lighter MEGA+0.1320%1h0.04540+0.543%$638K$320K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1874%1h0.04528+0.286%$110$1525xas long as short