Funding you earn now, next payment 23:00 UTC+0.1508%/8h= +165.2% APRnext payment +$1.89 per $10,000 · paid last 24h +0.297%
Price spread now: Deribit against Nado+0.242%46s7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$45 a day on $10k at the current rate, and Deribit is 0.242% dearer against Nado than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MEGA-PERP | 0.04470 | 0.0052 | pay 0.0007% / 1h | 17m 27s | $193K | $150K | 2x |
| Short | Deribit MEGA_USDC-PERPETUAL | 0.04481 | 0.1561 | get 0.0195% / 1h | 17m 27s | $108 | $15 | 25x |
Nado MEGA-PERP
Deribit MEGA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $316.78
- Price spread: +0.242% → 0.000%
- $24.16
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $326.94
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Nado: live order book, 65 min ago; Deribit: 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, 65 min ago | 2.22 bp | 18.5 bp −$18 | 103.2 bp −$1,032 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MEGA-PERP-INTX | −0.0144% | 1h | 0.04490 | +0.445% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04467 | −0.074% | $12K | — | 150x | as long as short |
| Nado MEGA-PERPlong | +0.0052% | 1h | 0.04470 | long leg | $193K | $150K | 2x | |
| Orderly PERP_MEGA_USDC | +0.0099% | 4h | 0.04469 | −0.034% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04469 | −0.034% | $18K | $82K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04471 | +0.011% | $14K | $8K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04470 | −0.011% | $3.9M | $12.8M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04467 | −0.078% | $3.5M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04469 | −0.034% | $910K | $2.9M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04470 | −0.011% | $132K | $5K | 10x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.0100% | 4h | 0.04468 | −0.056% | $191K | $310K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04469 | −0.034% | $758K | $351K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04473 | +0.056% | $236K | $113K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04469 | −0.034% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04468 | −0.056% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04470 | −0.001% | $224K | $133K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04474 | +0.070% | $27K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04476 | +0.123% | $24K | $230K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04474 | +0.078% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04468 | −0.064% | $127K | $613K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0143% | 4h | 0.04478 | +0.168% | $195K | $76K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04470 | −0.013% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0179% | 1h | 0.04479 | +0.190% | $20K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04467 | −0.072% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0445% | 1h | 0.04477 | +0.145% | $18K | $41K | 5x | as long as short |
| Hyperliquid MEGA | +0.1297% | 1h | 0.04478 | +0.168% | $7.6M | $2.4M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUALshort | +0.1561% | 1h | 0.04481 | +0.242% | $108 | $15 | 25x | |
| Lighter MEGA | +0.2720% | 1h | 0.04491 | +0.459% | $631K | $323K | 3x | as long as short |
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
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Hyperliquid MEGA
Lighter MEGA