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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0060%/8h= −6.6% APRnext payment $0.08 per $10,000 · paid last 24h −0.031%
Price spread now: gTrade (Gains Network) against Nado−0.076%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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and gTrade (Gains Network) is 0.076% cheaper against Nado than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MEGA-PERP0.045850.0037pay 0.0005% / 1h17m 14s$198K$136K2x
ShortgTrade (Gains Network) MEGA/USD0.04582L −0.0018% / S +0.0023%pay 0.0003% / 1h17m 14s$12K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$12.61
Price spread: −0.076% → 0.000%
−$7.57
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee gTrade (Gains Network): 6 bp × 2 orders
−$12
Net
−$39.18
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 55 min ago; gTrade (Gains Network): 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, 55 min ago2.22 bp20.5 bp −$21107.4 bp −$1,074doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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
Coinbase International MEGA-PERP-INTX−0.0048%1h0.04490−2.074%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDshortL −0.0018% / S +0.0023%1h0.04582−0.076%$12K150x
Phoenix MEGA0.0000%1h0.04575−0.229%$21K$7K5xas long as short
Nado MEGA-PERPlong+0.0037%1h0.04585long leg$198K$136K2x
Aster MEGAUSDT+0.0100%4h0.04583−0.056%$20K$87K5xas long as short
Pacifica MEGA+0.0100%1h0.04581−0.098%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04588+0.052%$4.0M$13.2M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04586+0.011%$3.6M$5.3M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04582−0.076%$935K$3.0M20xas long as short
Gate MEGA_USDT+0.0100%4h0.04578−0.164%$200K$314K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MEGA_USDT+0.0100%4h0.04583−0.055%$848K$361K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04583−0.055%$241K$116K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04585−0.011%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04581−0.098%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04564−0.474%$322K$227Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04560−0.550%$21K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04559−0.578%$25K$230K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04583−0.055%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04585−0.011%$1K$1.9M10xas long as short
Bulk MEGA-USD+0.0100%1h0.04565−0.447%$135K$4K10xas long as short
Extended MEGA-USD+0.0104%1h0.04585−0.010%$132K$819K5xas long as short
BloFin MEGA-USDT+0.0129%4h0.04567−0.403%$197K$77K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04583−0.059%$33xas long as short
Backpack MEGA_USDC_PERP+0.0213%1h0.04585−0.011%$18K$41K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04581−0.096%$3K45xas long as short
Lighter MEGA+0.0920%1h0.04607+0.469%$648K$325K3xas long as short
Hyperliquid MEGA+0.1072%1h0.04595+0.205%$7.9M$2.4M3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1997%1h0.04595+0.201%$111$1525xas long as short