Funding you earn now, next payment 23:00 UTC+0.0040%/8h= +4.3% APRpaid last 24h +0.006%
Price spread now: Gate against Nado−0.055%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$328as in the Price arb table
costs, in and out, $10k−$3233.233% of the position
Funding, last 3 days (all we have)+0.057%+$6 on $10k
+Price spread, last 3 days (all we have)−0.224%−$22 · spread now −0.055%, 7d avg −0.011%
=Together, before fees−0.167%+ Points / potential airdropNado: Active · farm board−$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.045% cheaper against Nado than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of −0.011%). If the spread goes back, that is −$4 on $10k: about 3.8 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MEGA-PERP | 0.04507 | 0.0060 | pay 0.0008% / 1h | 1m 36s | $195K | $136K | 2x |
| Short | Gate MEGA_USDT | 0.04505 | 0.0100 | get 0.0050% / 4h | 1h 01m | $193K | $311K | 20x |
Nado MEGA-PERP
Gate MEGA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $8.31
- Price spread: −0.055% → −0.011%
- −$4.46
- Slippage, 4 orders
- −$301.31
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$319.46
- Costs to cover
- 3.233%
- Break-even
- 276.0 days
Slippage from Nado: live order book, 16 min ago; Gate: live order book, 10 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, 16 min ago | 4.47 bp | 21.2 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 10 min ago | 8.93 bp | 142.8 bp −$143 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.379% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04508 | +0.015% | $12K | — | 150x | as long as short |
| BloFin MEGA-USDT | +0.0057% | 4h | 0.04500 | −0.166% | $194K | $77K | 50x | as long as short |
| Nado MEGA-PERPlong | +0.0060% | 1h | 0.04507 | long leg | $195K | $136K | 2x | |
| Orderly PERP_MEGA_USDC | +0.0099% | 4h | 0.04508 | +0.011% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04507 | −0.019% | $18K | $82K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04506 | −0.033% | $14K | $8K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04506 | −0.033% | $3.9M | $12.9M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04501 | −0.144% | $3.5M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04502 | −0.122% | $915K | $2.9M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
BloFin MEGA-USDT
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | +0.0100% | 1h | 0.04484 | −0.530% | $132K | $5K | 10x | as long as short |
| Gate MEGA_USDTshort | +0.0100% | 4h | 0.04505 | −0.055% | $193K | $311K | 20x | |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04505 | −0.055% | $773K | $354K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04506 | −0.033% | $237K | $113K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04506 | −0.033% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04502 | −0.122% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04480 | −0.601% | $225K | $133K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04496 | −0.255% | $27K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04504 | −0.078% | $25K | $230K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04509 | +0.033% | $929 | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04503 | −0.097% | $128K | $613K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04510 | +0.053% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0179% | 1h | 0.04492 | −0.344% | $20K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04507 | −0.004% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0510% | 1h | 0.04513 | +0.122% | $18K | $41K | 5x | as long as short |
| Hyperliquid MEGA | +0.1176% | 1h | 0.04521 | +0.304% | $7.7M | $2.4M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1370% | 1h | 0.04514 | +0.151% | $109 | $15 | 25x | as long as short |
| Lighter MEGA | +0.2352% | 1h | 0.04532 | +0.544% | $637K | $323K | 3x | as long as short |
Bulk MEGA-USD
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
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL
Lighter MEGA