MEGA

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.5308%/8h= +581.3% APRnext payment +$6.64 per $10,000 · paid last 24h +0.953%

Price spread now: GMX against Nado−0.088%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Nado Short on GMX

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. GMX is 0.088% cheaper against Nado than usual: you would sell low and buy high (spread −0.088% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 1 hour of funding at the current rate (+$159 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado MEGA-PERP	0.04435	0.0044	pay 0.0006% / 1h	53m 57s	$192K	$152K	2x
Short	GMX MEGA/USD [ETH-USDC]	0.04432	L +0.0235% / S −0.5353%	get 0.0669% / 1h	53m 57s	$3K	—	45x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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

Position, each leg$Hold fordaysFee NadobpFee GMXbpOrdersPrice spread, now −0.088%Rate

Funding earned: $1,114.78
Price spread: −0.088% → 0.000%: −$8.79
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: $1,086.99
Costs to cover: 0.190%
Break-even: 0.2 days

Slippage unknown: Nado: live order book, 33 min ago; GMX: 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, 33 min ago	3.35 bp	23.1 bp −$23	117.2 bp −$1,172	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	−0.0288%	1h	0.04400	−0.794%	$5K	$11K	50x	as long as short
gTrade (Gains Network) MEGA/USD	L −0.0018% / S +0.0023%	1h	0.04433	−0.056%	$12K	—	150x	as long as short
Phoenix MEGA	0.0000%	1h	0.04458	+0.507%	$20K	$7K	5x	as long as short
Nado MEGA-PERPlong	+0.0044%	1h	0.04435	long leg	$192K	$152K	2x
Orderly PERP_MEGA_USDC	+0.0097%	4h	0.04433	−0.056%	$3K	$2K	10x	as long as short
Aster MEGAUSDT	+0.0100%	4h	0.04438	+0.059%	$20K	$79K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	0.04442	+0.151%	$14K	$10K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04436	+0.006%	$4.0M	$12.7M	50x	as long as short
Bybit MEGAUSDT	+0.0100%	4h	0.04433	−0.056%	$3.4M	$4.9M	20x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04434	−0.034%	$908K	$2.9M	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bulk MEGA-USD	+0.0100%	1h	0.04460	+0.552%	$132K	$5K	10x	as long as short
Gate MEGA_USDT	+0.0100%	4h	0.04432	−0.079%	$189K	$310K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	0.04435	−0.011%	$782K	$350K	50x	as long as short
KuCoin MEGAUSDTM	+0.0100%	4h	0.04438	+0.056%	$229K	$112K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	0.04437	+0.034%	$1.1M	$1.4M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04434	−0.034%	—	$1.7M	—	as long as short
Backpack MEGA_USDC_PERP	+0.0100%	1h	0.04437	+0.034%	$15K	$40K	5x	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04441	+0.123%	$236K	$110K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04441	+0.115%	$27K	$1.7M	10x	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	0.04435	−0.011%	$24K	$228K	50x	as long as short
SunX MEGA-USDT	+0.0100%	4h	0.04440	+0.101%	$2K	$1.9M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04436	+0.013%	$126K	$613K	5x	as long as short
BloFin MEGA-USDT	+0.0140%	4h	0.04443	+0.169%	$198K	$76K	50x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	0.04433	−0.065%	$3	—	3x	as long as short
GMX MEGA/USD [ETH-USDC]short	L +0.0235% / S −0.5353%	1h	0.04432	−0.088%	$3K	—	45x
Lighter MEGA	+0.1280%	1h	0.04458	+0.507%	$599K	$299K	3x	as long as short
Hyperliquid MEGA	+0.1324%	1h	0.04449	+0.316%	$7.6M	$2.3M	3x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.2299%	1h	0.04445	+0.210%	$108	$15	25x	as long as short