MEGA

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.1167%/8h= +127.8% APRnext payment +$1.46 per $10,000 · paid last 24h +0.145%

Price spread now: Hyperliquid against Nado+0.084%7-day average +0.164% · you sell dearer than you buy

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

Long on Nado Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.358%+$36 on $10k

Price spread, last 3 days (all we have)−0.188%−$19 · spread now +0.084%, 7d avg +0.164%

Together, before fees+0.170%+ Points / potential airdropNado: Active · Hyperliquid: Season 2 · farm board+$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. Hyperliquid is 0.080% cheaper against Nado than usual: you would sell low and buy high (spread +0.084% now, against its 7-day average of +0.164%). If the spread goes back, that is −$8 on $10k: about 5 hours of funding at the current rate (+$35 a day). At the pace of the last 3 days (+0.358% in total) that is about 17 hours.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.358% in total (about 42.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.46 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado MEGA-PERP	0.04424	0.0076	pay 0.0010% / 1h	41m 39s	$191K	$151K	2x
Short	Hyperliquid MEGA	0.04428	0.1244	get 0.0155% / 1h	41m 39s	$7.5M	$2.4M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Nado. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 HyperliquidbpOrdersPrice spread, now +0.084%Rate

Funding earned: $245.11
Price spread: +0.084% → +0.164%: −$8
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $221.12
Costs to cover: 0.160%
Break-even: 0.7 days

Slippage unknown: Nado: live order book, 45 min ago; Hyperliquid: live order book, 11 min ago. 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, 45 min ago	3.35 bp	23.1 bp −$23	117.2 bp −$1,172	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 11 min ago	2.14 bp	doesn't fit	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	−0.0288%	1h	0.04400	−0.547%	$5K	$11K	50x	as long as short
gTrade (Gains Network) MEGA/USD	L −0.0018% / S +0.0023%	1h	0.04421	−0.087%	$12K	—	150x	as long as short
Phoenix MEGA	0.0000%	1h	0.04425	+0.011%	$20K	$7K	5x	as long as short
Nado MEGA-PERPlong	+0.0076%	1h	0.04424	long leg	$191K	$151K	2x
BloFin MEGA-USDT	+0.0094%	4h	0.04417	−0.170%	$198K	$75K	50x	as long as short
Orderly PERP_MEGA_USDC	+0.0097%	4h	0.04422	−0.057%	$3K	$2K	10x	as long as short
Aster MEGAUSDT	+0.0100%	4h	0.04417	−0.165%	$19K	$80K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	0.04418	−0.140%	$14K	$10K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04417	−0.170%	$3.9M	$12.7M	50x	as long as short
Bybit MEGAUSDT	+0.0100%	4h	0.04414	−0.237%	$3.4M	$4.9M	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04416	−0.192%	$904K	$2.8M	20x	as long as short
Bulk MEGA-USD	+0.0100%	1h	0.04420	−0.102%	$130K	$5K	10x	as long as short
Gate MEGA_USDT	+0.0100%	4h	0.04416	−0.192%	$188K	$310K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	0.04417	−0.170%	$771K	$351K	50x	as long as short
KuCoin MEGAUSDTM	+0.0100%	4h	0.04419	−0.124%	$228K	$112K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	0.04419	−0.124%	$1.1M	$1.4M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04416	−0.192%	—	$1.7M	—	as long as short
Backpack MEGA_USDC_PERP	+0.0100%	1h	0.04425	+0.011%	$15K	$39K	5x	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04419	−0.135%	$235K	$109K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04421	−0.085%	$21K	$1.7M	10x	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	0.04416	−0.192%	$24K	$229K	50x	as long as short
SunX MEGA-USDT	+0.0100%	4h	0.04425	+0.011%	$1K	$1.9M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04418	−0.142%	$126K	$613K	5x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	0.04422	−0.049%	$3	—	3x	as long as short
GMX MEGA/USD [ETH-USDC]	L +0.0235% / S −0.5353%	1h	0.04419	−0.113%	$3K	—	45x	as long as short
Hyperliquid MEGAshort	+0.1244%	1h	0.04428	+0.084%	$7.5M	$2.4M	3x
Deribit MEGA_USDC-PERPETUAL	+0.1401%	1h	0.04430	+0.120%	$107	$15	25x	as long as short
Lighter MEGA	+0.1712%	1h	0.04437	+0.283%	$597K	$299K	3x	as long as short