Funding you earn now, next payment 11:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.010%
Price spread now: KuCoin against Nado−0.140%7-day average +0.023% · 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−$583as in the Price arb table
costs, in and out, $10k−$5675.671% of the position
Funding, last 4 days (all we have)+0.063%+$6 on $10k
+Price spread, last 4 days (all we have)−0.169%−$17 · spread now −0.140%, 7d avg +0.023%
=Together, before fees−0.106%+ Points / potential airdropNado: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.163% cheaper against Nado than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.023%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.063%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MEGA-PERP | 0.04648 | 0.0146 | pay 0.0018% / 1h | 57m 30s | $200K | $137K | 2x |
| Short | KuCoin MEGAUSDTM | 0.04641 | 0.0100 | get 0.0050% / 4h | 1h 57m | $250K | $112K | 50x |
Nado MEGA-PERP
KuCoin MEGAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$9.68
- Price spread: −0.140% → +0.023%
- −$16.27
- Slippage, 4 orders
- −$548.14
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$593.09
- Costs to cover
- 5.671%
- Break-even
- never at this rate
Slippage from Nado: live order book, 53 min ago; KuCoin: live order book, 45 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, 53 min ago | 4.28 bp | 21.6 bp −$22 | 112.6 bp −$1,126 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 45 min ago | 18.15 bp | 269.7 bp −$270 | doesn't fit | doesn't fit | doesn't fit |
MEGA on 28 exchanges
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 | −0.0328% | 1h | 0.04589 | −1.248% | $5K | $12K | 50x | as long as short |
| Bybit MEGAUSDT | −0.0283% | 4h | 0.04641 | −0.140% | $3.6M | $5.5M | 20x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04671 | +0.516% | $1K | — | 150x | as long as short |
| BloFin MEGA-USDT | +0.0080% | 4h | 0.04688 | +0.871% | $208K | $82K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04643 | −0.097% | $3K | $2K | 10x | as long as short |
| Hyperliquid MEGA | +0.0100% | 1h | 0.04656 | +0.174% | $8.1M | $2.4M | 3x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04650 | +0.050% | $21K | $90K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04669 | +0.454% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04643 | −0.094% | $4.1M | $13.0M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04640 | −0.161% | $935K | $3.1M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
Bybit MEGAUSDT
gTrade (Gains Network) MEGA/USD
BloFin MEGA-USDT
Orderly PERP_MEGA_USDC
Hyperliquid MEGA
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAPShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | +0.0100% | 1h | 0.04685 | +0.798% | $138K | −$0 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04642 | −0.118% | $208K | $322K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04644 | −0.075% | $744K | $390K | 50x | as long as short |
| KuCoin MEGAUSDTMshort | +0.0100% | 4h | 0.04641 | −0.140% | $250K | $112K | 50x | |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04646 | −0.032% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04642 | −0.118% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04673 | +0.549% | $19K | $51K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04673 | +0.557% | $339K | $229K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04677 | +0.637% | $28K | $2.2M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04677 | +0.635% | $24K | $225K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04673 | +0.549% | $2K | $1.7M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04654 | +0.139% | $131K | $794K | 5x | as long as short |
| Nado MEGA-PERPlong | +0.0146% | 1h | 0.04648 | long leg | $200K | $137K | 2x | |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04642 | −0.111% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0170% | 1h | 0.04685 | +0.807% | $21K | $6K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0238% / S −0.5353% | 1h | 0.04643 | −0.088% | $3K | — | 45x | as long as short |
| Lighter MEGA | +0.0304% | 1h | 0.04690 | +0.914% | $636K | $404K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0521% | 1h | 0.04675 | +0.600% | $113 | $15 | 25x | as long as short |
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
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]
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL