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

MEGA

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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
NadoMEGA-PERP
0.04612−0.0062get 0.0008% / 1h8m 53s$133K$31K2xLong Nado20% off
SHORT
LighterMEGA
0.04609+0.0096get 0.0012% / 1h8m 53s$204K$601K3xShort Lighter7d free
Price gap−0.060%
Funding gap+0.0158% /8h

Funding pays +$5 a day on $10k, but the gap is 0.172% under its 7d average: −$17 if it goes back, about 3.6 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$49+0.0158% /8h now · paid +0.489% over the last 7D
Price−$17spread −0.060% now, avg +0.113% → −0.172% if it goes back
Costs−$810.806% of $10k · taker + slippage, in and out
Result−$49−0.49%+ Points / potential airdropNado: points · Lighter: Season 3 · farm board

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.060%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MEGA on 24 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • Watch: Thin at this size17.6 / 20.8 bp
    At $10k entering Lighter costs 20.8 bp, fee and slippage, 1.2× Nado’s.
  • Note: Margin at max leverage$5,000 + $3,333
    Nado 2x, Lighter 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$4.75Long Nado: 24 payments, +$1.87; short Lighter: 24 payments, +$2.88.
  • Watch: Gap narrower than usual−0.060% vs +0.113%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$133K vs $204K OI
    Nado sets your exit cost. Check its book before closing.
  • OK: Points on a legNado points · Lighter Season 3
    Volume here counts toward the points program.
  • OK: No KYC on either legNado No · Lighter No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0233%/8h × 21 periods+$48.94
Price spread−0.060% → +0.113% (7d avg)−$17.21
Slippage, 4 orderslive order books−$73.62
Fee Nado bp × 2 orders−$7.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k−$48.90
Costs to cover0.806%Break-even14.0 days
Slippage: Nado: live order book, 26 min ago; Lighter: live order book, 19 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGNado5.4617.6 bp−$18113.9 bp−$1,139doesn’t fitdoesn’t fit
SELL · SHORTLighter5.4320.8 bp−$21291.6 bp−$2,916doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

MEGA news

posts that mention MEGA, from every exchange
09-28 19:25AvantisOtherWeek 2 is going to hit harder. Bigger pool. Sharper week. Exciting surprises on the way (including a MEGA boost today). @verantaxyz on X ↗