Funding you earn now, next payment 22:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.005%
Price spread now: OKX against Nado−0.057%7-day average −0.038% · 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−$130as in the Price arb table
costs, in and out, $10k−$1281.279% of the position
Funding, last 3 days (all we have)+0.057%+$6 on $10k
+Price spread, last 3 days (all we have)−0.242%−$24 · spread now −0.057%, 7d avg −0.038%
=Together, before fees−0.185%+ Points / potential airdropNado: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MEGA-PERP | 0.04414 | 0.0080 | pay 0.0010% / 1h | 46m 26s | $191K | $151K | 2x |
| Short | OKX MEGA-USDT-SWAP | 0.04412 | 0.0100 | get 0.0050% / 4h | 2h 46m | $904K | $2.8M | 20x |
Nado MEGA-PERP
OKX MEGA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $4.29
- Price spread: −0.057% → −0.038%
- −$1.85
- Slippage, 4 orders
- −$110.88
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$125.44
- Costs to cover
- 1.279%
- Break-even
- 211.7 days
Slippage from Nado: live order book, 41 min ago; OKX: live order book, 6 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, 41 min ago | 3.35 bp | 23.1 bp −$23 | 117.2 bp −$1,172 | doesn't fit | doesn't fit |
| Sell OKX live order book, 6 min ago | 1.13 bp | 41.3 bp −$41 | 167.4 bp −$1,674 | 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 | −0.322% | $5K | $11K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04414 | −0.017% | $12K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04430 | +0.351% | $20K | $7K | 5x | as long as short |
| Nado MEGA-PERPlong | +0.0080% | 1h | 0.04414 | long leg | $191K | $151K | 2x | |
| Orderly PERP_MEGA_USDC | +0.0097% | 4h | 0.04415 | +0.011% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04417 | +0.046% | $19K | $80K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04420 | +0.134% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04415 | +0.018% | $3.9M | $12.7M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04413 | −0.034% | $3.4M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAPshort | +0.0100% | 4h | 0.04412 | −0.057% | $904K | $2.8M | 20x |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | +0.0100% | 1h | 0.04450 | +0.804% | $131K | $5K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04414 | −0.011% | $188K | $310K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04416 | +0.034% | $774K | $351K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04418 | +0.079% | $228K | $112K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04417 | +0.057% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04413 | −0.034% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04425 | +0.238% | $15K | $39K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04427 | +0.272% | $236K | $109K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04427 | +0.276% | $27K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04425 | +0.238% | $24K | $229K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04426 | +0.261% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04415 | +0.014% | $126K | $613K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0105% | 4h | 0.04428 | +0.306% | $198K | $75K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04416 | +0.036% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0235% / S −0.5353% | 1h | 0.04413 | −0.029% | $3K | — | 45x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1219% | 1h | 0.04431 | +0.369% | $107 | $15 | 25x | as long as short |
| Hyperliquid MEGA | +0.1343% | 1h | 0.04426 | +0.251% | $7.5M | $2.4M | 3x | as long as short |
| Lighter MEGA | +0.1632% | 1h | 0.04439 | +0.555% | $597K | $299K | 3x | as long as short |
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
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
BloFin MEGA-USDT
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Deribit MEGA_USDC-PERPETUAL
Hyperliquid MEGA
Lighter MEGA