MEGA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0099%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.026%

Price spread now: Reya against Nado−0.070%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 Reya

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 · Reya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.070% cheaper against Nado than usual: you would sell low and buy high (spread −0.070% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.4 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado MEGA-PERP	0.04627	0.0059	pay 0.0007% / 1h	28m 06s	$201K	$142K	2x
Short	Reya MEGARUSDPERP	0.04624	0.0159	get 0.0020% / 1h	28m 06s	$3	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.070%Rate

Funding earned: $20.86
Price spread: −0.070% → 0.000%: −$7.02
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: $0.85
Costs to cover: 0.130%
Break-even: 6.7 days

Slippage unknown: Nado: live order book, 29 min ago; Reya: 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, 29 min ago	3.29 bp	20.3 bp −$20	111.1 bp −$1,111	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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	−0.0744%	1h	0.04589	−0.821%	$5K	$13K	50x	as long as short
gTrade (Gains Network) MEGA/USD	L +0.0001% / S +0.0023%	1h	0.04626	−0.035%	$1K	—	150x	as long as short
Nado MEGA-PERPlong	+0.0059%	1h	0.04627	long leg	$201K	$142K	2x
Hyperliquid MEGA	+0.0100%	1h	0.04625	−0.052%	$8.0M	$2.6M	3x	as long as short
Aster MEGAUSDT	+0.0100%	4h	0.04629	+0.032%	$19K	$90K	5x	as long as short
Pacifica MEGA	+0.0100%	1h	0.04635	+0.164%	$14K	$9K	3x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04619	−0.184%	$4.1M	$13.6M	50x	as long as short
Bybit MEGAUSDT	+0.0100%	4h	0.04615	−0.270%	$3.6M	$5.7M	20x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04612	−0.335%	$945K	$3.2M	20x	as long as short
Bulk MEGA-USD	+0.0100%	1h	0.04590	−0.810%	$136K	$4K	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate MEGA_USDT	+0.0100%	4h	0.04620	−0.162%	$200K	$321K	20x	as long as short
MEXC MEGA_USDT	+0.0100%	4h	0.04617	−0.227%	$814K	$376K	50x	as long as short
KuCoin MEGAUSDTM	+0.0100%	4h	0.04618	−0.205%	$237K	$119K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	0.04618	−0.205%	$1.1M	$1.5M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04615	−0.270%	—	$1.7M	—	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04617	−0.223%	$326K	$226K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04628	+0.011%	$23K	$1.8M	10x	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	0.04621	−0.140%	$24K	$230K	50x	as long as short
Orderly PERP_MEGA_USDC	+0.0100%	4h	0.04621	−0.140%	$3K	$2K	10x	as long as short
SunX MEGA-USDT	+0.0100%	4h	0.04620	−0.162%	$1K	$1.9M	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04620	−0.166%	$132K	$824K	5x	as long as short
BloFin MEGA-USDT	+0.0158%	4h	0.04632	+0.097%	$205K	$96K	50x	as long as short
Reya MEGARUSDPERPshort	+0.0159%	1h	0.04624	−0.070%	$3	—	3x
Phoenix MEGA	+0.0176%	1h	0.04613	−0.313%	$21K	$7K	5x	as long as short
GMX MEGA/USD [ETH-USDC]	L +0.0238% / S −0.5353%	1h	0.04624	−0.069%	$3K	—	45x	as long as short
Backpack MEGA_USDC_PERP	+0.0498%	1h	0.04620	−0.162%	$19K	$50K	5x	as long as short
Lighter MEGA	+0.0528%	1h	0.04641	+0.292%	$657K	$340K	3x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.0745%	1h	0.04628	+0.006%	$112	$15	25x	as long as short