Funding you earn now, next payment 22:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.005%
Price spread now: Variational Omni against Nado−0.038%7-day average −0.016% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.057%+$6 on $10k
+Price spread, last 3 days (all we have)−0.387%−$39 · spread now −0.038%, 7d avg −0.016%
=Together, before fees−0.330%+ Points / potential airdropNado: Active · Variational Omni: Active · farm board−$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.022% cheaper against Nado than usual: you would sell low and buy high (spread −0.038% now, against its 7-day average of −0.016%). If the spread goes back, that is −$2 on $10k: about 33 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MEGA-PERP | 0.04478 | 0.0048 | pay 0.0006% / 1h | 13m 46s | $193K | $150K | 2x |
| Short | Variational Omni MEGA | 0.04477 | 0.0100 | get 0.0050% / 4h | 2h 13m | $238K | $109K | — |
Nado MEGA-PERP
Variational Omni MEGAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $11.02
- Price spread: −0.038% → −0.016%
- −$2.16
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $1.85
- Costs to cover
- 0.070%
- Break-even
- 5.8 days
Slippage unknown: Nado: live order book, 9 min ago; Variational Omni: RFQ quote, 10 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, 9 min ago | 2.22 bp | 18.5 bp −$18 | 103.2 bp −$1,032 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 10 min ago | 8.94 bp | doesn't fit | 160.9 bp −$1,609 | 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 | 0.04490 | +0.266% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04478 | −0.012% | $12K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04497 | +0.413% | $21K | $7K | 5x | as long as short |
| Nado MEGA-PERPlong | +0.0048% | 1h | 0.04478 | long leg | $193K | $150K | 2x | |
| Orderly PERP_MEGA_USDC | +0.0098% | 4h | 0.04477 | −0.033% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04476 | −0.046% | $20K | $80K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04479 | +0.011% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04477 | −0.028% | $4.0M | $12.7M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04476 | −0.056% | $3.4M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04474 | −0.100% | $917K | $2.9M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | +0.0100% | 1h | 0.04500 | +0.469% | $133K | $5K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04477 | −0.033% | $191K | $311K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04477 | −0.033% | $772K | $356K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04480 | +0.033% | $236K | $112K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04476 | −0.056% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04475 | −0.078% | — | $1.7M | — | as long as short |
| Variational Omni MEGAshort | +0.0100% | 4h | 0.04477 | −0.038% | $238K | $109K | — | |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04487 | +0.182% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04485 | +0.145% | $25K | $229K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04480 | +0.033% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04476 | −0.057% | $127K | $613K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0140% | 4h | 0.04477 | −0.033% | $196K | $76K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04478 | −0.006% | $3 | — | 3x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0212% | 1h | 0.04482 | +0.078% | $18K | $41K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04477 | −0.042% | $3K | — | 45x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1023% | 1h | 0.04483 | +0.109% | $108 | $15 | 25x | as long as short |
| Hyperliquid MEGA | +0.1181% | 1h | 0.04489 | +0.226% | $7.6M | $2.4M | 3x | as long as short |
| Lighter MEGA | +0.2768% | 1h | 0.04498 | +0.435% | $622K | $327K | 3x | as long as short |
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Extended MEGA-USD
BloFin MEGA-USDT
Reya MEGARUSDPERP
Backpack MEGA_USDC_PERP
GMX MEGA/USD [ETH-USDC]
Deribit MEGA_USDC-PERPETUAL
Hyperliquid MEGA
Lighter MEGA