Funding you earn now, next payment 23:00 UTC−0.0120%/8h= −13.2% APRnext payment −$0.15 per $10,000 · paid last 24h −0.023%
Price spread now: Nado against Reya+0.008%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 airdropReya: Active · Nado: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya MEGARUSDPERP | 0.04456 | 0.0159 | pay 0.0020% / 1h | 42m 47s | $3 | — | 3x |
| Short | Nado MEGA-PERP | 0.04456 | 0.0038 | get 0.0005% / 1h | 42m 47s | $192K | $152K | 2x |
Reya MEGARUSDPERP
Nado MEGA-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Reya. 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
- −$25.26
- Price spread: +0.008% → 0.000%
- $0.76
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$37.5
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Nado: live order book, 40 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 Reya no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 40 min ago | 2.22 bp | 19.3 bp −$19 | 123.6 bp −$1,236 | doesn't fit | doesn't fit |
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 | −0.0144% | 1h | 0.04490 | +0.768% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04453 | −0.061% | $12K | — | 150x | as long as short |
| Nado MEGA-PERPshort | +0.0038% | 1h | 0.04456 | +0.008% | $192K | $152K | 2x | |
| Orderly PERP_MEGA_USDC | +0.0098% | 4h | 0.04454 | −0.048% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04461 | +0.117% | $18K | $82K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04461 | +0.106% | $14K | $8K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04460 | +0.084% | $3.9M | $12.8M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04458 | +0.041% | $3.4M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04456 | −0.004% | $913K | $2.9M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04465 | +0.198% | $132K | $5K | 10x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.0100% | 4h | 0.04458 | +0.041% | $190K | $310K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04460 | +0.086% | $762K | $346K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04458 | +0.041% | $235K | $113K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04462 | +0.131% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04459 | +0.064% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04444 | −0.271% | $223K | $135K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04453 | −0.062% | $22K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04450 | −0.138% | $24K | $229K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04456 | −0.004% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04463 | +0.147% | $126K | $613K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0117% | 4h | 0.04455 | −0.026% | $197K | $76K | 50x | as long as short |
| Reya MEGARUSDPERPlong | +0.0159% | 1h | 0.04456 | long leg | $3 | — | 3x | |
| Phoenix MEGA | +0.0179% | 1h | 0.04451 | −0.116% | $20K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04453 | −0.071% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0326% | 1h | 0.04462 | +0.131% | $18K | $41K | 5x | as long as short |
| Lighter MEGA | +0.1264% | 1h | 0.04478 | +0.490% | $619K | $311K | 3x | as long as short |
| Hyperliquid MEGA | +0.1404% | 1h | 0.04475 | +0.430% | $7.6M | $2.4M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1524% | 1h | 0.04461 | +0.115% | $108 | $15 | 25x | as long as short |
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Extended MEGA-USD
BloFin MEGA-USDT
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Lighter MEGA
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL