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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0037%/8h= −4.1% APRpaid last 24h −0.008%
Price spread now: Nado against Aster−0.056%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Nado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Nado is 0.056% cheaper against Aster than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MEGAUSDT0.045610.0100pay 0.0050% / 4h1h 34m$18K$89K5x
ShortNado MEGA-PERP0.045580.0063get 0.0008% / 1h34m 56s$197K$141K2x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Aster. 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

Funding earned
−$7.84
Price spread: −0.056% → 0.000%
−$5.57
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$28.42
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Nado: live order book, 27 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Nado live order book, 27 min ago3.29 bp24.4 bp −$24121.1 bp −$1,211doesn't fitdoesn't fit
Aster: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International MEGA-PERP-INTX−0.0800%1h0.04490−1.549%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04561−0.001%$1K150xas long as short
BloFin MEGA-USDT+0.0061%4h0.04547−0.308%$201K$91K50xas long as short
Nado MEGA-PERPshort+0.0063%1h0.04558−0.056%$197K$141K2x
Hyperliquid MEGA+0.0100%1h0.04567+0.137%$7.9M$2.6M3xas long as short
Aster MEGAUSDTlong+0.0100%4h0.04561long leg$18K$89K5x
Binance MEGAUSDT+0.0100%4h0.04559−0.045%$4.0M$13.6M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04556−0.111%$3.6M$5.5M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04557−0.089%$936K$3.1M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04555−0.132%$134K$4K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04558−0.067%$201K$317K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04561−0.001%$808K$365K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04561−0.001%$229K$117K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04558−0.067%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04561−0.001%$1.7Mas long as short
Backpack MEGA_USDC_PERP+0.0100%1h0.04565+0.087%$18K$46K5xas long as short
Variational Omni MEGA+0.0100%4h0.04552−0.196%$321K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04538−0.505%$30K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04540−0.461%$24K$230K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04561−0.001%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04564+0.065%$2K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04557−0.084%$128K$825K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04561−0.007%$33xas long as short
Phoenix MEGA+0.0175%1h0.04536−0.549%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04563+0.036%$3K45xas long as short
Pacifica MEGA+0.0245%1h0.04551−0.209%$14K$9K3xas long as short
Lighter MEGA+0.0560%1h0.04584+0.503%$648K$330K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.2315%1h0.04574+0.282%$111$1525xas long as short