MEGA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0176%/8h= −19.3% APRnext payment −$0.22 per $10,000 · paid last 24h −0.040%

Price spread now: Nado against GMX+0.103%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Nado

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 · farm boardneeds both histories

The price spread pays, funding is against you. Nado is 0.103% dearer against GMX than usual: you sell high and buy low (spread +0.103% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 47 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX MEGA/USD [ETH-USDC]	0.04583	L +0.0237% / S −0.5353%	pay 0.0030% / 1h	9m 48s	$3K	—	45x
Short	Nado MEGA-PERP	0.04587	0.0061	get 0.0008% / 1h	9m 48s	$198K	$141K	2x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against GMX. 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 GMXbpFee NadobpOrdersPrice spread, now +0.103%Rate

Funding earned: −$37.03
Price spread: +0.103% → 0.000%: $10.26
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$45.78
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Nado: live order book, 53 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 GMX no order-book sample	—	—	—	—	—
Sell Nado live order book, 53 min ago	3.29 bp	24.4 bp −$24	121.1 bp −$1,211	doesn't fit	doesn't fit

GMX: 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	−0.0800%	1h	0.04490	−2.016%	$5K	$12K	50x	as long as short
gTrade (Gains Network) MEGA/USD	L +0.0001% / S +0.0023%	1h	0.04584	+0.022%	$1K	—	150x	as long as short
Nado MEGA-PERPshort	+0.0061%	1h	0.04587	+0.103%	$198K	$141K	2x
BloFin MEGA-USDT	+0.0092%	4h	0.04580	−0.061%	$203K	$94K	50x	as long as short
Hyperliquid MEGA	+0.0100%	1h	0.04589	+0.144%	$7.9M	$2.6M	3x	as long as short
Aster MEGAUSDT	+0.0100%	4h	0.04585	+0.043%	$18K	$89K	5x	as long as short
Binance MEGAUSDT	+0.0100%	4h	0.04583	+0.004%	$4.1M	$13.6M	50x	as long as short
Bybit MEGAUSDT	+0.0100%	4h	0.04582	−0.017%	$3.6M	$5.6M	20x	as long as short
OKX MEGA-USDT-SWAP	+0.0100%	4h	0.04580	−0.061%	$940K	$3.1M	20x	as long as short
Gate MEGA_USDT	+0.0100%	4h	0.04583	+0.004%	$199K	$320K	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC MEGA_USDT	+0.0100%	4h	0.04583	+0.004%	$819K	$368K	50x	as long as short
KuCoin MEGAUSDTM	+0.0100%	4h	0.04585	+0.048%	$231K	$117K	50x	as long as short
Bitget MEGAUSDT	+0.0100%	4h	0.04582	−0.017%	$1.1M	$1.5M	50x	as long as short
BingX MEGA-USDT	+0.0100%	4h	0.04582	−0.017%	—	$1.7M	—	as long as short
Variational Omni MEGA	+0.0100%	4h	0.04581	−0.048%	$323K	$226K	—	as long as short
GRVT MEGA_USDT_Perp	+0.0100%	4h	0.04578	−0.109%	$25K	$1.7M	10x	as long as short
ApeX Omni MEGAUSDT	+0.0100%	1h	0.04580	−0.061%	$24K	$231K	50x	as long as short
Orderly PERP_MEGA_USDC	+0.0100%	4h	0.04583	+0.004%	$3K	$2K	10x	as long as short
SunX MEGA-USDT	+0.0100%	4h	0.04587	+0.092%	$2K	$1.9M	10x	as long as short
Bulk MEGA-USD	+0.0100%	1h	0.04600	+0.375%	$136K	$4K	10x	as long as short
Extended MEGA-USD	+0.0104%	1h	0.04581	−0.033%	$130K	$821K	5x	as long as short
Reya MEGARUSDPERP	+0.0159%	1h	0.04582	−0.016%	$3	—	3x	as long as short
Backpack MEGA_USDC_PERP	+0.0161%	1h	0.04588	+0.113%	$18K	$46K	5x	as long as short
Phoenix MEGA	+0.0175%	1h	0.04576	−0.148%	$21K	$7K	5x	as long as short
GMX MEGA/USD [ETH-USDC]long	L +0.0237% / S −0.5353%	1h	0.04583	long leg	$3K	—	45x
Pacifica MEGA	+0.0245%	1h	0.04588	+0.111%	$14K	$9K	3x	as long as short
Lighter MEGA	+0.0584%	1h	0.04607	+0.528%	$652K	$336K	3x	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.1299%	1h	0.04591	+0.190%	$111	$15	25x	as long as short