Funding you earn now, next payment 06:00 UTC+0.0040%/8h= +4.3% APRnext payment +$0.05 per $10,000 · paid last 24h +0.009%
Price spread now: ApeX Omni against Nado+0.212%61s7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$730.730% of the position
Funding, last 3 days (all we have)+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)−0.207%−$21 · spread now +0.212%, 7d avg +0.039%
=Together, before fees−0.149%+ Points / potential airdropNado: Active · farm board−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.172% dearer against Nado than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.039%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MEGA-PERP | 0.04485 | 0.0060 | pay 0.0008% / 1h | 28m 23s | $193K | $141K | 2x |
| Short | ApeX Omni MEGAUSDT | 0.04495 | 0.0100 | get 0.0013% / 1h | 28m 23s | $23K | $228K | 50x |
Nado MEGA-PERP
ApeX Omni MEGAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX 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
- $8.33
- Price spread: +0.212% → +0.039%
- $17.24
- Slippage, 4 orders
- −$56.01
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$47.44
- Costs to cover
- 0.730%
- Break-even
- 46.9 days
Slippage from Nado: live order book, 19 min ago; ApeX Omni: live order book, 18 min ago.
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, 19 min ago | 2.21 bp | 22.6 bp −$23 | 125.8 bp −$1,258 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 18 min ago | 6.65 bp | 16.0 bp −$16 | 135.1 bp −$1,351 | 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 | −0.0048% | 1h | 0.04589 | +2.319% | $5K | $12K | 50x | as long as short |
| Bybit MEGAUSDT | −0.0024% | 4h | 0.04486 | +0.011% | $3.4M | $5.9M | 20x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04488 | +0.051% | $1K | — | 150x | as long as short |
| Nado MEGA-PERPlong | +0.0060% | 1h | 0.04485 | long leg | $193K | $141K | 2x | |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04491 | +0.124% | $18K | $91K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04491 | +0.118% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04489 | +0.070% | $3.9M | $13.8M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04490 | +0.100% | $909K | $3.1M | 20x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04487 | +0.033% | $200K | $330K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04490 | +0.100% | $811K | $397K | 50x | as long as short |
Coinbase International MEGA-PERP-INTX
Bybit MEGAUSDT
gTrade (Gains Network) MEGA/USD
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
Gate MEGA_USDT
MEXC MEGA_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04490 | +0.100% | $227K | $120K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04488 | +0.056% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04486 | +0.011% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04490 | +0.107% | $317K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04497 | +0.263% | $20K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDTshort | +0.0100% | 1h | 0.04495 | +0.212% | $23K | $228K | 50x | |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04489 | +0.078% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04487 | +0.033% | $1K | $1.9M | 10x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04501 | +0.336% | $133K | $111 | 10x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0103% | 1h | 0.04500 | +0.323% | $18K | $56K | 5x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04488 | +0.061% | $126K | $429K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0155% | 4h | 0.04498 | +0.279% | $198K | $93K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04485 | −0.004% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0177% | 1h | 0.04493 | +0.167% | $20K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04486 | +0.016% | $3K | — | 45x | as long as short |
| Lighter MEGA | +0.0408% | 1h | 0.04508 | +0.502% | $614K | $366K | 3x | as long as short |
| Hyperliquid MEGA | +0.0474% | 1h | 0.04495 | +0.216% | $7.8M | $2.6M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0930% | 1h | 0.04497 | +0.252% | $109 | $15 | 25x | as long as short |
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Bulk MEGA-USD
Backpack MEGA_USDC_PERP
Extended MEGA-USD
BloFin MEGA-USDT
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Lighter MEGA
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL