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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0047%/8h= +5.2% APRpaid last 24h +0.009%
Price spread now: Aster against Nado+0.071%7-day average · you sell dearer than you buy
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 airdropNado: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.071% dearer against Nado than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MEGA-PERP0.045320.0053pay 0.0007% / 1h16m 56s$195K$142K2x
ShortAster MEGAUSDT0.045360.0100get 0.0050% / 4h2h 16m$19K$91K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Nado. 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
$9.95
Price spread: +0.071% → 0.000%
$7.12
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Aster: 4 bp × 2 orders
−$8
Net
$2.07
Costs to cover
0.150%
Break-even
5.5 days
Slippage unknown: Nado: live order book, 30 min ago; Aster: no order-book sample. 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 Nado live order book, 30 min ago2.21 bp22.6 bp −$23125.8 bp −$1,258doesn't fitdoesn't fit
Sell Aster no order-book sample
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
Bybit MEGAUSDT−0.0055%4h0.04528−0.099%$3.4M$5.9M20xas long as short
Coinbase International MEGA-PERP-INTX−0.0048%1h0.04589+1.258%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04533+0.009%$1K150xas long as short
Nado MEGA-PERPlong+0.0053%1h0.04532long leg$195K$142K2x
Aster MEGAUSDTshort+0.0100%4h0.04536+0.071%$19K$91K5x
Pacifica MEGA+0.0100%1h0.04542+0.201%$14K$10K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04534+0.026%$4.0M$13.8M50xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04530−0.055%$918K$3.2M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04490−0.938%$133K$11110xas long as short
Gate MEGA_USDT+0.0100%4h0.04533+0.011%$203K$333K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MEGA_USDT+0.0100%4h0.04534+0.033%$810K$400K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04532−0.011%$229K$120K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04532−0.011%$1.0M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04534+0.033%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04509−0.514%$318K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04536+0.071%$21K$1.9M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04533+0.011%$23K$228K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04533+0.011%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04534+0.033%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04532−0.015%$128K$431K5xas long as short
BloFin MEGA-USDT+0.0123%4h0.04526−0.143%$198K$93K50xas long as short
Backpack MEGA_USDC_PERP+0.0124%1h0.04537+0.099%$18K$57K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04532−0.016%$33xas long as short
Phoenix MEGA+0.0177%1h0.04526−0.143%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04532−0.018%$3K45xas long as short
Lighter MEGA+0.0368%1h0.04554+0.474%$621K$366K3xas long as short
Hyperliquid MEGA+0.0393%1h0.04541+0.196%$7.8M$2.6M3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0897%1h0.04539+0.148%$110$1525xas long as short