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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0007%/8h= +0.8% APRpaid last 24h +0.009%
Price spread now: BingX against Nado−0.033%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1161.155% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.058%+$6 on $10k
Price spread, last 4 days (all we have)−0.318%−$32 · spread now −0.033%, 7d avg −0.035%
Together, before fees−0.261%+ Points / potential airdropNado: Active · farm board−$26 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MEGA-PERP0.045780.0093pay 0.0012% / 1h50m 27s$198K$144K2x
ShortBingX MEGA-USDT0.045770.0100get 0.0050% / 4h3h 50m$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$1.5
Price spread: −0.033% → −0.035%
$0.18
Slippage, 4 orders
−$98.54
Fee Nado: 3.5 bp × 2 orders
−$7
Fee BingX: 5 bp × 2 orders
−$10
Net
−$113.86
Costs to cover
1.155%
Break-even
536.9 days
Slippage from Nado: live order book, 2 min ago; BingX: live order book, 7 min ago.

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, 2 min ago2.18 bp20.9 bp −$21114.0 bp −$1,140doesn't fitdoesn't fit
Sell BingX live order book, 7 min ago16.36 bp30.5 bp −$3192.7 bp −$927719.7 bp −$72.0K1219.9 bp −$609.9K

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−0.0680%1h0.04589+0.240%$5K$12K50xas long as short
Phoenix MEGA0.0000%1h0.04598+0.426%$21K$7K5xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04579+0.006%$1K150xas long as short
Bybit MEGAUSDT+0.0031%4h0.04583+0.098%$3.5M$5.8M20xas long as short
BloFin MEGA-USDT+0.0044%4h0.04582+0.076%$202K$95K50xas long as short
Nado MEGA-PERPlong+0.0093%1h0.04578long leg$198K$144K2x
Aster MEGAUSDT+0.0100%4h0.04580+0.042%$19K$91K5xas long as short
Pacifica MEGA+0.0100%1h0.04582+0.072%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04583+0.102%$4.1M$13.7M50xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04579+0.011%$934K$3.2M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk MEGA-USD+0.0100%1h0.04590+0.251%$136K$11110xas long as short
Gate MEGA_USDT+0.0100%4h0.04580+0.033%$204K$326K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04580+0.033%$804K$374K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04579+0.011%$233K$119K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04583+0.098%$1.1M$1.5M50xas long as short
BingX MEGA-USDTshort+0.0100%4h0.04577−0.033%$1.7M
Variational Omni MEGA+0.0100%4h0.04577−0.039%$323K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04599+0.447%$25K$1.8M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04599+0.448%$24K$230K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04579+0.011%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04574−0.098%$1K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04577−0.028%$128K$824K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04582+0.072%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04579+0.020%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0276%1h0.04584+0.120%$18K$53K5xas long as short
Hyperliquid MEGA+0.0397%1h0.04592+0.290%$7.9M$2.6M3xas long as short
Lighter MEGA+0.0808%1h0.04604+0.557%$651K$341K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0820%1h0.04586+0.157%$111$1525xas long as short