Spread before costs (cost unknown: a leg has no order-book sample)+0.392%
7d average—if it closes, per $10,000$39funding while held, a day+$1.06
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni MEGAUSDT | 0.04340 | 0.0100 | pay 0.0013% / 1h | 0m 58s | $24K | $223K | 50x |
| Short | Backpack MEGA_USDC_PERP | 0.04357 | 0.0135 | get 0.0017% / 1h | 0m 58s | $17K | $38K | 5x |
ApeX Omni MEGAUSDT
Backpack MEGA_USDC_PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $39.17
- Funding while held
- $1.06
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $20.24
- Spread needed to break even
- 0.200%
Slippage unknown: ApeX Omni: live order book, 37 min ago; Backpack: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0035%
- Per $10,000 a day
- +$1.06
- Average in range /8h
- —
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 ApeX Omni live order book, 37 min ago | 5.64 bp | 20.1 bp −$20 | 123.1 bp −$1,231 | doesn't fit | doesn't fit |
| Sell Backpack no order-book sample | — | — | — | — | — |
Backpack: 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 price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni0.04340cheapest
BloFin0.04349+0.207%Bybit0.04351+0.253%MEXC0.04353+0.300%BingX0.04353+0.300%Extended0.04353+0.300%Binance0.04354+0.321%OKX0.04354+0.323%Gate0.04354+0.323%KuCoin0.04354+0.323%Bitget0.04355+0.346%Phoenix0.04356+0.369%SunX0.04356+0.369%Pacifica0.04356+0.373%Nado0.04356+0.380%
BloFin
Bybit
MEXC
BingX
Extended
Binance
OKX
Gate
KuCoin
Bitget
Phoenix
SunX
Pacifica
NadoBackpack0.04357+0.392%
Reya0.04357+0.400%Aster0.04358+0.405%Bulk0.04360+0.461%Orderly0.04360+0.461%gTrade (Gains Network)0.04360+0.466%GMX0.04360+0.472%Hyperliquid0.04361+0.484%Variational Omni0.04363+0.527%Deribit0.04368+0.647%Coinbase International0.04376+0.820%Lighter0.04380+0.922%
Reya
Aster
Bulk
Orderly
gTrade (Gains Network)
GMX
Hyperliquid
Variational Omni
Deribit
Coinbase International
LighterMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni MEGAUSDTlong | 0.000% | +0.0100% | 1h | $24K | $223K | 50x | |
| BloFin MEGA-USDT | +0.207% | +0.0135% | 4h | $200K | $73K | 50x | as long as short |
| Bybit MEGAUSDT | +0.253% | +0.0100% | 4h | $3.1M | $4.6M | 20x | as long as short |
| MEXC MEGA_USDT | +0.300% | +0.0100% | 4h | $744K | $359K | 50x | as long as short |
| BingX MEGA-USDT | +0.300% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Extended MEGA-USD | +0.300% | +0.0104% | 1h | $131K | $602K | 5x | as long as short |
| Binance MEGAUSDT | +0.321% | +0.0100% | 4h | $3.9M | $12.6M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.323% | +0.0100% | 4h | $906K | $2.9M | 20x | as long as short |
| Gate MEGA_USDT | +0.323% | +0.0100% | 4h | $188K | $258K | 20x | as long as short |
| KuCoin MEGAUSDTM | +0.323% | +0.0100% | 4h | $226K | $115K | 50x | as long as short |