Spread before costs (cost unknown: a leg has no order-book sample)+0.027%
7d average—if it closes, per $10,000$3funding while held, a day+$157.58
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni MEGAUSDT | 0.04456 | 0.0100 | pay 0.0013% / 1h | 41m 19s | $24K | $225K | 50x |
| Short | GMX MEGA/USD [ETH-USDC] | 0.04457 | L +0.0236% / S −0.5353% | get 0.0669% / 1h | 41m 19s | $3K | — | 45x |
ApeX Omni MEGAUSDT
GMX MEGA/USD [ETH-USDC]Price 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
- $2.69
- Funding while held
- $157.58
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $138.28
- Spread needed to break even
- 0.220%
Slippage unknown: ApeX Omni: live order book, 56 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.5253%
- Per $10,000 a day
- +$157.58
- 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, 56 min ago | 5.64 bp | 20.1 bp −$20 | 123.1 bp −$1,231 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 price on every exchange
against the cheapest. Click to use as the short leg.Bulk0.04430cheapestVariational Omni0.04430+0.003%Phoenix0.04446+0.361%OKX0.04452+0.497%BingX0.04452+0.497%SunX0.04452+0.497%Extended0.04453+0.508%Bybit0.04453+0.519%BloFin0.04453+0.519%Binance0.04454+0.542%Orderly0.04454+0.542%
Bulk
Variational Omni
Phoenix
OKX
BingX
SunX
Extended
Bybit
BloFin
Binance
OrderlyApeX Omni0.04456+0.587%
Nado0.04456+0.598%Gate0.04457+0.609%Bitget0.04457+0.609%
Nado
Gate
BitgetGMX0.04457+0.614%
Reya0.04457+0.614%MEXC0.04458+0.632%gTrade (Gains Network)0.04458+0.632%Deribit0.04460+0.673%Pacifica0.04460+0.688%Backpack0.04461+0.700%KuCoin0.04462+0.722%Aster0.04463+0.739%Hyperliquid0.04469+0.874%Lighter0.04478+1.084%Coinbase International0.04484+1.217%
Reya
MEXC
gTrade (Gains Network)
Deribit
Pacifica
Backpack
KuCoin
Aster
Hyperliquid
Lighter
Coinbase InternationalMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | −0.583% | +0.0100% | 1h | $131K | −$0 | 10x | as long as short |
| Variational Omni MEGA | −0.581% | +0.0100% | 4h | $237K | $106K | — | as long as short |
| Phoenix MEGA | −0.224% | +0.0184% | 1h | $20K | $6K | 5x | as long as short |
| OKX MEGA-USDT-SWAP | −0.090% | +0.0100% | 4h | $922K | $3.0M | 20x | as long as short |
| BingX MEGA-USDT | −0.090% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| SunX MEGA-USDT | −0.090% | +0.0100% | 4h | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | −0.078% | +0.0104% | 1h | $134K | $602K | 5x | as long as short |
| Bybit MEGAUSDT | −0.067% | +0.0100% | 4h | $3.2M | $4.7M | 20x | as long as short |
| BloFin MEGA-USDT | −0.067% | +0.0118% | 4h | $201K | $77K | 50x | as long as short |
| Binance MEGAUSDT | −0.045% | +0.0100% | 4h | $4.0M | $12.7M | 50x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_MEGA_USDC | −0.045% | +0.0099% | 4h | $3K | $961 | 10x | as long as short |
| ApeX Omni MEGAUSDTlong | 0.000% | +0.0100% | 1h | $24K | $225K | 50x | |
| Nado MEGA-PERP | +0.011% | +0.0001% | 1h | $193K | $158K | 2x | as long as short |
| Gate MEGA_USDT | +0.022% | +0.0100% | 4h | $184K | $265K | 20x | as long as short |
| Bitget MEGAUSDT | +0.022% | +0.0100% | 4h | $1.1M | $1.4M | 50x | as long as short |
| GMX MEGA/USD [ETH-USDC]short | +0.027% | L +0.0236% / S −0.5353% | 1h | $3K | — | 45x | |
| Reya MEGARUSDPERP | +0.027% | +0.0159% | 1h | $3 | — | 3x | as long as short |
| MEXC MEGA_USDT | +0.045% | +0.0100% | 4h | $804K | $363K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | +0.045% | L −0.0019% / S +0.0023% | 1h | $16K | — | 150x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.085% | +0.0356% | 1h | $108 | $15 | 25x | as long as short |
| Pacifica MEGA | +0.101% | +0.0100% | 1h | $14K | $11K | 3x | as long as short |
| Backpack MEGA_USDC_PERP | +0.112% | +0.0222% | 1h | $17K | $38K | 5x | as long as short |
| KuCoin MEGAUSDTM | +0.135% | +0.0100% | 4h | $233K | $115K | 50x | as long as short |
| Aster MEGAUSDT | +0.151% | +0.0100% | 4h | $27K | $65K | 5x | as long as short |
| Hyperliquid MEGA | +0.285% | +0.0603% | 1h | $7.5M | $2.5M | 3x | as long as short |
| Lighter MEGA | +0.494% | +0.0096% | 1h | $600K | $288K | 3x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.626% | +0.1368% | 1h | $6K | $5K | 50x | as long as short |