Funding you earn now, next payment 02:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h −0.007%
Price spread now: Nado against ApeX Omni−0.066%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$830.828% of the position
Funding, last 3 days (all we have)−0.057%−$6 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.066%, 7d avg −0.043%
=Together, before fees+0.009%+ Points / potential airdropNado: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Nado is 0.023% cheaper against ApeX Omni than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.043%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni MEGAUSDT | 0.04557 | 0.0100 | pay 0.0013% / 1h | 1m 24s | $24K | $229K | 50x |
| Short | Nado MEGA-PERP | 0.04554 | 0.0060 | get 0.0007% / 1h | 1m 24s | $197K | $140K | 2x |
ApeX Omni MEGAUSDT
Nado MEGA-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against ApeX Omni. 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
- −$8.42
- Price spread: −0.066% → −0.043%
- −$2.27
- Slippage, 4 orders
- −$65.81
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$93.49
- Costs to cover
- 0.828%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 65 min ago; Nado: live order book, 1 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 ApeX Omni live order book, 65 min ago | 9.75 bp | 18.6 bp −$19 | 125.2 bp −$1,252 | doesn't fit | doesn't fit |
| Sell Nado live order book, 1 min ago | 3.29 bp | 24.4 bp −$24 | 121.1 bp −$1,211 | doesn't fit | doesn't fit |
MEGA on 27 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 | −0.0432% | 1h | 0.04490 | −1.461% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04565 | +0.174% | $1K | — | 150x | as long as short |
| Nado MEGA-PERPshort | +0.0060% | 1h | 0.04554 | −0.066% | $197K | $140K | 2x | |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04559 | +0.035% | $18K | $90K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04560 | +0.061% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04561 | +0.097% | $4.0M | $13.6M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04563 | +0.132% | $3.6M | $5.5M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04551 | −0.132% | $936K | $3.1M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04567 | +0.220% | $135K | $4K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04557 | 0.000% | $202K | $320K | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04558 | +0.022% | $815K | $367K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04560 | +0.066% | $238K | $112K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04557 | 0.000% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04564 | +0.154% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04581 | +0.531% | $323K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04561 | +0.088% | $18K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDTlong | +0.0100% | 1h | 0.04557 | long leg | $24K | $229K | 50x | |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04561 | +0.088% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04554 | −0.066% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04556 | −0.013% | $131K | $829K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04557 | −0.005% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0173% | 1h | 0.04562 | +0.110% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04562 | +0.103% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0647% | 1h | 0.04564 | +0.154% | $18K | $46K | 5x | as long as short |
| Lighter MEGA | +0.1240% | 1h | 0.04579 | +0.483% | $648K | $336K | 3x | as long as short |
| Hyperliquid MEGA | +0.1589% | 1h | 0.04568 | +0.230% | $7.9M | $2.6M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1810% | 1h | 0.04572 | +0.331% | $111 | $15 | 25x | as long as short |
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Lighter MEGA
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL