MEGA

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.124%

7d average—if it closes, per $10,000$12funding while held, a day−$0.04

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MEGAUSDT	0.04355	0.0100	pay 0.0050% / 4h	2h 01m	$27K	$66K	5x
Short	Orderly PERP_MEGA_USDC	0.04360	0.0099	get 0.0049% / 4h	2h 01m	$3K	$994	10x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee AsterbpFee OrderlybpOrdersClose when spread is

Spread captured: $12.42
Funding while held: −$0.04
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$1.62
Spread needed to break even: 0.140%

Slippage unknown: Aster: no order-book sample; Orderly: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: −0.0001%
Per $10,000 a day: −$0.04
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 Aster no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Aster and Orderly: 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 27 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
ApeX Omni MEGAUSDT	−0.335%	+0.0100%	1h	$24K	$223K	50x	as long as short
BloFin MEGA-USDT	−0.128%	+0.0135%	4h	$200K	$73K	50x	as long as short
MEXC MEGA_USDT	−0.037%	+0.0100%	4h	$745K	$359K	50x	as long as short
BingX MEGA-USDT	−0.037%	+0.0100%	4h	—	$1.7M	—	as long as short
Bybit MEGAUSDT	−0.014%	+0.0100%	4h	$3.1M	$4.6M	20x	as long as short
Gate MEGA_USDT	−0.014%	+0.0100%	4h	$188K	$258K	20x	as long as short
Binance MEGAUSDT	−0.013%	+0.0100%	4h	$3.9M	$12.6M	50x	as long as short
Aster MEGAUSDTlong	0.000%	+0.0100%	4h	$27K	$66K	5x
Bitget MEGAUSDT	+0.009%	+0.0100%	4h	$1.1M	$1.4M	50x	as long as short
OKX MEGA-USDT-SWAP	+0.032%	+0.0100%	4h	$906K	$2.9M	20x	as long as short

Show all 27 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Phoenix MEGA	+0.032%	0.0000%	1h	$20K	$6K	5x	as long as short
SunX MEGA-USDT	+0.032%	+0.0100%	4h	$2K	$1.9M	10x	as long as short
Pacifica MEGA	+0.037%	+0.0100%	1h	$13K	$11K	3x	as long as short
Nado MEGA-PERP	+0.044%	+0.0066%	1h	$188K	$157K	2x	as long as short
Backpack MEGA_USDC_PERP	+0.055%	+0.0135%	1h	$17K	$38K	5x	as long as short
Reya MEGARUSDPERP	+0.064%	+0.0159%	1h	$3	—	3x	as long as short
Bulk MEGA-USD	+0.124%	+0.0100%	1h	$129K	−$0	10x	as long as short
Orderly PERP_MEGA_USDCshort	+0.124%	+0.0099%	4h	$3K	$994	10x
gTrade (Gains Network) MEGA/USD	+0.129%	L −0.0022% / S +0.0023%	1h	$14K	—	150x	as long as short
GMX MEGA/USD [ETH-USDC]	+0.136%	L +0.0235% / S −0.5353%	1h	$3K	—	45x	as long as short
Hyperliquid MEGA	+0.147%	+0.1188%	1h	$7.3M	$2.5M	3x	as long as short
KuCoin MEGAUSDTM	+0.147%	+0.0100%	4h	$226K	$115K	50x	as long as short
Extended MEGA-USD	+0.149%	+0.0104%	1h	$131K	$602K	5x	as long as short
Variational Omni MEGA	+0.190%	+0.0100%	4h	$230K	$102K	—	as long as short
Deribit MEGA_USDC-PERPETUAL	+0.310%	+0.1355%	1h	$106	$15	25x	as long as short
Coinbase International MEGA-PERP-INTX	+0.482%	+0.1192%	1h	$6K	$5K	50x	as long as short
Lighter MEGA	+0.583%	+0.0208%	1h	$587K	$287K	3x	as long as short