Spread before costs (cost unknown: a leg has no order-book sample)−0.115%
7d average—if it closes, per $10,000$11funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack MEGA_USDC_PERP | 0.04354 | 0.0100 | pay 0.0013% / 1h | 58m 48s | $17K | $38K | 5x |
| Short | KuCoin MEGAUSDTM | 0.04349 | 0.0100 | get 0.0050% / 4h | 1h 58m | $226K | $115K | 50x |
Backpack MEGA_USDC_PERP
KuCoin MEGAUSDTMPrice 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
- −$11.48
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$33.48
- Spread needed to break even
- 0.220%
Slippage unknown: Backpack: no order-book sample; KuCoin: live order book, 39 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Backpack no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 39 min ago | 10.15 bp | 283.1 bp −$283 | doesn't fit | doesn't fit | doesn't fit |
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.BingX0.04347cheapestBinance0.04348+0.019%Bybit0.04348+0.023%Gate0.04349+0.046%MEXC0.04349+0.046%
BingX
Binance
Bybit
Gate
MEXCKuCoin0.04349+0.046%
OKX0.04350+0.069%BloFin0.04350+0.069%Extended0.04351+0.081%Aster0.04351+0.092%Bitget0.04351+0.092%GMX0.04352+0.108%Reya0.04352+0.112%Orderly0.04352+0.115%gTrade (Gains Network)0.04352+0.117%ApeX Omni0.04353+0.138%SunX0.04353+0.138%Variational Omni0.04353+0.148%
OKX
BloFin
Extended
Aster
Bitget
GMX
Reya
Orderly
gTrade (Gains Network)
ApeX Omni
SunX
Variational OmniBackpack0.04354+0.161%
Nado0.04354+0.173%Pacifica0.04355+0.191%Phoenix0.04356+0.207%Deribit0.04359+0.274%Hyperliquid0.04359+0.276%Bulk0.04360+0.299%Lighter0.04372+0.575%Coinbase International0.04376+0.658%
Nado
Pacifica
Phoenix
Deribit
Hyperliquid
Bulk
Lighter
Coinbase InternationalMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX MEGA-USDT | −0.161% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Binance MEGAUSDT | −0.142% | +0.0100% | 4h | $3.9M | $12.6M | 50x | as long as short |
| Bybit MEGAUSDT | −0.138% | +0.0100% | 4h | $3.1M | $4.6M | 20x | as long as short |
| Gate MEGA_USDT | −0.115% | +0.0100% | 4h | $188K | $254K | 20x | as long as short |
| MEXC MEGA_USDT | −0.115% | +0.0100% | 4h | $742K | $355K | 50x | as long as short |
| KuCoin MEGAUSDTMshort | −0.115% | +0.0100% | 4h | $226K | $115K | 50x | |
| OKX MEGA-USDT-SWAP | −0.092% | +0.0100% | 4h | $907K | $2.9M | 20x | as long as short |
| BloFin MEGA-USDT | −0.092% | +0.0070% | 4h | $201K | $73K | 50x | as long as short |
| Extended MEGA-USD | −0.080% | +0.0104% | 1h | $131K | $602K | 5x | as long as short |
| Aster MEGAUSDT | −0.069% | +0.0100% | 4h | $27K | $66K | 5x | as long as short |