Spread before costs (cost unknown: a leg has no order-book sample)+1.918%
7d average—if it closes, per $10,000$192funding while held, a day+$33.72
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MEGAUSDT | 0.04495 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $4.2M | $11.4M | 50x |
| Short | Coinbase International MEGA-PERP-INTX | 0.04581 | 0.1224 | get 0.0153% / 1h | 31m 07s | $7K | $6K | 50x |
Binance MEGAUSDT
Coinbase International MEGA-PERP-INTXPrice 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
- $191.8
- Funding while held
- $33.72
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $205.52
- Spread needed to break even
- 0.200%
Slippage unknown: Binance: live order book, 10 min ago; Coinbase International: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1124%
- Per $10,000 a day
- +$33.72
- 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 Binance live order book, 10 min ago | 2.20 bp | 28.0 bp −$28 | 73.1 bp −$731 | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: 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.BingX0.04493cheapestBybit0.04494+0.022%OKX0.04494+0.022%
BingX
Bybit
OKXBinance0.04495+0.035%
ApeX Omni0.04495+0.045%MEXC0.04498+0.111%Bitget0.04498+0.111%Gate0.04499+0.134%Reya0.04500+0.150%Variational Omni0.04500+0.163%Nado0.04501+0.167%Phoenix0.04503+0.223%Extended0.04503+0.226%KuCoin0.04504+0.245%BloFin0.04504+0.245%Bulk0.04505+0.267%Backpack0.04505+0.267%Orderly0.04505+0.267%gTrade (Gains Network)0.04505+0.277%GMX0.04506+0.280%Aster0.04507+0.304%Pacifica0.04507+0.307%SunX0.04510+0.378%Deribit0.04515+0.483%Hyperliquid0.04516+0.512%Lighter0.04528+0.779%
ApeX Omni
MEXC
Bitget
Gate
Reya
Variational Omni
Nado
Phoenix
Extended
KuCoin
BloFin
Bulk
Backpack
Orderly
gTrade (Gains Network)
GMX
Aster
Pacifica
SunX
Deribit
Hyperliquid
LighterCoinbase International0.04581+1.954%
MEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX MEGA-USDT | −0.035% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Bybit MEGAUSDT | −0.013% | +0.0100% | 4h | $3.3M | $4.4M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | −0.013% | +0.0100% | 4h | $913K | $2.8M | 20x | as long as short |
| Binance MEGAUSDTlong | 0.000% | +0.0100% | 4h | $4.2M | $11.4M | 50x | |
| ApeX Omni MEGAUSDT | +0.009% | +0.0100% | 1h | $25K | $223K | 50x | as long as short |
| MEXC MEGA_USDT | +0.076% | +0.0100% | 4h | $733K | $336K | 50x | as long as short |
| Bitget MEGAUSDT | +0.076% | +0.0100% | 4h | $1.1M | $1.3M | 50x | as long as short |
| Gate MEGA_USDT | +0.098% | +0.0100% | 4h | $200K | $234K | 20x | as long as short |
| Reya MEGARUSDPERP | +0.114% | +0.0159% | 1h | $3 | — | 3x | as long as short |
| Variational Omni MEGA | +0.128% | +0.0100% | 4h | $239K | $101K | — | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado MEGA-PERP | +0.131% | +0.0054% | 1h | $195K | $141K | 2x | as long as short |
| Phoenix MEGA | +0.187% | +0.0177% | 1h | $20K | $6K | 5x | as long as short |
| Extended MEGA-USD | +0.190% | +0.0104% | 1h | $136K | $605K | 5x | as long as short |
| KuCoin MEGAUSDTM | +0.209% | +0.0100% | 4h | $237K | $106K | 50x | as long as short |
| BloFin MEGA-USDT | +0.209% | +0.0060% | 4h | $210K | $75K | 50x | as long as short |
| Bulk MEGA-USD | +0.232% | +0.0100% | 1h | $133K | $569 | 10x | as long as short |
| Backpack MEGA_USDC_PERP | +0.232% | +0.0100% | 1h | $19K | $38K | 5x | as long as short |
| Orderly PERP_MEGA_USDC | +0.232% | +0.0100% | 4h | $3K | $994 | 10x | as long as short |
| gTrade (Gains Network) MEGA/USD | +0.242% | L −0.0022% / S +0.0023% | 1h | $15K | — | 150x | as long as short |
| GMX MEGA/USD [ETH-USDC] | +0.245% | L +0.0236% / S −0.5353% | 1h | $3K | — | 45x | as long as short |
| Aster MEGAUSDT | +0.269% | +0.0100% | 4h | $33K | $57K | 5x | as long as short |
| Pacifica MEGA | +0.272% | +0.0100% | 1h | $15K | $10K | 3x | as long as short |
| SunX MEGA-USDT | +0.343% | +0.0100% | 4h | $2K | $1.8M | 10x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.447% | +0.1503% | 1h | $109 | $15 | 25x | as long as short |
| Hyperliquid MEGA | +0.476% | +0.0972% | 1h | $7.6M | $2.4M | 3x | as long as short |
| Lighter MEGA | +0.743% | +0.0944% | 1h | $600K | $224K | 3x | as long as short |
| Coinbase International MEGA-PERP-INTXshort | +1.918% | +0.1224% | 1h | $7K | $6K | 50x |