After costs, if the gap returns to its 7d average, $10k−$69
spread now+0.306%7d average+0.154%fees + slippage, in and out−$85spread needed0.847%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MEGAUSDT | 0.04453 | 0.0100 | pay 0.0050% / 4h | 1h 39m | $4.0M | $12.7M | 50x |
| Short | Hyperliquid MEGA | 0.04467 | 0.0555 | get 0.0069% / 1h | 39m 08s | $7.5M | $2.5M | 3x |
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
- $30.64
- Funding while held
- $13.66
- Slippage, 4 orders
- −$65.72
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$40.42
- Spread needed to break even
- 0.847%
Slippage from Binance: live order book, 3 min ago; Hyperliquid: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0455%
- Per $10,000 a day
- +$13.66
- 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, 3 min ago | 1.12 bp | 23.9 bp −$24 | 72.9 bp −$729 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 2.59 bp | 8.5 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
MEGA price on every exchange
against the cheapest. Click to use as the short leg.MEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | −0.527% | +0.0100% | 1h | $131K | −$0 | 10x | as long as short |
| OKX MEGA-USDT-SWAP | −0.078% | +0.0100% | 4h | $923K | $3.0M | 20x | as long as short |
| Nado MEGA-PERP | −0.044% | +0.0003% | 1h | $193K | $158K | 2x | as long as short |
| Bybit MEGAUSDT | −0.010% | +0.0100% | 4h | $3.2M | $4.7M | 20x | as long as short |
| Binance MEGAUSDTlong | 0.000% | +0.0100% | 4h | $4.0M | $12.7M | 50x | |
| MEXC MEGA_USDT | +0.012% | +0.0100% | 4h | $788K | $368K | 50x | as long as short |
| BingX MEGA-USDT | +0.035% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| SunX MEGA-USDT | +0.035% | +0.0100% | 4h | $1K | $1.9M | 10x | as long as short |
| BloFin MEGA-USDT | +0.035% | +0.0138% | 4h | $201K | $77K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.050% | +0.0159% | 1h | $3 | — | 3x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin MEGAUSDTM | +0.057% | +0.0100% | 4h | $229K | $117K | 50x | as long as short |
| ApeX Omni MEGAUSDT | +0.057% | +0.0100% | 1h | $24K | $225K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.057% | +0.0099% | 4h | $3K | $961 | 10x | as long as short |
| Extended MEGA-USD | +0.076% | +0.0104% | 1h | $134K | $602K | 5x | as long as short |
| Phoenix MEGA | +0.080% | +0.0184% | 1h | $20K | $6K | 5x | as long as short |
| Aster MEGAUSDT | +0.094% | +0.0100% | 4h | $27K | $65K | 5x | as long as short |
| Pacifica MEGA | +0.122% | +0.0100% | 1h | $14K | $11K | 3x | as long as short |
| Gate MEGA_USDT | +0.125% | +0.0100% | 4h | $183K | $266K | 20x | as long as short |
| GMX MEGA/USD [ETH-USDC] | +0.133% | L +0.0236% / S −0.5353% | 1h | $3K | — | 45x | as long as short |
| Variational Omni MEGA | +0.140% | +0.0100% | 4h | $239K | $105K | — | as long as short |
| Bitget MEGAUSDT | +0.147% | +0.0100% | 4h | $1.1M | $1.4M | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | +0.154% | L −0.0019% / S +0.0023% | 1h | $16K | — | 150x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.217% | +0.0288% | 1h | $108 | $15 | 25x | as long as short |
| Backpack MEGA_USDC_PERP | +0.237% | +0.0129% | 1h | $17K | $38K | 5x | as long as short |
| Hyperliquid MEGAshort | +0.306% | +0.0555% | 1h | $7.5M | $2.5M | 3x | |
| Lighter MEGA | +0.506% | +0.0096% | 1h | $599K | $288K | 3x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.684% | +0.1368% | 1h | $6K | $5K | 50x | as long as short |
Binance MEGAUSDT
Hyperliquid MEGA
Bulk
OKX
Bybit
MEXC
BingX
SunX
BloFin
KuCoin
ApeX Omni
Extended
Phoenix
Aster
Pacifica
Gate
GMX
Variational Omni
Bitget
gTrade (Gains Network)
Deribit
Backpack
Lighter
Coinbase International