Spread before costs (cost unknown: a leg has no order-book sample)+0.513%
7d average—if it closes, per $10,000$51funding while held, a day+$32.76
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MEGA-USDT | 0.04386 | 0.0100 | pay 0.0050% / 4h | 2h 41m | — | $1.7M | — |
| Short | Coinbase International MEGA-PERP-INTX | 0.04408 | 0.1192 | get 0.0149% / 1h | 41m 18s | $7K | $6K | 50x |
BingX MEGA-USDT
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
- $51.3
- Funding while held
- $32.76
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $64.06
- Spread needed to break even
- 0.200%
Slippage unknown: BingX: live order book, 12 min ago; Coinbase International: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1092%
- Per $10,000 a day
- +$32.76
- 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 BingX live order book, 12 min ago | 15.63 bp | 34.5 bp −$34 | 46.4 bp −$464 | 712.3 bp −$71.2K | 1266.0 bp −$633.0K |
| 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.OKX0.04384cheapestBloFin0.04384cheapestGate0.04385+0.023%Binance0.04385+0.024%Extended0.04386+0.046%
OKX
BloFin
Gate
Binance
ExtendedBingX0.04386+0.046%
Bybit0.04387+0.068%Bitget0.04387+0.068%Aster0.04388+0.091%Backpack0.04388+0.091%Orderly0.04388+0.091%Nado0.04388+0.103%GMX0.04389+0.105%Reya0.04389+0.108%MEXC0.04389+0.114%KuCoin0.04389+0.114%gTrade (Gains Network)0.04389+0.114%SunX0.04393+0.205%Pacifica0.04394+0.219%Deribit0.04397+0.294%Hyperliquid0.04400+0.374%Phoenix0.04403+0.433%Lighter0.04408+0.547%
Bybit
Bitget
Aster
Backpack
Orderly
Nado
GMX
Reya
MEXC
KuCoin
gTrade (Gains Network)
SunX
Pacifica
Deribit
Hyperliquid
Phoenix
LighterCoinbase International0.04408+0.559%
ApeX Omni0.04412+0.639%Bulk0.04420+0.821%Variational Omni0.04429+1.030%
ApeX Omni
Bulk
Variational OmniMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX MEGA-USDT-SWAP | −0.046% | +0.0100% | 4h | $909K | $2.8M | 20x | as long as short |
| BloFin MEGA-USDT | −0.046% | +0.0059% | 4h | $204K | $74K | 50x | as long as short |
| Gate MEGA_USDT | −0.023% | +0.0074% | 4h | $195K | $249K | 20x | as long as short |
| Binance MEGAUSDT | −0.022% | +0.0100% | 4h | $4.0M | $12.2M | 50x | as long as short |
| Extended MEGA-USD | 0.000% | +0.0104% | 1h | $132K | $605K | 5x | as long as short |
| BingX MEGA-USDTlong | 0.000% | +0.0100% | 4h | — | $1.7M | — | |
| Bybit MEGAUSDT | +0.023% | +0.0076% | 4h | $3.2M | $4.5M | 20x | as long as short |
| Bitget MEGAUSDT | +0.023% | +0.0100% | 4h | $1.0M | $1.3M | 50x | as long as short |
| Aster MEGAUSDT | +0.046% | +0.0100% | 4h | $33K | $58K | 5x | as long as short |
| Backpack MEGA_USDC_PERP | +0.046% | +0.0100% | 1h | $17K | $38K | 5x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_MEGA_USDC | +0.046% | +0.0099% | 4h | $3K | $994 | 10x | as long as short |
| Nado MEGA-PERP | +0.057% | +0.0040% | 1h | $189K | $152K | 2x | as long as short |
| GMX MEGA/USD [ETH-USDC] | +0.059% | L +0.0235% / S −0.5353% | 1h | $3K | — | 45x | as long as short |
| Reya MEGARUSDPERP | +0.062% | +0.0159% | 1h | $3 | — | 3x | as long as short |
| MEXC MEGA_USDT | +0.068% | +0.0100% | 4h | $771K | $354K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.068% | +0.0100% | 4h | $229K | $114K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | +0.068% | L −0.0018% / S +0.0023% | 1h | $15K | — | 150x | as long as short |
| SunX MEGA-USDT | +0.160% | +0.0100% | 4h | $1K | $1.9M | 10x | as long as short |
| Pacifica MEGA | +0.173% | +0.0100% | 1h | $14K | $10K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.249% | +0.1641% | 1h | $106 | $15 | 25x | as long as short |
| Hyperliquid MEGA | +0.328% | +0.1366% | 1h | $7.4M | $2.5M | 3x | as long as short |
| Phoenix MEGA | +0.388% | 0.0000% | 1h | $20K | $6K | 5x | as long as short |
| Lighter MEGA | +0.502% | +0.0112% | 1h | $598K | $275K | 3x | as long as short |
| Coinbase International MEGA-PERP-INTXshort | +0.513% | +0.1192% | 1h | $7K | $6K | 50x | |
| ApeX Omni MEGAUSDT | +0.593% | +0.0100% | 1h | $25K | $223K | 50x | as long as short |
| Bulk MEGA-USD | +0.775% | +0.0100% | 1h | $131K | $569 | 10x | as long as short |
| Variational Omni MEGA | +0.984% | +0.0100% | 4h | $233K | $102K | — | as long as short |