Spread before costs (cost unknown: a leg has no order-book sample)−0.068%
7d average—if it closes, per $10,000$7funding while held, a day−$0.02
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MEGAUSDT | 0.04388 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $1.0M | $1.3M | 50x |
| Short | Orderly PERP_MEGA_USDC | 0.04385 | 0.0099 | get 0.0050% / 4h | 2h 41m | $3K | $994 | 10x |
Bitget MEGAUSDT
Orderly PERP_MEGA_USDCPrice 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
- −$6.84
- Funding while held
- −$0.02
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$24.86
- Spread needed to break even
- 0.180%
Slippage unknown: Bitget: live order book, 1 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0001%
- Per $10,000 a day
- −$0.02
- 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 Bitget live order book, 1 min ago | 5.71 bp | 29.5 bp −$29 | 196.7 bp −$1,967 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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 price on every exchange
against the cheapest. Click to use as the short leg.Orderly0.04385cheapest
Gate0.04386+0.023%BingX0.04386+0.023%Binance0.04388+0.068%Aster0.04388+0.068%OKX0.04388+0.068%
Gate
BingX
Binance
Aster
OKXBitget0.04388+0.068%
Backpack0.04388+0.068%Extended0.04388+0.080%Nado0.04388+0.080%GMX0.04389+0.082%Reya0.04389+0.085%MEXC0.04389+0.091%KuCoin0.04389+0.091%gTrade (Gains Network)0.04389+0.091%SunX0.04390+0.114%Bybit0.04391+0.137%Pacifica0.04394+0.196%Deribit0.04396+0.251%Hyperliquid0.04400+0.351%Phoenix0.04403+0.410%BloFin0.04407+0.502%Coinbase International0.04408+0.536%Lighter0.04412+0.616%ApeX Omni0.04412+0.616%Bulk0.04420+0.798%Variational Omni0.04429+1.007%
Backpack
Extended
Nado
GMX
Reya
MEXC
KuCoin
gTrade (Gains Network)
SunX
Bybit
Pacifica
Deribit
Hyperliquid
Phoenix
BloFin
Coinbase International
Lighter
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 | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_MEGA_USDCshort | −0.068% | +0.0099% | 4h | $3K | $994 | 10x | |
| Gate MEGA_USDT | −0.046% | +0.0074% | 4h | $195K | $249K | 20x | as long as short |
| BingX MEGA-USDT | −0.046% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Binance MEGAUSDT | 0.000% | +0.0100% | 4h | $4.0M | $12.2M | 50x | as long as short |
| Aster MEGAUSDT | 0.000% | +0.0100% | 4h | $33K | $58K | 5x | as long as short |
| OKX MEGA-USDT-SWAP | 0.000% | +0.0100% | 4h | $910K | $2.8M | 20x | as long as short |
| Bitget MEGAUSDTlong | 0.000% | +0.0100% | 4h | $1.0M | $1.3M | 50x | |
| Backpack MEGA_USDC_PERP | 0.000% | +0.0100% | 1h | $17K | $38K | 5x | as long as short |
| Extended MEGA-USD | +0.011% | +0.0104% | 1h | $132K | $605K | 5x | as long as short |
| Nado MEGA-PERP | +0.011% | +0.0040% | 1h | $189K | $152K | 2x | as long as short |