Spread before costs (cost unknown: a leg has no order-book sample)−0.316%
7d average—if it closes, per $10,000$32funding while held, a day+$0.43
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MEGA-USDT | 0.04424 | 0.0085 | pay 0.0042% / 4h | 2h 34m | $207K | $74K | 50x |
| Short | Orderly PERP_MEGA_USDC | 0.04410 | 0.0099 | get 0.0050% / 4h | 2h 34m | $3K | $994 | 10x |
BloFin MEGA-USDT
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
- −$31.65
- Funding while held
- $0.43
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$49.21
- Spread needed to break even
- 0.180%
Slippage unknown: BloFin: live order book, 63 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0014%
- Per $10,000 a day
- +$0.43
- 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 BloFin live order book, 63 min ago | 5.55 bp | 28.9 bp −$29 | 99.6 bp −$996 | 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.ApeX Omni0.04399cheapestBinance0.04408+0.205%BingX0.04408+0.205%Bybit0.04409+0.227%OKX0.04409+0.227%MEXC0.04409+0.227%Gate0.04410+0.250%Bitget0.04410+0.250%
ApeX Omni
Binance
BingX
Bybit
OKX
MEXC
Gate
BitgetOrderly0.04410+0.250%
Extended0.04410+0.260%KuCoin0.04411+0.273%Reya0.04411+0.279%GMX0.04412+0.293%gTrade (Gains Network)0.04412+0.294%Nado0.04412+0.307%Backpack0.04413+0.318%SunX0.04413+0.318%Aster0.04414+0.330%Pacifica0.04415+0.371%Deribit0.04419+0.457%Bulk0.04420+0.477%Hyperliquid0.04422+0.518%Phoenix0.04422+0.523%
Extended
KuCoin
Reya
GMX
gTrade (Gains Network)
Nado
Backpack
SunX
Aster
Pacifica
Deribit
Bulk
Hyperliquid
PhoenixBloFin0.04424+0.568%
Lighter0.04431+0.727%Variational Omni0.04432+0.758%Coinbase International0.04463+1.459%
Lighter
Variational Omni
Coinbase InternationalMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni MEGAUSDT | −0.565% | +0.0100% | 1h | $25K | $223K | 50x | as long as short |
| Binance MEGAUSDT | −0.362% | +0.0100% | 4h | $4.1M | $12.4M | 50x | as long as short |
| BingX MEGA-USDT | −0.362% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Bybit MEGAUSDT | −0.339% | +0.0100% | 4h | $3.2M | $4.6M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | −0.339% | +0.0100% | 4h | $907K | $2.9M | 20x | as long as short |
| MEXC MEGA_USDT | −0.339% | +0.0100% | 4h | $761K | $356K | 50x | as long as short |
| Gate MEGA_USDT | −0.316% | +0.0100% | 4h | $197K | $252K | 20x | as long as short |
| Bitget MEGAUSDT | −0.316% | +0.0100% | 4h | $1.0M | $1.4M | 50x | as long as short |
| Orderly PERP_MEGA_USDCshort | −0.316% | +0.0099% | 4h | $3K | $994 | 10x | |
| Extended MEGA-USD | −0.306% | +0.0104% | 1h | $133K | $602K | 5x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin MEGAUSDTM | −0.294% | +0.0100% | 4h | $230K | $114K | 50x | as long as short |
| Reya MEGARUSDPERP | −0.288% | +0.0159% | 1h | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | −0.274% | L +0.0236% / S −0.5353% | 1h | $3K | — | 45x | as long as short |
| gTrade (Gains Network) MEGA/USD | −0.272% | L −0.0018% / S +0.0023% | 1h | $16K | — | 150x | as long as short |
| Nado MEGA-PERP | −0.260% | +0.0052% | 1h | $191K | $155K | 2x | as long as short |
| Backpack MEGA_USDC_PERP | −0.249% | +0.0100% | 1h | $17K | $38K | 5x | as long as short |
| SunX MEGA-USDT | −0.249% | +0.0100% | 4h | $1K | $1.9M | 10x | as long as short |
| Aster MEGAUSDT | −0.237% | +0.0100% | 4h | $33K | $66K | 5x | as long as short |
| Pacifica MEGA | −0.197% | +0.0100% | 1h | $14K | $10K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | −0.111% | +0.1950% | 1h | $107 | $15 | 25x | as long as short |
| Bulk MEGA-USD | −0.090% | +0.0100% | 1h | $131K | $569 | 10x | as long as short |
| Hyperliquid MEGA | −0.050% | +0.1365% | 1h | $7.4M | $2.5M | 3x | as long as short |
| Phoenix MEGA | −0.045% | 0.0000% | 1h | $20K | $6K | 5x | as long as short |
| BloFin MEGA-USDTlong | 0.000% | +0.0085% | 4h | $207K | $74K | 50x | |
| Lighter MEGA | +0.158% | +0.0144% | 1h | $601K | $275K | 3x | as long as short |
| Variational Omni MEGA | +0.188% | +0.0100% | 4h | $234K | $102K | — | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.886% | +0.1192% | 1h | $6K | $7K | 50x | as long as short |