Spread before costs (cost unknown: a leg has no order-book sample)−0.311%
7d average—if it closes, per $10,000$31funding while held, a day+$3.17
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MEGA-USDT | 0.04503 | 0.0071 | pay 0.0036% / 4h | 3h 25m | $209K | $75K | 50x |
| Short | Phoenix MEGA | 0.04489 | 0.0177 | get 0.0022% / 1h | 25m 14s | $20K | $6K | 5x |
BloFin MEGA-USDT
Phoenix MEGAPrice 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
- −$31.09
- Funding while held
- $3.17
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$46.92
- Spread needed to break even
- 0.190%
Slippage unknown: BloFin: live order book, 12 min ago; Phoenix: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0106%
- Per $10,000 a day
- +$3.17
- 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, 12 min ago | 5.55 bp | 28.9 bp −$29 | 99.6 bp −$996 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: 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.OKX0.04484cheapestBybit0.04485+0.022%MEXC0.04487+0.067%Variational Omni0.04488+0.080%Bitget0.04488+0.089%
OKX
Bybit
MEXC
Variational Omni
BitgetPhoenix0.04489+0.112%
ApeX Omni0.04491+0.156%Binance0.04493+0.203%Extended0.04494+0.213%Orderly0.04495+0.245%KuCoin0.04496+0.268%BingX0.04496+0.268%Reya0.04496+0.271%GMX0.04498+0.301%Gate0.04498+0.312%gTrade (Gains Network)0.04498+0.316%Aster0.04499+0.325%SunX0.04500+0.357%Pacifica0.04500+0.359%Bulk0.04500+0.360%Nado0.04501+0.390%
ApeX Omni
Binance
Extended
Orderly
KuCoin
BingX
Reya
GMX
Gate
gTrade (Gains Network)
Aster
SunX
Pacifica
Bulk
NadoBloFin0.04503+0.424%
Deribit0.04503+0.426%Backpack0.04507+0.513%Lighter0.04513+0.647%Hyperliquid0.04513+0.651%Coinbase International0.04524+0.885%
Deribit
Backpack
Lighter
Hyperliquid
Coinbase InternationalMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX MEGA-USDT-SWAP | −0.422% | +0.0100% | 4h | $912K | $2.8M | 20x | as long as short |
| Bybit MEGAUSDT | −0.400% | +0.0100% | 4h | $3.2M | $4.4M | 20x | as long as short |
| MEXC MEGA_USDT | −0.355% | +0.0100% | 4h | $797K | $345K | 50x | as long as short |
| Variational Omni MEGA | −0.343% | +0.0100% | 4h | $239K | $101K | — | as long as short |
| Bitget MEGAUSDT | −0.333% | +0.0100% | 4h | $1.1M | $1.3M | 50x | as long as short |
| Phoenix MEGAshort | −0.311% | +0.0177% | 1h | $20K | $6K | 5x | |
| ApeX Omni MEGAUSDT | −0.266% | +0.0100% | 1h | $25K | $223K | 50x | as long as short |
| Binance MEGAUSDT | −0.220% | +0.0100% | 4h | $4.2M | $11.5M | 50x | as long as short |
| Extended MEGA-USD | −0.209% | +0.0104% | 1h | $136K | $605K | 5x | as long as short |
| Orderly PERP_MEGA_USDC | −0.178% | +0.0100% | 4h | $3K | $994 | 10x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin MEGAUSDTM | −0.155% | +0.0100% | 4h | $238K | $107K | 50x | as long as short |
| BingX MEGA-USDT | −0.155% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Reya MEGARUSDPERP | −0.152% | +0.0159% | 1h | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | −0.122% | L +0.0236% / S −0.5353% | 1h | $3K | — | 45x | as long as short |
| Gate MEGA_USDT | −0.111% | +0.0086% | 4h | $199K | $236K | 20x | as long as short |
| gTrade (Gains Network) MEGA/USD | −0.107% | L −0.0022% / S +0.0023% | 1h | $15K | — | 150x | as long as short |
| Aster MEGAUSDT | −0.098% | +0.0100% | 4h | $33K | $57K | 5x | as long as short |
| SunX MEGA-USDT | −0.067% | +0.0100% | 4h | $1K | $1.8M | 10x | as long as short |
| Pacifica MEGA | −0.064% | +0.0100% | 1h | $15K | $10K | 3x | as long as short |
| Bulk MEGA-USD | −0.063% | +0.0100% | 1h | $133K | $569 | 10x | as long as short |
| Nado MEGA-PERP | −0.033% | +0.0053% | 1h | $194K | $144K | 2x | as long as short |
| BloFin MEGA-USDTlong | 0.000% | +0.0071% | 4h | $209K | $75K | 50x | |
| Deribit MEGA_USDC-PERPETUAL | +0.002% | +0.1864% | 1h | $109 | $15 | 25x | as long as short |
| Backpack MEGA_USDC_PERP | +0.089% | +0.0100% | 1h | $19K | $38K | 5x | as long as short |
| Lighter MEGA | +0.222% | +0.1000% | 1h | $598K | $225K | 3x | as long as short |
| Hyperliquid MEGA | +0.227% | +0.1088% | 1h | $7.6M | $2.4M | 3x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.460% | +0.1224% | 1h | $7K | $6K | 50x | as long as short |