Funding you earn now, next payment 06:00 UTC−0.0047%/8h= −5.1% APRnext payment −$0.06 per $10,000 · paid last 24h −0.009%
Price spread now: Nado against Bulk+1.036%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs+$17as in the Price arb table
costs, in and out, $10k−$920.921% of the position
Funding, last 3 days (all we have)−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)−0.912%−$91 · spread now +1.036%, 7d avg −0.053%
=Together, before fees−0.971%+ Points / potential airdropNado: Active · farm board−$97 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 1.089% dearer against Bulk than usual: you sell high and buy low (spread +1.036% now, against its 7-day average of −0.053%): +$109 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk MEGA-USD | 0.04490 | 0.0100 | pay 0.0013% / 1h | 16m 19s | $133K | $111 | 10x |
| Short | Nado MEGA-PERP | 0.04537 | 0.0053 | get 0.0007% / 1h | 16m 19s | $195K | $142K | 2x |
Bulk MEGA-USD
Nado MEGA-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Bulk. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$9.84
- Price spread: +1.036% → −0.053%
- $108.87
- Slippage, 4 orders
- −$78.06
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $6.97
- Costs to cover
- 0.921%
- Break-even
- from the start
Slippage from Bulk: live order book, 32 min ago; Nado: live order book, 31 min ago.
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 Bulk live order book, 32 min ago | 11.05 bp | 23.7 bp −$24 | 65.9 bp −$659 | doesn't fit | doesn't fit |
| Sell Nado live order book, 31 min ago | 2.21 bp | 19.3 bp −$19 | 103.8 bp −$1,038 | doesn't fit | doesn't fit |
MEGA on 28 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MEGA-PERP-INTX | −0.0048% | 1h | 0.04589 | +2.216% | $5K | $12K | 50x | as long as short |
| Bybit MEGAUSDT | −0.0043% | 4h | 0.04536 | +1.024% | $3.5M | $5.9M | 20x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04538 | +1.067% | $1K | — | 150x | as long as short |
| Nado MEGA-PERPshort | +0.0053% | 1h | 0.04537 | +1.036% | $195K | $142K | 2x | |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04538 | +1.067% | $19K | $91K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04541 | +1.138% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04540 | +1.114% | $4.0M | $13.8M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04538 | +1.069% | $919K | $3.2M | 20x | as long as short |
| Bulk MEGA-USDlong | +0.0100% | 1h | 0.04490 | long leg | $133K | $111 | 10x | |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04537 | +1.047% | $204K | $333K | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
Bybit MEGAUSDT
gTrade (Gains Network) MEGA/USD
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
Gate MEGA_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04540 | +1.114% | $811K | $400K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04534 | +0.980% | $229K | $120K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04538 | +1.069% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04539 | +1.091% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04509 | +0.428% | $318K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04536 | +1.018% | $21K | $1.9M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04533 | +0.958% | $23K | $228K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04537 | +1.047% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04539 | +1.091% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04536 | +1.019% | $128K | $431K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0123% | 4h | 0.04526 | +0.802% | $198K | $93K | 50x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0124% | 1h | 0.04537 | +1.047% | $18K | $57K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04538 | +1.064% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0177% | 1h | 0.04526 | +0.802% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04538 | +1.062% | $3K | — | 45x | as long as short |
| Lighter MEGA | +0.0352% | 1h | 0.04558 | +1.514% | $621K | $366K | 3x | as long as short |
| Hyperliquid MEGA | +0.0392% | 1h | 0.04547 | +1.272% | $7.9M | $2.6M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1094% | 1h | 0.04544 | +1.196% | $110 | $15 | 25x | as long as short |
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
BloFin MEGA-USDT
Backpack MEGA_USDC_PERP
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Lighter MEGA
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL