Spread before costs (cost unknown: a leg has no order-book sample)−0.515%
7d average—if it closes, per $10,000$52funding while held, a day−$38.04
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International MEGA-PERP-INTX | 0.04376 | 0.1368 | pay 0.0171% / 1h | 58m 21s | $6K | $5K | 50x |
| Short | Binance MEGAUSDT | 0.04353 | 0.0100 | get 0.0050% / 4h | 1h 58m | $3.9M | $12.6M | 50x |
Coinbase International MEGA-PERP-INTX
Binance MEGAUSDTPrice 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
- −$51.55
- Funding while held
- −$38.04
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$109.59
- Spread needed to break even
- 0.200%
Slippage unknown: Coinbase International: no order-book sample; Binance: live order book, 13 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1268%
- Per $10,000 a day
- −$38.04
- 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 13 min ago | 1.14 bp | 30.9 bp −$31 | 124.0 bp −$1,240 | doesn't fit | doesn't fit |
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.SunX0.04344cheapestGate0.04345+0.023%Aster0.04347+0.072%Nado0.04349+0.115%Pacifica0.04350+0.138%BloFin0.04350+0.138%Reya0.04352+0.181%MEXC0.04353+0.207%ApeX Omni0.04353+0.207%
SunX
Gate
Aster
Nado
Pacifica
BloFin
Reya
MEXC
ApeX OmniBinance0.04353+0.208%
Variational Omni0.04353+0.217%KuCoin0.04354+0.230%Backpack0.04354+0.230%Phoenix0.04356+0.276%GMX0.04356+0.288%BingX0.04358+0.322%gTrade (Gains Network)0.04358+0.324%Bybit0.04359+0.345%OKX0.04360+0.368%Bulk0.04360+0.368%Bitget0.04360+0.368%Hyperliquid0.04360+0.373%Extended0.04361+0.381%Orderly0.04361+0.391%Deribit0.04371+0.617%
Variational Omni
KuCoin
Backpack
Phoenix
GMX
BingX
gTrade (Gains Network)
Bybit
OKX
Bulk
Bitget
Hyperliquid
Extended
Orderly
DeribitCoinbase International0.04376+0.727%
Lighter0.04382+0.875%
LighterMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX MEGA-USDT | −0.722% | +0.0100% | 4h | $2K | $1.9M | 10x | as long as short |
| Gate MEGA_USDT | −0.699% | +0.0100% | 4h | $188K | $254K | 20x | as long as short |
| Aster MEGAUSDT | −0.651% | +0.0100% | 4h | $27K | $66K | 5x | as long as short |
| Nado MEGA-PERP | −0.608% | +0.0044% | 1h | $187K | $157K | 2x | as long as short |
| Pacifica MEGA | −0.585% | +0.0100% | 1h | $13K | $11K | 3x | as long as short |
| BloFin MEGA-USDT | −0.585% | +0.0070% | 4h | $201K | $73K | 50x | as long as short |
| Reya MEGARUSDPERP | −0.542% | +0.0159% | 1h | $3 | — | 3x | as long as short |
| MEXC MEGA_USDT | −0.517% | +0.0100% | 4h | $784K | $360K | 50x | as long as short |
| ApeX Omni MEGAUSDT | −0.517% | +0.0100% | 1h | $24K | $223K | 50x | as long as short |
| Binance MEGAUSDTshort | −0.515% | +0.0100% | 4h | $3.9M | $12.6M | 50x |