Spread before costs (cost unknown: a leg has no order-book sample)−1.655%
7d average—if it closes, per $10,000$165funding while held, a day−$33.72
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International MEGA-PERP-INTX | 0.04581 | 0.1224 | pay 0.0153% / 1h | 33m 50s | $7K | $6K | 50x |
| Short | Bulk MEGA-USD | 0.04505 | 0.0100 | get 0.0013% / 1h | 33m 50s | $133K | $569 | 10x |
Coinbase International MEGA-PERP-INTX
Bulk MEGA-USDPrice 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
- −$165.47
- Funding while held
- −$33.72
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$216.19
- Spread needed to break even
- 0.170%
Slippage unknown: Coinbase International: no order-book sample; Bulk: live order book, 11 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1124%
- Per $10,000 a day
- −$33.72
- 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 Bulk live order book, 11 min ago | 11.02 bp | 17.4 bp −$17 | 69.5 bp −$695 | 439.8 bp −$44.0K | 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.OKX0.04491cheapestGate0.04492+0.022%BingX0.04493+0.045%Binance0.04494+0.058%Extended0.04494+0.061%Bybit0.04494+0.067%MEXC0.04495+0.089%KuCoin0.04497+0.134%Nado0.04498+0.145%Bitget0.04498+0.156%Reya0.04498+0.158%Orderly0.04499+0.178%Aster0.04499+0.187%Variational Omni0.04500+0.208%Backpack0.04501+0.223%Pacifica0.04501+0.232%ApeX Omni0.04502+0.245%gTrade (Gains Network)0.04502+0.247%Phoenix0.04503+0.267%GMX0.04503+0.274%
OKX
Gate
BingX
Binance
Extended
Bybit
MEXC
KuCoin
Nado
Bitget
Reya
Orderly
Aster
Variational Omni
Backpack
Pacifica
ApeX Omni
gTrade (Gains Network)
Phoenix
GMXBulk0.04505+0.312%
BloFin0.04505+0.312%SunX0.04507+0.356%Deribit0.04511+0.452%Hyperliquid0.04514+0.519%Lighter0.04521+0.668%
BloFin
SunX
Deribit
Hyperliquid
LighterCoinbase International0.04581+2.000%
MEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX MEGA-USDT-SWAP | −1.960% | +0.0100% | 4h | $914K | $2.8M | 20x | as long as short |
| Gate MEGA_USDT | −1.939% | +0.0100% | 4h | $200K | $234K | 20x | as long as short |
| BingX MEGA-USDT | −1.917% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Binance MEGAUSDT | −1.904% | +0.0100% | 4h | $4.2M | $11.3M | 50x | as long as short |
| Extended MEGA-USD | −1.900% | +0.0104% | 1h | $136K | $605K | 5x | as long as short |
| Bybit MEGAUSDT | −1.895% | +0.0100% | 4h | $3.3M | $4.4M | 20x | as long as short |
| MEXC MEGA_USDT | −1.873% | +0.0100% | 4h | $733K | $336K | 50x | as long as short |
| KuCoin MEGAUSDTM | −1.829% | +0.0100% | 4h | $237K | $106K | 50x | as long as short |
| Nado MEGA-PERP | −1.818% | +0.0055% | 1h | $194K | $140K | 2x | as long as short |
| Bitget MEGAUSDT | −1.808% | +0.0100% | 4h | $1.1M | $1.3M | 50x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya MEGARUSDPERP | −1.805% | +0.0159% | 1h | $3 | — | 3x | as long as short |
| Orderly PERP_MEGA_USDC | −1.786% | +0.0100% | 4h | $3K | $994 | 10x | as long as short |
| Aster MEGAUSDT | −1.777% | +0.0100% | 4h | $33K | $57K | 5x | as long as short |
| Variational Omni MEGA | −1.756% | +0.0100% | 4h | $239K | $101K | — | as long as short |
| Backpack MEGA_USDC_PERP | −1.742% | +0.0100% | 1h | $19K | $38K | 5x | as long as short |
| Pacifica MEGA | −1.733% | +0.0100% | 1h | $15K | $10K | 3x | as long as short |
| ApeX Omni MEGAUSDT | −1.720% | +0.0100% | 1h | $28K | $222K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | −1.718% | L +0.0001% / S +0.0023% | 1h | $196 | — | 150x | as long as short |
| Phoenix MEGA | −1.698% | +0.0177% | 1h | $20K | $6K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | −1.692% | L +0.0236% / S −0.5353% | 1h | $3K | — | 45x | as long as short |
| Bulk MEGA-USDshort | −1.655% | +0.0100% | 1h | $133K | $569 | 10x | |
| BloFin MEGA-USDT | −1.655% | +0.0130% | 4h | $211K | $75K | 50x | as long as short |
| SunX MEGA-USDT | −1.611% | +0.0100% | 4h | $2K | $1.8M | 10x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | −1.517% | +0.2127% | 1h | $109 | $15 | 25x | as long as short |
| Hyperliquid MEGA | −1.452% | +0.0911% | 1h | $7.6M | $2.4M | 3x | as long as short |
| Lighter MEGA | −1.305% | +0.0904% | 1h | $599K | $224K | 3x | as long as short |
| Coinbase International MEGA-PERP-INTXlong | 0.000% | +0.1224% | 1h | $7K | $6K | 50x |