Spread before costs (cost unknown: a leg has no order-book sample)−0.307%
7d average—if it closes, per $10,000$31funding while held, a day+$123.86
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International MEGA-PERP-INTX | 0.04524 | 0.1224 | pay 0.0153% / 1h | 27m 15s | $7K | $6K | 50x |
| Short | GMX MEGA/USD [ETH-USDC] | 0.04510 | L +0.0236% / S −0.5353% | get 0.0669% / 1h | 27m 15s | $3K | — | 45x |
Coinbase International MEGA-PERP-INTX
GMX MEGA/USD [ETH-USDC]Price 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
- −$30.73
- Funding while held
- $123.86
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $71.14
- Spread needed to break even
- 0.220%
Slippage unknown: Coinbase International: no order-book sample; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.4129%
- Per $10,000 a day
- +$123.86
- 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 GMX no order-book sample | — | — | — | — | — |
Coinbase International and GMX: 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.Bybit0.04490cheapestBinance0.04495+0.104%ApeX Omni0.04500+0.223%Variational Omni0.04501+0.239%OKX0.04501+0.245%Extended0.04503+0.283%Bitget0.04503+0.290%BingX0.04503+0.290%Phoenix0.04503+0.290%Orderly0.04503+0.290%Bulk0.04505+0.334%Reya0.04507+0.380%gTrade (Gains Network)0.04507+0.390%Nado0.04508+0.401%Pacifica0.04508+0.410%Gate0.04509+0.423%MEXC0.04509+0.423%
Bybit
Binance
ApeX Omni
Variational Omni
OKX
Extended
Bitget
BingX
Phoenix
Orderly
Bulk
Reya
gTrade (Gains Network)
Nado
Pacifica
Gate
MEXCGMX0.04510+0.441%
KuCoin0.04510+0.445%Aster0.04511+0.468%Backpack0.04512+0.490%Deribit0.04512+0.490%SunX0.04515+0.557%BloFin0.04518+0.624%
KuCoin
Aster
Backpack
Deribit
SunX
BloFinCoinbase International0.04524+0.751%
Hyperliquid0.04525+0.773%Lighter0.04525+0.780%
Hyperliquid
LighterMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit MEGAUSDT | −0.745% | +0.0100% | 4h | $3.2M | $4.4M | 20x | as long as short |
| Binance MEGAUSDT | −0.641% | +0.0100% | 4h | $4.2M | $11.5M | 50x | as long as short |
| ApeX Omni MEGAUSDT | −0.524% | +0.0100% | 1h | $25K | $223K | 50x | as long as short |
| Variational Omni MEGA | −0.507% | +0.0100% | 4h | $239K | $101K | — | as long as short |
| OKX MEGA-USDT-SWAP | −0.502% | +0.0100% | 4h | $917K | $2.8M | 20x | as long as short |
| Extended MEGA-USD | −0.464% | +0.0104% | 1h | $136K | $605K | 5x | as long as short |
| Bitget MEGAUSDT | −0.458% | +0.0100% | 4h | $1.1M | $1.3M | 50x | as long as short |
| BingX MEGA-USDT | −0.458% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Phoenix MEGA | −0.458% | +0.0177% | 1h | $20K | $6K | 5x | as long as short |
| Orderly PERP_MEGA_USDC | −0.458% | +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 | |
|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | −0.413% | +0.0100% | 1h | $133K | $569 | 10x | as long as short |
| Reya MEGARUSDPERP | −0.368% | +0.0159% | 1h | $3 | — | 3x | as long as short |
| gTrade (Gains Network) MEGA/USD | −0.358% | L −0.0022% / S +0.0023% | 1h | $15K | — | 150x | as long as short |
| Nado MEGA-PERP | −0.347% | +0.0049% | 1h | $195K | $144K | 2x | as long as short |
| Pacifica MEGA | −0.338% | +0.0100% | 1h | $15K | $10K | 3x | as long as short |
| Gate MEGA_USDT | −0.325% | +0.0074% | 4h | $199K | $236K | 20x | as long as short |
| MEXC MEGA_USDT | −0.325% | +0.0100% | 4h | $756K | $339K | 50x | as long as short |
| GMX MEGA/USD [ETH-USDC]short | −0.307% | L +0.0236% / S −0.5353% | 1h | $3K | — | 45x | |
| KuCoin MEGAUSDTM | −0.303% | +0.0100% | 4h | $237K | $107K | 50x | as long as short |
| Aster MEGAUSDT | −0.281% | +0.0100% | 4h | $33K | $57K | 5x | as long as short |
| Backpack MEGA_USDC_PERP | −0.259% | +0.0100% | 1h | $19K | $38K | 5x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | −0.259% | +0.2038% | 1h | $109 | $15 | 25x | as long as short |
| SunX MEGA-USDT | −0.192% | +0.0100% | 4h | $1K | $1.8M | 10x | as long as short |
| BloFin MEGA-USDT | −0.126% | +0.0044% | 4h | $209K | $75K | 50x | as long as short |
| Coinbase International MEGA-PERP-INTXlong | 0.000% | +0.1224% | 1h | $7K | $6K | 50x | |
| Hyperliquid MEGA | +0.022% | +0.1045% | 1h | $7.6M | $2.4M | 3x | as long as short |
| Lighter MEGA | +0.029% | +0.1000% | 1h | $600K | $224K | 3x | as long as short |