Spread before costs (cost unknown: a leg has no order-book sample)−0.466%
7d average—if it closes, per $10,000$47funding 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 | 0.04484 | 0.1368 | pay 0.0171% / 1h | 36m 37s | $6K | $5K | 50x |
| Short | MEXC MEGA_USDT | 0.04463 | 0.0100 | get 0.0050% / 4h | 1h 36m | $790K | $368K | 50x |
Coinbase International MEGA-PERP-INTX
MEXC MEGA_USDTPrice 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
- −$46.61
- Funding while held
- −$38.04
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$94.65
- Spread needed to break even
- 0.100%
Slippage unknown: Coinbase International: no order-book sample; MEXC: live order book, 55 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 MEXC live order book, 55 min ago | 2.27 bp | 8.7 bp −$9 | 49.2 bp −$492 | 161.5 bp −$16.2K | 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.Bulk0.04430cheapestBloFin0.04455+0.564%ApeX Omni0.04457+0.609%Phoenix0.04457+0.609%OKX0.04459+0.655%Variational Omni0.04460+0.670%Gate0.04460+0.677%BingX0.04460+0.677%Extended0.04460+0.685%Binance0.04461+0.700%Bybit0.04461+0.700%Nado0.04462+0.711%Bitget0.04462+0.722%Aster0.04462+0.727%
Bulk
BloFin
ApeX Omni
Phoenix
OKX
Variational Omni
Gate
BingX
Extended
Binance
Bybit
Nado
Bitget
AsterMEXC0.04463+0.745%
KuCoin0.04463+0.745%Reya0.04464+0.761%Pacifica0.04464+0.767%SunX0.04467+0.835%Orderly0.04468+0.858%gTrade (Gains Network)0.04469+0.878%Backpack0.04469+0.880%GMX0.04469+0.889%Hyperliquid0.04473+0.966%Deribit0.04475+1.009%
KuCoin
Reya
Pacifica
SunX
Orderly
gTrade (Gains Network)
Backpack
GMX
Hyperliquid
DeribitCoinbase International0.04484+1.217%
Lighter0.04486+1.264%
LighterMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | −1.202% | +0.0100% | 1h | $131K | −$0 | 10x | as long as short |
| BloFin MEGA-USDT | −0.645% | +0.0055% | 4h | $200K | $77K | 50x | as long as short |
| ApeX Omni MEGAUSDT | −0.600% | +0.0100% | 1h | $24K | $225K | 50x | as long as short |
| Phoenix MEGA | −0.600% | +0.0184% | 1h | $20K | $6K | 5x | as long as short |
| OKX MEGA-USDT-SWAP | −0.555% | +0.0100% | 4h | $922K | $3.0M | 20x | as long as short |
| Variational Omni MEGA | −0.540% | +0.0100% | 4h | $239K | $105K | — | as long as short |
| Gate MEGA_USDT | −0.533% | +0.0100% | 4h | $183K | $266K | 20x | as long as short |
| BingX MEGA-USDT | −0.533% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Extended MEGA-USD | −0.525% | +0.0104% | 1h | $134K | $602K | 5x | as long as short |
| Binance MEGAUSDT | −0.511% | +0.0100% | 4h | $4.0M | $12.7M | 50x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit MEGAUSDT | −0.511% | +0.0100% | 4h | $3.2M | $4.7M | 20x | as long as short |
| Nado MEGA-PERP | −0.500% | −0.0006% | 1h | $193K | $158K | 2x | as long as short |
| Bitget MEGAUSDT | −0.488% | +0.0100% | 4h | $1.1M | $1.4M | 50x | as long as short |
| Aster MEGAUSDT | −0.484% | +0.0100% | 4h | $27K | $65K | 5x | as long as short |
| MEXC MEGA_USDTshort | −0.466% | +0.0100% | 4h | $790K | $368K | 50x | |
| KuCoin MEGAUSDTM | −0.466% | +0.0100% | 4h | $231K | $117K | 50x | as long as short |
| Reya MEGARUSDPERP | −0.450% | +0.0159% | 1h | $3 | — | 3x | as long as short |
| Pacifica MEGA | −0.444% | +0.0100% | 1h | $14K | $11K | 3x | as long as short |
| SunX MEGA-USDT | −0.377% | +0.0100% | 4h | $2K | $1.9M | 10x | as long as short |
| Orderly PERP_MEGA_USDC | −0.355% | +0.0099% | 4h | $3K | $961 | 10x | as long as short |
| gTrade (Gains Network) MEGA/USD | −0.334% | L −0.0019% / S +0.0023% | 1h | $16K | — | 150x | as long as short |
| Backpack MEGA_USDC_PERP | −0.332% | +0.0100% | 1h | $18K | $38K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | −0.323% | L +0.0236% / S −0.5353% | 1h | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | −0.248% | +0.0511% | 1h | $7.5M | $2.5M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | −0.205% | +0.0757% | 1h | $108 | $15 | 25x | as long as short |
| Coinbase International MEGA-PERP-INTXlong | 0.000% | +0.1368% | 1h | $6K | $5K | 50x | |
| Lighter MEGA | +0.047% | +0.0096% | 1h | $601K | $288K | 3x | as long as short |