Spread before costs (cost unknown: a leg has no order-book sample)−0.216%
7d average—if it closes, per $10,000$22funding while held, a day+$104.60
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MEGA_USDC-PERPETUAL | 0.04546 | 0.1866 | pay 0.0233% / 1h | 11m 43s | $110 | $15 | 25x |
| Short | GMX MEGA/USD [ETH-USDC] | 0.04536 | L +0.0237% / S −0.5353% | get 0.0669% / 1h | 11m 43s | $3K | — | 45x |
Deribit MEGA_USDC-PERPETUAL
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
- −$21.56
- Funding while held
- $104.6
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $64.04
- Spread needed to break even
- 0.190%
Slippage unknown: Deribit: no order-book sample; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.3487%
- Per $10,000 a day
- +$104.60
- 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 Deribit no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Deribit 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.BloFin0.04497cheapestBulk0.04511+0.318%Variational Omni0.04514+0.369%Phoenix0.04521+0.534%Bybit0.04525+0.623%Extended0.04526+0.646%OKX0.04527+0.667%Gate0.04527+0.667%Bitget0.04527+0.667%BingX0.04527+0.667%Binance0.04527+0.673%MEXC0.04528+0.689%ApeX Omni0.04528+0.689%Aster0.04529+0.722%Pacifica0.04531+0.763%Backpack0.04533+0.801%Nado0.04534+0.823%KuCoin0.04535+0.845%Orderly0.04536+0.867%
BloFin
Bulk
Variational Omni
Phoenix
Bybit
Extended
OKX
Gate
Bitget
BingX
Binance
MEXC
ApeX Omni
Aster
Pacifica
Backpack
Nado
KuCoin
OrderlyGMX0.04536+0.874%
Reya0.04536+0.874%gTrade (Gains Network)0.04538+0.909%SunX0.04541+0.978%Coinbase International0.04544+1.041%Hyperliquid0.04546+1.090%
Reya
gTrade (Gains Network)
SunX
Coinbase International
HyperliquidDeribit0.04546+1.092%
Lighter0.04550+1.179%
LighterMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin MEGA-USDT | −1.080% | +0.0046% | 4h | $223K | $73K | 50x | as long as short |
| Bulk MEGA-USD | −0.766% | +0.0100% | 1h | $133K | $569 | 10x | as long as short |
| Variational Omni MEGA | −0.715% | +0.0100% | 4h | $219K | $79K | — | as long as short |
| Phoenix MEGA | −0.552% | +0.0174% | 1h | $20K | $5K | 5x | as long as short |
| Bybit MEGAUSDT | −0.464% | −0.0048% | 4h | $3.3M | $4.2M | 20x | as long as short |
| Extended MEGA-USD | −0.441% | +0.0104% | 1h | $136K | $605K | 5x | as long as short |
| OKX MEGA-USDT-SWAP | −0.420% | +0.0100% | 4h | $938K | $2.6M | 20x | as long as short |
| Gate MEGA_USDT | −0.420% | +0.0100% | 4h | $206K | $229K | 20x | as long as short |
| Bitget MEGAUSDT | −0.420% | +0.0100% | 4h | $1.1M | $1.2M | 50x | as long as short |
| BingX MEGA-USDT | −0.420% | +0.0100% | 4h | — | $1.7M | — | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance MEGAUSDT | −0.415% | +0.0100% | 4h | $4.4M | $10.5M | 50x | as long as short |
| MEXC MEGA_USDT | −0.398% | +0.0100% | 4h | $748K | $321K | 50x | as long as short |
| ApeX Omni MEGAUSDT | −0.398% | +0.0100% | 1h | $26K | $219K | 50x | as long as short |
| Aster MEGAUSDT | −0.366% | +0.0100% | 4h | $35K | $53K | 5x | as long as short |
| Pacifica MEGA | −0.326% | +0.0100% | 1h | $15K | $10K | 3x | as long as short |
| Backpack MEGA_USDC_PERP | −0.288% | +0.0100% | 1h | $20K | $35K | 5x | as long as short |
| Nado MEGA-PERP | −0.266% | +0.0126% | 1h | $196K | $128K | 2x | as long as short |
| KuCoin MEGAUSDTM | −0.244% | +0.0100% | 4h | $222K | $91K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | −0.222% | +0.0100% | 4h | $3K | $994 | 10x | as long as short |
| GMX MEGA/USD [ETH-USDC]short | −0.216% | L +0.0237% / S −0.5353% | 1h | $3K | — | 45x | |
| Reya MEGARUSDPERP | −0.215% | +0.0159% | 1h | $3 | — | 3x | as long as short |
| gTrade (Gains Network) MEGA/USD | −0.181% | L −0.0022% / S +0.0023% | 1h | $15K | — | 150x | as long as short |
| SunX MEGA-USDT | −0.112% | +0.0100% | 4h | $1K | $1.8M | 10x | as long as short |
| Coinbase International MEGA-PERP-INTX | −0.051% | +0.1256% | 1h | $7K | $6K | 50x | as long as short |
| Hyperliquid MEGA | −0.002% | +0.1673% | 1h | $7.6M | $2.3M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUALlong | 0.000% | +0.1866% | 1h | $110 | $15 | 25x | |
| Lighter MEGA | +0.086% | +0.1840% | 1h | $582K | $196K | 3x | as long as short |