Spread before costs (cost unknown: a leg has no order-book sample)+0.022%
7d average—if it closes, per $10,000$2funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MEGA_USDC-PERPETUAL | 0.04528 | 0 | get 0.0000% / 1h | 14m 27s | $110 | $15 | 25x |
| Short | Orderly PERP_MEGA_USDC | 0.04529 | 0.0100 | get 0.0050% / 4h | 14m 27s | $3K | $994 | 10x |
Deribit MEGA_USDC-PERPETUAL
Orderly PERP_MEGA_USDCPrice 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
- $2.21
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$7.79
- Spread needed to break even
- 0.130%
Slippage unknown: Deribit: no order-book sample; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 Orderly no order-book sample | — | — | — | — | — |
Deribit and Orderly: 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.OKX0.04501cheapestMEXC0.04501cheapestNado0.04503+0.044%Bitget0.04504+0.067%Reya0.04505+0.084%Bybit0.04505+0.089%Extended0.04509+0.171%BingX0.04509+0.178%Gate0.04510+0.200%Binance0.04510+0.205%Bulk0.04511+0.229%Variational Omni0.04514+0.280%Aster0.04514+0.288%KuCoin0.04514+0.289%Pacifica0.04515+0.302%Hyperliquid0.04518+0.373%BloFin0.04518+0.378%Phoenix0.04521+0.444%gTrade (Gains Network)0.04528+0.600%
OKX
MEXC
Nado
Bitget
Reya
Bybit
Extended
BingX
Gate
Binance
Bulk
Variational Omni
Aster
KuCoin
Pacifica
Hyperliquid
BloFin
Phoenix
gTrade (Gains Network)Deribit0.04528+0.600%
Orderly0.04529+0.622%
GMX0.04529+0.627%Backpack0.04531+0.667%Lighter0.04534+0.733%SunX0.04536+0.778%Coinbase International0.04539+0.849%ApeX Omni0.04560+1.311%
GMX
Backpack
Lighter
SunX
Coinbase International
ApeX OmniMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX MEGA-USDT-SWAP | −0.596% | +0.0100% | 4h | $928K | $2.6M | 20x | as long as short |
| MEXC MEGA_USDT | −0.596% | +0.0100% | 4h | $761K | $315K | 50x | as long as short |
| Nado MEGA-PERP | −0.552% | +0.0131% | 1h | $196K | $128K | 2x | as long as short |
| Bitget MEGAUSDT | −0.530% | +0.0100% | 4h | $1.1M | $1.2M | 50x | as long as short |
| Reya MEGARUSDPERP | −0.513% | +0.0159% | 1h | $3 | — | 3x | as long as short |
| Bybit MEGAUSDT | −0.508% | −0.0043% | 4h | $3.3M | $4.2M | 20x | as long as short |
| Extended MEGA-USD | −0.427% | +0.0104% | 1h | $136K | $605K | 5x | as long as short |
| BingX MEGA-USDT | −0.420% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Gate MEGA_USDT | −0.398% | +0.0100% | 4h | $204K | $228K | 20x | as long as short |
| Binance MEGAUSDT | −0.392% | +0.0100% | 4h | $4.4M | $10.4M | 50x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | −0.369% | +0.0100% | 1h | $133K | $569 | 10x | as long as short |
| Variational Omni MEGA | −0.318% | +0.0100% | 4h | $219K | $79K | — | as long as short |
| Aster MEGAUSDT | −0.310% | +0.0100% | 4h | $34K | $53K | 5x | as long as short |
| KuCoin MEGAUSDTM | −0.309% | +0.0100% | 4h | $213K | $90K | 50x | as long as short |
| Pacifica MEGA | −0.296% | +0.0100% | 1h | $15K | $10K | 3x | as long as short |
| Hyperliquid MEGA | −0.225% | +0.1702% | 1h | $7.6M | $2.3M | 3x | as long as short |
| BloFin MEGA-USDT | −0.221% | +0.0057% | 4h | $224K | $73K | 50x | as long as short |
| Phoenix MEGA | −0.155% | +0.0174% | 1h | $20K | $5K | 5x | as long as short |
| gTrade (Gains Network) MEGA/USD | 0.000% | L −0.0022% / S +0.0023% | 1h | $15K | — | 150x | as long as short |
| Deribit MEGA_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $110 | $15 | 25x | |
| Orderly PERP_MEGA_USDCshort | +0.022% | +0.0100% | 4h | $3K | $994 | 10x | |
| GMX MEGA/USD [ETH-USDC] | +0.027% | L +0.0237% / S −0.5353% | 1h | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.066% | +0.0100% | 1h | $20K | $35K | 5x | as long as short |
| Lighter MEGA | +0.133% | +0.1896% | 1h | $580K | $195K | 3x | as long as short |
| SunX MEGA-USDT | +0.177% | +0.0100% | 4h | $2K | $1.7M | 10x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.247% | +0.1256% | 1h | $7K | $6K | 50x | as long as short |
| ApeX Omni MEGAUSDT | +0.707% | +0.0100% | 1h | $26K | $219K | 50x | as long as short |