Spread before costs (cost unknown: a leg has no order-book sample)+0.223%
7d average—if it closes, per $10,000$22funding while held, a day+$5.96
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) MEGA/USD | 0.04479 | L −0.0022% / S +0.0023% | get 0.0003% / 1h | 23m 44s | $15K | — | 150x |
| Short | Phoenix MEGA | 0.04489 | 0.0177 | get 0.0022% / 1h | 23m 44s | $20K | $6K | 5x |
gTrade (Gains Network) MEGA/USD
Phoenix MEGAPrice 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
- $22.33
- Funding while held
- $5.96
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $9.28
- Spread needed to break even
- 0.190%
Slippage unknown: gTrade (Gains Network): no order-book sample; Phoenix: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0199%
- Per $10,000 a day
- +$5.96
- 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Phoenix no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and Phoenix: 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.Binance0.04476cheapestReya0.04477+0.015%OKX0.04477+0.022%BingX0.04477+0.022%Orderly0.04477+0.022%Extended0.04478+0.040%MEXC0.04478+0.045%Nado0.04478+0.056%GMX0.04479+0.063%Bitget0.04479+0.067%
Binance
Reya
OKX
BingX
Orderly
Extended
MEXC
Nado
GMX
BitgetgTrade (Gains Network)0.04479+0.067%
Bybit0.04480+0.089%Gate0.04480+0.089%KuCoin0.04481+0.112%Pacifica0.04481+0.114%Aster0.04481+0.114%Backpack0.04484+0.179%Variational Omni0.04488+0.258%
Bybit
Gate
KuCoin
Pacifica
Aster
Backpack
Variational OmniPhoenix0.04489+0.290%
Deribit0.04489+0.295%ApeX Omni0.04491+0.335%SunX0.04493+0.380%Hyperliquid0.04494+0.391%Bulk0.04500+0.540%Lighter0.04501+0.559%BloFin0.04503+0.603%Coinbase International0.04524+1.066%
Deribit
ApeX Omni
SunX
Hyperliquid
Bulk
Lighter
BloFin
Coinbase InternationalMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance MEGAUSDT | −0.067% | +0.0100% | 4h | $4.2M | $11.5M | 50x | as long as short |
| Reya MEGARUSDPERP | −0.052% | +0.0159% | 1h | $3 | — | 3x | as long as short |
| OKX MEGA-USDT-SWAP | −0.045% | +0.0100% | 4h | $912K | $2.8M | 20x | as long as short |
| BingX MEGA-USDT | −0.045% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Orderly PERP_MEGA_USDC | −0.045% | +0.0100% | 4h | $3K | $994 | 10x | as long as short |
| Extended MEGA-USD | −0.027% | +0.0104% | 1h | $135K | $605K | 5x | as long as short |
| MEXC MEGA_USDT | −0.022% | +0.0100% | 4h | $796K | $345K | 50x | as long as short |
| Nado MEGA-PERP | −0.011% | +0.0059% | 1h | $193K | $144K | 2x | as long as short |
| GMX MEGA/USD [ETH-USDC] | −0.004% | L +0.0236% / S −0.5353% | 1h | $3K | — | 45x | as long as short |
| Bitget MEGAUSDT | 0.000% | +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 | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) MEGA/USDlong | 0.000% | L −0.0022% / S +0.0023% | 1h | $15K | — | 150x | |
| Bybit MEGAUSDT | +0.022% | +0.0100% | 4h | $3.2M | $4.4M | 20x | as long as short |
| Gate MEGA_USDT | +0.022% | +0.0084% | 4h | $198K | $236K | 20x | as long as short |
| KuCoin MEGAUSDTM | +0.045% | +0.0100% | 4h | $237K | $107K | 50x | as long as short |
| Pacifica MEGA | +0.047% | +0.0100% | 1h | $15K | $10K | 3x | as long as short |
| Aster MEGAUSDT | +0.047% | +0.0100% | 4h | $33K | $57K | 5x | as long as short |
| Backpack MEGA_USDC_PERP | +0.112% | +0.0100% | 1h | $19K | $38K | 5x | as long as short |
| Variational Omni MEGA | +0.191% | +0.0100% | 4h | $239K | $101K | — | as long as short |
| Phoenix MEGAshort | +0.223% | +0.0177% | 1h | $20K | $6K | 5x | |
| Deribit MEGA_USDC-PERPETUAL | +0.228% | +0.2005% | 1h | $109 | $15 | 25x | as long as short |
| ApeX Omni MEGAUSDT | +0.268% | +0.0100% | 1h | $25K | $223K | 50x | as long as short |
| SunX MEGA-USDT | +0.313% | +0.0100% | 4h | $1K | $1.8M | 10x | as long as short |
| Hyperliquid MEGA | +0.324% | +0.1127% | 1h | $7.5M | $2.4M | 3x | as long as short |
| Bulk MEGA-USD | +0.472% | +0.0100% | 1h | $133K | $569 | 10x | as long as short |
| Lighter MEGA | +0.491% | +0.1144% | 1h | $597K | $225K | 3x | as long as short |
| BloFin MEGA-USDT | +0.536% | +0.0071% | 4h | $209K | $75K | 50x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.998% | +0.1224% | 1h | $7K | $6K | 50x | as long as short |