Spread before costs (cost unknown: a leg has no order-book sample)+1.247%
7d average—if it closes, per $10,000$125funding while held, a day+$46.11
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MEGA_USDT | 0.04562 | 0.0100 | pay 0.0050% / 4h | 21m 24s | $207K | $224K | 20x |
| Short | Deribit MEGA_USDC-PERPETUAL | 0.04619 | 0.1637 | get 0.0205% / 1h | 21m 24s | $112 | $15 | 25x |
Gate MEGA_USDT
Deribit MEGA_USDC-PERPETUALPrice 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
- $124.73
- Funding while held
- $46.11
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $148.84
- Spread needed to break even
- 0.220%
Slippage unknown: Gate: live order book, 22 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1537%
- Per $10,000 a day
- +$46.11
- 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 Gate live order book, 22 min ago | 7.43 bp | 173.3 bp −$173 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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.GMX0.04558cheapestBybit0.04559+0.026%OKX0.04559+0.026%BingX0.04560+0.048%Orderly0.04560+0.048%gTrade (Gains Network)0.04560+0.057%Binance0.04561+0.072%Extended0.04561+0.075%
GMX
Bybit
OKX
BingX
Orderly
gTrade (Gains Network)
Binance
ExtendedGate0.04562+0.092%
MEXC0.04564+0.136%Pacifica0.04564+0.138%Reya0.04565+0.148%Bitget0.04565+0.158%KuCoin0.04566+0.180%Aster0.04567+0.196%Hyperliquid0.04578+0.448%Lighter0.04586+0.619%BloFin0.04596+0.838%Phoenix0.04597+0.860%ApeX Omni0.04603+0.992%Backpack0.04610+1.145%Nado0.04611+1.167%SunX0.04615+1.255%
MEXC
Pacifica
Reya
Bitget
KuCoin
Aster
Hyperliquid
Lighter
BloFin
Phoenix
ApeX Omni
Backpack
Nado
SunXDeribit0.04619+1.341%
Bulk0.04650+2.023%Variational Omni0.04656+2.157%Coinbase International0.04769+4.640%
Bulk
Variational Omni
Coinbase InternationalMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX MEGA/USD [ETH-USDC] | −0.092% | L +0.0237% / S −0.5353% | 1h | $3K | — | 45x | as long as short |
| Bybit MEGAUSDT | −0.066% | −0.0083% | 4h | $3.3M | $4.2M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | −0.066% | +0.0100% | 4h | $941K | $2.6M | 20x | as long as short |
| BingX MEGA-USDT | −0.044% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Orderly PERP_MEGA_USDC | −0.044% | +0.0100% | 4h | $3K | $994 | 10x | as long as short |
| gTrade (Gains Network) MEGA/USD | −0.035% | L −0.0022% / S +0.0023% | 1h | $15K | — | 150x | as long as short |
| Binance MEGAUSDT | −0.020% | +0.0100% | 4h | $4.5M | $10.2M | 50x | as long as short |
| Extended MEGA-USD | −0.018% | +0.0104% | 1h | $138K | $605K | 5x | as long as short |
| Gate MEGA_USDTlong | 0.000% | +0.0100% | 4h | $207K | $224K | 20x | |
| MEXC MEGA_USDT | +0.044% | +0.0100% | 4h | $778K | $312K | 50x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica MEGA | +0.046% | +0.0100% | 1h | $15K | $10K | 3x | as long as short |
| Reya MEGARUSDPERP | +0.056% | +0.0159% | 1h | $3 | — | 3x | as long as short |
| Bitget MEGAUSDT | +0.066% | +0.0100% | 4h | $1.1M | $1.2M | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.088% | +0.0100% | 4h | $229K | $86K | 50x | as long as short |
| Aster MEGAUSDT | +0.104% | +0.0100% | 4h | $34K | $52K | 5x | as long as short |
| Hyperliquid MEGA | +0.355% | +0.1808% | 1h | $7.7M | $2.3M | 3x | as long as short |
| Lighter MEGA | +0.526% | +0.2096% | 1h | $587K | $191K | 3x | as long as short |
| BloFin MEGA-USDT | +0.745% | +0.0096% | 4h | $225K | $74K | 50x | as long as short |
| Phoenix MEGA | +0.767% | +0.0174% | 1h | $21K | $5K | 5x | as long as short |
| ApeX Omni MEGAUSDT | +0.899% | +0.0100% | 1h | $26K | $219K | 50x | as long as short |
| Backpack MEGA_USDC_PERP | +1.052% | +0.0100% | 1h | $22K | $34K | 5x | as long as short |
| Nado MEGA-PERP | +1.074% | +0.0129% | 1h | $199K | $125K | 2x | as long as short |
| SunX MEGA-USDT | +1.162% | +0.0100% | 4h | $1K | $1.7M | 10x | as long as short |
| Deribit MEGA_USDC-PERPETUALshort | +1.247% | +0.1637% | 1h | $112 | $15 | 25x | |
| Bulk MEGA-USD | +1.929% | +0.0100% | 1h | $138K | $569 | 10x | as long as short |
| Variational Omni MEGA | +2.063% | +0.0100% | 4h | $225K | $79K | — | as long as short |
| Coinbase International MEGA-PERP-INTX | +4.544% | +0.1256% | 1h | $8K | $6K | 50x | as long as short |