Spread before costs (cost unknown: a leg has no order-book sample)+0.062%
7d average—if it closes, per $10,000$6funding while held, a day+$157.58
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MEGA_USDT | 0.04349 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $188K | $254K | 20x |
| Short | GMX MEGA/USD [ETH-USDC] | 0.04352 | L +0.0235% / S −0.5353% | get 0.0669% / 1h | 59m 23s | $3K | — | 45x |
Gate MEGA_USDT
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
- $6.21
- Funding while held
- $157.58
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $136.79
- Spread needed to break even
- 0.270%
Slippage unknown: Gate: live order book, 34 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.5253%
- Per $10,000 a day
- +$157.58
- 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, 34 min ago | 7.95 bp | 144.5 bp −$144 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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.Gate0.04349cheapest
BloFin0.04349cheapestOrderly0.04350+0.023%MEXC0.04351+0.046%
BloFin
Orderly
MEXCGMX0.04352+0.062%
Reya0.04352+0.066%Aster0.04352+0.069%KuCoin0.04352+0.069%BingX0.04352+0.069%gTrade (Gains Network)0.04352+0.071%Nado0.04353+0.092%Bybit0.04353+0.092%OKX0.04353+0.092%Backpack0.04353+0.092%ApeX Omni0.04353+0.092%SunX0.04353+0.092%Binance0.04353+0.095%Variational Omni0.04353+0.101%Bitget0.04354+0.115%Extended0.04354+0.115%Pacifica0.04355+0.145%Phoenix0.04356+0.161%Deribit0.04356+0.161%Bulk0.04360+0.253%Hyperliquid0.04360+0.260%Lighter0.04373+0.552%Coinbase International0.04376+0.612%
Reya
Aster
KuCoin
BingX
gTrade (Gains Network)
Nado
Bybit
OKX
Backpack
ApeX Omni
SunX
Binance
Variational Omni
Bitget
Extended
Pacifica
Phoenix
Deribit
Bulk
Hyperliquid
Lighter
Coinbase InternationalMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate MEGA_USDTlong | 0.000% | +0.0100% | 4h | $188K | $254K | 20x | |
| BloFin MEGA-USDT | 0.000% | +0.0135% | 4h | $200K | $73K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.023% | +0.0099% | 4h | $3K | $994 | 10x | as long as short |
| MEXC MEGA_USDT | +0.046% | +0.0100% | 4h | $743K | $355K | 50x | as long as short |
| GMX MEGA/USD [ETH-USDC]short | +0.062% | L +0.0235% / S −0.5353% | 1h | $3K | — | 45x | |
| Reya MEGARUSDPERP | +0.066% | +0.0159% | 1h | $3 | — | 3x | as long as short |
| Aster MEGAUSDT | +0.069% | +0.0100% | 4h | $27K | $66K | 5x | as long as short |
| KuCoin MEGAUSDTM | +0.069% | +0.0100% | 4h | $226K | $115K | 50x | as long as short |
| BingX MEGA-USDT | +0.069% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| gTrade (Gains Network) MEGA/USD | +0.071% | L −0.0022% / S +0.0023% | 1h | $14K | — | 150x | as long as short |