Spread before costs (cost unknown: a leg has no order-book sample)+0.079%
7d average—if it closes, per $10,000$8funding while held, a day+$1.94
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MEGA_USDT | 0.04511 | 0.0094 | pay 0.0047% / 4h | 3h 28m | $199K | $235K | 20x |
| Short | Reya MEGARUSDPERP | 0.04515 | 0.0159 | get 0.0020% / 1h | 28m 24s | $3 | — | 3x |
Gate MEGA_USDT
Reya MEGARUSDPERPPrice 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
- $7.92
- Funding while held
- $1.94
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$11.14
- Spread needed to break even
- 0.210%
Slippage unknown: Gate: live order book, 10 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0065%
- Per $10,000 a day
- +$1.94
- 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, 10 min ago | 6.67 bp | 176.7 bp −$177 | doesn't fit | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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.SunX0.04488cheapestDeribit0.04489+0.018%Nado0.04491+0.067%Coinbase International0.04494+0.134%BloFin0.04494+0.134%ApeX Omni0.04497+0.201%Variational Omni0.04501+0.284%Backpack0.04502+0.312%Phoenix0.04503+0.334%Bulk0.04505+0.379%Aster0.04509+0.477%OKX0.04510+0.490%Extended0.04510+0.495%Bybit0.04511+0.512%
SunX
Deribit
Nado
Coinbase International
BloFin
ApeX Omni
Variational Omni
Backpack
Phoenix
Bulk
Aster
OKX
Extended
BybitGate0.04511+0.512%
BingX0.04511+0.512%Pacifica0.04512+0.533%Bitget0.04513+0.557%Orderly0.04513+0.557%Binance0.04514+0.579%
BingX
Pacifica
Bitget
Orderly
BinanceReya0.04515+0.592%
MEXC0.04515+0.602%KuCoin0.04515+0.602%GMX0.04515+0.611%gTrade (Gains Network)0.04516+0.634%Hyperliquid0.04531+0.949%Lighter0.04532+0.980%
MEXC
KuCoin
GMX
gTrade (Gains Network)
Hyperliquid
LighterMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX MEGA-USDT | −0.510% | +0.0100% | 4h | $2K | $1.8M | 10x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | −0.492% | +0.1692% | 1h | $109 | $15 | 25x | as long as short |
| Nado MEGA-PERP | −0.443% | +0.0056% | 1h | $194K | $141K | 2x | as long as short |
| Coinbase International MEGA-PERP-INTX | −0.377% | +0.1224% | 1h | $7K | $6K | 50x | as long as short |
| BloFin MEGA-USDT | −0.377% | +0.0056% | 4h | $208K | $75K | 50x | as long as short |
| ApeX Omni MEGAUSDT | −0.310% | +0.0100% | 1h | $25K | $223K | 50x | as long as short |
| Variational Omni MEGA | −0.227% | +0.0100% | 4h | $239K | $101K | — | as long as short |
| Backpack MEGA_USDC_PERP | −0.200% | +0.0100% | 1h | $19K | $38K | 5x | as long as short |
| Phoenix MEGA | −0.177% | +0.0177% | 1h | $20K | $6K | 5x | as long as short |
| Bulk MEGA-USD | −0.133% | +0.0100% | 1h | $133K | $569 | 10x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster MEGAUSDT | −0.035% | +0.0100% | 4h | $33K | $57K | 5x | as long as short |
| OKX MEGA-USDT-SWAP | −0.022% | +0.0100% | 4h | $916K | $2.8M | 20x | as long as short |
| Extended MEGA-USD | −0.017% | +0.0104% | 1h | $136K | $605K | 5x | as long as short |
| Bybit MEGAUSDT | 0.000% | +0.0100% | 4h | $3.3M | $4.4M | 20x | as long as short |
| Gate MEGA_USDTlong | 0.000% | +0.0094% | 4h | $199K | $235K | 20x | |
| BingX MEGA-USDT | 0.000% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Pacifica MEGA | +0.020% | +0.0100% | 1h | $15K | $10K | 3x | as long as short |
| Bitget MEGAUSDT | +0.044% | +0.0100% | 4h | $1.1M | $1.3M | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.044% | +0.0100% | 4h | $3K | $994 | 10x | as long as short |
| Binance MEGAUSDT | +0.067% | +0.0100% | 4h | $4.2M | $11.5M | 50x | as long as short |
| Reya MEGARUSDPERPshort | +0.079% | +0.0159% | 1h | $3 | — | 3x | |
| MEXC MEGA_USDT | +0.089% | +0.0100% | 4h | $735K | $336K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.089% | +0.0100% | 4h | $237K | $107K | 50x | as long as short |
| GMX MEGA/USD [ETH-USDC] | +0.098% | L +0.0236% / S −0.5353% | 1h | $3K | — | 45x | as long as short |
| gTrade (Gains Network) MEGA/USD | +0.121% | L −0.0022% / S +0.0023% | 1h | $15K | — | 150x | as long as short |
| Hyperliquid MEGA | +0.434% | +0.1029% | 1h | $7.6M | $2.4M | 3x | as long as short |
| Lighter MEGA | +0.466% | +0.1024% | 1h | $600K | $224K | 3x | as long as short |