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−$4.05
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX MEGA/USD [ETH-USDC] | 0.04352 | L +0.0235% / S −0.5353% | pay 0.0029% / 1h | 59m 17s | $3K | — | 45x |
| Short | Gate MEGA_USDT | 0.04349 | 0.0100 | get 0.0050% / 4h | 1h 59m | $188K | $254K | 20x |
GMX MEGA/USD [ETH-USDC]
Gate MEGA_USDTPrice 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
- −$6.2
- Funding while held
- −$4.05
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$37.25
- Spread needed to break even
- 0.270%
Slippage unknown: GMX: no order-book sample; Gate: live order book, 34 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0135%
- Per $10,000 a day
- −$4.05
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 34 min ago | 7.95 bp | 136.6 bp −$137 | doesn't fit | doesn't fit | doesn't fit |
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
BloFin0.04350+0.023%Aster0.04351+0.042%MEXC0.04351+0.046%BingX0.04351+0.046%Binance0.04352+0.059%
BloFin
Aster
MEXC
BingX
BinanceGMX0.04352+0.062%
Reya0.04352+0.066%Bybit0.04352+0.069%KuCoin0.04352+0.069%Orderly0.04352+0.069%gTrade (Gains Network)0.04352+0.071%OKX0.04353+0.092%Backpack0.04353+0.092%ApeX Omni0.04353+0.092%SunX0.04353+0.092%Extended0.04353+0.092%Variational Omni0.04353+0.101%Bitget0.04354+0.115%Nado0.04354+0.126%Pacifica0.04355+0.145%Phoenix0.04356+0.161%Deribit0.04359+0.228%Bulk0.04360+0.253%Hyperliquid0.04360+0.260%Lighter0.04372+0.529%Coinbase International0.04376+0.612%
Reya
Bybit
KuCoin
Orderly
gTrade (Gains Network)
OKX
Backpack
ApeX Omni
SunX
Extended
Variational Omni
Bitget
Nado
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_USDTshort | −0.062% | +0.0100% | 4h | $188K | $254K | 20x | |
| BloFin MEGA-USDT | −0.039% | +0.0070% | 4h | $201K | $73K | 50x | as long as short |
| Aster MEGAUSDT | −0.020% | +0.0100% | 4h | $27K | $66K | 5x | as long as short |
| MEXC MEGA_USDT | −0.016% | +0.0100% | 4h | $743K | $355K | 50x | as long as short |
| BingX MEGA-USDT | −0.016% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Binance MEGAUSDT | −0.003% | +0.0100% | 4h | $3.9M | $12.6M | 50x | as long as short |
| GMX MEGA/USD [ETH-USDC]long | 0.000% | L +0.0235% / S −0.5353% | 1h | $3K | — | 45x | |
| Reya MEGARUSDPERP | +0.004% | +0.0159% | 1h | $3 | — | 3x | as long as short |
| Bybit MEGAUSDT | +0.007% | +0.0100% | 4h | $3.1M | $4.6M | 20x | as long as short |
| KuCoin MEGAUSDTM | +0.007% | +0.0100% | 4h | $226K | $115K | 50x | as long as short |