After costs, if the gap returns to its 7d average, $10k−$219
spread now−0.608%7d average−0.249%fees + slippage, in and out−$183spread needed1.832%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MEGA | 0.04518 | 0.0944 | pay 0.0118% / 1h | 30m 30s | $599K | $224K | 3x |
| Short | Binance MEGAUSDT | 0.04491 | 0.0100 | get 0.0050% / 4h | 3h 30m | $4.2M | $11.4M | 50x |
Lighter MEGA
Binance MEGAUSDTPrice 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
- −$60.84
- Funding while held
- −$25.32
- Slippage, 4 orders
- −$173.21
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$269.37
- Spread needed to break even
- 1.832%
Slippage from Lighter: live order book, 11 min ago; Binance: live order book, 11 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0844%
- Per $10,000 a day
- −$25.32
- 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 Lighter live order book, 11 min ago | 14.17 bp | 104.7 bp −$105 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 2.20 bp | 24.9 bp −$25 | 142.6 bp −$1,426 | doesn't fit | doesn't fit |
MEGA price on every exchange
against the cheapest. Click to use as the short leg.OKX0.04488cheapestBybit0.04490+0.045%
OKX
BybitBinance0.04491+0.056%
Extended0.04491+0.058%BingX0.04491+0.067%Nado0.04491+0.067%Reya0.04491+0.070%Bitget0.04492+0.089%MEXC0.04495+0.156%KuCoin0.04495+0.156%ApeX Omni0.04495+0.156%Gate0.04497+0.201%Aster0.04498+0.222%Pacifica0.04498+0.223%Variational Omni0.04501+0.284%Phoenix0.04503+0.334%BloFin0.04504+0.357%Bulk0.04505+0.379%Backpack0.04505+0.379%Orderly0.04505+0.379%Hyperliquid0.04505+0.388%gTrade (Gains Network)0.04505+0.389%GMX0.04506+0.392%SunX0.04510+0.490%Deribit0.04515+0.595%
Extended
BingX
Nado
Reya
Bitget
MEXC
KuCoin
ApeX Omni
Gate
Aster
Pacifica
Variational Omni
Phoenix
BloFin
Bulk
Backpack
Orderly
Hyperliquid
gTrade (Gains Network)
GMX
SunX
DeribitLighter0.04518+0.668%
Coinbase International0.04581+2.068%
Coinbase InternationalMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX MEGA-USDT-SWAP | −0.664% | +0.0100% | 4h | $913K | $2.8M | 20x | as long as short |
| Bybit MEGAUSDT | −0.620% | +0.0100% | 4h | $3.3M | $4.4M | 20x | as long as short |
| Binance MEGAUSDTshort | −0.608% | +0.0100% | 4h | $4.2M | $11.4M | 50x | |
| Extended MEGA-USD | −0.607% | +0.0104% | 1h | $136K | $605K | 5x | as long as short |
| BingX MEGA-USDT | −0.598% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Nado MEGA-PERP | −0.598% | +0.0056% | 1h | $194K | $141K | 2x | as long as short |
| Reya MEGARUSDPERP | −0.594% | +0.0159% | 1h | $3 | — | 3x | as long as short |
| Bitget MEGAUSDT | −0.575% | +0.0100% | 4h | $1.1M | $1.3M | 50x | as long as short |
| MEXC MEGA_USDT | −0.509% | +0.0100% | 4h | $732K | $336K | 50x | as long as short |
| KuCoin MEGAUSDTM | −0.509% | +0.0100% | 4h | $236K | $107K | 50x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni MEGAUSDT | −0.509% | +0.0100% | 1h | $25K | $223K | 50x | as long as short |
| Gate MEGA_USDT | −0.465% | +0.0100% | 4h | $200K | $234K | 20x | as long as short |
| Aster MEGAUSDT | −0.444% | +0.0100% | 4h | $33K | $57K | 5x | as long as short |
| Pacifica MEGA | −0.443% | +0.0100% | 1h | $15K | $10K | 3x | as long as short |
| Variational Omni MEGA | −0.382% | +0.0100% | 4h | $239K | $101K | — | as long as short |
| Phoenix MEGA | −0.332% | +0.0177% | 1h | $20K | $6K | 5x | as long as short |
| BloFin MEGA-USDT | −0.310% | +0.0060% | 4h | $210K | $75K | 50x | as long as short |
| Bulk MEGA-USD | −0.288% | +0.0100% | 1h | $133K | $569 | 10x | as long as short |
| Backpack MEGA_USDC_PERP | −0.288% | +0.0100% | 1h | $19K | $38K | 5x | as long as short |
| Orderly PERP_MEGA_USDC | −0.288% | +0.0100% | 4h | $3K | $994 | 10x | as long as short |
| Hyperliquid MEGA | −0.279% | +0.0978% | 1h | $7.6M | $2.4M | 3x | as long as short |
| gTrade (Gains Network) MEGA/USD | −0.278% | L −0.0022% / S +0.0023% | 1h | $15K | — | 150x | as long as short |
| GMX MEGA/USD [ETH-USDC] | −0.274% | L +0.0236% / S −0.5353% | 1h | $3K | — | 45x | as long as short |
| SunX MEGA-USDT | −0.177% | +0.0100% | 4h | $2K | $1.8M | 10x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | −0.073% | +0.1503% | 1h | $109 | $15 | 25x | as long as short |
| Lighter MEGAlong | 0.000% | +0.0944% | 1h | $599K | $224K | 3x | |
| Coinbase International MEGA-PERP-INTX | +1.390% | +0.1224% | 1h | $7K | $6K | 50x | as long as short |