Spread before costs (cost unknown: a leg has no order-book sample)−0.176%
7d average−0.076%if it closes, per $10,000$18funding while held, a day−$53.17
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MEGA | 0.04597 | 0.2136 | pay 0.0267% / 1h | 9m 38s | $589K | $159K | 3x |
| Short | Hyperliquid MEGA | 0.04589 | 0.0364 | get 0.0045% / 1h | 9m 38s | $6.9M | $1.4M | 3x |
Lighter MEGA
Hyperliquid MEGAPrice 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
- −$17.62
- Funding while held
- −$53.17
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$79.79
- Spread needed to break even
- 0.090%
Slippage unknown: Lighter: live order book, 41 min ago; Hyperliquid: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1772%
- Per $10,000 a day
- −$53.17
- 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, 41 min ago | 27.13 bp | 96.9 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 3.49 bp | 22.3 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
MEGA price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.04546cheapestApeX Omni0.04553+0.153%Phoenix0.04560+0.307%BloFin0.04564+0.395%Orderly0.04574+0.615%GMX0.04575+0.631%gTrade (Gains Network)0.04575+0.631%Gate0.04576+0.659%Aster0.04576+0.665%Bybit0.04577+0.681%SunX0.04578+0.703%Pacifica0.04578+0.710%Reya0.04579+0.720%Binance0.04579+0.725%KuCoin0.04579+0.725%Nado0.04580+0.747%OKX0.04580+0.747%Bitget0.04580+0.747%BingX0.04580+0.747%Backpack0.04580+0.747%MEXC0.04581+0.769%Extended0.04582+0.794%Deribit0.04585+0.860%
Variational Omni
ApeX Omni
Phoenix
BloFin
Orderly
GMX
gTrade (Gains Network)
Gate
Aster
Bybit
SunX
Pacifica
Reya
Binance
KuCoin
Nado
OKX
Bitget
BingX
Backpack
MEXC
Extended
DeribitHyperliquid0.04589+0.943%
Coinbase International0.04591+0.983%Bulk0.04595+1.077%
Coinbase International
BulkLighter0.04597+1.121%
MEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni MEGA | −1.109% | +0.0100% | 4h | $182K | $17K | — | as long as short |
| ApeX Omni MEGAUSDT | −0.957% | +0.0100% | 1h | $28K | $215K | 50x | as long as short |
| Phoenix MEGA | −0.805% | +0.0360% | 1h | $21K | $5K | 5x | as long as short |
| BloFin MEGA-USDT | −0.718% | +0.0117% | 4h | $213K | $59K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | −0.500% | +0.0100% | 4h | $3K | $53 | 10x | as long as short |
| GMX MEGA/USD [ETH-USDC] | −0.485% | L +0.0239% / S −0.5353% | 1h | $3K | — | 45x | as long as short |
| gTrade (Gains Network) MEGA/USD | −0.485% | L −0.0022% / S +0.0023% | 1h | $15K | — | 150x | as long as short |
| Gate MEGA_USDT | −0.457% | +0.0100% | 4h | $212K | $155K | 20x | as long as short |
| Aster MEGAUSDT | −0.451% | +0.0100% | 4h | $36K | $44K | 5x | as long as short |
| Bybit MEGAUSDT | −0.435% | −0.0226% | 4h | $3.2M | $3.1M | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX MEGA-USDT | −0.413% | +0.0100% | 4h | $2K | $1.3M | 10x | as long as short |
| Pacifica MEGA | −0.407% | +0.0100% | 1h | $15K | $6K | 3x | as long as short |
| Reya MEGARUSDPERP | −0.397% | +0.0159% | 1h | $3 | — | 3x | as long as short |
| Binance MEGAUSDT | −0.392% | +0.0100% | 4h | $4.3M | $7.4M | 50x | as long as short |
| KuCoin MEGAUSDTM | −0.392% | +0.0100% | 4h | $220K | $64K | 50x | as long as short |
| Nado MEGA-PERP | −0.370% | +0.0099% | 1h | $183K | $72K | 2x | as long as short |
| OKX MEGA-USDT-SWAP | −0.370% | +0.0100% | 4h | $909K | $1.8M | 20x | as long as short |
| Bitget MEGAUSDT | −0.370% | +0.0100% | 4h | $1.1M | $854K | 50x | as long as short |
| BingX MEGA-USDT | −0.370% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | −0.370% | +0.0437% | 1h | $16K | $29K | 5x | as long as short |
| MEXC MEGA_USDT | −0.348% | +0.0100% | 4h | $638K | $268K | 50x | as long as short |
| Extended MEGA-USD | −0.323% | +0.0104% | 1h | $135K | $600K | 5x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | −0.259% | +0.2045% | 1h | $111 | $15 | 25x | as long as short |
| Hyperliquid MEGAshort | −0.176% | +0.0364% | 1h | $6.9M | $1.4M | 3x | |
| Coinbase International MEGA-PERP-INTX | −0.137% | +0.1224% | 1h | $8K | $4K | 50x | as long as short |
| Bulk MEGA-USD | −0.044% | +0.0100% | 1h | $136K | $569 | 10x | as long as short |
| Lighter MEGAlong | 0.000% | +0.2136% | 1h | $589K | $159K | 3x |