Spread before costs (cost unknown: a leg has no order-book sample)−0.015%
7d average—if it closes, per $10,000$1funding while held, a day+$1.76
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MEGA_USDT | 0.04406 | 0.0100 | pay 0.0050% / 4h | 2h 17m | $759K | $357K | 50x |
| Short | Reya MEGARUSDPERP | 0.04405 | 0.0159 | get 0.0020% / 1h | 17m 04s | $3 | — | 3x |
MEXC 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
- −$1.48
- Funding while held
- $1.76
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$5.73
- Spread needed to break even
- 0.060%
Slippage unknown: MEXC: live order book, 15 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0059%
- Per $10,000 a day
- +$1.76
- 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 MEXC live order book, 15 min ago | 2.27 bp | 10.8 bp −$11 | 68.5 bp −$685 | 175.1 bp −$17.5K | 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.Phoenix0.04398cheapestApeX Omni0.04399+0.023%SunX0.04400+0.045%BloFin0.04401+0.068%Pacifica0.04401+0.073%Gate0.04402+0.091%Variational Omni0.04403+0.111%Bybit0.04403+0.114%Aster0.04404+0.127%Binance0.04404+0.144%Nado0.04404+0.148%OKX0.04405+0.159%BingX0.04405+0.159%Bulk0.04405+0.159%
Phoenix
ApeX Omni
SunX
BloFin
Pacifica
Gate
Variational Omni
Bybit
Aster
Binance
Nado
OKX
BingX
BulkReya0.04405+0.167%
MEXC0.04406+0.182%
Orderly0.04406+0.182%Extended0.04407+0.195%GMX0.04407+0.202%KuCoin0.04407+0.205%gTrade (Gains Network)0.04407+0.206%Bitget0.04408+0.227%Backpack0.04408+0.227%Deribit0.04412+0.309%Hyperliquid0.04418+0.459%Lighter0.04425+0.614%Coinbase International0.04463+1.482%
Orderly
Extended
GMX
KuCoin
gTrade (Gains Network)
Bitget
Backpack
Deribit
Hyperliquid
Lighter
Coinbase InternationalMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix MEGA | −0.182% | 0.0000% | 1h | $20K | $6K | 5x | as long as short |
| ApeX Omni MEGAUSDT | −0.159% | +0.0100% | 1h | $25K | $223K | 50x | as long as short |
| SunX MEGA-USDT | −0.136% | +0.0100% | 4h | $2K | $1.9M | 10x | as long as short |
| BloFin MEGA-USDT | −0.113% | +0.0159% | 4h | $203K | $74K | 50x | as long as short |
| Pacifica MEGA | −0.109% | +0.0100% | 1h | $13K | $11K | 3x | as long as short |
| Gate MEGA_USDT | −0.091% | +0.0100% | 4h | $196K | $252K | 20x | as long as short |
| Variational Omni MEGA | −0.071% | +0.0100% | 4h | $232K | $102K | — | as long as short |
| Bybit MEGAUSDT | −0.068% | +0.0100% | 4h | $3.2M | $4.6M | 20x | as long as short |
| Aster MEGAUSDT | −0.055% | +0.0100% | 4h | $27K | $66K | 5x | as long as short |
| Binance MEGAUSDT | −0.038% | +0.0100% | 4h | $4.1M | $12.4M | 50x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado MEGA-PERP | −0.034% | +0.0062% | 1h | $190K | $154K | 2x | as long as short |
| OKX MEGA-USDT-SWAP | −0.023% | +0.0100% | 4h | $911K | $2.9M | 20x | as long as short |
| BingX MEGA-USDT | −0.023% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Bulk MEGA-USD | −0.023% | +0.0100% | 1h | $130K | −$0 | 10x | as long as short |
| Reya MEGARUSDPERPshort | −0.015% | +0.0159% | 1h | $3 | — | 3x | |
| MEXC MEGA_USDTlong | 0.000% | +0.0100% | 4h | $759K | $357K | 50x | |
| Orderly PERP_MEGA_USDC | 0.000% | +0.0099% | 4h | $3K | $994 | 10x | as long as short |
| Extended MEGA-USD | +0.013% | +0.0104% | 1h | $133K | $602K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | +0.020% | L +0.0236% / S −0.5353% | 1h | $3K | — | 45x | as long as short |
| KuCoin MEGAUSDTM | +0.023% | +0.0100% | 4h | $230K | $114K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | +0.025% | L −0.0018% / S +0.0023% | 1h | $16K | — | 150x | as long as short |
| Bitget MEGAUSDT | +0.045% | +0.0100% | 4h | $1.0M | $1.3M | 50x | as long as short |
| Backpack MEGA_USDC_PERP | +0.045% | +0.0139% | 1h | $17K | $38K | 5x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.127% | +0.0862% | 1h | $107 | $15 | 25x | as long as short |
| Hyperliquid MEGA | +0.277% | +0.1286% | 1h | $7.4M | $2.5M | 3x | as long as short |
| Lighter MEGA | +0.431% | +0.0216% | 1h | $601K | $275K | 3x | as long as short |
| Coinbase International MEGA-PERP-INTX | +1.298% | +0.1192% | 1h | $6K | $5K | 50x | as long as short |