Funding you earn now, next payment 00:00 UTC−0.0088%/8h= −9.7% APRnext payment −$0.11 per $10,000 · paid last 24h +0.222%
Price spread now: Coinbase International against Nado−2.942%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Coinbase International is 2.942% cheaper against Nado than usual: you would sell low and buy high (−$294 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MEGA-PERP | 0.04627 | 0.0040 | pay 0.0005% / 1h | 7m 09s | $200K | $136K | 2x |
| Short | Coinbase International MEGA-PERP-INTX | 0.04490 | −0.0048 | pay 0.0006% / 1h | 7m 09s | $5K | $12K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$18.58
- Price spread: −2.942% → 0.000%
- −$294.17
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$329.76
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 65 min ago; Coinbase International: no order-book sample. Net counts fees only.
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 Nado live order book, 65 min ago | 2.22 bp | 20.5 bp −$21 | 107.4 bp −$1,074 | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: 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 on 28 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MEGA-PERP-INTXshort | −0.0048% | 1h | 0.04490 | −2.942% | $5K | $12K | 50x | |
| Phoenix MEGA | 0.0000% | 1h | 0.04610 | −0.357% | $21K | $7K | 5x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04622 | −0.098% | $1K | — | 150x | as long as short |
| Nado MEGA-PERPlong | +0.0040% | 1h | 0.04627 | long leg | $200K | $136K | 2x | |
| BloFin MEGA-USDT | +0.0043% | 4h | 0.04644 | +0.378% | $202K | $90K | 50x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04624 | −0.054% | $20K | $90K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04631 | +0.099% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04624 | −0.054% | $4.1M | $13.3M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04621 | −0.119% | $3.6M | $5.3M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04618 | −0.184% | $944K | $3.1M | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | +0.0100% | 1h | 0.04628 | +0.034% | $137K | $4K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04620 | −0.140% | $202K | $315K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04623 | −0.076% | $860K | $363K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04623 | −0.076% | $243K | $116K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04623 | −0.076% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04623 | −0.076% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04606 | −0.449% | $325K | $227K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04623 | −0.078% | $22K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04620 | −0.140% | $25K | $231K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04622 | −0.097% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04625 | −0.032% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04621 | −0.122% | $130K | $822K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04623 | −0.070% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04622 | −0.099% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0391% | 1h | 0.04627 | +0.011% | $19K | $41K | 5x | as long as short |
| Lighter MEGA | +0.1000% | 1h | 0.04645 | +0.400% | $653K | $325K | 3x | as long as short |
| Hyperliquid MEGA | +0.1236% | 1h | 0.04638 | +0.249% | $8.0M | $2.5M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1784% | 1h | 0.04632 | +0.108% | $112 | $15 | 25x | as long as short |
Coinbase International MEGA-PERP-INTX
Phoenix MEGA
gTrade (Gains Network) MEGA/USD
BloFin MEGA-USDT
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Extended MEGA-USD
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Lighter MEGA
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL