Funding you earn now, next payment 08:00 UTC+0.0597%/8h= +65.4% APRnext payment +$0.75 per $10,000 · paid last 24h +0.356%
Price spread now: Deribit against Nado+0.125%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Deribit is 0.125% dearer against Nado than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MEGA-PERP | 0.04570 | 0.0072 | pay 0.0009% / 1h | 39m 17s | $197K | $140K | 2x |
| Short | Deribit MEGA_USDC-PERPETUAL | 0.04576 | 0.0669 | get 0.0084% / 1h | 39m 17s | $111 | $15 | 25x |
Nado MEGA-PERP
Deribit MEGA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $125.39
- Price spread: +0.125% → 0.000%
- $12.47
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $123.86
- Costs to cover
- 0.140%
- Break-even
- 0.1 days
Slippage unknown: Nado: live order book, 63 min ago; Deribit: 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, 63 min ago | 3.32 bp | 24.6 bp −$25 | 119.7 bp −$1,197 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04571 | +0.007% | $1K | — | 150x | as long as short |
| BloFin MEGA-USDT | +0.0053% | 4h | 0.04571 | +0.011% | $202K | $95K | 50x | as long as short |
| Nado MEGA-PERPlong | +0.0072% | 1h | 0.04570 | long leg | $197K | $140K | 2x | |
| Lighter MEGA | +0.0096% | 1h | 0.04590 | +0.427% | $613K | $383K | 3x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04573 | +0.064% | $20K | $96K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04576 | +0.112% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04574 | +0.076% | $4.1M | $13.8M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04571 | +0.011% | $3.5M | $5.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04568 | −0.055% | $923K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04590 | +0.427% | $136K | $111 | 10x | as long as short |
gTrade (Gains Network) MEGA/USD
BloFin MEGA-USDT
Lighter MEGA
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.0100% | 4h | 0.04574 | +0.077% | $206K | $328K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04573 | +0.055% | $771K | $407K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04573 | +0.055% | $228K | $121K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04573 | +0.055% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04570 | −0.011% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04587 | +0.352% | $323K | $227K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04590 | +0.437% | $26K | $1.9M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04588 | +0.383% | $24K | $227K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04572 | +0.033% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04570 | −0.011% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04570 | −0.005% | $128K | $797K | 5x | as long as short |
| Hyperliquid MEGA | +0.0125% | 1h | 0.04581 | +0.225% | $7.9M | $2.5M | 3x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04573 | +0.060% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0175% | 1h | 0.04592 | +0.470% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04571 | +0.015% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0605% | 1h | 0.04585 | +0.317% | $18K | $55K | 5x | as long as short |
| Deribit MEGA_USDC-PERPETUALshort | +0.0669% | 1h | 0.04576 | +0.125% | $111 | $15 | 25x | |
| Coinbase International MEGA-PERP-INTX | +0.1376% | 1h | 0.04589 | +0.416% | $5K | $12K | 50x | as long as short |
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
Hyperliquid MEGA
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Coinbase International MEGA-PERP-INTX