Settings8H · net · $10k
Funding arb · Price arb /

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0018%/8h= +1.9% APRnext payment +$0.02 per $10,000 · paid last 24h +0.010%
Price spread now: Extended against Nado−0.039%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1451.454% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.062%+$6 on $10k
Price spread, last 4 days (all we have)−0.297%−$30 · spread now −0.039%, 7d avg −0.045%
Together, before fees−0.235%+ Points / potential airdropNado: Active · Extended: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MEGA-PERP0.045910.0086pay 0.0011% / 1h53m 42s$198K$144K2x
ShortExtended MEGA-USD0.045890.0104get 0.0013% / 1h53m 42s$129K$821K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Nado. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$3.71
Price spread: −0.039% → −0.045%
$0.6
Slippage, 4 orders
−$133.43
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$141.12
Costs to cover
1.454%
Break-even
273.5 days
Slippage from Nado: live order book, 64 min ago; Extended: live order book, 64 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 64 min ago3.29 bp20.3 bp −$20111.1 bp −$1,111doesn't fitdoesn't fit
Sell Extended live order book, 64 min ago4.40 bp50.6 bp −$51290.1 bp −$2,901doesn't fitdoesn't fit

MEGA on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International MEGA-PERP-INTX−0.0680%1h0.04589−0.033%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04588−0.065%$1K150xas long as short
BloFin MEGA-USDT+0.0078%4h0.04587−0.087%$203K$95K50xas long as short
Nado MEGA-PERPlong+0.0086%1h0.04591long leg$198K$144K2x
Aster MEGAUSDT+0.0100%4h0.04591−0.002%$19K$90K5xas long as short
Pacifica MEGA+0.0100%1h0.04595+0.078%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04592+0.014%$4.1M$13.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04588−0.065%$3.5M$5.8M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04590−0.022%$937K$3.2M20xas long as short
Bulk MEGA-USD+0.0100%1h0.04590−0.022%$136K$11110xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MEGA_USDT+0.0100%4h0.04588−0.065%$204K$326K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04589−0.044%$805K$374K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04588−0.065%$234K$119K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.045910.000%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04588−0.065%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04578−0.290%$323K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04589−0.036%$19K$1.8M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04589−0.044%$24K$230K50xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04588−0.065%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04592+0.022%$2K$1.9M10xas long as short
Extended MEGA-USDshort+0.0104%1h0.04589−0.039%$129K$821K5x
Reya MEGARUSDPERP+0.0159%1h0.04589−0.049%$33xas long as short
Phoenix MEGA+0.0176%1h0.04593+0.044%$21K$7K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0238% / S −0.5353%1h0.04589−0.046%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0311%1h0.04592+0.022%$18K$53K5xas long as short
Hyperliquid MEGA+0.0440%1h0.04599+0.168%$7.9M$2.6M3xas long as short
Lighter MEGA+0.0776%1h0.04613+0.479%$653K$341K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.0949%1h0.04594+0.068%$111$1525xas long as short