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

MEGA

all MEGA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.008%
Price spread now: KuCoin against Nado+0.120%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$611as in the Price arb table
costs, in and out, $10k−$6206.204% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.059%+$6 on $10k
Price spread, last 4 days (all we have)−0.948%−$95 · spread now +0.120%, 7d avg +0.022%
Together, before fees−0.889%+ Points / potential airdropNado: Active · farm board−$89 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.098% dearer against Nado than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MEGA-PERP0.045650.0046pay 0.0006% / 1h53m 12s$197K$140K2x
ShortKuCoin MEGAUSDTM0.045710.0100get 0.0050% / 4h1h 53m$239K$112K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$11.24
Price spread: +0.120% → +0.022%
$9.83
Slippage, 4 orders
−$601.36
Fee Nado: 3.5 bp × 2 orders
−$7
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$599.29
Costs to cover
6.204%
Break-even
380.1 days
Slippage from Nado: live order book, 9 min ago; KuCoin: live order book, 42 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, 9 min ago3.29 bp21.1 bp −$21111.9 bp −$1,119doesn't fitdoesn't fit
Sell KuCoin live order book, 42 min ago11.95 bp292.5 bp −$293doesn't fitdoesn't fitdoesn't fit

MEGA on 27 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−0.0800%1h0.04490−1.645%$5K$12K50xas long as short
ApeX Omni MEGAUSDT−0.0269%1h0.04549−0.361%$24K$230K50xas long as short
gTrade (Gains Network) MEGA/USDL +0.0001% / S +0.0023%1h0.04568+0.064%$1K150xas long as short
Nado MEGA-PERPlong+0.0046%1h0.04565long leg$197K$140K2x
Hyperliquid MEGA+0.0100%1h0.04574+0.188%$7.9M$2.6M3xas long as short
Aster MEGAUSDT+0.0100%4h0.04568+0.044%$18K$90K5xas long as short
Binance MEGAUSDT+0.0100%4h0.04566+0.018%$4.0M$13.6M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04567+0.033%$3.6M$5.5M20xas long as short
OKX MEGA-USDT-SWAP+0.0100%4h0.04562−0.077%$939K$3.1M20xas long as short
Gate MEGA_USDT+0.0100%4h0.04565−0.011%$202K$317K20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MEGA_USDT+0.0100%4h0.04566+0.011%$814K$363K50xas long as short
KuCoin MEGAUSDTMshort+0.0100%4h0.04571+0.120%$239K$112K50x
Bitget MEGAUSDT+0.0100%4h0.04570+0.099%$1.1M$1.5M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04566+0.011%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04585+0.432%$321K$226Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04549−0.354%$30K$1.7M10xas long as short
Orderly PERP_MEGA_USDC+0.0100%4h0.04569+0.077%$3K$2K10xas long as short
SunX MEGA-USDT+0.0100%4h0.04566+0.011%$2K$1.9M10xas long as short
Bulk MEGA-USD+0.0100%1h0.04571+0.119%$135K$4K10xas long as short
Extended MEGA-USD+0.0104%1h0.04566+0.020%$131K$829K5xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04564−0.028%$33xas long as short
Phoenix MEGA+0.0175%1h0.04569+0.077%$21K$7K5xas long as short
Backpack MEGA_USDC_PERP+0.0222%1h0.04570+0.099%$18K$46K5xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0237% / S −0.5353%1h0.04568+0.044%$3K45xas long as short
Pacifica MEGA+0.0245%1h0.04568+0.044%$14K$9K3xas long as short
Lighter MEGA+0.0744%1h0.04590+0.537%$649K$329K3xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1851%1h0.04578+0.280%$111$1525xas long as short