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 − costs—under 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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MEGA-PERP | 0.04565 | 0.0046 | pay 0.0006% / 1h | 53m 12s | $197K | $140K | 2x |
| Short | KuCoin MEGAUSDTM | 0.04571 | 0.0100 | get 0.0050% / 4h | 1h 53m | $239K | $112K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Nado live order book, 9 min ago | 3.29 bp | 21.1 bp −$21 | 111.9 bp −$1,119 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 42 min ago | 11.95 bp | 292.5 bp −$293 | doesn't fit | doesn't fit | doesn't fit |
MEGA on 27 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-INTX | −0.0800% | 1h | 0.04490 | −1.645% | $5K | $12K | 50x | as long as short |
| ApeX Omni MEGAUSDT | −0.0269% | 1h | 0.04549 | −0.361% | $24K | $230K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04568 | +0.064% | $1K | — | 150x | as long as short |
| Nado MEGA-PERPlong | +0.0046% | 1h | 0.04565 | long leg | $197K | $140K | 2x | |
| Hyperliquid MEGA | +0.0100% | 1h | 0.04574 | +0.188% | $7.9M | $2.6M | 3x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04568 | +0.044% | $18K | $90K | 5x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04566 | +0.018% | $4.0M | $13.6M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04567 | +0.033% | $3.6M | $5.5M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04562 | −0.077% | $939K | $3.1M | 20x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04565 | −0.011% | $202K | $317K | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04566 | +0.011% | $814K | $363K | 50x | as long as short |
| KuCoin MEGAUSDTMshort | +0.0100% | 4h | 0.04571 | +0.120% | $239K | $112K | 50x | |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04570 | +0.099% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04566 | +0.011% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04585 | +0.432% | $321K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04549 | −0.354% | $30K | $1.7M | 10x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04569 | +0.077% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04566 | +0.011% | $2K | $1.9M | 10x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04571 | +0.119% | $135K | $4K | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04566 | +0.020% | $131K | $829K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04564 | −0.028% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0175% | 1h | 0.04569 | +0.077% | $21K | $7K | 5x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0222% | 1h | 0.04570 | +0.099% | $18K | $46K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04568 | +0.044% | $3K | — | 45x | as long as short |
| Pacifica MEGA | +0.0245% | 1h | 0.04568 | +0.044% | $14K | $9K | 3x | as long as short |
| Lighter MEGA | +0.0744% | 1h | 0.04590 | +0.537% | $649K | $329K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1851% | 1h | 0.04578 | +0.280% | $111 | $15 | 25x | as long as short |
KuCoin MEGAUSDTM
Coinbase International MEGA-PERP-INTX
ApeX Omni MEGAUSDT
gTrade (Gains Network) MEGA/USD
Hyperliquid MEGA
Aster MEGAUSDT
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Gate MEGA_USDT
MEXC MEGA_USDT
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
SunX MEGA-USDT
Bulk MEGA-USD
Extended MEGA-USD
Phoenix MEGA
Backpack MEGA_USDC_PERP
GMX MEGA/USD [ETH-USDC]
Pacifica MEGA
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL