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

MEGA

all MEGA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0051%/8h= +5.6% APRpaid last 24h +0.005%
Price spread now: OKX against Nado−0.056%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1241.243% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.057%+$6 on $10k
Price spread, last 3 days (all we have)−0.243%−$24 · spread now −0.056%, 7d avg −0.038%
Together, before fees−0.185%+ Points / potential airdropNado: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MEGA-PERP0.044730.0049pay 0.0006% / 1h6m 59s$193K$150K2x
ShortOKX MEGA-USDT-SWAP0.044710.0100get 0.0050% / 4h2h 06m$916K$2.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$10.79
Price spread: −0.056% → −0.038%
−$1.77
Slippage, 4 orders
−$107.26
Fee Nado: 3.5 bp × 2 orders
−$7
Fee OKX: 5 bp × 2 orders
−$10
Net
−$115.24
Costs to cover
1.243%
Break-even
81.7 days
Slippage from Nado: live order book, 15 min ago; OKX: live order book, 5 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, 15 min ago2.22 bp18.5 bp −$18103.2 bp −$1,032doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago1.12 bp42.6 bp −$43doesn't fitdoesn'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−0.0288%1h0.04490+0.378%$5K$12K50xas long as short
gTrade (Gains Network) MEGA/USDL −0.0018% / S +0.0023%1h0.04471−0.056%$12K150xas long as short
Phoenix MEGA0.0000%1h0.04477+0.078%$20K$7K5xas long as short
Nado MEGA-PERPlong+0.0049%1h0.04473long leg$193K$150K2x
Orderly PERP_MEGA_USDC+0.0098%4h0.04472−0.034%$3K$2K10xas long as short
Aster MEGAUSDT+0.0100%4h0.04472−0.035%$20K$80K5xas long as short
Pacifica MEGA+0.0100%1h0.04475+0.022%$14K$9K3xas long as short
Binance MEGAUSDT+0.0100%4h0.04472−0.025%$4.0M$12.7M50xas long as short
Bybit MEGAUSDT+0.0100%4h0.04471−0.056%$3.4M$4.9M20xas long as short
OKX MEGA-USDT-SWAPshort+0.0100%4h0.04471−0.056%$916K$2.9M20x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk MEGA-USD+0.0100%1h0.04465−0.186%$132K$5K10xas long as short
Gate MEGA_USDT+0.0100%4h0.04472−0.034%$191K$311K20xas long as short
MEXC MEGA_USDT+0.0100%4h0.04472−0.034%$767K$357K50xas long as short
KuCoin MEGAUSDTM+0.0100%4h0.04475+0.034%$236K$112K50xas long as short
Bitget MEGAUSDT+0.0100%4h0.04472−0.034%$1.1M$1.4M50xas long as short
BingX MEGA-USDT+0.0100%4h0.04471−0.056%$1.7Mas long as short
Variational Omni MEGA+0.0100%4h0.04467−0.137%$238K$109Kas long as short
GRVT MEGA_USDT_Perp+0.0100%4h0.04473−0.015%$21K$1.7M10xas long as short
ApeX Omni MEGAUSDT+0.0100%1h0.04471−0.056%$24K$229K50xas long as short
SunX MEGA-USDT+0.0100%4h0.04473−0.011%$2K$1.9M10xas long as short
Extended MEGA-USD+0.0104%1h0.04472−0.035%$127K$613K5xas long as short
BloFin MEGA-USDT+0.0146%4h0.04471−0.056%$197K$76K50xas long as short
Reya MEGARUSDPERP+0.0159%1h0.04472−0.028%$33xas long as short
GMX MEGA/USD [ETH-USDC]L +0.0236% / S −0.5353%1h0.04470−0.069%$3K45xas long as short
Backpack MEGA_USDC_PERP+0.0259%1h0.04475+0.034%$18K$41K5xas long as short
Deribit MEGA_USDC-PERPETUAL+0.1181%1h0.04478+0.105%$108$1525xas long as short
Hyperliquid MEGA+0.1184%1h0.04485+0.259%$7.6M$2.4M3xas long as short
Lighter MEGA+0.2704%1h0.04493+0.436%$621K$328K3xas long as short