Spread before costs (cost unknown: a leg has no order-book sample)−0.079%
7d average—if it closes, per $10,000$8funding while held, a day+$3.07
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MEGA-PERP | 0.04437 | −0.0004 | get 0.0001% / 1h | 55m 49s | $192K | $161K | 2x |
| Short | Orderly PERP_MEGA_USDC | 0.04433 | 0.0098 | get 0.0049% / 4h | 55m 49s | $3K | $961 | 10x |
Nado MEGA-PERP
Orderly PERP_MEGA_USDCPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$7.89
- Funding while held
- $3.07
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$17.81
- Spread needed to break even
- 0.130%
Slippage unknown: Nado: live order book, 38 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0102%
- Per $10,000 a day
- +$3.07
- Average in range /8h
- —
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, 38 min ago | 2.24 bp | 20.2 bp −$20 | 101.3 bp −$1,013 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 price on every exchange
against the cheapest. Click to use as the short leg.Binance0.04425cheapestBybit0.04425cheapestMEXC0.04425cheapestBingX0.04425cheapestExtended0.04426+0.019%OKX0.04427+0.045%Gate0.04427+0.045%Bitget0.04428+0.068%KuCoin0.04429+0.090%Aster0.04430+0.116%SunX0.04431+0.136%
Binance
Bybit
MEXC
BingX
Extended
OKX
Gate
Bitget
KuCoin
Aster
SunXOrderly0.04433+0.181%
Backpack0.04434+0.203%Reya0.04435+0.228%gTrade (Gains Network)0.04436+0.249%BloFin0.04436+0.249%
Backpack
Reya
gTrade (Gains Network)
BloFinNado0.04437+0.260%
GMX0.04437+0.264%Deribit0.04437+0.271%Hyperliquid0.04438+0.298%ApeX Omni0.04439+0.316%Phoenix0.04439+0.316%Pacifica0.04440+0.332%Lighter0.04445+0.452%Bulk0.04445+0.452%Variational Omni0.04454+0.647%Coinbase International0.04478+1.191%
GMX
Deribit
Hyperliquid
ApeX Omni
Phoenix
Pacifica
Lighter
Bulk
Variational Omni
Coinbase InternationalMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance MEGAUSDT | −0.259% | +0.0100% | 4h | $4.0M | $12.9M | 50x | as long as short |
| Bybit MEGAUSDT | −0.259% | +0.0100% | 4h | $3.2M | $4.6M | 20x | as long as short |
| MEXC MEGA_USDT | −0.259% | +0.0100% | 4h | $787K | $356K | 50x | as long as short |
| BingX MEGA-USDT | −0.259% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Extended MEGA-USD | −0.240% | +0.0104% | 1h | $126K | $613K | 5x | as long as short |
| OKX MEGA-USDT-SWAP | −0.214% | +0.0100% | 4h | $916K | $3.0M | 20x | as long as short |
| Gate MEGA_USDT | −0.214% | +0.0100% | 4h | $180K | $268K | 20x | as long as short |
| Bitget MEGAUSDT | −0.192% | +0.0100% | 4h | $1.1M | $1.4M | 50x | as long as short |
| KuCoin MEGAUSDTM | −0.169% | +0.0100% | 4h | $229K | $114K | 50x | as long as short |
| Aster MEGAUSDT | −0.144% | +0.0100% | 4h | $27K | $71K | 5x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX MEGA-USDT | −0.124% | +0.0100% | 4h | $2K | $1.9M | 10x | as long as short |
| Orderly PERP_MEGA_USDCshort | −0.079% | +0.0098% | 4h | $3K | $961 | 10x | |
| Backpack MEGA_USDC_PERP | −0.056% | +0.0100% | 1h | $14K | $41K | 5x | as long as short |
| Reya MEGARUSDPERP | −0.031% | +0.0159% | 1h | $3 | — | 3x | as long as short |
| gTrade (Gains Network) MEGA/USD | −0.011% | L −0.0035% / S +0.0023% | 1h | $17K | — | 150x | as long as short |
| BloFin MEGA-USDT | −0.011% | +0.0130% | 4h | $202K | $76K | 50x | as long as short |
| Nado MEGA-PERPlong | 0.000% | −0.0004% | 1h | $192K | $161K | 2x | |
| GMX MEGA/USD [ETH-USDC] | +0.005% | L +0.0236% / S −0.5353% | 1h | $3K | — | 45x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.011% | +0.0675% | 1h | $107 | $15 | 25x | as long as short |
| Hyperliquid MEGA | +0.038% | +0.0950% | 1h | $7.5M | $2.5M | 3x | as long as short |
| ApeX Omni MEGAUSDT | +0.056% | +0.0100% | 1h | $24K | $228K | 50x | as long as short |
| Phoenix MEGA | +0.056% | 0.0000% | 1h | $20K | $7K | 5x | as long as short |
| Pacifica MEGA | +0.072% | +0.0100% | 1h | $14K | $11K | 3x | as long as short |
| Lighter MEGA | +0.192% | +0.0096% | 1h | $596K | $292K | 3x | as long as short |
| Bulk MEGA-USD | +0.192% | +0.0100% | 1h | $132K | −$0 | 10x | as long as short |
| Variational Omni MEGA | +0.386% | +0.0100% | 4h | $239K | $105K | — | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.929% | +0.1424% | 1h | $8K | $9K | 50x | as long as short |