Funding you earn now, next payment 02:00 UTC+0.0079%/8h= +8.6% APRnext payment +$0.10 per $10,000 · paid last 24h +0.025%
Price spread now: Reya against Nado+0.029%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropNado: Active · Reya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Reya is 0.029% dearer against Nado than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MEGA-PERP | 0.04543 | 0.0080 | pay 0.0010% / 1h | 44m 14s | $196K | $140K | 2x |
| Short | Reya MEGARUSDPERP | 0.04544 | 0.0159 | get 0.0020% / 1h | 44m 14s | $3 | — | 3x |
Nado MEGA-PERP
Reya MEGARUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $16.51
- Price spread: +0.029% → 0.000%
- $2.89
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $6.4
- Costs to cover
- 0.130%
- Break-even
- 4.3 days
Slippage unknown: Nado: live order book, 23 min ago; Reya: no order-book sample. Net counts fees only.
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, 23 min ago | 4.32 bp | 22.5 bp −$23 | 118.0 bp −$1,180 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 on 28 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 | −0.0432% | 1h | 0.04490 | −1.158% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04547 | +0.086% | $12K | — | 150x | as long as short |
| ApeX Omni MEGAUSDT | +0.0053% | 1h | 0.04541 | −0.044% | $24K | $232K | 50x | as long as short |
| Nado MEGA-PERPlong | +0.0080% | 1h | 0.04543 | long leg | $196K | $140K | 2x | |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04549 | +0.132% | $17K | $90K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04549 | +0.136% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04554 | +0.242% | $4.0M | $13.5M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04552 | +0.198% | $3.5M | $5.4M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04550 | +0.154% | $934K | $3.1M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04535 | −0.176% | $134K | $4K | 10x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
ApeX Omni MEGAUSDT
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.0100% | 4h | 0.04551 | +0.176% | $202K | $319K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04553 | +0.220% | $844K | $359K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04553 | +0.220% | $238K | $117K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04553 | +0.220% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04552 | +0.198% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04541 | −0.049% | $320K | $227K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04531 | −0.264% | $28K | $1.7M | 10x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04550 | +0.154% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04545 | +0.044% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04552 | +0.195% | $127K | $824K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0140% | 4h | 0.04533 | −0.220% | $203K | $89K | 50x | as long as short |
| Reya MEGARUSDPERPshort | +0.0159% | 1h | 0.04544 | +0.029% | $3 | — | 3x | |
| Phoenix MEGA | +0.0173% | 1h | 0.04531 | −0.264% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04545 | +0.046% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0364% | 1h | 0.04557 | +0.308% | $18K | $44K | 5x | as long as short |
| Lighter MEGA | +0.1184% | 1h | 0.04575 | +0.704% | $643K | $324K | 3x | as long as short |
| Hyperliquid MEGA | +0.2122% | 1h | 0.04567 | +0.528% | $7.9M | $2.5M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.2497% | 1h | 0.04563 | +0.445% | $110 | $15 | 25x | as long as short |
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
BloFin MEGA-USDT
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Lighter MEGA
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL