Spread before costs (cost unknown: a leg has no order-book sample)+0.132%
7d average—if it closes, per $10,000$13funding while held, a day+$21.11
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MEGA-USDT-SWAP | 0.04460 | 0.0100 | pay 0.0050% / 4h | 1h 16m | $918K | $3.0M | 20x |
| Short | Deribit MEGA_USDC-PERPETUAL | 0.04466 | 0.0804 | get 0.0100% / 1h | 16m 34s | $108 | $15 | 25x |
OKX MEGA-USDT-SWAP
Deribit MEGA_USDC-PERPETUALPrice 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
- $13.23
- Funding while held
- $21.11
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $17.33
- Spread needed to break even
- 0.170%
Slippage unknown: OKX: live order book, 2 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0704%
- Per $10,000 a day
- +$21.11
- 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 OKX live order book, 2 min ago | 2.24 bp | 44.2 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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.Variational Omni0.04448cheapestApeX Omni0.04451+0.064%Bulk0.04455+0.154%Phoenix0.04457+0.199%Bybit0.04460+0.266%
Variational Omni
ApeX Omni
Bulk
Phoenix
BybitOKX0.04460+0.266%
Gate0.04460+0.266%SunX0.04460+0.266%BloFin0.04460+0.266%Nado0.04461+0.289%BingX0.04461+0.289%Orderly0.04461+0.289%Reya0.04462+0.304%Backpack0.04462+0.311%Binance0.04463+0.334%MEXC0.04463+0.334%KuCoin0.04463+0.334%Bitget0.04463+0.334%Aster0.04463+0.340%Extended0.04463+0.341%Pacifica0.04464+0.349%gTrade (Gains Network)0.04464+0.353%GMX0.04464+0.358%
Gate
SunX
BloFin
Nado
BingX
Orderly
Reya
Backpack
Binance
MEXC
KuCoin
Bitget
Aster
Extended
Pacifica
gTrade (Gains Network)
GMXDeribit0.04466+0.399%
Hyperliquid0.04473+0.563%Coinbase International0.04484+0.804%Lighter0.04486+0.851%
Hyperliquid
Coinbase International
LighterMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni MEGA | −0.266% | +0.0100% | 4h | $239K | $105K | — | as long as short |
| ApeX Omni MEGAUSDT | −0.202% | +0.0100% | 1h | $24K | $227K | 50x | as long as short |
| Bulk MEGA-USD | −0.112% | +0.0100% | 1h | $132K | −$0 | 10x | as long as short |
| Phoenix MEGA | −0.067% | +0.0184% | 1h | $20K | $6K | 5x | as long as short |
| Bybit MEGAUSDT | 0.000% | +0.0100% | 4h | $3.2M | $4.6M | 20x | as long as short |
| OKX MEGA-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $918K | $3.0M | 20x | |
| Gate MEGA_USDT | 0.000% | +0.0100% | 4h | $182K | $267K | 20x | as long as short |
| SunX MEGA-USDT | 0.000% | +0.0100% | 4h | $2K | $1.9M | 10x | as long as short |
| BloFin MEGA-USDT | 0.000% | +0.0103% | 4h | $202K | $76K | 50x | as long as short |
| Nado MEGA-PERP | +0.022% | +0.0005% | 1h | $192K | $158K | 2x | as long as short |