Spread before costs (cost unknown: a leg has no order-book sample)+0.136%
7d average—if it closes, per $10,000$14funding while held, a day−$0.02
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MEGA-USDT-SWAP | 0.04412 | 0.0100 | pay 0.0050% / 4h | 2h 34m | $907K | $2.9M | 20x |
| Short | Orderly PERP_MEGA_USDC | 0.04418 | 0.0099 | get 0.0050% / 4h | 2h 34m | $3K | $994 | 10x |
OKX MEGA-USDT-SWAP
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
- $13.6
- Funding while held
- −$0.02
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$2.42
- Spread needed to break even
- 0.160%
Slippage unknown: OKX: live order book, 4 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0001%
- Per $10,000 a day
- −$0.02
- 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, 4 min ago | 2.26 bp | 40.4 bp −$40 | 194.0 bp −$1,940 | 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.ApeX Omni0.04399cheapestGate0.04411+0.273%
ApeX Omni
GateOKX0.04412+0.296%
Bybit0.04413+0.318%MEXC0.04413+0.318%BingX0.04413+0.318%Extended0.04414+0.340%Bitget0.04414+0.341%Binance0.04415+0.361%KuCoin0.04418+0.432%
Bybit
MEXC
BingX
Extended
Bitget
Binance
KuCoinOrderly0.04418+0.432%
GMX0.04419+0.443%gTrade (Gains Network)0.04419+0.454%Backpack0.04419+0.455%Aster0.04419+0.461%Reya0.04420+0.472%Bulk0.04420+0.477%Phoenix0.04422+0.523%Nado0.04422+0.534%SunX0.04423+0.546%BloFin0.04424+0.568%Pacifica0.04425+0.584%Deribit0.04426+0.609%Hyperliquid0.04429+0.684%Variational Omni0.04432+0.758%Lighter0.04438+0.887%Coinbase International0.04463+1.459%
GMX
gTrade (Gains Network)
Backpack
Aster
Reya
Bulk
Phoenix
Nado
SunX
BloFin
Pacifica
Deribit
Hyperliquid
Variational Omni
Lighter
Coinbase InternationalMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni MEGAUSDT | −0.295% | +0.0100% | 1h | $25K | $223K | 50x | as long as short |
| Gate MEGA_USDT | −0.023% | +0.0100% | 4h | $197K | $252K | 20x | as long as short |
| OKX MEGA-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $907K | $2.9M | 20x | |
| Bybit MEGAUSDT | +0.023% | +0.0100% | 4h | $3.2M | $4.6M | 20x | as long as short |
| MEXC MEGA_USDT | +0.023% | +0.0100% | 4h | $762K | $356K | 50x | as long as short |
| BingX MEGA-USDT | +0.023% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Extended MEGA-USD | +0.045% | +0.0104% | 1h | $133K | $602K | 5x | as long as short |
| Bitget MEGAUSDT | +0.045% | +0.0100% | 4h | $1.0M | $1.4M | 50x | as long as short |
| Binance MEGAUSDT | +0.066% | +0.0100% | 4h | $4.1M | $12.4M | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.136% | +0.0100% | 4h | $230K | $114K | 50x | as long as short |