Spread before costs (cost unknown: a leg has no order-book sample)−0.983%
7d average—if it closes, per $10,000$98funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_MEGA_USDC | 0.04576 | 0.0100 | pay 0.0050% / 4h | 18m 38s | $3K | $994 | 10x |
| Short | BingX MEGA-USDT | 0.04531 | 0.0100 | get 0.0050% / 4h | 18m 38s | — | $1.7M | — |
Orderly PERP_MEGA_USDC
BingX MEGA-USDTPrice 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
- −$98.34
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$114.34
- Spread needed to break even
- 0.160%
Slippage unknown: Orderly: no order-book sample; BingX: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 5 min ago | 16.29 bp | 33.2 bp −$33 | 95.4 bp −$954 | 540.5 bp −$54.1K | 1160.4 bp −$580.2K |
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.KuCoin0.04524cheapestBybit0.04526+0.044%OKX0.04526+0.044%Gate0.04527+0.066%MEXC0.04527+0.066%Pacifica0.04530+0.122%Binance0.04531+0.146%Bitget0.04531+0.155%
KuCoin
Bybit
OKX
Gate
MEXC
Pacifica
Binance
BitgetBingX0.04531+0.155%
Extended0.04531+0.162%Hyperliquid0.04537+0.281%Lighter0.04553+0.641%Aster0.04554+0.673%ApeX Omni0.04555+0.685%Phoenix0.04559+0.774%Backpack0.04570+1.017%gTrade (Gains Network)0.04571+1.030%GMX0.04571+1.046%Reya0.04574+1.097%Deribit0.04574+1.110%Nado0.04575+1.127%
Extended
Hyperliquid
Lighter
Aster
ApeX Omni
Phoenix
Backpack
gTrade (Gains Network)
GMX
Reya
Deribit
NadoOrderly0.04576+1.149%
SunX0.04578+1.194%BloFin0.04581+1.260%Variational Omni0.04596+1.594%Coinbase International0.04602+1.731%Bulk0.04650+2.785%
SunX
BloFin
Variational Omni
Coinbase International
BulkMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin MEGAUSDTM | −1.136% | +0.0100% | 4h | $214K | $90K | 50x | as long as short |
| Bybit MEGAUSDT | −1.093% | −0.0063% | 4h | $3.3M | $4.2M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | −1.093% | +0.0100% | 4h | $935K | $2.6M | 20x | as long as short |
| Gate MEGA_USDT | −1.071% | +0.0100% | 4h | $205K | $226K | 20x | as long as short |
| MEXC MEGA_USDT | −1.071% | +0.0100% | 4h | $758K | $314K | 50x | as long as short |
| Pacifica MEGA | −1.016% | +0.0100% | 1h | $15K | $10K | 3x | as long as short |
| Binance MEGAUSDT | −0.992% | +0.0100% | 4h | $4.5M | $10.4M | 50x | as long as short |
| Bitget MEGAUSDT | −0.983% | +0.0100% | 4h | $1.1M | $1.2M | 50x | as long as short |
| BingX MEGA-USDTshort | −0.983% | +0.0100% | 4h | — | $1.7M | — | |
| Extended MEGA-USD | −0.976% | +0.0104% | 1h | $136K | $605K | 5x | as long as short |