Spread before costs (cost unknown: a leg has no order-book sample)+0.219%
7d average—if it closes, per $10,000$22funding while held, a day+$47.76
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_MEGA_USDC | 0.04479 | 0.0100 | pay 0.0050% / 4h | 3h 28m | $3K | $994 | 10x |
| Short | Deribit MEGA_USDC-PERPETUAL | 0.04489 | 0.1692 | get 0.0211% / 1h | 28m 53s | $109 | $15 | 25x |
Orderly PERP_MEGA_USDC
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
- $21.88
- Funding while held
- $47.76
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $56.64
- Spread needed to break even
- 0.130%
Slippage unknown: Orderly: no order-book sample; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1592%
- Per $10,000 a day
- +$47.76
- 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 Deribit no order-book sample | — | — | — | — | — |
Orderly and 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.Orderly0.04479cheapest
Reya0.04480+0.025%gTrade (Gains Network)0.04480+0.032%GMX0.04481+0.036%SunX0.04488+0.201%
Reya
gTrade (Gains Network)
GMX
SunXDeribit0.04489+0.219%
Pacifica0.04491+0.266%Nado0.04491+0.268%Coinbase International0.04494+0.335%BloFin0.04494+0.335%Gate0.04497+0.402%ApeX Omni0.04497+0.402%BingX0.04499+0.447%Variational Omni0.04501+0.486%Backpack0.04502+0.514%Aster0.04502+0.519%Phoenix0.04503+0.536%Bulk0.04505+0.580%Bybit0.04506+0.603%Binance0.04506+0.610%MEXC0.04507+0.625%Extended0.04508+0.638%OKX0.04508+0.647%KuCoin0.04508+0.647%Bitget0.04511+0.714%Hyperliquid0.04515+0.810%Lighter0.04522+0.960%
Pacifica
Nado
Coinbase International
BloFin
Gate
ApeX Omni
BingX
Variational Omni
Backpack
Aster
Phoenix
Bulk
Bybit
Binance
MEXC
Extended
OKX
KuCoin
Bitget
Hyperliquid
LighterMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_MEGA_USDClong | 0.000% | +0.0100% | 4h | $3K | $994 | 10x | |
| Reya MEGARUSDPERP | +0.025% | +0.0159% | 1h | $3 | — | 3x | as long as short |
| gTrade (Gains Network) MEGA/USD | +0.032% | L −0.0022% / S +0.0023% | 1h | $15K | — | 150x | as long as short |
| GMX MEGA/USD [ETH-USDC] | +0.036% | L +0.0236% / S −0.5353% | 1h | $3K | — | 45x | as long as short |
| SunX MEGA-USDT | +0.201% | +0.0100% | 4h | $2K | $1.8M | 10x | as long as short |
| Deribit MEGA_USDC-PERPETUALshort | +0.219% | +0.1692% | 1h | $109 | $15 | 25x | |
| Pacifica MEGA | +0.266% | +0.0100% | 1h | $15K | $10K | 3x | as long as short |
| Nado MEGA-PERP | +0.268% | +0.0056% | 1h | $194K | $141K | 2x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.335% | +0.1224% | 1h | $7K | $6K | 50x | as long as short |
| BloFin MEGA-USDT | +0.335% | +0.0056% | 4h | $208K | $75K | 50x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.402% | +0.0072% | 4h | $199K | $235K | 20x | as long as short |
| ApeX Omni MEGAUSDT | +0.402% | +0.0100% | 1h | $25K | $223K | 50x | as long as short |
| BingX MEGA-USDT | +0.447% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.486% | +0.0100% | 4h | $239K | $101K | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.514% | +0.0100% | 1h | $19K | $38K | 5x | as long as short |
| Aster MEGAUSDT | +0.519% | +0.0100% | 4h | $33K | $57K | 5x | as long as short |
| Phoenix MEGA | +0.536% | +0.0177% | 1h | $20K | $6K | 5x | as long as short |
| Bulk MEGA-USD | +0.580% | +0.0100% | 1h | $133K | $569 | 10x | as long as short |
| Bybit MEGAUSDT | +0.603% | +0.0100% | 4h | $3.3M | $4.4M | 20x | as long as short |
| Binance MEGAUSDT | +0.610% | +0.0100% | 4h | $4.2M | $11.5M | 50x | as long as short |
| MEXC MEGA_USDT | +0.625% | +0.0100% | 4h | $733K | $336K | 50x | as long as short |
| Extended MEGA-USD | +0.638% | +0.0104% | 1h | $136K | $605K | 5x | as long as short |
| OKX MEGA-USDT-SWAP | +0.647% | +0.0100% | 4h | $914K | $2.8M | 20x | as long as short |
| KuCoin MEGAUSDTM | +0.647% | +0.0100% | 4h | $237K | $107K | 50x | as long as short |
| Bitget MEGAUSDT | +0.714% | +0.0100% | 4h | $1.1M | $1.3M | 50x | as long as short |
| Hyperliquid MEGA | +0.810% | +0.1013% | 1h | $7.6M | $2.4M | 3x | as long as short |
| Lighter MEGA | +0.960% | +0.1024% | 1h | $599K | $224K | 3x | as long as short |