Spread before costs (cost unknown: a leg has no order-book sample)−0.011%
7d average—if it closes, per $10,000$1funding while held, a day−$1.17
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_MEGA_USDC | 0.04468 | 0.0100 | pay 0.0050% / 4h | 3h 22m | $3K | $994 | 10x |
| Short | Nado MEGA-PERP | 0.04467 | 0.0061 | get 0.0008% / 1h | 22m 29s | $193K | $144K | 2x |
Orderly PERP_MEGA_USDC
Nado MEGA-PERPPrice 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
- −$1.12
- Funding while held
- −$1.17
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$15.29
- Spread needed to break even
- 0.130%
Slippage unknown: Orderly: no order-book sample; Nado: live order book, 21 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0039%
- Per $10,000 a day
- −$1.17
- 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 Nado live order book, 21 min ago | 6.59 bp | 30.5 bp −$30 | 128.6 bp −$1,286 | doesn't fit | doesn't fit |
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.OKX0.04465cheapestGate0.04465cheapestExtended0.04466+0.016%KuCoin0.04467+0.045%Bitget0.04467+0.045%
OKX
Gate
Extended
KuCoin
BitgetNado0.04467+0.056%
Bybit0.04468+0.067%MEXC0.04468+0.067%
Bybit
MEXCOrderly0.04468+0.067%
Reya0.04468+0.072%BingX0.04469+0.090%Binance0.04470+0.112%gTrade (Gains Network)0.04470+0.116%GMX0.04470+0.121%Aster0.04471+0.129%Backpack0.04471+0.134%Pacifica0.04474+0.193%Deribit0.04478+0.298%SunX0.04479+0.314%Hyperliquid0.04481+0.361%Variational Omni0.04488+0.505%ApeX Omni0.04488+0.515%BloFin0.04488+0.515%Phoenix0.04489+0.538%Lighter0.04493+0.627%Bulk0.04500+0.787%Coinbase International0.04524+1.315%
Reya
BingX
Binance
gTrade (Gains Network)
GMX
Aster
Backpack
Pacifica
Deribit
SunX
Hyperliquid
Variational Omni
ApeX Omni
BloFin
Phoenix
Lighter
Bulk
Coinbase InternationalMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX MEGA-USDT-SWAP | −0.067% | +0.0100% | 4h | $910K | $2.8M | 20x | as long as short |
| Gate MEGA_USDT | −0.067% | +0.0072% | 4h | $197K | $236K | 20x | as long as short |
| Extended MEGA-USD | −0.051% | +0.0104% | 1h | $135K | $605K | 5x | as long as short |
| KuCoin MEGAUSDTM | −0.022% | +0.0100% | 4h | $237K | $107K | 50x | as long as short |
| Bitget MEGAUSDT | −0.022% | +0.0100% | 4h | $1.0M | $1.3M | 50x | as long as short |
| Nado MEGA-PERPshort | −0.011% | +0.0061% | 1h | $193K | $144K | 2x | |
| Bybit MEGAUSDT | 0.000% | +0.0100% | 4h | $3.2M | $4.4M | 20x | as long as short |
| MEXC MEGA_USDT | 0.000% | +0.0100% | 4h | $792K | $347K | 50x | as long as short |
| Orderly PERP_MEGA_USDClong | 0.000% | +0.0100% | 4h | $3K | $994 | 10x | |
| Reya MEGARUSDPERP | +0.004% | +0.0159% | 1h | $3 | — | 3x | as long as short |