Spread before costs (cost unknown: a leg has no order-book sample)+0.016%
7d average—if it closes, per $10,000$2funding while held, a day+$1.80
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_MEGA_USDC | 0.04461 | 0.0099 | pay 0.0049% / 4h | 1h 33m | $3K | $961 | 10x |
| Short | Reya MEGARUSDPERP | 0.04462 | 0.0159 | get 0.0020% / 1h | 33m 16s | $3 | — | 3x |
Orderly PERP_MEGA_USDC
Reya MEGARUSDPERPPrice 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
- $1.56
- Funding while held
- $1.8
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$8.64
- Spread needed to break even
- 0.120%
Slippage unknown: Orderly: no order-book sample; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0060%
- Per $10,000 a day
- +$1.80
- 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 Reya no order-book sample | — | — | — | — | — |
Orderly and Reya: 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.OKX0.04458cheapestBingX0.04459+0.022%ApeX Omni0.04459+0.022%Bulk0.04460+0.044%Bybit0.04460+0.045%Gate0.04460+0.045%SunX0.04460+0.045%Extended0.04461+0.063%Bitget0.04461+0.067%
OKX
BingX
ApeX Omni
Bulk
Bybit
Gate
SunX
Extended
BitgetOrderly0.04461+0.067%
Variational Omni0.04461+0.071%
Variational OmniReya0.04462+0.083%
Binance0.04462+0.090%MEXC0.04462+0.090%Aster0.04462+0.094%Nado0.04462+0.101%gTrade (Gains Network)0.04463+0.109%GMX0.04463+0.110%KuCoin0.04463+0.112%Pacifica0.04464+0.135%Backpack0.04466+0.179%Phoenix0.04466+0.179%BloFin0.04466+0.179%Deribit0.04467+0.197%Hyperliquid0.04471+0.303%Lighter0.04483+0.561%Coinbase International0.04484+0.581%
Binance
MEXC
Aster
Nado
gTrade (Gains Network)
GMX
KuCoin
Pacifica
Backpack
Phoenix
BloFin
Deribit
Hyperliquid
Lighter
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 | $921K | $3.0M | 20x | as long as short |
| BingX MEGA-USDT | −0.045% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| ApeX Omni MEGAUSDT | −0.045% | +0.0100% | 1h | $24K | $226K | 50x | as long as short |
| Bulk MEGA-USD | −0.023% | +0.0100% | 1h | $132K | −$0 | 10x | as long as short |
| Bybit MEGAUSDT | −0.022% | +0.0100% | 4h | $3.2M | $4.6M | 20x | as long as short |
| Gate MEGA_USDT | −0.022% | +0.0100% | 4h | $183K | $266K | 20x | as long as short |
| SunX MEGA-USDT | −0.022% | +0.0100% | 4h | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | −0.004% | +0.0104% | 1h | $134K | $602K | 5x | as long as short |
| Bitget MEGAUSDT | 0.000% | +0.0100% | 4h | $1.1M | $1.4M | 50x | as long as short |
| Orderly PERP_MEGA_USDClong | 0.000% | +0.0099% | 4h | $3K | $961 | 10x |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni MEGA | +0.004% | +0.0100% | 4h | $239K | $105K | — | as long as short |
| Reya MEGARUSDPERPshort | +0.016% | +0.0159% | 1h | $3 | — | 3x | |
| Binance MEGAUSDT | +0.022% | +0.0100% | 4h | $4.0M | $12.7M | 50x | as long as short |
| MEXC MEGA_USDT | +0.022% | +0.0100% | 4h | $789K | $368K | 50x | as long as short |
| Aster MEGAUSDT | +0.027% | +0.0100% | 4h | $27K | $65K | 5x | as long as short |
| Nado MEGA-PERP | +0.034% | −0.0002% | 1h | $193K | $158K | 2x | as long as short |
| gTrade (Gains Network) MEGA/USD | +0.042% | L +0.0001% / S +0.0023% | 1h | $1K | — | 150x | as long as short |
| GMX MEGA/USD [ETH-USDC] | +0.043% | L +0.0236% / S −0.5353% | 1h | $3K | — | 45x | as long as short |
| KuCoin MEGAUSDTM | +0.045% | +0.0100% | 4h | $231K | $117K | 50x | as long as short |
| Pacifica MEGA | +0.067% | +0.0100% | 1h | $14K | $11K | 3x | as long as short |
| Backpack MEGA_USDC_PERP | +0.112% | +0.0100% | 1h | $17K | $38K | 5x | as long as short |
| Phoenix MEGA | +0.112% | +0.0184% | 1h | $20K | $6K | 5x | as long as short |
| BloFin MEGA-USDT | +0.112% | +0.0092% | 4h | $201K | $77K | 50x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.130% | +0.0826% | 1h | $108 | $15 | 25x | as long as short |
| Hyperliquid MEGA | +0.235% | +0.0463% | 1h | $7.5M | $2.5M | 3x | as long as short |
| Lighter MEGA | +0.493% | +0.0096% | 1h | $601K | $289K | 3x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.513% | +0.1368% | 1h | $6K | $5K | 50x | as long as short |