Spread before costs (cost unknown: a leg has no order-book sample)−0.345%
7d average—if it closes, per $10,000$35funding while held, a day−$6.74
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix MEGA | 0.04633 | 0.0360 | pay 0.0045% / 1h | 5m 04s | $21K | $5K | 5x |
| Short | BloFin MEGA-USDT | 0.04617 | 0.0135 | get 0.0068% / 4h | 1h 05m | $214K | $60K | 50x |
Phoenix MEGA
BloFin 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
- −$34.53
- Funding while held
- −$6.74
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$60.28
- Spread needed to break even
- 0.190%
Slippage unknown: Phoenix: no order-book sample; BloFin: live order book, 42 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0225%
- Per $10,000 a day
- −$6.74
- 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 42 min ago | 2.27 bp | 21.9 bp −$22 | 71.5 bp −$715 | doesn't fit | doesn't fit |
Phoenix: 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.Bybit0.04587cheapestExtended0.04590+0.059%OKX0.04590+0.065%Bitget0.04592+0.109%BingX0.04592+0.109%MEXC0.04593+0.131%Binance0.04593+0.141%KuCoin0.04594+0.153%Backpack0.04595+0.174%SunX0.04598+0.240%Gate0.04599+0.262%Hyperliquid0.04604+0.379%gTrade (Gains Network)0.04606+0.408%Aster0.04606+0.411%Deribit0.04606+0.421%GMX0.04606+0.423%Orderly0.04607+0.436%Pacifica0.04611+0.514%Reya0.04614+0.591%
Bybit
Extended
OKX
Bitget
BingX
MEXC
Binance
KuCoin
Backpack
SunX
Gate
Hyperliquid
gTrade (Gains Network)
Aster
Deribit
GMX
Orderly
Pacifica
ReyaBloFin0.04617+0.654%
Nado0.04618+0.665%Lighter0.04620+0.719%Bulk0.04630+0.937%
Nado
Lighter
BulkPhoenix0.04633+1.003%
ApeX Omni0.04634+1.025%Variational Omni0.04641+1.180%Coinbase International0.04656+1.504%
ApeX Omni
Variational Omni
Coinbase InternationalMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit MEGAUSDT | −0.993% | −0.0244% | 4h | $3.2M | $3.1M | 20x | as long as short |
| Extended MEGA-USD | −0.935% | +0.0104% | 1h | $136K | $600K | 5x | as long as short |
| OKX MEGA-USDT-SWAP | −0.928% | +0.0100% | 4h | $906K | $1.8M | 20x | as long as short |
| Bitget MEGAUSDT | −0.885% | +0.0100% | 4h | $1.1M | $873K | 50x | as long as short |
| BingX MEGA-USDT | −0.885% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| MEXC MEGA_USDT | −0.863% | +0.0100% | 4h | $663K | $272K | 50x | as long as short |
| Binance MEGAUSDT | −0.853% | +0.0100% | 4h | $4.3M | $7.6M | 50x | as long as short |
| KuCoin MEGAUSDTM | −0.842% | +0.0100% | 4h | $218K | $68K | 50x | as long as short |
| Backpack MEGA_USDC_PERP | −0.820% | +0.0427% | 1h | $16K | $29K | 5x | as long as short |
| SunX MEGA-USDT | −0.755% | +0.0100% | 4h | $1K | $1.3M | 10x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | −0.734% | +0.0100% | 4h | $203K | $162K | 20x | as long as short |
| Hyperliquid MEGA | −0.617% | +0.0385% | 1h | $6.8M | $1.4M | 3x | as long as short |
| gTrade (Gains Network) MEGA/USD | −0.589% | L −0.0022% / S +0.0023% | 1h | $15K | — | 150x | as long as short |
| Aster MEGAUSDT | −0.586% | +0.0100% | 4h | $36K | $45K | 5x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | −0.576% | +0.1773% | 1h | $111 | $15 | 25x | as long as short |
| GMX MEGA/USD [ETH-USDC] | −0.574% | L +0.0239% / S −0.5353% | 1h | $3K | — | 45x | as long as short |
| Orderly PERP_MEGA_USDC | −0.561% | +0.0100% | 4h | $3K | $53 | 10x | as long as short |
| Pacifica MEGA | −0.483% | +0.0100% | 1h | $15K | $6K | 3x | as long as short |
| Reya MEGARUSDPERP | −0.408% | +0.0159% | 1h | $3 | — | 3x | as long as short |
| BloFin MEGA-USDTshort | −0.345% | +0.0135% | 4h | $214K | $60K | 50x | |
| Nado MEGA-PERP | −0.335% | +0.0098% | 1h | $183K | $75K | 2x | as long as short |
| Lighter MEGA | −0.281% | +0.2360% | 1h | $592K | $163K | 3x | as long as short |
| Bulk MEGA-USD | −0.065% | +0.0100% | 1h | $137K | $569 | 10x | as long as short |
| Phoenix MEGAlong | 0.000% | +0.0360% | 1h | $21K | $5K | 5x | |
| ApeX Omni MEGAUSDT | +0.022% | +0.0100% | 1h | $28K | $214K | 50x | as long as short |
| Variational Omni MEGA | +0.176% | +0.0100% | 4h | $185K | $17K | — | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.496% | +0.1224% | 1h | $8K | $5K | 50x | as long as short |