Spread before costs (cost unknown: a leg has no order-book sample)−0.419%
7d average—if it closes, per $10,000$42funding while held, a day−$5.99
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix MEGA | 0.04489 | 0.0177 | pay 0.0022% / 1h | 21m 47s | $20K | $6K | 5x |
| Short | gTrade (Gains Network) MEGA/USD | 0.04470 | L −0.0022% / S +0.0023% | pay 0.0003% / 1h | 21m 47s | $15K | — | 150x |
Phoenix MEGA
gTrade (Gains Network) MEGA/USDPrice 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
- −$41.95
- Funding while held
- −$5.99
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Net
- −$66.94
- Spread needed to break even
- 0.190%
Slippage unknown: Phoenix: no order-book sample; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0200%
- Per $10,000 a day
- −$5.99
- 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Phoenix and gTrade (Gains Network): 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.Gate0.04465cheapestOKX0.04466+0.022%Aster0.04467+0.035%Bybit0.04467+0.045%MEXC0.04467+0.045%KuCoin0.04467+0.045%BingX0.04467+0.045%Binance0.04467+0.045%Nado0.04467+0.056%Extended0.04468+0.058%Bitget0.04468+0.067%Orderly0.04468+0.067%Reya0.04468+0.072%SunX0.04469+0.090%Backpack0.04470+0.112%GMX0.04470+0.114%
Gate
OKX
Aster
Bybit
MEXC
KuCoin
BingX
Binance
Nado
Extended
Bitget
Orderly
Reya
SunX
Backpack
GMXgTrade (Gains Network)0.04470+0.116%
Pacifica0.04474+0.193%Deribit0.04477+0.267%Hyperliquid0.04481+0.363%Lighter0.04487+0.493%Variational Omni0.04488+0.505%ApeX Omni0.04488+0.515%BloFin0.04488+0.515%
Pacifica
Deribit
Hyperliquid
Lighter
Variational Omni
ApeX Omni
BloFinPhoenix0.04489+0.538%
Bulk0.04500+0.787%Coinbase International0.04524+1.315%
Bulk
Coinbase InternationalMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | −0.535% | +0.0072% | 4h | $197K | $236K | 20x | as long as short |
| OKX MEGA-USDT-SWAP | −0.512% | +0.0100% | 4h | $909K | $2.8M | 20x | as long as short |
| Aster MEGAUSDT | −0.499% | +0.0100% | 4h | $33K | $57K | 5x | as long as short |
| Bybit MEGAUSDT | −0.490% | +0.0100% | 4h | $3.2M | $4.4M | 20x | as long as short |
| MEXC MEGA_USDT | −0.490% | +0.0100% | 4h | $792K | $347K | 50x | as long as short |
| KuCoin MEGAUSDTM | −0.490% | +0.0100% | 4h | $237K | $107K | 50x | as long as short |
| BingX MEGA-USDT | −0.490% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Binance MEGAUSDT | −0.489% | +0.0100% | 4h | $4.2M | $11.5M | 50x | as long as short |
| Nado MEGA-PERP | −0.479% | +0.0061% | 1h | $193K | $144K | 2x | as long as short |
| Extended MEGA-USD | −0.477% | +0.0104% | 1h | $135K | $605K | 5x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget MEGAUSDT | −0.468% | +0.0100% | 4h | $1.0M | $1.3M | 50x | as long as short |
| Orderly PERP_MEGA_USDC | −0.468% | +0.0100% | 4h | $3K | $994 | 10x | as long as short |
| Reya MEGARUSDPERP | −0.463% | +0.0159% | 1h | $3 | — | 3x | as long as short |
| SunX MEGA-USDT | −0.446% | +0.0100% | 4h | $2K | $1.8M | 10x | as long as short |
| Backpack MEGA_USDC_PERP | −0.423% | +0.0100% | 1h | $19K | $38K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | −0.421% | L +0.0236% / S −0.5353% | 1h | $3K | — | 45x | as long as short |
| gTrade (Gains Network) MEGA/USDshort | −0.419% | L −0.0022% / S +0.0023% | 1h | $15K | — | 150x | |
| Pacifica MEGA | −0.343% | +0.0100% | 1h | $15K | $10K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | −0.270% | +0.2056% | 1h | $108 | $15 | 25x | as long as short |
| Hyperliquid MEGA | −0.174% | +0.1169% | 1h | $7.5M | $2.4M | 3x | as long as short |
| Lighter MEGA | −0.045% | +0.1272% | 1h | $597K | $227K | 3x | as long as short |
| Variational Omni MEGA | −0.032% | +0.0100% | 4h | $239K | $101K | — | as long as short |
| ApeX Omni MEGAUSDT | −0.022% | +0.0100% | 1h | $25K | $223K | 50x | as long as short |
| BloFin MEGA-USDT | −0.022% | +0.0065% | 4h | $209K | $75K | 50x | as long as short |
| Phoenix MEGAlong | 0.000% | +0.0177% | 1h | $20K | $6K | 5x | |
| Bulk MEGA-USD | +0.248% | +0.0100% | 1h | $133K | $569 | 10x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.773% | +0.1224% | 1h | $7K | $6K | 50x | as long as short |