Spread before costs (cost unknown: a leg has no order-book sample)+0.501%
7d average—if it closes, per $10,000$50funding while held, a day+$48.52
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya MEGARUSDPERP | 0.04524 | 0.0159 | pay 0.0020% / 1h | 5m 26s | $3 | — | 3x |
| Short | Lighter MEGA | 0.04547 | 0.1776 | get 0.0222% / 1h | 5m 26s | $595K | $212K | 3x |
Reya MEGARUSDPERP
Lighter MEGAPrice 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
- $50.07
- Funding while held
- $48.52
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $92.59
- Spread needed to break even
- 0.060%
Slippage unknown: Reya: no order-book sample; Lighter: live order book, 41 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1617%
- Per $10,000 a day
- +$48.52
- 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 Reya no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 41 min ago | 35.82 bp | 107.3 bp −$107 | doesn't fit | doesn't fit | doesn't fit |
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.BloFin0.04516cheapestBybit0.04521+0.111%Bulk0.04521+0.119%Aster0.04523+0.154%BingX0.04523+0.155%Bitget0.04524+0.177%Pacifica0.04524+0.182%
BloFin
Bybit
Bulk
Aster
BingX
Bitget
PacificaReya0.04524+0.185%
GMX0.04525+0.193%Gate0.04525+0.199%MEXC0.04525+0.199%ApeX Omni0.04525+0.199%Binance0.04525+0.204%Extended0.04525+0.206%gTrade (Gains Network)0.04526+0.218%Phoenix0.04526+0.221%Orderly0.04526+0.221%OKX0.04527+0.244%KuCoin0.04527+0.244%Variational Omni0.04527+0.250%Backpack0.04528+0.266%SunX0.04528+0.266%Nado0.04530+0.321%Deribit0.04532+0.357%Hyperliquid0.04539+0.512%
GMX
Gate
MEXC
ApeX Omni
Binance
Extended
gTrade (Gains Network)
Phoenix
Orderly
OKX
KuCoin
Variational Omni
Backpack
SunX
Nado
Deribit
HyperliquidLighter0.04547+0.686%
Coinbase International0.04549+0.735%
Coinbase InternationalMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin MEGA-USDT | −0.184% | +0.0126% | 4h | $222K | $75K | 50x | as long as short |
| Bybit MEGAUSDT | −0.074% | −0.0058% | 4h | $3.3M | $4.2M | 20x | as long as short |
| Bulk MEGA-USD | −0.065% | +0.0100% | 1h | $134K | $569 | 10x | as long as short |
| Aster MEGAUSDT | −0.031% | +0.0100% | 4h | $35K | $53K | 5x | as long as short |
| BingX MEGA-USDT | −0.030% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Bitget MEGAUSDT | −0.008% | +0.0100% | 4h | $1.1M | $1.2M | 50x | as long as short |
| Pacifica MEGA | −0.003% | +0.0100% | 1h | $15K | $10K | 3x | as long as short |
| Reya MEGARUSDPERPlong | 0.000% | +0.0159% | 1h | $3 | — | 3x | |
| GMX MEGA/USD [ETH-USDC] | +0.008% | L +0.0236% / S −0.5353% | 1h | $3K | — | 45x | as long as short |
| Gate MEGA_USDT | +0.014% | +0.0100% | 4h | $207K | $229K | 20x | as long as short |