Funding you earn now, next payment 09:00 UTC−0.0102%/8h= −11.1% APRnext payment −$0.13 per $10,000 · paid last 24h −0.028%
Price spread now: Nado against Reya+0.016%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropReya: Active · Nado: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya MEGARUSDPERP | 0.04561 | 0.0159 | pay 0.0020% / 1h | 31m 35s | $3 | — | 3x |
| Short | Nado MEGA-PERP | 0.04562 | 0.0057 | get 0.0007% / 1h | 31m 35s | $196K | $140K | 2x |
Reya MEGARUSDPERP
Nado MEGA-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Reya. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21.37
- Price spread: +0.016% → 0.000%
- $1.56
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$32.81
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Nado: live order book, 1 min ago. Net counts fees only.
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 Nado live order book, 1 min ago | 4.38 bp | 21.6 bp −$22 | 118.3 bp −$1,183 | 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 on 28 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MEGAUSDT | −0.0199% | 4h | 0.04560 | −0.017% | $3.5M | $5.8M | 20x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04581 | +0.443% | $21K | $7K | 5x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04567 | +0.133% | $1K | — | 150x | as long as short |
| Nado MEGA-PERPshort | +0.0057% | 1h | 0.04562 | +0.016% | $196K | $140K | 2x | |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04562 | +0.027% | $20K | $96K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04564 | +0.081% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04560 | −0.017% | $4.0M | $13.7M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04560 | −0.017% | $918K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04590 | +0.634% | $136K | −$0 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04565 | +0.092% | $205K | $332K | 20x | as long as short |
Bybit MEGAUSDT
Phoenix MEGA
gTrade (Gains Network) MEGA/USD
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04561 | +0.005% | $755K | $403K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04566 | +0.114% | $243K | $124K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04565 | +0.092% | $1.0M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04561 | +0.005% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04581 | +0.438% | $323K | $224K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04586 | +0.552% | $25K | $2.0M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04576 | +0.334% | $24K | $226K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04565 | +0.092% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04562 | +0.027% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04560 | −0.021% | $128K | $800K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0149% | 4h | 0.04574 | +0.290% | $202K | $95K | 50x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0150% | 1h | 0.04569 | +0.180% | $17K | $55K | 5x | as long as short |
| Reya MEGARUSDPERPlong | +0.0159% | 1h | 0.04561 | long leg | $3 | — | 3x | |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04567 | +0.145% | $3K | — | 45x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0297% | 1h | 0.04571 | +0.213% | $111 | $15 | 25x | as long as short |
| Hyperliquid MEGA | +0.0371% | 1h | 0.04568 | +0.152% | $7.9M | $2.6M | 3x | as long as short |
| Lighter MEGA | +0.1080% | 1h | 0.04584 | +0.509% | $612K | $382K | 3x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.1296% | 1h | 0.04589 | +0.630% | $5K | $12K | 50x | as long as short |
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
BloFin MEGA-USDT
Backpack MEGA_USDC_PERP
GMX MEGA/USD [ETH-USDC]
Deribit MEGA_USDC-PERPETUAL
Hyperliquid MEGA
Lighter MEGA
Coinbase International MEGA-PERP-INTX