Spread before costs (cost unknown: a leg has no order-book sample)−0.145%
7d average—if it closes, per $10,000$14funding while held, a day−$1.76
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya MEGARUSDPERP | 0.04567 | 0.0159 | pay 0.0020% / 1h | 20m 31s | $3 | — | 3x |
| Short | Orderly PERP_MEGA_USDC | 0.04560 | 0.0100 | get 0.0050% / 4h | 20m 31s | $3K | $994 | 10x |
Reya MEGARUSDPERP
Orderly PERP_MEGA_USDCPrice 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
- −$14.49
- Funding while held
- −$1.76
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$28.25
- Spread needed to break even
- 0.120%
Slippage unknown: Reya: no order-book sample; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0059%
- Per $10,000 a day
- −$1.76
- 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 Orderly no order-book sample | — | — | — | — | — |
Reya and Orderly: 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.Gate0.04550cheapestKuCoin0.04554+0.088%Pacifica0.04555+0.110%Aster0.04555+0.114%BingX0.04556+0.132%Backpack0.04556+0.132%Extended0.04557+0.162%GMX0.04558+0.171%BloFin0.04558+0.176%Binance0.04559+0.190%
Gate
KuCoin
Pacifica
Aster
BingX
Backpack
Extended
GMX
BloFin
BinanceOrderly0.04560+0.220%
gTrade (Gains Network)0.04560+0.229%SunX0.04561+0.242%Bybit0.04564+0.308%OKX0.04564+0.308%Nado0.04564+0.319%Deribit0.04565+0.327%
gTrade (Gains Network)
SunX
Bybit
OKX
Nado
DeribitReya0.04567+0.365%
Bitget0.04568+0.396%MEXC0.04569+0.418%Coinbase International0.04572+0.475%Lighter0.04575+0.549%Hyperliquid0.04576+0.567%Variational Omni0.04596+1.013%Phoenix0.04597+1.033%ApeX Omni0.04603+1.165%Bulk0.04650+2.198%
Bitget
MEXC
Coinbase International
Lighter
Hyperliquid
Variational Omni
Phoenix
ApeX Omni
BulkMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | −0.364% | +0.0100% | 4h | $208K | $225K | 20x | as long as short |
| KuCoin MEGAUSDTM | −0.276% | +0.0100% | 4h | $228K | $86K | 50x | as long as short |
| Pacifica MEGA | −0.254% | +0.0100% | 1h | $15K | $10K | 3x | as long as short |
| Aster MEGAUSDT | −0.250% | +0.0100% | 4h | $34K | $52K | 5x | as long as short |
| BingX MEGA-USDT | −0.232% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | −0.232% | +0.0100% | 1h | $20K | $35K | 5x | as long as short |
| Extended MEGA-USD | −0.203% | +0.0104% | 1h | $138K | $605K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | −0.193% | L +0.0237% / S −0.5353% | 1h | $3K | — | 45x | as long as short |
| BloFin MEGA-USDT | −0.189% | +0.0159% | 4h | $226K | $74K | 50x | as long as short |
| Binance MEGAUSDT | −0.175% | +0.0100% | 4h | $4.5M | $10.3M | 50x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_MEGA_USDCshort | −0.145% | +0.0100% | 4h | $3K | $994 | 10x | |
| gTrade (Gains Network) MEGA/USD | −0.136% | L −0.0022% / S +0.0023% | 1h | $15K | — | 150x | as long as short |
| SunX MEGA-USDT | −0.123% | +0.0100% | 4h | $1K | $1.7M | 10x | as long as short |
| Bybit MEGAUSDT | −0.057% | −0.0073% | 4h | $3.3M | $4.2M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | −0.057% | +0.0100% | 4h | $938K | $2.6M | 20x | as long as short |
| Nado MEGA-PERP | −0.046% | +0.0136% | 1h | $198K | $127K | 2x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | −0.038% | +0.1703% | 1h | $110 | $15 | 25x | as long as short |
| Reya MEGARUSDPERPlong | 0.000% | +0.0159% | 1h | $3 | — | 3x | |
| Bitget MEGAUSDT | +0.030% | +0.0100% | 4h | $1.1M | $1.2M | 50x | as long as short |
| MEXC MEGA_USDT | +0.052% | +0.0100% | 4h | $779K | $312K | 50x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.109% | +0.1256% | 1h | $8K | $5K | 50x | as long as short |
| Lighter MEGA | +0.184% | +0.2056% | 1h | $586K | $191K | 3x | as long as short |
| Hyperliquid MEGA | +0.201% | +0.1792% | 1h | $7.7M | $2.3M | 3x | as long as short |
| Variational Omni MEGA | +0.646% | +0.0100% | 4h | $223K | $79K | — | as long as short |
| Phoenix MEGA | +0.665% | +0.0174% | 1h | $21K | $5K | 5x | as long as short |
| ApeX Omni MEGAUSDT | +0.797% | +0.0100% | 1h | $26K | $219K | 50x | as long as short |
| Bulk MEGA-USD | +1.826% | +0.0100% | 1h | $138K | $569 | 10x | as long as short |