Spread before costs (cost unknown: a leg has no order-book sample)−0.191%
7d average—if it closes, per $10,000$19funding while held, a day−$1.76
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya MEGARUSDPERP | 0.04496 | 0.0159 | pay 0.0020% / 1h | 25m 12s | $3 | — | 3x |
| Short | Variational Omni MEGA | 0.04488 | 0.0100 | get 0.0050% / 4h | 3h 25m | $239K | $101K | — |
Reya MEGARUSDPERP
Variational Omni 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
- −$19.14
- Funding while held
- −$1.76
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$26.9
- Spread needed to break even
- 0.060%
Slippage unknown: Reya: no order-book sample; Variational Omni: RFQ quote, 20 min ago. 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 Variational Omni RFQ quote, 20 min ago | 7.71 bp | doesn't fit | 146.4 bp −$1,464 | 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.OKX0.04484cheapestBybit0.04485+0.022%MEXC0.04487+0.067%
OKX
Bybit
MEXCVariational Omni0.04488+0.080%
Bitget0.04488+0.089%Phoenix0.04489+0.112%ApeX Omni0.04491+0.156%Binance0.04493+0.203%Extended0.04494+0.213%Orderly0.04495+0.245%KuCoin0.04496+0.268%BingX0.04496+0.268%
Bitget
Phoenix
ApeX Omni
Binance
Extended
Orderly
KuCoin
BingXReya0.04496+0.271%
GMX0.04498+0.301%Gate0.04498+0.312%gTrade (Gains Network)0.04498+0.316%Aster0.04499+0.325%SunX0.04500+0.357%Pacifica0.04500+0.359%Bulk0.04500+0.360%Nado0.04501+0.390%BloFin0.04503+0.424%Deribit0.04503+0.426%Backpack0.04507+0.513%Lighter0.04513+0.647%Hyperliquid0.04513+0.651%Coinbase International0.04524+0.885%
GMX
Gate
gTrade (Gains Network)
Aster
SunX
Pacifica
Bulk
Nado
BloFin
Deribit
Backpack
Lighter
Hyperliquid
Coinbase InternationalMEGA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX MEGA-USDT-SWAP | −0.271% | +0.0100% | 4h | $912K | $2.8M | 20x | as long as short |
| Bybit MEGAUSDT | −0.249% | +0.0100% | 4h | $3.2M | $4.4M | 20x | as long as short |
| MEXC MEGA_USDT | −0.204% | +0.0100% | 4h | $797K | $345K | 50x | as long as short |
| Variational Omni MEGAshort | −0.191% | +0.0100% | 4h | $239K | $101K | — | |
| Bitget MEGAUSDT | −0.182% | +0.0100% | 4h | $1.1M | $1.3M | 50x | as long as short |
| Phoenix MEGA | −0.160% | +0.0177% | 1h | $20K | $6K | 5x | as long as short |
| ApeX Omni MEGAUSDT | −0.115% | +0.0100% | 1h | $25K | $223K | 50x | as long as short |
| Binance MEGAUSDT | −0.068% | +0.0100% | 4h | $4.2M | $11.5M | 50x | as long as short |
| Extended MEGA-USD | −0.058% | +0.0104% | 1h | $136K | $605K | 5x | as long as short |
| Orderly PERP_MEGA_USDC | −0.026% | +0.0100% | 4h | $3K | $994 | 10x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin MEGAUSDTM | −0.004% | +0.0100% | 4h | $238K | $107K | 50x | as long as short |
| BingX MEGA-USDT | −0.004% | +0.0100% | 4h | — | $1.7M | — | as long as short |
| Reya MEGARUSDPERPlong | 0.000% | +0.0159% | 1h | $3 | — | 3x | |
| GMX MEGA/USD [ETH-USDC] | +0.030% | L +0.0236% / S −0.5353% | 1h | $3K | — | 45x | as long as short |
| Gate MEGA_USDT | +0.041% | +0.0086% | 4h | $199K | $236K | 20x | as long as short |
| gTrade (Gains Network) MEGA/USD | +0.045% | L −0.0022% / S +0.0023% | 1h | $15K | — | 150x | as long as short |
| Aster MEGAUSDT | +0.054% | +0.0100% | 4h | $33K | $57K | 5x | as long as short |
| SunX MEGA-USDT | +0.085% | +0.0100% | 4h | $1K | $1.8M | 10x | as long as short |
| Pacifica MEGA | +0.087% | +0.0100% | 1h | $15K | $10K | 3x | as long as short |
| Bulk MEGA-USD | +0.088% | +0.0100% | 1h | $133K | $569 | 10x | as long as short |
| Nado MEGA-PERP | +0.118% | +0.0053% | 1h | $194K | $144K | 2x | as long as short |
| BloFin MEGA-USDT | +0.152% | +0.0071% | 4h | $209K | $75K | 50x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.154% | +0.1864% | 1h | $109 | $15 | 25x | as long as short |
| Backpack MEGA_USDC_PERP | +0.241% | +0.0100% | 1h | $19K | $38K | 5x | as long as short |
| Lighter MEGA | +0.374% | +0.1000% | 1h | $598K | $225K | 3x | as long as short |
| Hyperliquid MEGA | +0.379% | +0.1088% | 1h | $7.6M | $2.4M | 3x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.612% | +0.1224% | 1h | $7K | $6K | 50x | as long as short |