Settings8H · net · $10k
Funding arb · Price arb /

MAGIC

all MAGIC markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Binance+0.042%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.042% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MAGICUSDT0.049700.0100pay 0.0050% / 4h2h 12m$1.6M$1.8M50x
ShortVariational Omni MAGIC0.049720.0100get 0.0050% / 4h2h 12m$8K$555

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.042% → 0.000%
$4.19
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$5.81
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 6 min ago; Variational Omni: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 6 min ago2.01 bp19.9 bp −$20105.0 bp −$1,050doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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.

MAGIC on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MAGICUSDTlong+0.0100%4h0.04970long leg$1.6M$1.8M50x
Bybit MAGICUSDT+0.0100%4h0.04969−0.020%$511K$147K25xas long as short
OKX MAGIC-USDT-SWAP+0.0100%4h0.04966−0.080%$476K$759K20xas long as short
Gate MAGIC_USDT+0.0100%8h0.049700.000%$125K$28K50xas long as short
MEXC MAGIC_USDT+0.0100%4h0.04969−0.020%$208K$119K50xas long as short
KuCoin MAGICUSDTM+0.0100%4h0.04975+0.101%$180K$25K25xas long as short
Bitget MAGICUSDT+0.0100%4h0.04974+0.080%$420K$83K25xas long as short
BingX MAGIC-USDT+0.0100%4h0.04969−0.020%$2.3Mas long as short
Variational Omni MAGICshort+0.0100%4h0.04972+0.042%$8K$555