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

MAGIC

All MAGIC markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Binance SpotMAGICUSDT
0.08250spotno funding——$425K1xBuy Binance Spot
SHORT
BinanceMAGICUSDT
0.08253+0.0100get 0.0050% / 4h2h 03m$5.2M$7.1M50xShort Binance
Price gap+0.036%
Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.051% above its 7d average: +$5 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$20+0.0100% /8h now · paid +0.203% over the last 7D
Price+$5spread +0.036% now, avg −0.015% → +0.051% if it goes back
Costs−$960.961% of $10k · taker + slippage, in and out
Result−$71−0.71%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.036%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MAGIC on 11 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size27.1 / 15.4 bp
    At $10k entering Binance Spot costs 27.1 bp, fee and slippage, 1.8× Binance’s.
  • Note: Spot in full, margin on the short$10,000 + $200
    The spot leg is bought with the whole $10k; Binance runs at up to 50x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Binance.
  • OK: Only the short pays funding— / 4h
    The spot leg pays no funding; Binance settles every 4h.
    Next 24h at the current rates, on $10k a leg: +$3.00Long Binance Spot: 0 payments, $0.00; short Binance: 6 payments, +$3.00.
  • OK: Entry gap works for you+0.036% vs −0.015%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$5.2M OI
    Only Binance reports one; the spot book's depth is in the cost check above.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Spot Yes · Binance Yes
    Verified KYC to deposit or trade.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0097%/8h × 21 periods+$20.31
Price spread+0.036% → −0.015% (7d avg)+$5.14
Slippage, 4 orderslive order books−$66.13
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$70.68
Costs to cover0.961%Break-even31.4 days
Slippage: Binance Spot: live order book, 55 min ago; Binance: live order book, 8 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot6.1127.1 bp−$271238.0 bp−$12.4Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance1.2115.4 bp−$1560.9 bp−$609doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

MAGIC news

posts that mention MAGIC, from every exchange
10-12 06:35HTXListingnew market MAGIC-USDT ($MAGIC) seen by our collector
10-12 03:17KuCoinOther24H Top 5 Gainers on #KuCoin (October 12, 2026) 1. OBI - $0.0003402 (+64.03%) 2. ITHACA - $0.0007815 (+59.89%) 3. NODE - $0.05343 (+59.81%) 4. ZEUS - $0.01002 (+57.37%) 5. MAGIC - $0.1355 (+45.60%) Check Out and Sign Up on KuCoin! #Ku24hour @kucoincom on X ↗
10-10 05:51KuCoinOther24H Top 5 Gainers on #KuCoin (October 10, 2026) 1. US - $0.03242 (+106.80%) 2. MAGIC - $0.1216 (+86.43%) 3. NODE - $0.01943 (+85.55%) 4. OTK - $0.001982 (+85.44%) 5. NXT - $0.0633 (+64.83%) Check Out and Sign Up on KuCoin! #Ku24hour @kucoincom on X ↗