Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.009%
Price spread now: BloFin against BingX+0.081%111s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.081% dearer against BingX than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MAGIC-USDT | 0.04955 | 0.0124 | pay 0.0062% / 4h | 2h 43m | — | $2.3M | — |
| Short | BloFin MAGIC-USDT | 0.04959 | 0.0132 | get 0.0066% / 4h | 2h 43m | $83K | $7K | 50x |
BingX MAGIC-USDT
BloFin MAGIC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $1.71
- Price spread: +0.081% → 0.000%
- $8.07
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$12.22
- Costs to cover
- 0.220%
- Break-even
- 57.1 days
Slippage unknown: BingX: live order book, 10 min ago; BloFin: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 10 min ago | 4.03 bp | 17.6 bp −$18 | 48.8 bp −$488 | 449.5 bp −$45.0K | 522.6 bp −$261.3K |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: 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 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MAGICUSDT | +0.0100% | 4h | 0.04947 | −0.154% | $1.6M | $1.6M | 50x | as long as short |
| Bybit MAGICUSDT | +0.0100% | 4h | 0.04950 | −0.101% | $508K | $148K | 25x | as long as short |
| OKX MAGIC-USDT-SWAP | +0.0100% | 4h | 0.04942 | −0.262% | $470K | $716K | 20x | as long as short |
| Gate MAGIC_USDT | +0.0100% | 8h | 0.04962 | +0.141% | $126K | $24K | 50x | as long as short |
| MEXC MAGIC_USDT | +0.0100% | 4h | 0.04948 | −0.141% | $199K | $113K | 50x | as long as short |
| KuCoin MAGICUSDTM | +0.0100% | 4h | 0.04954 | −0.020% | $184K | $26K | 25x | as long as short |
| Variational Omni MAGIC | +0.0100% | 4h | 0.04961 | +0.114% | $8K | $555 | — | as long as short |
| Bitget MAGICUSDT | +0.0122% | 4h | 0.04953 | −0.040% | $424K | $79K | 25x | as long as short |
| BingX MAGIC-USDTlong | +0.0124% | 4h | 0.04955 | long leg | — | $2.3M | — | |
| BloFin MAGIC-USDTshort | +0.0132% | 4h | 0.04959 | +0.081% | $83K | $7K | 50x |
Binance MAGICUSDT
Bybit MAGICUSDT
OKX MAGIC-USDT-SWAP
Gate MAGIC_USDT
MEXC MAGIC_USDT
KuCoin MAGICUSDTM
Variational Omni MAGIC
Bitget MAGICUSDT