Funding you earn now, next payment 08:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.04 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against BingX+0.114%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no 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 0.114% dearer against BingX than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MAGIC-USDT | 0.04961 | 0.0108 | pay 0.0054% / 4h | 2h 54m | — | $2.3M | — |
| Short | Variational Omni MAGIC | 0.04967 | 0.0100 | get 0.0050% / 4h | 2h 54m | $8K | $555 | — |
BingX MAGIC-USDT
Variational Omni MAGICFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$1.68
- Price spread: +0.114% → 0.000%
- $11.35
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$0.33
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 9 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 9 min ago | 4.04 bp | 15.4 bp −$15 | 48.0 bp −$480 | 466.6 bp −$46.7K | 543.1 bp −$271.6K |
| 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 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 | 0.04961 | +0.010% | $1.6M | $1.6M | 50x | as long as short |
| Bybit MAGICUSDT | +0.0100% | 4h | 0.04962 | +0.020% | $510K | $149K | 25x | as long as short |
| OKX MAGIC-USDT-SWAP | +0.0100% | 4h | 0.04958 | −0.060% | $471K | $715K | 20x | as long as short |
| Gate MAGIC_USDT | +0.0100% | 8h | 0.04965 | +0.081% | $126K | $24K | 50x | as long as short |
| MEXC MAGIC_USDT | +0.0100% | 4h | 0.04962 | +0.020% | $200K | $112K | 50x | as long as short |
| KuCoin MAGICUSDTM | +0.0100% | 4h | 0.04963 | +0.040% | $185K | $26K | 25x | as long as short |
| Variational Omni MAGICshort | +0.0100% | 4h | 0.04967 | +0.114% | $8K | $555 | — | |
| Bitget MAGICUSDT | +0.0106% | 4h | 0.04969 | +0.161% | $425K | $78K | 25x | as long as short |
| BingX MAGIC-USDTlong | +0.0108% | 4h | 0.04961 | long leg | — | $2.3M | — | |
| BloFin MAGIC-USDT | +0.0113% | 4h | 0.04967 | +0.121% | $84K | $7K | 50x | as long as short |
Binance MAGICUSDT
Bybit MAGICUSDT
OKX MAGIC-USDT-SWAP
Gate MAGIC_USDT
MEXC MAGIC_USDT
KuCoin MAGICUSDTM
Bitget MAGICUSDT
BloFin MAGIC-USDT