Funding you earn now, next payment 08:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.03 per $10,000 · paid last 24h −0.009%
Price spread now: Variational Omni against BloFin+0.123%86s7-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 0.123% dearer against BloFin than usual: you sell high and buy low, +$12 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 86 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 | BloFin MAGIC-USDT | 0.04975 | 0.0095 | pay 0.0047% / 4h | 3h 33m | $83K | $7K | 50x |
| Short | Variational Omni MAGIC | 0.04981 | 0.0100 | get 0.0050% / 4h | 3h 33m | $8K | $555 | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BloFin. 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
- $1.09
- Price spread: +0.123% → 0.000%
- $12.32
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $1.41
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: BloFin: no order-book sample; 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 BloFin no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
BloFin and 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MAGIC-USDTlong | +0.0095% | 4h | 0.04975 | long leg | $83K | $7K | 50x | |
| Binance MAGICUSDT | +0.0100% | 4h | 0.04977 | +0.036% | $1.6M | $1.6M | 50x | as long as short |
| Bybit MAGICUSDT | +0.0100% | 4h | 0.04979 | +0.080% | $513K | $146K | 25x | as long as short |
| OKX MAGIC-USDT-SWAP | +0.0100% | 4h | 0.04973 | −0.040% | $468K | $725K | 20x | as long as short |
| MEXC MAGIC_USDT | +0.0100% | 4h | 0.04977 | +0.040% | $201K | $116K | 50x | as long as short |
| KuCoin MAGICUSDTM | +0.0100% | 4h | 0.04982 | +0.141% | $186K | $26K | 25x | as long as short |
| Bitget MAGICUSDT | +0.0100% | 4h | 0.04983 | +0.161% | $426K | $77K | 25x | as long as short |
| BingX MAGIC-USDT | +0.0100% | 4h | 0.04978 | +0.060% | — | $2.3M | — | as long as short |
| Variational Omni MAGICshort | +0.0100% | 4h | 0.04981 | +0.123% | $8K | $555 | — | |
| Gate MAGIC_USDT | +0.0143% | 8h | 0.04980 | +0.101% | $126K | $26K | 50x | as long as short |
BloFin MAGIC-USDT
Variational Omni MAGIC
Binance MAGICUSDT
Bybit MAGICUSDT
OKX MAGIC-USDT-SWAP
MEXC MAGIC_USDT
KuCoin MAGICUSDTM
Bitget MAGICUSDT
BingX MAGIC-USDT
Gate MAGIC_USDT