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 MEXC−0.301%7-day average · you buy dearer than you sell
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 0.301% cheaper against MEXC than usual: you would sell low and buy high, −$30 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC MAGIC_USDT0.049950.0100pay 0.0050% / 4h1h 22m$209K$117K50x
ShortVariational Omni MAGIC0.049800.0100get 0.0050% / 4h1h 22m$8K$555

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. 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: −0.301% → 0.000%
−$30.07
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$34.07
Costs to cover
0.040%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 14 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 MEXC live order book, 14 min ago1.01 bp8.9 bp −$930.1 bp −$301100.3 bp −$10.0K350.2 bp −$175.1K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MAGICUSDT+0.0100%4h0.04993−0.040%$1.6M$1.7M50xas long as short
Bybit MAGICUSDT+0.0100%4h0.04994−0.020%$515K$146K25xas long as short
OKX MAGIC-USDT-SWAP+0.0100%4h0.04988−0.140%$474K$727K20xas long as short
Gate MAGIC_USDT+0.0100%8h0.04985−0.200%$126K$27K50xas long as short
MEXC MAGIC_USDTlong+0.0100%4h0.04995long leg$209K$117K50x
KuCoin MAGICUSDTM+0.0100%4h0.04993−0.040%$183K$25K25xas long as short
Bitget MAGICUSDT+0.0100%4h0.04990−0.100%$422K$73K25xas long as short
BingX MAGIC-USDT+0.0100%4h0.04991−0.080%$2.3Mas long as short
Variational Omni MAGICshort+0.0100%4h0.04980−0.301%$8K$555
BloFin MAGIC-USDT+0.0125%4h0.04987−0.160%$84K$7K50xas long as short