Funding you earn now, next payment 04:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.17 per $10,000 · paid last 24h +0.008%
Price spread now: BloFin against OKX+0.100%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.025%+$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.100% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread 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 | OKX MAGIC-USDT-SWAP | 0.04976 | 0.0100 | pay 0.0050% / 4h | 28m 50s | $470K | $736K | 20x |
| Short | BloFin MAGIC-USDT | 0.04981 | 0.0133 | get 0.0067% / 4h | 28m 50s | $84K | $6K | 50x |
OKX MAGIC-USDT-SWAP
BloFin MAGIC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $6.96
- Price spread: +0.100% → 0.000%
- $10.05
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$4.99
- Costs to cover
- 0.220%
- Break-even
- 12.0 days
Slippage unknown: OKX: live order book, 27 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 OKX live order book, 27 min ago | 3.02 bp | 21.3 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| 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 | 0.04981 | +0.100% | $1.6M | $1.6M | 50x | as long as short |
| Bybit MAGICUSDT | +0.0100% | 4h | 0.04984 | +0.161% | $512K | $146K | 25x | as long as short |
| OKX MAGIC-USDT-SWAPlong | +0.0100% | 4h | 0.04976 | long leg | $470K | $736K | 20x | |
| Gate MAGIC_USDT | +0.0100% | 8h | 0.04975 | −0.020% | $126K | $26K | 50x | as long as short |
| MEXC MAGIC_USDT | +0.0100% | 4h | 0.04981 | +0.100% | $201K | $116K | 50x | as long as short |
| KuCoin MAGICUSDTM | +0.0100% | 4h | 0.04985 | +0.181% | $182K | $25K | 25x | as long as short |
| Bitget MAGICUSDT | +0.0100% | 4h | 0.04983 | +0.141% | $425K | $77K | 25x | as long as short |
| BingX MAGIC-USDT | +0.0100% | 4h | 0.04982 | +0.121% | — | $2.3M | — | as long as short |
| Variational Omni MAGIC | +0.0100% | 4h | 0.04980 | +0.083% | $8K | $555 | — | as long as short |
| BloFin MAGIC-USDTshort | +0.0133% | 4h | 0.04981 | +0.100% | $84K | $6K | 50x |
Binance MAGICUSDT
Bybit MAGICUSDT
Gate MAGIC_USDT
MEXC MAGIC_USDT
KuCoin MAGICUSDTM
Bitget MAGICUSDT
BingX MAGIC-USDT
Variational Omni MAGIC