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: BingX against Variational Omni−0.113%7-day average — · you buy dearer than you sell
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: BingX is 0.113% cheaper against Variational Omni than usual: you would sell low and buy high, −$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 | Variational Omni MAGIC | 0.04967 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $8K | $555 | — |
| Short | BingX MAGIC-USDT | 0.04961 | 0.0108 | get 0.0054% / 4h | 2h 54m | — | $2.3M | — |
Variational Omni MAGIC
BingX MAGIC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Variational Omni. 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: −0.113% → 0.000%
- −$11.34
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$19.66
- Costs to cover
- 0.100%
- Break-even
- 88.9 days
Slippage unknown: Variational Omni: no order-book sample; BingX: live order book, 9 min ago. 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 9 min ago | 4.04 bp | 23.1 bp −$23 | 55.5 bp −$555 | 422.0 bp −$42.2K | 482.8 bp −$241.4K |
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 | −0.104% | $1.6M | $1.6M | 50x | as long as short |
| Bybit MAGICUSDT | +0.0100% | 4h | 0.04962 | −0.093% | $510K | $149K | 25x | as long as short |
| OKX MAGIC-USDT-SWAP | +0.0100% | 4h | 0.04958 | −0.174% | $471K | $715K | 20x | as long as short |
| Gate MAGIC_USDT | +0.0100% | 8h | 0.04965 | −0.033% | $126K | $24K | 50x | as long as short |
| MEXC MAGIC_USDT | +0.0100% | 4h | 0.04962 | −0.093% | $200K | $112K | 50x | as long as short |
| KuCoin MAGICUSDTM | +0.0100% | 4h | 0.04963 | −0.073% | $185K | $26K | 25x | as long as short |
| Variational Omni MAGIClong | +0.0100% | 4h | 0.04967 | long leg | $8K | $555 | — | |
| Bitget MAGICUSDT | +0.0106% | 4h | 0.04969 | +0.048% | $425K | $78K | 25x | as long as short |
| BingX MAGIC-USDTshort | +0.0108% | 4h | 0.04961 | −0.113% | — | $2.3M | — | |
| BloFin MAGIC-USDT | +0.0113% | 4h | 0.04967 | +0.007% | $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