Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Variational Omni−0.093%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: Bybit is 0.093% cheaper against Variational Omni than usual: you would sell low and buy high, −$9 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 | Bybit MAGICUSDT | 0.04962 | 0.0100 | get 0.0050% / 4h | 2h 54m | $510K | $149K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.093% → 0.000%
- −$9.32
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$20.32
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 51 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 Bybit live order book, 51 min ago | 4.01 bp | 39.3 bp −$39 | 304.5 bp −$3,045 | doesn't fit | doesn't fit |
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 MAGICUSDTshort | +0.0100% | 4h | 0.04962 | −0.093% | $510K | $149K | 25x | |
| 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-USDT | +0.0108% | 4h | 0.04961 | −0.113% | — | $2.3M | — | as long as short |
| BloFin MAGIC-USDT | +0.0113% | 4h | 0.04967 | +0.007% | $84K | $7K | 50x | as long as short |
Variational Omni MAGIC
Bybit MAGICUSDT
Binance MAGICUSDT
OKX MAGIC-USDT-SWAP
Gate MAGIC_USDT
MEXC MAGIC_USDT
KuCoin MAGICUSDTM
Bitget MAGICUSDT
BingX MAGIC-USDT
BloFin MAGIC-USDT