Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: Gate against Variational Omni−0.042%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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: Gate is 0.042% cheaper against Variational Omni than usual: you would sell low and buy high, −$4 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 | 0.04972 | 0.0100 | pay 0.0050% / 4h | 2h 12m | $8K | $555 | — |
| Short | Gate MAGIC_USDT | 0.04970 | 0.0100 | get 0.0100% / 8h | 6h 12m | $125K | $28K | 50x |
Variational Omni MAGIC
Gate MAGIC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.042% → 0.000%
- −$4.18
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$19.18
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; Gate: live order book, 48 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 Gate live order book, 48 min ago | 3.01 bp | 51.1 bp −$51 | doesn't fit | 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 9 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 | 0.04968 | −0.082% | $1.6M | $1.8M | 50x | as long as short |
| Bybit MAGICUSDT | +0.0100% | 4h | 0.04969 | −0.062% | $511K | $148K | 25x | as long as short |
| OKX MAGIC-USDT-SWAP | +0.0100% | 4h | 0.04966 | −0.122% | $476K | $759K | 20x | as long as short |
| Gate MAGIC_USDTshort | +0.0100% | 8h | 0.04970 | −0.042% | $125K | $28K | 50x | |
| MEXC MAGIC_USDT | +0.0100% | 4h | 0.04969 | −0.062% | $208K | $119K | 50x | as long as short |
| KuCoin MAGICUSDTM | +0.0100% | 4h | 0.04975 | +0.059% | $180K | $25K | 25x | as long as short |
| Bitget MAGICUSDT | +0.0100% | 4h | 0.04973 | +0.019% | $420K | $83K | 25x | as long as short |
| BingX MAGIC-USDT | +0.0100% | 4h | 0.04968 | −0.082% | — | $2.3M | — | as long as short |
| Variational Omni MAGIClong | +0.0100% | 4h | 0.04972 | long leg | $8K | $555 | — |
Binance MAGICUSDT
Bybit MAGICUSDT
OKX MAGIC-USDT-SWAP
MEXC MAGIC_USDT
KuCoin MAGICUSDTM
Bitget MAGICUSDT
BingX MAGIC-USDT