Funding you earn now, next payment 08:00 UTC−0.0562%/8h= −61.5% APRnext payment −$2.81 per $10,000 · paid last 24h −0.159%
Price spread now: Binance against Aster−0.124%7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1051.051% of the position
Funding, last 6 days (all we have)−0.630%−$63 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now −0.124%, 7d avg −0.082%
=Together, before fees−0.622%+ Points / potential airdropAster: Stage 5 · farm board−$62 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Binance is 0.043% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.082%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MAGMAUSDT | 0.2384 | 0.1077 | pay 0.0539% / 4h | 2h 42m | $1.4M | $420K | 5x |
| Short | Binance MAGMAUSDT | 0.2382 | 0.0515 | get 0.0258% / 4h | 2h 42m | $4.6M | $7.4M | 20x |
Aster MAGMAUSDT
Binance MAGMAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. 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
- −$117.99
- Price spread: −0.124% → −0.082%
- −$4.25
- Slippage, 4 orders
- −$87.08
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$227.32
- Costs to cover
- 1.051%
- Break-even
- never at this rate
Slippage from Aster: live order book, 1 min ago; Binance: live order book, 12 min ago.
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 Aster live order book, 1 min ago | 5.66 bp | 24.4 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.68 bp | 22.9 bp −$23 | 232.3 bp −$2,323 | doesn't fit | doesn't fit |
MAGMA 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MAGMAUSDTM | +0.0100% | 4h | 0.2379 | −0.250% | $277K | $36K | 20x | as long as short |
| Variational Omni MAGMA | +0.0100% | 4h | 0.2385 | +0.005% | $12K | $3K | — | as long as short |
| Bybit MAGMAUSDT | +0.0242% | 4h | 0.2380 | −0.187% | $1.7M | $1.2M | 20x | as long as short |
| Bitget MAGMAUSDT | +0.0324% | 4h | 0.2382 | −0.095% | $2.3M | $969K | 20x | as long as short |
| Gate MAGMA_USDT | +0.0426% | 4h | 0.2382 | −0.095% | $1.0M | $264K | 20x | as long as short |
| BingX MAGMA-USDT | +0.0488% | 4h | 0.2383 | −0.061% | — | $1.4M | — | as long as short |
| Extended MAGMA-USD | +0.0512% | 1h | 0.2381 | −0.150% | $1K | — | 5x | as long as short |
| MEXC MAGMA_USDT | +0.0512% | 4h | 0.2385 | +0.018% | $11.8M | $280K | 50x | as long as short |
| Binance MAGMAUSDTshort | +0.0515% | 4h | 0.2382 | −0.124% | $4.6M | $7.4M | 20x | |
| Aster MAGMAUSDTlong | +0.1077% | 4h | 0.2384 | long leg | $1.4M | $420K | 5x |
KuCoin MAGMAUSDTM
Variational Omni MAGMA
Bybit MAGMAUSDT
Bitget MAGMAUSDT
Gate MAGMA_USDT
BingX MAGMA-USDT
Extended MAGMA-USD
MEXC MAGMA_USDT