Funding you earn now, next payment 04:00 UTC+0.0138%/8h= +15.1% APRnext payment +$0.69 per $10,000 · paid last 24h −0.160%
Price spread now: BingX against Aster+0.192%7-day average −0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$1141.139% of the position
Funding, last 5 days (all we have)−0.603%−$60 on $10k
+Price spread, last 7 days−0.326%−$33 · spread now +0.192%, 7d avg −0.108%
=Together, before fees−0.930%+ Points / potential airdropAster: Stage 5 · farm board−$93 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BingX is 0.300% dearer against Aster than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of −0.108%. Mind the row above: over the last 5 days funding on this pair cost −0.603%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MAGMAUSDT | 0.2289 | 0.0100 | pay 0.0050% / 4h | 2h 08m | $1.4M | $352K | 5x |
| Short | BingX MAGMA-USDT | 0.2293 | 0.0238 | get 0.0119% / 4h | 2h 08m | — | $1.4M | — |
Aster MAGMAUSDT
BingX MAGMA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $28.98
- Price spread: +0.192% → −0.108%
- $30
- Slippage, 4 orders
- −$95.9
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$54.92
- Costs to cover
- 1.139%
- Break-even
- 20.3 days
Slippage from Aster: live order book, 5 min ago; BingX: live order book, 7 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, 5 min ago | 7.40 bp | 23.5 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 3.91 bp | 30.6 bp −$31 | 158.3 bp −$1,583 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MAGMAUSDTlong | +0.0100% | 4h | 0.2289 | long leg | $1.4M | $352K | 5x | |
| Bybit MAGMAUSDT | +0.0100% | 4h | 0.2288 | −0.004% | $1.6M | $1.1M | 20x | as long as short |
| KuCoin MAGMAUSDTM | +0.0100% | 4h | 0.2287 | −0.083% | $266K | $31K | 20x | as long as short |
| Bitget MAGMAUSDT | +0.0100% | 4h | 0.2293 | +0.188% | $2.2M | $936K | 20x | as long as short |
| Variational Omni MAGMA | +0.0100% | 4h | 0.2296 | +0.332% | $11K | $3K | — | as long as short |
| Gate MAGMA_USDT | +0.0190% | 4h | 0.2293 | +0.201% | $964K | $246K | 20x | as long as short |
| Extended MAGMA-USD | +0.0208% | 1h | 0.2292 | +0.157% | $965 | — | 5x | as long as short |
| MEXC MAGMA_USDT | +0.0208% | 4h | 0.2293 | +0.218% | $11.3M | $274K | 50x | as long as short |
| Binance MAGMAUSDT | +0.0210% | 4h | 0.2293 | +0.212% | $4.5M | $7.1M | 20x | as long as short |
| BingX MAGMA-USDTshort | +0.0238% | 4h | 0.2293 | +0.192% | — | $1.4M | — |
Bybit MAGMAUSDT
KuCoin MAGMAUSDTM
Bitget MAGMAUSDT
Variational Omni MAGMA
Gate MAGMA_USDT
Extended MAGMA-USD
MEXC MAGMA_USDT
Binance MAGMAUSDT