Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.184%
Price spread now: Bybit against Aster−0.032%7-day average −0.177% · 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−$160as in the Price arb table
costs, in and out, $10k−$1741.743% of the position
Funding, last 5 days (all we have)−0.659%−$66 on $10k
+Price spread, last 7 days−0.189%−$19 · spread now −0.032%, 7d avg −0.177%
=Together, before fees−0.848%+ Points / potential airdropAster: Stage 5 · farm board−$85 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.145% dearer against Aster than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.177%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MAGMAUSDT | 0.2288 | 0.0100 | pay 0.0050% / 4h | 2h 08m | $1.4M | $352K | 5x |
| Short | Bybit MAGMAUSDT | 0.2288 | 0.0100 | get 0.0050% / 4h | 2h 08m | $1.6M | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.032% → −0.177%
- $14.5
- Slippage, 4 orders
- −$155.3
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$159.8
- Costs to cover
- 1.743%
- Break-even
- never at this rate
Slippage from Aster: live order book, 4 min ago; Bybit: live order book, 3 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, 4 min ago | 7.40 bp | 23.5 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.18 bp | 58.5 bp −$59 | 525.0 bp −$5,250 | 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 | 0.2288 | long leg | $1.4M | $352K | 5x | |
| Bybit MAGMAUSDTshort | +0.0100% | 4h | 0.2288 | −0.032% | $1.6M | $1.1M | 20x | |
| KuCoin MAGMAUSDTM | +0.0100% | 4h | 0.2286 | −0.089% | $266K | $31K | 20x | as long as short |
| Bitget MAGMAUSDT | +0.0100% | 4h | 0.2293 | +0.191% | $2.2M | $936K | 20x | as long as short |
| Variational Omni MAGMA | +0.0100% | 4h | 0.2296 | +0.335% | $11K | $3K | — | as long as short |
| Gate MAGMA_USDT | +0.0202% | 4h | 0.2292 | +0.174% | $964K | $246K | 20x | as long as short |
| Extended MAGMA-USD | +0.0208% | 1h | 0.2291 | +0.116% | $965 | — | 5x | as long as short |
| MEXC MAGMA_USDT | +0.0208% | 4h | 0.2292 | +0.156% | $11.3M | $274K | 50x | as long as short |
| Binance MAGMAUSDT | +0.0210% | 4h | 0.2292 | +0.141% | $4.5M | $7.1M | 20x | as long as short |
| BingX MAGMA-USDT | +0.0238% | 4h | 0.2292 | +0.147% | — | $1.4M | — | as long as short |
Aster MAGMAUSDT
Bybit MAGMAUSDT
KuCoin MAGMAUSDTM
Bitget MAGMAUSDT
Variational Omni MAGMA
Gate MAGMA_USDT
Extended MAGMA-USD
MEXC MAGMA_USDT
Binance MAGMAUSDT
BingX MAGMA-USDT