Settings8H · net · $10k
Funding arb · Price arb /

MAGMA

all MAGMA markets
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Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MAGMAUSDT0.22880.0100pay 0.0050% / 4h2h 08m$1.4M$352K5x
ShortBybit MAGMAUSDT0.22880.0100get 0.0050% / 4h2h 08m$1.6M$1.1M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 4 min ago7.40 bp23.5 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago2.18 bp58.5 bp −$59525.0 bp −$5,250doesn't fitdoesn't fit

MAGMA on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MAGMAUSDTlong+0.0100%4h0.2288long leg$1.4M$352K5x
Bybit MAGMAUSDTshort+0.0100%4h0.2288−0.032%$1.6M$1.1M20x
KuCoin MAGMAUSDTM+0.0100%4h0.2286−0.089%$266K$31K20xas long as short
Bitget MAGMAUSDT+0.0100%4h0.2293+0.191%$2.2M$936K20xas long as short
Variational Omni MAGMA+0.0100%4h0.2296+0.335%$11K$3Kas long as short
Gate MAGMA_USDT+0.0202%4h0.2292+0.174%$964K$246K20xas long as short
Extended MAGMA-USD+0.0208%1h0.2291+0.116%$9655xas long as short
MEXC MAGMA_USDT+0.0208%4h0.2292+0.156%$11.3M$274K50xas long as short
Binance MAGMAUSDT+0.0210%4h0.2292+0.141%$4.5M$7.1M20xas long as short
BingX MAGMA-USDT+0.0238%4h0.2292+0.147%$1.4Mas long as short