Funding you earn now, next payment 04:00 UTC−0.0322%/8h= −35.3% APRnext payment −$1.61 per $10,000 · paid last 24h −0.184%
Price spread now: KuCoin against Aster−0.705%7-day average −0.198% · 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−$311as in the Price arb table
costs, in and out, $10k−$2612.607% of the position
Funding, last 5 days (all we have)−0.658%−$66 on $10k
+Price spread, last 4 days (all we have)+0.764%+$76 · spread now −0.705%, 7d avg −0.198%
=Together, before fees+0.106%+ Points / potential airdropAster: Stage 5 · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.507% cheaper against Aster than usual: you would sell low and buy high (−$51 if the spread goes back to its 7-day average of −0.198%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MAGMAUSDT | 0.2341 | 0.0422 | pay 0.0211% / 4h | 24m 51s | $1.4M | $414K | 5x |
| Short | KuCoin MAGMAUSDTM | 0.2325 | 0.0100 | get 0.0050% / 4h | 24m 51s | $271K | $30K | 20x |
Aster MAGMAUSDT
KuCoin MAGMAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$67.69
- Price spread: −0.705% → −0.198%
- −$50.67
- Slippage, 4 orders
- −$240.75
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$379.11
- Costs to cover
- 2.607%
- Break-even
- never at this rate
Slippage from Aster: live order book, 3 min ago; KuCoin: live order book, 56 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, 3 min ago | 6.43 bp | 21.7 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 56 min ago | 37.00 bp | 98.2 bp −$98 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MAGMAUSDT | +0.0100% | 4h | 0.2344 | +0.124% | $1.7M | $1.2M | 20x | as long as short |
| KuCoin MAGMAUSDTMshort | +0.0100% | 4h | 0.2325 | −0.705% | $271K | $30K | 20x | |
| Variational Omni MAGMA | +0.0100% | 4h | 0.2337 | −0.172% | $11K | $3K | — | as long as short |
| Bitget MAGMAUSDT | +0.0222% | 4h | 0.2344 | +0.141% | $2.3M | $958K | 20x | as long as short |
| BingX MAGMA-USDT | +0.0274% | 4h | 0.2342 | +0.047% | — | $1.3M | — | as long as short |
| Extended MAGMA-USD | +0.0280% | 1h | 0.2342 | +0.030% | $980 | — | 5x | as long as short |
| MEXC MAGMA_USDT | +0.0282% | 4h | 0.2342 | +0.047% | $11.6M | $264K | 50x | as long as short |
| Binance MAGMAUSDT | +0.0308% | 4h | 0.2345 | +0.151% | $4.6M | $7.2M | 20x | as long as short |
| Gate MAGMA_USDT | +0.0366% | 4h | 0.2346 | +0.226% | $987K | $253K | 20x | as long as short |
| Aster MAGMAUSDTlong | +0.0422% | 4h | 0.2341 | long leg | $1.4M | $414K | 5x |
Bybit MAGMAUSDT
Variational Omni MAGMA
Bitget MAGMAUSDT
BingX MAGMA-USDT
Extended MAGMA-USD
MEXC MAGMA_USDT
Binance MAGMAUSDT
Gate MAGMA_USDT