Funding you earn now, next payment 04:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.52 per $10,000 · paid last 24h −0.172%
Price spread now: MEXC against Aster−0.081%7-day average −0.074% · 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−$94as in the Price arb table
costs, in and out, $10k−$930.928% of the position
Funding, last 5 days (all we have)−0.616%−$62 on $10k
+Price spread, last 7 days+0.098%+$10 · spread now −0.081%, 7d avg −0.074%
=Together, before fees−0.518%+ Points / potential airdropAster: Stage 5 · farm board−$52 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.074%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MAGMAUSDT | 0.2334 | 0.0386 | pay 0.0193% / 4h | 26m 45s | $1.4M | $414K | 5x |
| Short | MEXC MAGMA_USDT | 0.2332 | 0.0282 | get 0.0141% / 4h | 26m 45s | $11.5M | $264K | 50x |
Aster MAGMAUSDT
MEXC MAGMA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$21.83
- Price spread: −0.081% → −0.074%
- −$0.77
- Slippage, 4 orders
- −$80.81
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$115.41
- Costs to cover
- 0.928%
- Break-even
- never at this rate
Slippage from Aster: live order book, 1 min ago; MEXC: live order book, 1 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 | 6.43 bp | 21.7 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 2.36 bp | 26.2 bp −$26 | 70.5 bp −$705 | 272.6 bp −$27.3K | 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 | 0.2329 | −0.218% | $1.7M | $1.2M | 20x | as long as short |
| KuCoin MAGMAUSDTM | +0.0100% | 4h | 0.2321 | −0.561% | $270K | $30K | 20x | as long as short |
| Variational Omni MAGMA | +0.0100% | 4h | 0.2332 | −0.086% | $11K | $3K | — | as long as short |
| Bitget MAGMAUSDT | +0.0194% | 4h | 0.2330 | −0.189% | $2.3M | $958K | 20x | as long as short |
| BingX MAGMA-USDT | +0.0270% | 4h | 0.2331 | −0.111% | — | $1.3M | — | as long as short |
| Extended MAGMA-USD | +0.0280% | 1h | 0.2330 | −0.182% | $980 | — | 5x | as long as short |
| MEXC MAGMA_USDTshort | +0.0282% | 4h | 0.2332 | −0.081% | $11.5M | $264K | 50x | |
| Binance MAGMAUSDT | +0.0282% | 4h | 0.2332 | −0.074% | $4.6M | $7.2M | 20x | as long as short |
| Gate MAGMA_USDT | +0.0342% | 4h | 0.2332 | −0.086% | $981K | $252K | 20x | as long as short |
| Aster MAGMAUSDTlong | +0.0386% | 4h | 0.2334 | long leg | $1.4M | $414K | 5x |
Bybit MAGMAUSDT
KuCoin MAGMAUSDTM
Variational Omni MAGMA
Bitget MAGMAUSDT
BingX MAGMA-USDT
Extended MAGMA-USD
Binance MAGMAUSDT
Gate MAGMA_USDT