Funding you earn now, next payment 04:00 UTC−0.0110%/8h= −12.0% APRnext payment −$0.55 per $10,000 · paid last 24h +0.172%
Price spread now: Aster against Binance−0.211%7-day average +0.086% · 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−$143as in the Price arb table
costs, in and out, $10k−$1131.129% of the position
Funding, last 5 days (all we have)+0.617%+$62 on $10k
+Price spread, last 7 days+0.284%+$28 · spread now −0.211%, 7d avg +0.086%
=Together, before fees+0.901%+ Points / potential airdropAster: Stage 5 · farm board+$90 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.297% cheaper against Binance than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of +0.086%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.617%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MAGMAUSDT | 0.2293 | 0.0210 | pay 0.0105% / 4h | 2h 08m | $4.5M | $7.1M | 20x |
| Short | Aster MAGMAUSDT | 0.2289 | 0.0100 | get 0.0050% / 4h | 2h 08m | $1.4M | $352K | 5x |
Binance MAGMAUSDT
Aster MAGMAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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
- −$23.08
- Price spread: −0.211% → +0.086%
- −$29.66
- Slippage, 4 orders
- −$94.9
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$165.64
- Costs to cover
- 1.129%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; Aster: live order book, 5 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 Binance live order book, 16 min ago | 1.52 bp | 27.8 bp −$28 | 416.2 bp −$4,162 | doesn't fit | doesn't fit |
| Sell Aster live order book, 5 min ago | 7.40 bp | 29.1 bp −$29 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MAGMAUSDTshort | +0.0100% | 4h | 0.2289 | −0.211% | $1.4M | $352K | 5x | |
| Bybit MAGMAUSDT | +0.0100% | 4h | 0.2288 | −0.215% | $1.6M | $1.1M | 20x | as long as short |
| KuCoin MAGMAUSDTM | +0.0100% | 4h | 0.2287 | −0.294% | $266K | $31K | 20x | as long as short |
| Bitget MAGMAUSDT | +0.0100% | 4h | 0.2293 | −0.024% | $2.2M | $936K | 20x | as long as short |
| Variational Omni MAGMA | +0.0100% | 4h | 0.2296 | +0.120% | $11K | $3K | — | as long as short |
| Gate MAGMA_USDT | +0.0190% | 4h | 0.2293 | −0.010% | $964K | $246K | 20x | as long as short |
| Extended MAGMA-USD | +0.0208% | 1h | 0.2292 | −0.055% | $965 | — | 5x | as long as short |
| MEXC MAGMA_USDT | +0.0208% | 4h | 0.2293 | +0.007% | $11.3M | $274K | 50x | as long as short |
| Binance MAGMAUSDTlong | +0.0210% | 4h | 0.2293 | long leg | $4.5M | $7.1M | 20x | |
| BingX MAGMA-USDT | +0.0238% | 4h | 0.2293 | −0.019% | — | $1.4M | — | as long as short |
Bybit MAGMAUSDT
KuCoin MAGMAUSDTM
Bitget MAGMAUSDT
Variational Omni MAGMA
Gate MAGMA_USDT
Extended MAGMA-USD
MEXC MAGMA_USDT
BingX MAGMA-USDT