Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.010%
Price spread now: Extended against Binance−0.024%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.024% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MAGMAUSDT | 0.2287 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $4.5M | $6.9M | 20x |
| Short | Extended MAGMA-USD | 0.2286 | 0.0104 | get 0.0013% / 1h | 40m 03s | $965 | — | 5x |
Binance MAGMAUSDT
Extended MAGMA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.024% → 0.000%
- −$2.45
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$16.61
- Costs to cover
- 0.150%
- Break-even
- 145.4 days
Slippage unknown: Binance: live order book, 14 min ago; Extended: no order-book sample. Net counts fees only.
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, 14 min ago | 1.97 bp | 23.3 bp −$23 | 389.3 bp −$3,893 | doesn't fit | doesn't fit |
| Sell Extended no order-book sample | — | — | — | — | — |
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 MAGMAUSDT | +0.0100% | 4h | 0.2289 | +0.102% | $1.4M | $354K | 5x | as long as short |
| Binance MAGMAUSDTlong | +0.0100% | 4h | 0.2287 | long leg | $4.5M | $6.9M | 20x | |
| Bybit MAGMAUSDT | +0.0100% | 4h | 0.2286 | −0.050% | $1.7M | $1.1M | 20x | as long as short |
| Gate MAGMA_USDT | +0.0100% | 4h | 0.2292 | +0.234% | $963K | $231K | 20x | as long as short |
| MEXC MAGMA_USDT | +0.0100% | 4h | 0.2287 | +0.007% | $11.3M | $270K | 50x | as long as short |
| KuCoin MAGMAUSDTM | +0.0100% | 4h | 0.2286 | −0.054% | $266K | $31K | 20x | as long as short |
| Bitget MAGMAUSDT | +0.0100% | 4h | 0.2288 | +0.020% | $2.2M | $906K | 20x | as long as short |
| BingX MAGMA-USDT | +0.0100% | 4h | 0.2288 | +0.055% | — | $1.4M | — | as long as short |
| Variational Omni MAGMA | +0.0100% | 4h | 0.2290 | +0.136% | $11K | $3K | — | as long as short |
| Extended MAGMA-USDshort | +0.0104% | 1h | 0.2286 | −0.024% | $965 | — | 5x |
Aster MAGMAUSDT
Bybit MAGMAUSDT
Gate MAGMA_USDT
MEXC MAGMA_USDT
KuCoin MAGMAUSDTM
Bitget MAGMAUSDT
BingX MAGMA-USDT
Variational Omni MAGMA