Funding you earn now, next payment 04:00 UTC−0.0105%/8h= −11.5% APRnext payment −$0.53 per $10,000 · paid last 24h −0.012%
Price spread now: Variational Omni against Binance+0.389%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.389% dearer against Binance than usual: you sell high and buy low (spread +0.389% now, against zero (this spread has no 7-day history yet)): +$39 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MAGMAUSDT | 0.2287 | 0.0205 | pay 0.0103% / 4h | 2h 06m | $4.5M | $7.1M | 20x |
| Short | Variational Omni MAGMA | 0.2296 | 0.0100 | get 0.0050% / 4h | 2h 06m | $11K | $3K | — |
Binance MAGMAUSDT
Variational Omni MAGMAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$22.06
- Price spread: +0.389% → 0.000%
- $38.9
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $6.85
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 2 min ago; Variational Omni: 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, 2 min ago | 3.49 bp | 34.6 bp −$35 | 443.4 bp −$4,434 | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: 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 | 0.2287 | +0.001% | $1.4M | $352K | 5x | as long as short |
| Bybit MAGMAUSDT | +0.0100% | 4h | 0.2286 | −0.035% | $1.6M | $1.1M | 20x | as long as short |
| KuCoin MAGMAUSDTM | +0.0100% | 4h | 0.2287 | −0.009% | $266K | $31K | 20x | as long as short |
| Bitget MAGMAUSDT | +0.0100% | 4h | 0.2289 | +0.083% | $2.2M | $936K | 20x | as long as short |
| Variational Omni MAGMAshort | +0.0100% | 4h | 0.2296 | +0.389% | $11K | $3K | — | |
| Gate MAGMA_USDT | +0.0192% | 4h | 0.2292 | +0.197% | $964K | $246K | 20x | as long as short |
| Binance MAGMAUSDTlong | +0.0205% | 4h | 0.2287 | long leg | $4.5M | $7.1M | 20x | |
| MEXC MAGMA_USDT | +0.0206% | 4h | 0.2288 | +0.044% | $11.3M | $274K | 50x | as long as short |
| Extended MAGMA-USD | +0.0208% | 1h | 0.2288 | +0.020% | $960 | — | 5x | as long as short |
| BingX MAGMA-USDT | +0.0230% | 4h | 0.2288 | +0.013% | — | $1.4M | — | as long as short |
Aster MAGMAUSDT
Bybit MAGMAUSDT
KuCoin MAGMAUSDTM
Bitget MAGMAUSDT
Gate MAGMA_USDT
MEXC MAGMA_USDT
Extended MAGMA-USD
BingX MAGMA-USDT