Funding you earn now, next payment 04:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h +0.160%
Price spread now: Aster against BingX+0.025%7-day average +0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$940.944% of the position
Funding, last 5 days (all we have)+0.603%+$60 on $10k
+Price spread, last 7 days+0.056%+$6 · spread now +0.025%, 7d avg +0.109%
=Together, before fees+0.659%+ Points / potential airdropAster: Stage 5 · farm board+$66 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.084% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.109%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.603%, 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 | BingX MAGMA-USDT | 0.2280 | 0.0126 | pay 0.0063% / 4h | 2h 55m | — | $1.4M | — |
| Short | Aster MAGMAUSDT | 0.2281 | 0.0100 | get 0.0050% / 4h | 2h 55m | $1.4M | $354K | 5x |
BingX MAGMA-USDT
Aster MAGMAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BingX. 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
- −$5.46
- Price spread: +0.025% → +0.109%
- −$8.4
- Slippage, 4 orders
- −$76.43
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$108.29
- Costs to cover
- 0.944%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Aster: live order book, 3 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 BingX live order book, 6 min ago | 3.72 bp | 24.3 bp −$24 | 137.2 bp −$1,372 | 897.1 bp −$89.7K | 1050.4 bp −$525.2K |
| Sell Aster live order book, 3 min ago | 6.33 bp | 25.2 bp −$25 | 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 | 0.2281 | +0.025% | $1.4M | $354K | 5x | |
| Bybit MAGMAUSDT | +0.0100% | 4h | 0.2278 | −0.070% | $1.6M | $1.1M | 20x | as long as short |
| KuCoin MAGMAUSDTM | +0.0100% | 4h | 0.2280 | −0.013% | $265K | $31K | 20x | as long as short |
| Bitget MAGMAUSDT | +0.0100% | 4h | 0.2279 | −0.044% | $2.2M | $924K | 20x | as long as short |
| Variational Omni MAGMA | +0.0100% | 4h | 0.2281 | +0.050% | $11K | $3K | — | as long as short |
| BingX MAGMA-USDTlong | +0.0126% | 4h | 0.2280 | long leg | — | $1.4M | — | |
| Extended MAGMA-USD | +0.0128% | 1h | 0.2278 | −0.068% | $960 | — | 5x | as long as short |
| MEXC MAGMA_USDT | +0.0128% | 4h | 0.2279 | −0.031% | $11.3M | $271K | 50x | as long as short |
| Binance MAGMAUSDT | +0.0130% | 4h | 0.2279 | −0.027% | $4.5M | $7.0M | 20x | as long as short |
| Gate MAGMA_USDT | +0.0138% | 4h | 0.2285 | +0.215% | $961K | $237K | 20x | as long as short |
Bybit MAGMAUSDT
KuCoin MAGMAUSDTM
Bitget MAGMAUSDT
Variational Omni MAGMA
Extended MAGMA-USD
MEXC MAGMA_USDT
Binance MAGMAUSDT
Gate MAGMA_USDT