Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.003%
Price spread now: Extended against BingX−0.022%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Extended is 0.022% cheaper against BingX than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 2.3 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MAGMA-USDT | 0.2379 | 0.0488 | pay 0.0244% / 4h | 2h 39m | — | $1.4M | — |
| Short | Extended MAGMA-USD | 0.2379 | 0.0520 | get 0.0065% / 1h | 39m 02s | $1K | — | 5x |
BingX MAGMA-USDT
Extended MAGMA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $6.72
- Price spread: −0.022% → 0.000%
- −$2.2
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$10.48
- Costs to cover
- 0.150%
- Break-even
- 17.9 days
Slippage unknown: BingX: live order book, 3 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 BingX live order book, 3 min ago | 4.62 bp | 19.2 bp −$19 | 111.2 bp −$1,112 | 1121.1 bp −$112.1K | 1439.0 bp −$719.5K |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MAGMAUSDTM | +0.0100% | 4h | 0.2376 | −0.130% | $277K | $36K | 20x | as long as short |
| Variational Omni MAGMA | +0.0100% | 4h | 0.2378 | −0.070% | $12K | $3K | — | as long as short |
| Bybit MAGMAUSDT | +0.0151% | 4h | 0.2377 | −0.097% | $1.7M | $1.2M | 20x | as long as short |
| Bitget MAGMAUSDT | +0.0314% | 4h | 0.2378 | −0.042% | $2.3M | $970K | 20x | as long as short |
| Gate MAGMA_USDT | +0.0408% | 4h | 0.2381 | +0.059% | $1.0M | $265K | 20x | as long as short |
| BingX MAGMA-USDTlong | +0.0488% | 4h | 0.2379 | long leg | — | $1.4M | — | |
| Binance MAGMAUSDT | +0.0517% | 4h | 0.2379 | −0.007% | $4.6M | $7.4M | 20x | as long as short |
| Extended MAGMA-USDshort | +0.0520% | 1h | 0.2379 | −0.022% | $1K | — | 5x | |
| MEXC MAGMA_USDT | +0.0522% | 4h | 0.2380 | +0.013% | $11.8M | $281K | 50x | as long as short |
| Aster MAGMAUSDT | +0.1082% | 4h | 0.2381 | +0.079% | $1.4M | $420K | 5x | as long as short |
KuCoin MAGMAUSDTM
Variational Omni MAGMA
Bybit MAGMAUSDT
Bitget MAGMAUSDT
Gate MAGMA_USDT
Binance MAGMAUSDT
MEXC MAGMA_USDT
Aster MAGMAUSDT