Funding you earn now, next payment 04:00 UTC−0.0124%/8h= −13.6% APRnext payment −$0.62 per $10,000 · paid last 24h −0.024%
Price spread now: Variational Omni against BingX+0.030%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 0.030% dearer against BingX than usual: you sell high and buy low (spread +0.030% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MAGMA-USDT | 0.2331 | 0.0224 | pay 0.0112% / 4h | 29m 27s | — | $1.3M | — |
| Short | Variational Omni MAGMA | 0.2332 | 0.0100 | get 0.0050% / 4h | 29m 27s | $11K | $3K | — |
BingX MAGMA-USDT
Variational Omni MAGMAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$26.04
- Price spread: +0.030% → 0.000%
- $2.97
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$33.07
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 1 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 BingX live order book, 1 min ago | 3.65 bp | 29.6 bp −$30 | 136.3 bp −$1,363 | 1036.9 bp −$103.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MAGMAUSDT | +0.0100% | 4h | 0.2330 | −0.060% | $1.7M | $1.2M | 20x | as long as short |
| KuCoin MAGMAUSDTM | +0.0100% | 4h | 0.2321 | −0.446% | $270K | $30K | 20x | as long as short |
| Variational Omni MAGMAshort | +0.0100% | 4h | 0.2332 | +0.030% | $11K | $3K | — | |
| Bitget MAGMAUSDT | +0.0182% | 4h | 0.2329 | −0.103% | $2.2M | $956K | 20x | as long as short |
| BingX MAGMA-USDTlong | +0.0224% | 4h | 0.2331 | long leg | — | $1.3M | — | |
| MEXC MAGMA_USDT | +0.0270% | 4h | 0.2331 | −0.004% | $11.5M | $263K | 50x | as long as short |
| Binance MAGMAUSDT | +0.0271% | 4h | 0.2331 | −0.034% | $4.6M | $7.2M | 20x | as long as short |
| Extended MAGMA-USD | +0.0272% | 1h | 0.2331 | −0.032% | $975 | — | 5x | as long as short |
| Gate MAGMA_USDT | +0.0330% | 4h | 0.2337 | +0.249% | $982K | $252K | 20x | as long as short |
| Aster MAGMAUSDT | +0.0337% | 4h | 0.2333 | +0.073% | $1.4M | $414K | 5x | as long as short |
Bybit MAGMAUSDT
KuCoin MAGMAUSDTM
Bitget MAGMAUSDT
MEXC MAGMA_USDT
Binance MAGMAUSDT
Extended MAGMA-USD
Gate MAGMA_USDT
Aster MAGMAUSDT