Settings8H · net · $10k
Funding arb · Price arb /

MAGMA

all MAGMA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.169%
Price spread now: Aster against Bitget−0.219%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1001.004% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.643%+$64 on $10k
Price spread, last 7 days+0.233%+$23 · spread now −0.219%, 7d avg +0.042%
Together, before fees+0.876%+ Points / potential airdropAster: Stage 5 · farm board+$88 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.260% cheaper against Bitget than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MAGMAUSDT0.23010.0100pay 0.0050% / 4h3h 46m$2.2M$906K20x
ShortAster MAGMAUSDT0.22960.0100get 0.0050% / 4h3h 46m$1.4M$354K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.219% → +0.042%
−$26.04
Slippage, 4 orders
−$80.45
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$126.49
Costs to cover
1.004%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; Aster: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago4.59 bp24.8 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 1 min ago4.79 bp24.9 bp −$25doesn't fitdoesn't fitdoesn't fit

MAGMA on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MAGMAUSDTshort+0.0100%4h0.2296−0.219%$1.4M$354K5x
Binance MAGMAUSDT+0.0100%4h0.2300−0.061%$4.6M$6.9M20xas long as short
MEXC MAGMA_USDT+0.0100%4h0.2302+0.043%$11.4M$270K50xas long as short
KuCoin MAGMAUSDTM+0.0100%4h0.2292−0.408%$267K$31K20xas long as short
Bitget MAGMAUSDTlong+0.0100%4h0.2301long leg$2.2M$906K20x
BingX MAGMA-USDT+0.0100%4h0.2299−0.113%$1.4Mas long as short
Variational Omni MAGMA+0.0100%4h0.2285−0.706%$11K$3Kas long as short
Extended MAGMA-USD+0.0104%1h0.2302+0.029%$9655xas long as short
Bybit MAGMAUSDT+0.0239%4h0.2299−0.104%$1.7M$1.1M20xas long as short
Gate MAGMA_USDT+0.0292%4h0.2303+0.078%$970K$230K20xas long as short