MAGMA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0110%/8h= +12.0% APRnext payment +$0.55 per $10,000 · paid last 24h −0.003%

Price spread now: Binance against Bitget−0.025%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$107as in the Price arb table

costs, in and out, $10k−$1091.094% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.026%+$3 on $10k

Price spread, last 7 days+0.029%+$3 · spread now −0.025%, 7d avg −0.044%

Together, before fees+0.055%+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.044%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MAGMAUSDT	0.2293	0.0100	pay 0.0050% / 4h	2h 08m	$2.2M	$936K	20x
Short	Binance MAGMAUSDT	0.2292	0.0210	get 0.0105% / 4h	2h 08m	$4.5M	$7.1M	20x

Funding history

latest

Range statsloading…

Binance against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BitgetbpFee BinancebpOrdersPrice spread, now −0.025%Rate

Slippage from Bitget: live order book, 4 min ago; Binance: live order book, 15 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 4 min ago	5.43 bp	23.6 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	1.52 bp	32.6 bp −$33	297.9 bp −$2,979	doesn't fit	doesn't fit

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	0.2289	−0.180%	$1.4M	$352K	5x	as long as short
Bybit MAGMAUSDT	+0.0100%	4h	0.2288	−0.218%	$1.6M	$1.1M	20x	as long as short
KuCoin MAGMAUSDTM	+0.0100%	4h	0.2286	−0.279%	$266K	$31K	20x	as long as short
Bitget MAGMAUSDTlong	+0.0100%	4h	0.2293	long leg	$2.2M	$936K	20x
Variational Omni MAGMA	+0.0100%	4h	0.2296	+0.144%	$11K	$3K	—	as long as short
Gate MAGMA_USDT	+0.0190%	4h	0.2292	−0.017%	$964K	$246K	20x	as long as short
Extended MAGMA-USD	+0.0208%	1h	0.2291	−0.075%	$965	—	5x	as long as short
MEXC MAGMA_USDT	+0.0208%	4h	0.2292	−0.035%	$11.3M	$274K	50x	as long as short
Binance MAGMAUSDTshort	+0.0210%	4h	0.2292	−0.025%	$4.5M	$7.1M	20x
BingX MAGMA-USDT	+0.0238%	4h	0.2291	−0.061%	—	$1.4M	—	as long as short