MAGMA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.008%

Price spread now: BingX against Bitget−0.073%7-day average −0.065% · you buy dearer than you sell

Net, funding: paid 7d − costs−$110as in the Funding arb table

Net, price: spread back to 7d avg − costs−$114as in the Price arb table

costs, in and out, $10k−$1141.136% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.040%+$4 on $10k

Price spread, last 7 days+0.022%+$2 · spread now −0.073%, 7d avg −0.065%

Together, before fees+0.061%+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.065%, so right now this pair is about funding alone: +$1 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	0.2319	0.0100	pay 0.0050% / 4h	1h 17m	$2.2M	$941K	20x
Short	BingX MAGMA-USDT	0.2317	0.0150	get 0.0075% / 4h	1h 17m	—	$1.3M	—

Funding history

latest

Range statsloading…

BingX 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 BingXbpOrdersPrice spread, now −0.073%Rate

Slippage from Bitget: live order book, 5 min ago; BingX: live order book, 5 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, 5 min ago	4.53 bp	24.5 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	2.81 bp	34.3 bp −$34	116.6 bp −$1,166	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	0.2316	−0.099%	$1.4M	$352K	5x	as long as short
Bybit MAGMAUSDT	+0.0100%	4h	0.2316	−0.116%	$1.7M	$1.1M	20x	as long as short
Gate MAGMA_USDT	+0.0100%	4h	0.2319	+0.035%	$976K	$248K	20x	as long as short
KuCoin MAGMAUSDTM	+0.0100%	4h	0.2308	−0.453%	$268K	$31K	20x	as long as short
Bitget MAGMAUSDTlong	+0.0100%	4h	0.2319	long leg	$2.2M	$941K	20x
Variational Omni MAGMA	+0.0100%	4h	0.2315	−0.156%	$11K	$3K	—	as long as short
BingX MAGMA-USDTshort	+0.0150%	4h	0.2317	−0.073%	—	$1.3M	—
Extended MAGMA-USD	+0.0152%	1h	0.2315	−0.171%	$970	—	5x	as long as short
MEXC MAGMA_USDT	+0.0152%	4h	0.2315	−0.147%	$11.5M	$272K	50x	as long as short
Binance MAGMAUSDT	+0.0153%	4h	0.2315	−0.139%	$4.6M	$7.0M	20x	as long as short