MAGMA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0224%/8h= −24.5% APRnext payment −$1.12 per $10,000 · paid last 24h −0.019%

Price spread now: Variational Omni against Bitget+0.041%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 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 0.041% dearer against Bitget than usual: you sell high and buy low (spread +0.041% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 15 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MAGMAUSDT	0.2384	0.0324	pay 0.0162% / 4h	2h 43m	$2.3M	$967K	20x
Short	Variational Omni MAGMA	0.2385	0.0100	get 0.0050% / 4h	2h 43m	$12K	$3K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee BitgetbpFee Variational OmnibpOrdersPrice spread, now +0.041%Rate

Funding earned: −$47.04
Price spread: +0.041% → 0.000%: $4.12
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$54.92
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 4 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 Bitget live order book, 4 min ago	6.50 bp	31.4 bp −$31	doesn't fit	doesn't fit	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
KuCoin MAGMAUSDTM	+0.0100%	4h	0.2372	−0.487%	$276K	$36K	20x	as long as short
Variational Omni MAGMAshort	+0.0100%	4h	0.2385	+0.041%	$12K	$3K	—
Bybit MAGMAUSDT	+0.0247%	4h	0.2381	−0.105%	$1.7M	$1.2M	20x	as long as short
Bitget MAGMAUSDTlong	+0.0324%	4h	0.2384	long leg	$2.3M	$967K	20x
Gate MAGMA_USDT	+0.0428%	4h	0.2382	−0.059%	$1.0M	$264K	20x	as long as short
BingX MAGMA-USDT	+0.0480%	4h	0.2385	+0.076%	—	$1.3M	—	as long as short
Extended MAGMA-USD	+0.0512%	1h	0.2379	−0.191%	$1K	—	5x	as long as short
MEXC MAGMA_USDT	+0.0512%	4h	0.2380	−0.155%	$11.8M	$280K	50x	as long as short
Binance MAGMAUSDT	+0.0513%	4h	0.2382	−0.063%	$4.6M	$7.4M	20x	as long as short
Aster MAGMAUSDT	+0.1075%	4h	0.2383	−0.039%	$1.4M	$420K	5x	as long as short