Funding you earn now, next payment 02:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h +0.023%
Price spread now: Extended against Bybit+0.116%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.116% dearer against Bybit than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MAGMAUSDT | 0.2288 | 0.0100 | pay 0.0050% / 4h | 2h 48m | $1.7M | $1.1M | 20x |
| Short | Extended MAGMA-USD | 0.2291 | 0.0176 | get 0.0022% / 1h | 48m 54s | $960 | — | 5x |
Bybit MAGMAUSDT
Extended MAGMA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. 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
- $15.96
- Price spread: +0.116% → 0.000%
- $11.56
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $11.52
- Costs to cover
- 0.160%
- Break-even
- 1.9 days
Slippage unknown: Bybit: live order book, 2 min ago; Extended: 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 Bybit live order book, 2 min ago | 2.19 bp | 60.7 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended no order-book sample | — | — | — | — | — |
Extended: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MAGMAUSDT | +0.0100% | 4h | 0.2288 | +0.013% | $1.4M | $354K | 5x | as long as short |
| Bybit MAGMAUSDTlong | +0.0100% | 4h | 0.2288 | long leg | $1.7M | $1.1M | 20x | |
| KuCoin MAGMAUSDTM | +0.0100% | 4h | 0.2282 | −0.258% | $265K | $31K | 20x | as long as short |
| Bitget MAGMAUSDT | +0.0100% | 4h | 0.2291 | +0.122% | $2.2M | $927K | 20x | as long as short |
| Variational Omni MAGMA | +0.0100% | 4h | 0.2289 | +0.050% | $11K | $3K | — | as long as short |
| BingX MAGMA-USDT | +0.0124% | 4h | 0.2290 | +0.079% | — | $1.4M | — | as long as short |
| MEXC MAGMA_USDT | +0.0150% | 4h | 0.2289 | +0.039% | $11.3M | $271K | 50x | as long as short |
| Binance MAGMAUSDT | +0.0173% | 4h | 0.2288 | +0.022% | $4.5M | $7.0M | 20x | as long as short |
| Extended MAGMA-USDshort | +0.0176% | 1h | 0.2291 | +0.116% | $960 | — | 5x | |
| Gate MAGMA_USDT | +0.0396% | 4h | 0.2291 | +0.131% | $966K | $241K | 20x | as long as short |
Aster MAGMAUSDT
KuCoin MAGMAUSDTM
Bitget MAGMAUSDT
Variational Omni MAGMA
BingX MAGMA-USDT
MEXC MAGMA_USDT
Binance MAGMAUSDT
Gate MAGMA_USDT