Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Gate against Bybit+0.088%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$252as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2522.525% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.088%, 7d avg +0.074%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MAGMAUSDT | 0.2270 | 0.0100 | pay 0.0050% / 4h | 29m 05s | $1.7M | $1.1M | 20x |
| Short | Gate MAGMA_USDT | 0.2272 | 0.0100 | get 0.0050% / 4h | 29m 05s | $959K | $228K | 20x |
Bybit MAGMAUSDT
Gate MAGMA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: +0.088% → +0.074%
- $1.39
- Slippage, 4 orders
- −$226.49
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$251.1
- Costs to cover
- 2.525%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 48 min ago.
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 | 2.20 bp | 57.1 bp −$57 | 1108.5 bp −$11.1K | doesn't fit | doesn't fit |
| Sell Gate live order book, 48 min ago | 11.19 bp | 65.2 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.2270 | +0.029% | $1.3M | $354K | 5x | as long as short |
| Binance MAGMAUSDT | +0.0100% | 4h | 0.2272 | +0.114% | $4.5M | $6.9M | 20x | as long as short |
| Bybit MAGMAUSDTlong | +0.0100% | 4h | 0.2270 | long leg | $1.7M | $1.1M | 20x | |
| Gate MAGMA_USDTshort | +0.0100% | 4h | 0.2272 | +0.088% | $959K | $228K | 20x | |
| MEXC MAGMA_USDT | +0.0100% | 4h | 0.2272 | +0.110% | $11.2M | $269K | 50x | as long as short |
| KuCoin MAGMAUSDTM | +0.0100% | 4h | 0.2267 | −0.110% | $264K | $31K | 20x | as long as short |
| Bitget MAGMAUSDT | +0.0100% | 4h | 0.2274 | +0.189% | $2.2M | $899K | 20x | as long as short |
| BingX MAGMA-USDT | +0.0100% | 4h | 0.2273 | +0.163% | — | $1.4M | — | as long as short |
| Variational Omni MAGMA | +0.0100% | 4h | 0.2270 | +0.006% | $11K | $3K | — | as long as short |
| Extended MAGMA-USD | +0.0104% | 1h | 0.2271 | +0.077% | $955 | — | 5x | as long as short |
Aster MAGMAUSDT
Binance MAGMAUSDT
MEXC MAGMA_USDT
KuCoin MAGMAUSDTM
Bitget MAGMAUSDT
BingX MAGMA-USDT
Variational Omni MAGMA
Extended MAGMA-USD