Settings8H · net · $10k
Funding arb · Price arb /

MAGMA

all MAGMA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Bybit+0.133%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.133% dearer against Bybit than usual: you sell high and buy low, +$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MAGMAUSDT0.23290.0100pay 0.0050% / 4h27m 22s$1.7M$1.2M20x
ShortVariational Omni MAGMA0.23320.0100get 0.0050% / 4h27m 22s$11K$3K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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

Funding earned
$0
Price spread: +0.133% → 0.000%
$13.28
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$2.28
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Bybit: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago2.14 bp52.4 bp −$521034.9 bp −$10.3Kdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MAGMAUSDTlong+0.0100%4h0.2329long leg$1.7M$1.2M20x
KuCoin MAGMAUSDTM+0.0100%4h0.2321−0.343%$270K$30K20xas long as short
Variational Omni MAGMAshort+0.0100%4h0.2332+0.133%$11K$3K
Bitget MAGMAUSDT+0.0194%4h0.2330+0.030%$2.3M$958K20xas long as short
BingX MAGMA-USDT+0.0270%4h0.2329+0.004%$1.3Mas long as short
MEXC MAGMA_USDT+0.0276%4h0.2330+0.030%$11.5M$264K50xas long as short
Extended MAGMA-USD+0.0280%1h0.2329−0.011%$9805xas long as short
Binance MAGMAUSDT+0.0282%4h0.2330+0.036%$4.6M$7.2M20xas long as short
Gate MAGMA_USDT+0.0342%4h0.2332+0.133%$981K$252K20xas long as short
Aster MAGMAUSDT+0.0373%4h0.2334+0.219%$1.4M$414K5xas long as short