Funding you earn now, next payment 02:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h +0.161%
Price spread now: Aster against Extended−0.144%7-day average — · you buy dearer than you sell
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
=Together, before fees—+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.144% cheaper against Extended than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MAGMA-USD | 0.2283 | 0.0120 | pay 0.0015% / 1h | 53m 36s | $960 | — | 5x |
| Short | Aster MAGMAUSDT | 0.2280 | 0.0100 | get 0.0050% / 4h | 2h 53m | $1.4M | $354K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Extended. 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
- −$4.2
- Price spread: −0.144% → 0.000%
- −$14.37
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$31.57
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Aster: live order book, 5 min ago. 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 Extended no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 5 min ago | 6.33 bp | 25.2 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
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 MAGMAUSDTshort | +0.0100% | 4h | 0.2280 | −0.144% | $1.4M | $354K | 5x | |
| Bybit MAGMAUSDT | +0.0100% | 4h | 0.2281 | −0.108% | $1.6M | $1.1M | 20x | as long as short |
| KuCoin MAGMAUSDTM | +0.0100% | 4h | 0.2277 | −0.249% | $265K | $31K | 20x | as long as short |
| Bitget MAGMAUSDT | +0.0100% | 4h | 0.2285 | +0.080% | $2.2M | $926K | 20x | as long as short |
| Variational Omni MAGMA | +0.0100% | 4h | 0.2281 | −0.080% | $11K | $3K | — | as long as short |
| Binance MAGMAUSDT | +0.0117% | 4h | 0.2284 | +0.062% | $4.5M | $7.0M | 20x | as long as short |
| Extended MAGMA-USDlong | +0.0120% | 1h | 0.2283 | long leg | $960 | — | 5x | |
| MEXC MAGMA_USDT | +0.0122% | 4h | 0.2283 | +0.014% | $11.3M | $271K | 50x | as long as short |
| BingX MAGMA-USDT | +0.0126% | 4h | 0.2284 | +0.032% | — | $1.4M | — | as long as short |
| Gate MAGMA_USDT | +0.0146% | 4h | 0.2284 | +0.049% | $960K | $237K | 20x | as long as short |
Extended MAGMA-USD
Aster MAGMAUSDT
Bybit MAGMAUSDT
KuCoin MAGMAUSDTM
Bitget MAGMAUSDT
Variational Omni MAGMA
Binance MAGMAUSDT
MEXC MAGMA_USDT
BingX MAGMA-USDT
Gate MAGMA_USDT