Funding you earn now, next payment 06:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h −0.008%
Price spread now: Binance against Extended+0.075%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.075% dearer against Extended than usual: you sell high and buy low, +$7 on $10k if it 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 | Extended MAGMA-USD | 0.2381 | 0.0512 | pay 0.0064% / 1h | 38m 07s | $1K | — | 5x |
| Short | Binance MAGMAUSDT | 0.2383 | 0.0515 | get 0.0257% / 4h | 2h 38m | $4.6M | $7.4M | 20x |
Extended MAGMA-USD
Binance MAGMAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0.62
- Price spread: +0.075% → 0.000%
- $7.47
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$6.91
- Costs to cover
- 0.150%
- Break-even
- 85.4 days
Slippage unknown: Extended: no order-book sample; Binance: live order book, 16 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 Binance live order book, 16 min ago | 1.68 bp | 22.9 bp −$23 | 232.3 bp −$2,323 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MAGMAUSDTM | +0.0100% | 4h | 0.2377 | −0.173% | $277K | $36K | 20x | as long as short |
| Variational Omni MAGMA | +0.0100% | 4h | 0.2378 | −0.147% | $12K | $3K | — | as long as short |
| Bybit MAGMAUSDT | +0.0147% | 4h | 0.2381 | −0.014% | $1.7M | $1.2M | 20x | as long as short |
| Bitget MAGMAUSDT | +0.0312% | 4h | 0.2382 | +0.045% | $2.3M | $970K | 20x | as long as short |
| Gate MAGMA_USDT | +0.0402% | 4h | 0.2381 | −0.018% | $1.0M | $265K | 20x | as long as short |
| BingX MAGMA-USDT | +0.0488% | 4h | 0.2384 | +0.129% | — | $1.3M | — | as long as short |
| Extended MAGMA-USDlong | +0.0512% | 1h | 0.2381 | long leg | $1K | — | 5x | |
| Binance MAGMAUSDTshort | +0.0515% | 4h | 0.2383 | +0.075% | $4.6M | $7.4M | 20x | |
| MEXC MAGMA_USDT | +0.0516% | 4h | 0.2382 | +0.041% | $11.8M | $281K | 50x | as long as short |
| Aster MAGMAUSDT | +0.1082% | 4h | 0.2383 | +0.066% | $1.4M | $420K | 5x | as long as short |
KuCoin MAGMAUSDTM
Variational Omni MAGMA
Bybit MAGMAUSDT
Bitget MAGMAUSDT
Gate MAGMA_USDT
BingX MAGMA-USDT
MEXC MAGMA_USDT
Aster MAGMAUSDT