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Funding arb · Price arb /

MAGMA

all MAGMA markets
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Alert: funding
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Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 07:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h +0.003%
Price spread now: BingX against Extended+0.086%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on ExtendedShort on BingX
What this pair did over the last
the charts below follow
Funding, last 6 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 · farm boardneeds both histories
The price spread pays, funding is against you. BingX is 0.086% dearer against Extended than usual: you sell high and buy low (spread +0.086% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MAGMA-USD0.24010.0648pay 0.0081% / 1h59m 05s$1K—5x
ShortBingX MAGMA-USDT0.24030.0614get 0.0307% / 4h1h 59m—$1.4M—

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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
−$7.14
Price spread: +0.086% → 0.000%
$8.58
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$13.56
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; BingX: live order book, 2 min ago. 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 Extended no order-book sample—————
Sell BingX live order book, 2 min ago3.32 bp16.7 bp −$1794.6 bp −$946doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MAGMAUSDT+0.0100%4h0.2402+0.069%$1.7M$1.3M20xas long as short
KuCoin MAGMAUSDTM+0.0100%4h0.2403+0.094%$280K$36K20xas long as short
Variational Omni MAGMA+0.0100%4h0.2404+0.117%$12K$3K—as long as short
Gate MAGMA_USDT+0.0320%4h0.2402+0.073%$1.0M$267K20xas long as short
Bitget MAGMAUSDT+0.0374%4h0.2402+0.057%$2.3M$980K20xas long as short
BingX MAGMA-USDTshort+0.0614%4h0.2403+0.086%—$1.4M—
Extended MAGMA-USDlong+0.0648%1h0.2401long leg$1K—5x
MEXC MAGMA_USDT+0.0648%4h0.2402+0.065%$12.0M$298K50xas long as short
Binance MAGMAUSDT+0.0648%4h0.2401+0.004%$4.6M$7.7M20xas long as short
Aster MAGMAUSDT+0.1210%4h0.2405+0.167%$1.4M$421K5xas long as short