Funding you earn now, next payment 02:00 UTC−0.0108%/8h= −11.8% APRpaid last 24h −0.023%
Price spread now: Bybit against Extended+0.017%7-day average — · you sell dearer than you buy
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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MAGMA-USD | 0.2290 | 0.0208 | pay 0.0026% / 1h | 5m 52s | $960 | — | 5x |
| Short | Bybit MAGMAUSDT | 0.2291 | 0.0100 | get 0.0050% / 4h | 2h 05m | $1.7M | $1.1M | 20x |
Extended MAGMA-USD
Bybit MAGMAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$22.68
- Price spread: +0.017% → 0.000%
- $1.66
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$37.02
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Bybit: live order book, 6 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 Bybit live order book, 6 min ago | 2.18 bp | 58.5 bp −$59 | 525.0 bp −$5,250 | 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 MAGMAUSDT | +0.0100% | 4h | 0.2288 | −0.105% | $1.4M | $352K | 5x | as long as short |
| Bybit MAGMAUSDTshort | +0.0100% | 4h | 0.2291 | +0.017% | $1.7M | $1.1M | 20x | |
| KuCoin MAGMAUSDTM | +0.0100% | 4h | 0.2288 | −0.088% | $266K | $31K | 20x | as long as short |
| Bitget MAGMAUSDT | +0.0100% | 4h | 0.2294 | +0.174% | $2.2M | $936K | 20x | as long as short |
| Variational Omni MAGMA | +0.0100% | 4h | 0.2286 | −0.180% | $11K | $3K | — | as long as short |
| Gate MAGMA_USDT | +0.0192% | 4h | 0.2295 | +0.196% | $965K | $246K | 20x | as long as short |
| Binance MAGMAUSDT | +0.0205% | 4h | 0.2292 | +0.069% | $4.5M | $7.1M | 20x | as long as short |
| MEXC MAGMA_USDT | +0.0206% | 4h | 0.2292 | +0.065% | $11.3M | $274K | 50x | as long as short |
| Extended MAGMA-USDlong | +0.0208% | 1h | 0.2290 | long leg | $960 | — | 5x | |
| BingX MAGMA-USDT | +0.0230% | 4h | 0.2293 | +0.126% | — | $1.4M | — | as long as short |
Aster MAGMAUSDT
KuCoin MAGMAUSDTM
Bitget MAGMAUSDT
Variational Omni MAGMA
Gate MAGMA_USDT
Binance MAGMAUSDT
MEXC MAGMA_USDT
BingX MAGMA-USDT