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

MAGMA

all MAGMA markets
SwapBacktest
Alert: funding
Measured
My alerts

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.

Alert: spread
My alerts

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 03:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h −0.021%
Price spread now: Gate against Extended+0.119%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 Gate
What this pair did over the last
the charts below follow
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 · farm boardneeds both histories
The price spread pays, funding is against you. Gate is 0.119% dearer against Extended than usual: you sell high and buy low (spread +0.119% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MAGMA-USD0.23180.0144pay 0.0018% / 1h15m 51s$970—5x
ShortGate MAGMA_USDT0.23210.0100get 0.0050% / 4h1h 15m$976K$248K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$9.24
Price spread: +0.119% → 0.000%
$11.91
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$17.33
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; Gate: live order book, 46 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 Gate live order book, 46 min ago8.04 bp56.0 bp −$56doesn't fitdoesn'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
Aster MAGMAUSDT+0.0100%4h0.2318−0.002%$1.4M$352K5xas long as short
Bybit MAGMAUSDT+0.0100%4h0.2318−0.006%$1.7M$1.1M20xas long as short
Gate MAGMA_USDTshort+0.0100%4h0.2321+0.119%$976K$248K20x
KuCoin MAGMAUSDTM+0.0100%4h0.2309−0.390%$269K$31K20xas long as short
Bitget MAGMAUSDT+0.0100%4h0.2321+0.154%$2.2M$941K20xas long as short
Variational Omni MAGMA+0.0100%4h0.2318+0.013%$11K$3K—as long as short
Extended MAGMA-USDlong+0.0144%1h0.2318long leg$970—5x
Binance MAGMAUSDT+0.0147%4h0.2319+0.044%$4.6M$7.0M20xas long as short
BingX MAGMA-USDT+0.0150%4h0.2319+0.067%—$1.4M—as long as short
MEXC MAGMA_USDT+0.0152%4h0.2318+0.029%$11.5M$272K50xas long as short