Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.023%
Price spread now: KuCoin against Extended−0.117%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
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.117% cheaper against Extended than usual: you would sell low and buy high (−$12 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 | 0.2298 | 0.0200 | pay 0.0025% / 1h | 1m 35s | $965 | — | 5x |
| Short | KuCoin MAGMAUSDTM | 0.2295 | 0.0100 | get 0.0050% / 4h | 2h 01m | $267K | $31K | 20x |
Extended MAGMA-USD
KuCoin MAGMAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$21
- Price spread: −0.117% → 0.000%
- −$11.66
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$49.66
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; KuCoin: live order book, 34 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 KuCoin live order book, 34 min ago | 48.58 bp | 95.9 bp −$96 | 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 MAGMAUSDT | +0.0100% | 4h | 0.2300 | +0.091% | $1.4M | $352K | 5x | as long as short |
| Bybit MAGMAUSDT | +0.0100% | 4h | 0.2299 | +0.040% | $1.7M | $1.1M | 20x | as long as short |
| KuCoin MAGMAUSDTMshort | +0.0100% | 4h | 0.2295 | −0.117% | $267K | $31K | 20x | |
| Bitget MAGMAUSDT | +0.0100% | 4h | 0.2301 | +0.149% | $2.2M | $936K | 20x | as long as short |
| Variational Omni MAGMA | +0.0100% | 4h | 0.2286 | −0.521% | $11K | $3K | — | as long as short |
| Gate MAGMA_USDT | +0.0164% | 4h | 0.2303 | +0.218% | $968K | $247K | 20x | as long as short |
| MEXC MAGMA_USDT | +0.0196% | 4h | 0.2300 | +0.071% | $11.4M | $275K | 50x | as long as short |
| Binance MAGMAUSDT | +0.0198% | 4h | 0.2299 | +0.027% | $4.5M | $7.1M | 20x | as long as short |
| Extended MAGMA-USDlong | +0.0200% | 1h | 0.2298 | long leg | $965 | — | 5x | |
| BingX MAGMA-USDT | +0.0208% | 4h | 0.2299 | +0.040% | — | $1.4M | — | as long as short |
Aster MAGMAUSDT
Bybit MAGMAUSDT
Bitget MAGMAUSDT
Variational Omni MAGMA
Gate MAGMA_USDT
MEXC MAGMA_USDT
Binance MAGMAUSDT
BingX MAGMA-USDT