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 06:00 UTC−0.0014%/8h= −1.5% APRpaid last 24h −0.009%
Price spread now: MEXC against Extended+0.026%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 MEXC
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. MEXC is 0.026% dearer against Extended than usual: you sell high and buy low (spread +0.026% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 6.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MAGMA-USD0.23880.0528pay 0.0066% / 1h36m 17s$1K—5x
ShortMEXC MAGMA_USDT0.23890.0514get 0.0257% / 4h2h 36m$11.8M$282K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$2.94
Price spread: +0.026% → 0.000%
$2.6
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$9.34
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; MEXC: 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 MEXC live order book, 2 min ago1.68 bp16.0 bp −$1665.0 bp −$650577.1 bp −$57.7Kdoesn'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
KuCoin MAGMAUSDTM+0.0100%4h0.2385−0.129%$278K$36K20xas long as short
Variational Omni MAGMA+0.0100%4h0.2378−0.429%$12K$3K—as long as short
Bybit MAGMAUSDT+0.0242%4h0.2388+0.005%$1.7M$1.2M20xas long as short
Bitget MAGMAUSDT+0.0322%4h0.2384−0.171%$2.3M$970K20xas long as short
Gate MAGMA_USDT+0.0438%4h0.2392+0.194%$1.0M$265K20xas long as short
BingX MAGMA-USDT+0.0492%4h0.2388+0.022%—$1.3M—as long as short
MEXC MAGMA_USDTshort+0.0514%4h0.2389+0.026%$11.8M$282K50x
Binance MAGMAUSDT+0.0526%4h0.2389+0.026%$4.6M$7.4M20xas long as short
Extended MAGMA-USDlong+0.0528%1h0.2388long leg$1K—5x
Aster MAGMAUSDT+0.1095%4h0.2385−0.141%$1.4M$420K5xas long as short