Funding you earn now, next payment 04:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h −0.025%
Price spread now: Variational Omni against Extended−0.048%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Variational Omni is 0.048% cheaper against Extended than usual: you would sell low and buy high (−$5 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 | 0.2333 | 0.0272 | pay 0.0034% / 1h | 28m 25s | $980 | — | 5x |
| Short | Variational Omni MAGMA | 0.2332 | 0.0100 | get 0.0050% / 4h | 28m 25s | $11K | $3K | — |
Extended MAGMA-USD
Variational Omni MAGMAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$36.12
- Price spread: −0.048% → 0.000%
- −$4.78
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$45.9
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Variational Omni: no order-book sample. 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 Variational Omni no order-book sample | — | — | — | — | — |
Extended and Variational Omni: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MAGMAUSDT | +0.0100% | 4h | 0.2327 | −0.253% | $1.7M | $1.2M | 20x | as long as short |
| KuCoin MAGMAUSDTM | +0.0100% | 4h | 0.2321 | −0.523% | $270K | $30K | 20x | as long as short |
| Variational Omni MAGMAshort | +0.0100% | 4h | 0.2332 | −0.048% | $11K | $3K | — | |
| Bitget MAGMAUSDT | +0.0190% | 4h | 0.2330 | −0.150% | $2.2M | $958K | 20x | as long as short |
| BingX MAGMA-USDT | +0.0224% | 4h | 0.2327 | −0.258% | — | $1.3M | — | as long as short |
| MEXC MAGMA_USDT | +0.0270% | 4h | 0.2332 | −0.052% | $11.5M | $264K | 50x | as long as short |
| Extended MAGMA-USDlong | +0.0272% | 1h | 0.2333 | long leg | $980 | — | 5x | |
| Binance MAGMAUSDT | +0.0278% | 4h | 0.2327 | −0.249% | $4.5M | $7.2M | 20x | as long as short |
| Gate MAGMA_USDT | +0.0336% | 4h | 0.2333 | −0.017% | $981K | $252K | 20x | as long as short |
| Aster MAGMAUSDT | +0.0357% | 4h | 0.2334 | +0.038% | $1.4M | $414K | 5x | as long as short |
Bybit MAGMAUSDT
KuCoin MAGMAUSDTM
Bitget MAGMAUSDT
BingX MAGMA-USDT
MEXC MAGMA_USDT
Binance MAGMAUSDT
Gate MAGMA_USDT
Aster MAGMAUSDT