Settings8H · net · $10k
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Funding arb · Price arb / Crypto

MAGMA

All MAGMA markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
GateMAGMA_USDT
0.2297+0.0100pay 0.0050% / 4h18m 14s$961K$540K20xLong Gate
SHORT
AsterMAGMAUSDT
0.2299+0.0100get 0.0050% / 4h18m 14s$234K$40K5xShort Aster≤10% back
Price gap+0.072%
Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$30.0000% /8h now · paid +0.028% over the last 7D
Price+$2spread +0.072% now, avg +0.052% → +0.020% if it goes back
Costs−$1661.663% of $10k · taker + slippage, in and out
Result−$161−1.61%+ Points / potential airdropAster: Stage 5 · farm board

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.072%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MAGMA on 10 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size58.4 / 18.3 bp
    At $10k entering Gate costs 58.4 bp, fee and slippage, 3.2× Aster’s.
  • Note: Margin at max leverage$500 + $2,000
    Gate 20x, Aster 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: $0.00Long Gate: 6 payments, −$3.00; short Aster: 6 payments, +$3.00.
  • Note: Gap at its usual level+0.072% vs +0.052%
    The price leg adds little either way.
  • Watch: Short leg is thinner$234K vs $961K OI
    Aster sets your exit cost. Check its book before closing.
  • OK: Points on a legAster Stage 5
    Volume here counts toward the points program.
  • Watch: KYCGate Yes · Aster No
    KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0014%/8h × 21 periods+$2.85
Price spread+0.072% → +0.052% (7d avg)+$1.99
Slippage, 4 orderslive order books−$143.30
Fee Gate bp × 2 orders−$15.00
Fee Aster bp × 2 orders−$8.00
Net · 7 days · $10k−$161.46
Costs to cover1.663%Break-even403.7 days
Slippage: Gate: live order book, 24 min ago; Aster: live order book, 24 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGGate3.2358.4 bp−$58doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTAster3.4518.3 bp−$18236.8 bp−$2,368doesn’t fitdoesn’t fit

Closing costs about the same again.

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