Funding you earn now, next payment 08:00 UTC+0.0880%/8h= +96.3% APRnext payment +$4.40 per $10,000 · paid last 24h +0.164%
Price spread now: Aster against Gate−0.315%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$1701.700% of the position
Funding, last 6 days (all we have)+0.665%+$66 on $10k
+Price spread, last 4 days (all we have)+0.256%+$26 · spread now −0.315%, 7d avg +0.034%
=Together, before fees+0.921%+ Points / potential airdropAster: Stage 5 · farm board+$92 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.350% cheaper against Gate than usual: you would sell low and buy high (spread −0.315% now, against its 7-day average of +0.034%). If the spread goes back, that is −$35 on $10k: about 32 hours of funding at the current rate (+$26 a day). At the pace of the last 6 days (+0.665% in total) that is about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MAGMA_USDT | 0.2406 | 0.0222 | pay 0.0111% / 4h | 1h 07m | $1.0M | $276K | 20x |
| Short | Aster MAGMAUSDT | 0.2398 | 0.1102 | get 0.0551% / 4h | 1h 07m | $1.4M | $421K | 5x |
Gate MAGMA_USDT
Aster MAGMAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Gate. 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
- $184.75
- Price spread: −0.315% → +0.034%
- −$34.98
- Slippage, 4 orders
- −$146.98
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$20.21
- Costs to cover
- 1.700%
- Break-even
- 7.8 days
Slippage from Gate: live order book, 39 min ago; Aster: live order book, just now.
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 Gate live order book, 39 min ago | 9.84 bp | 61.9 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, just now | 2.70 bp | 26.3 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.2404 | −0.071% | $1.7M | $1.3M | 20x | as long as short |
| KuCoin MAGMAUSDTM | +0.0100% | 4h | 0.2392 | −0.578% | $278K | $36K | 20x | as long as short |
| Variational Omni MAGMA | +0.0100% | 4h | 0.2394 | −0.480% | $12K | $3K | — | as long as short |
| Gate MAGMA_USDTlong | +0.0222% | 4h | 0.2406 | long leg | $1.0M | $276K | 20x | |
| Bitget MAGMAUSDT | +0.0338% | 4h | 0.2406 | +0.008% | $2.3M | $991K | 20x | as long as short |
| BingX MAGMA-USDT | +0.0526% | 4h | 0.2404 | −0.062% | — | $1.3M | — | as long as short |
| MEXC MAGMA_USDT | +0.0564% | 4h | 0.2404 | −0.062% | $12.0M | $307K | 50x | as long as short |
| Extended MAGMA-USD | +0.0568% | 1h | 0.2403 | −0.112% | $1K | — | 5x | as long as short |
| Binance MAGMAUSDT | +0.0578% | 4h | 0.2404 | −0.046% | $4.6M | $8.0M | 20x | as long as short |
| Aster MAGMAUSDTshort | +0.1102% | 4h | 0.2398 | −0.315% | $1.4M | $421K | 5x |
Bybit MAGMAUSDT
KuCoin MAGMAUSDTM
Variational Omni MAGMA
Bitget MAGMAUSDT
BingX MAGMA-USDT
MEXC MAGMA_USDT
Extended MAGMA-USD
Binance MAGMAUSDT