MAGMA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0172%/8h= −18.8% APRnext payment −$0.86 per $10,000 · paid last 24h −0.019%

Price spread now: Variational Omni against Gate−0.297%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational 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 0.297% cheaper against Gate than usual: you would sell low and buy high (−$30 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	Gate MAGMA_USDT	0.2441	0.0272	pay 0.0136% / 4h	24m 03s	$1.0M	$275K	20x
Short	Variational Omni MAGMA	0.2434	0.0100	get 0.0050% / 4h	24m 03s	$12K	$3K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee Variational OmnibpOrdersPrice spread, now −0.297%Rate

Funding earned: −$36.12
Price spread: −0.297% → 0.000%: −$29.7
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$80.82
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 3 min ago; 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 Gate live order book, 3 min ago	15.18 bp	72.2 bp −$72	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

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
KuCoin MAGMAUSDTM	+0.0100%	4h	0.2434	−0.291%	$302K	$40K	20x	as long as short
Variational Omni MAGMAshort	+0.0100%	4h	0.2434	−0.297%	$12K	$3K	—
Bybit MAGMAUSDT	+0.0200%	4h	0.2440	−0.053%	$1.7M	$1.3M	20x	as long as short
Gate MAGMA_USDTlong	+0.0272%	4h	0.2441	long leg	$1.0M	$275K	20x
Bitget MAGMAUSDT	+0.0346%	4h	0.2436	−0.217%	$2.4M	$995K	20x	as long as short
BingX MAGMA-USDT	+0.0592%	4h	0.2441	−0.020%	—	$1.3M	—	as long as short
Extended MAGMA-USD	+0.0632%	1h	0.2439	−0.089%	$1K	—	5x	as long as short
MEXC MAGMA_USDT	+0.0632%	4h	0.2440	−0.053%	$12.1M	$307K	50x	as long as short
Binance MAGMAUSDT	+0.0633%	4h	0.2441	−0.012%	$4.7M	$8.0M	20x	as long as short
Aster MAGMAUSDT	+0.1116%	4h	0.2442	+0.020%	$1.4M	$407K	5x	as long as short