MAGMA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0286%/8h= +31.3% APRnext payment +$1.43 per $10,000 · paid last 24h +0.184%

Price spread now: Aster against KuCoin+0.618%7-day average +0.198% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$219as in the Price arb table

costs, in and out, $10k−$2612.607% of the position

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.658%+$66 on $10k

Price spread, last 4 days (all we have)−0.677%−$68 · spread now +0.618%, 7d avg +0.198%

Together, before fees−0.019%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Aster is 0.420% dearer against KuCoin than usual: you sell high and buy low: +$42 more if the spread goes back to its 7-day average of +0.198%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MAGMAUSDTM	0.2324	0.0100	pay 0.0050% / 4h	25m 44s	$271K	$30K	20x
Short	Aster MAGMAUSDT	0.2339	0.0386	get 0.0193% / 4h	25m 44s	$1.4M	$414K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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 KuCoinbpFee AsterbpOrdersPrice spread, now +0.618%Rate

Funding earned: $60.05
Price spread: +0.618% → +0.198%: $41.98
Slippage, 4 orders: −$240.75
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$158.72
Costs to cover: 2.607%
Break-even: 25.5 days

Slippage from KuCoin: live order book, 55 min ago; Aster: live order book, 2 min ago.

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 KuCoin live order book, 55 min ago	37.00 bp	112.5 bp −$112	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 2 min ago	6.43 bp	28.3 bp −$28	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	0.2340	+0.675%	$1.7M	$1.2M	20x	as long as short
KuCoin MAGMAUSDTMlong	+0.0100%	4h	0.2324	long leg	$271K	$30K	20x
Variational Omni MAGMA	+0.0100%	4h	0.2337	+0.549%	$11K	$3K	—	as long as short
Bitget MAGMAUSDT	+0.0222%	4h	0.2344	+0.865%	$2.3M	$958K	20x	as long as short
BingX MAGMA-USDT	+0.0270%	4h	0.2342	+0.774%	—	$1.3M	—	as long as short
Extended MAGMA-USD	+0.0280%	1h	0.2342	+0.777%	$980	—	5x	as long as short
MEXC MAGMA_USDT	+0.0282%	4h	0.2340	+0.693%	$11.6M	$264K	50x	as long as short
Binance MAGMAUSDT	+0.0283%	4h	0.2340	+0.693%	$4.6M	$7.2M	20x	as long as short
Gate MAGMA_USDT	+0.0366%	4h	0.2346	+0.912%	$987K	$253K	20x	as long as short
Aster MAGMAUSDTshort	+0.0386%	4h	0.2339	+0.618%	$1.4M	$414K	5x