Funding you earn now, next payment 08:00 UTC−0.0548%/8h= −60.0% APRnext payment −$2.74 per $10,000 · paid last 24h −0.022%
Price spread now: Variational Omni against MEXC−0.093%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 −$16 a day on $10k at the current rate, and Variational Omni is 0.093% cheaper against MEXC than usual: you would sell low and buy high (−$9 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 | MEXC MAGMA_USDT | 0.2406 | 0.0648 | pay 0.0324% / 4h | 1h 58m | $12.0M | $298K | 50x |
| Short | Variational Omni MAGMA | 0.2404 | 0.0100 | get 0.0050% / 4h | 1h 58m | $12K | $3K | — |
MEXC MAGMA_USDT
Variational Omni MAGMAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against MEXC. 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
- −$115.08
- Price spread: −0.093% → 0.000%
- −$9.33
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$128.41
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 5 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 MEXC live order book, 5 min ago | 1.24 bp | 24.7 bp −$25 | 57.3 bp −$573 | 490.5 bp −$49.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MAGMAUSDT | +0.0100% | 4h | 0.2406 | +0.025% | $1.7M | $1.3M | 20x | as long as short |
| KuCoin MAGMAUSDTM | +0.0100% | 4h | 0.2402 | −0.166% | $280K | $36K | 20x | as long as short |
| Variational Omni MAGMAshort | +0.0100% | 4h | 0.2404 | −0.093% | $12K | $3K | — | |
| Gate MAGMA_USDT | +0.0308% | 4h | 0.2403 | −0.112% | $1.0M | $267K | 20x | as long as short |
| Bitget MAGMAUSDT | +0.0370% | 4h | 0.2409 | +0.150% | $2.3M | $980K | 20x | as long as short |
| BingX MAGMA-USDT | +0.0614% | 4h | 0.2409 | +0.141% | — | $1.3M | — | as long as short |
| Binance MAGMAUSDT | +0.0640% | 4h | 0.2407 | +0.061% | $4.6M | $7.7M | 20x | as long as short |
| Extended MAGMA-USD | +0.0648% | 1h | 0.2404 | −0.061% | $1K | — | 5x | as long as short |
| MEXC MAGMA_USDTlong | +0.0648% | 4h | 0.2406 | long leg | $12.0M | $298K | 50x | |
| Aster MAGMAUSDT | +0.1199% | 4h | 0.2407 | +0.046% | $1.4M | $421K | 5x | as long as short |
Bybit MAGMAUSDT
KuCoin MAGMAUSDTM
Gate MAGMA_USDT
Bitget MAGMAUSDT
BingX MAGMA-USDT
Binance MAGMAUSDT
Extended MAGMA-USD
Aster MAGMAUSDT