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

MAGMA

all MAGMA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0187%/8h= +20.5% APRnext payment +$0.94 per $10,000 · paid last 24h +0.184%
Price spread now: Aster against Variational Omni+0.886%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Aster is 0.886% dearer against Variational Omni than usual: you sell high and buy low: +$89 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni MAGMA0.23140.0100pay 0.0050% / 4h31m 23s$11K$3K
ShortAster MAGMAUSDT0.23350.0287get 0.0144% / 4h31m 23s$1.4M$409K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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

Funding earned
$39.35
Price spread: +0.886% → 0.000%
$88.58
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$119.93
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Aster: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell Aster live order book, 2 min ago7.07 bp22.0 bp −$22doesn't fitdoesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MAGMAUSDT+0.0100%4h0.2331+0.718%$1.7M$1.2M20xas long as short
KuCoin MAGMAUSDTM+0.0100%4h0.2321+0.298%$270K$30K20xas long as short
Variational Omni MAGMAlong+0.0100%4h0.2314long leg$11K$3K
Bitget MAGMAUSDT+0.0170%4h0.2333+0.834%$2.3M$955K20xas long as short
BingX MAGMA-USDT+0.0223%4h0.2333+0.804%$1.3Mas long as short
Extended MAGMA-USD+0.0240%1h0.2330+0.689%$9755xas long as short
MEXC MAGMA_USDT+0.0240%4h0.2332+0.765%$11.5M$263K50xas long as short
Binance MAGMAUSDT+0.0255%4h0.2332+0.775%$4.6M$7.1M20xas long as short
Aster MAGMAUSDTshort+0.0287%4h0.2335+0.886%$1.4M$409K5x
Gate MAGMA_USDT+0.0298%4h0.2333+0.830%$982K$251K20xas long as short