Funding you earn now, next payment 08:00 UTC+0.0548%/8h= +60.0% APRnext payment +$2.74 per $10,000 · paid last 24h +0.023%
Price spread now: Binance against Variational Omni+0.050%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$16 a day on $10k at the current rate, and Binance is 0.050% dearer against Variational Omni than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MAGMA | 0.2404 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $12K | $3K | — |
| Short | Binance MAGMAUSDT | 0.2405 | 0.0648 | get 0.0324% / 4h | 2h 00m | $4.6M | $7.7M | 20x |
Variational Omni MAGMA
Binance MAGMAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $115.15
- Price spread: +0.050% → 0.000%
- $4.96
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $110.11
- Costs to cover
- 0.100%
- Break-even
- 0.3 days
Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 9 min ago. 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 9 min ago | 2.90 bp | 27.4 bp −$27 | 268.2 bp −$2,682 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MAGMAUSDT | +0.0100% | 4h | 0.2405 | +0.077% | $1.7M | $1.3M | 20x | as long as short |
| KuCoin MAGMAUSDTM | +0.0100% | 4h | 0.2402 | −0.069% | $280K | $36K | 20x | as long as short |
| Variational Omni MAGMAlong | +0.0100% | 4h | 0.2404 | long leg | $12K | $3K | — | |
| Gate MAGMA_USDT | +0.0326% | 4h | 0.2403 | −0.027% | $1.0M | $271K | 20x | as long as short |
| Bitget MAGMAUSDT | +0.0378% | 4h | 0.2407 | +0.160% | $2.3M | $979K | 20x | as long as short |
| BingX MAGMA-USDT | +0.0614% | 4h | 0.2405 | +0.068% | — | $1.4M | — | as long as short |
| Extended MAGMA-USD | +0.0648% | 1h | 0.2405 | +0.053% | $1K | — | 5x | as long as short |
| Binance MAGMAUSDTshort | +0.0648% | 4h | 0.2405 | +0.050% | $4.6M | $7.7M | 20x | |
| MEXC MAGMA_USDT | +0.0654% | 4h | 0.2405 | +0.073% | $12.0M | $302K | 50x | as long as short |
| Aster MAGMAUSDT | +0.1222% | 4h | 0.2408 | +0.175% | $1.4M | $421K | 5x | as long as short |
Bybit MAGMAUSDT
KuCoin MAGMAUSDTM
Gate MAGMA_USDT
Bitget MAGMAUSDT
BingX MAGMA-USDT
Extended MAGMA-USD
MEXC MAGMA_USDT
Aster MAGMAUSDT