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 02:00 UTC+0.0108%/8h= +11.8% APRpaid last 24h +0.023%
Price spread now: Extended against Variational Omni−0.367%7-day average · you buy dearer than you sell
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 · Extended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.367% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.367% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$37 on $10k: about 11 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni MAGMA0.22960.0100pay 0.0050% / 4h2h 06m$11K$3K
ShortExtended MAGMA-USD0.22880.0208get 0.0026% / 1h6m 34s$9605x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$22.68
Price spread: −0.367% → 0.000%
−$36.72
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$19.04
Costs to cover
0.050%
Break-even
12.9 days
Slippage unknown: Variational Omni: no order-book sample; Extended: 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell Extended no order-book sample
Variational Omni and Extended: 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
Aster MAGMAUSDT+0.0100%4h0.2287−0.387%$1.4M$352K5xas long as short
Bybit MAGMAUSDT+0.0100%4h0.2286−0.422%$1.6M$1.1M20xas long as short
KuCoin MAGMAUSDTM+0.0100%4h0.2287−0.396%$266K$31K20xas long as short
Bitget MAGMAUSDT+0.0100%4h0.2289−0.305%$2.2M$936K20xas long as short
Variational Omni MAGMAlong+0.0100%4h0.2296long leg$11K$3K
Gate MAGMA_USDT+0.0192%4h0.2292−0.192%$964K$246K20xas long as short
Binance MAGMAUSDT+0.0205%4h0.2287−0.388%$4.5M$7.1M20xas long as short
MEXC MAGMA_USDT+0.0206%4h0.2288−0.344%$11.3M$274K50xas long as short
Extended MAGMA-USDshort+0.0208%1h0.2288−0.367%$9605x
BingX MAGMA-USDT+0.0230%4h0.2288−0.374%$1.4Mas long as short