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+0.0018%/8h= +2.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.003%
Price spread now: Gate against Variational Omni−0.020%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 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni MAGMA0.22810.0100pay 0.0050% / 4h2h 54m$11K$3K
ShortGate MAGMA_USDT0.22810.0118get 0.0059% / 4h2h 54m$959K$237K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$3.78
Price spread: −0.020% → 0.000%
−$1.96
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$13.18
Costs to cover
0.150%
Break-even
31.4 days
Slippage unknown: Variational Omni: no order-book sample; Gate: live order book, 12 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 Gate live order book, 12 min ago14.54 bp67.0 bp −$67doesn'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
Aster MAGMAUSDT+0.0100%4h0.2280−0.038%$1.4M$354K5xas long as short
Bybit MAGMAUSDT+0.0100%4h0.2277−0.182%$1.6M$1.1M20xas long as short
KuCoin MAGMAUSDTM+0.0100%4h0.2278−0.116%$265K$31K20xas long as short
Bitget MAGMAUSDT+0.0100%4h0.2279−0.094%$2.2M$924K20xas long as short
Variational Omni MAGMAlong+0.0100%4h0.2281long leg$11K$3K
Gate MAGMA_USDTshort+0.0118%4h0.2281−0.020%$959K$237K20x
Binance MAGMAUSDT+0.0123%4h0.2280−0.066%$4.5M$7.0M20xas long as short
BingX MAGMA-USDT+0.0126%4h0.2276−0.204%$1.4Mas long as short
Extended MAGMA-USD+0.0128%1h0.2278−0.127%$9605xas long as short
MEXC MAGMA_USDT+0.0128%4h0.2278−0.125%$11.3M$271K50xas long as short