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 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Variational Omni+0.280%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 4 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.280% dearer against Variational Omni than usual: you sell high and buy low, +$28 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni MAGMA0.23780.0100pay 0.0050% / 4h2h 36m$12K$3K
ShortKuCoin MAGMAUSDTM0.23840.0100get 0.0050% / 4h2h 36m$278K$36K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: +0.280% → 0.000%
$28.05
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$16.05
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 21 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 KuCoin live order book, 21 min ago44.23 bp96.9 bp −$97doesn'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
KuCoin MAGMAUSDTMshort+0.0100%4h0.2384+0.280%$278K$36K20x
Variational Omni MAGMAlong+0.0100%4h0.2378long leg$12K$3K
Bybit MAGMAUSDT+0.0242%4h0.2389+0.478%$1.7M$1.2M20xas long as short
Bitget MAGMAUSDT+0.0322%4h0.2384+0.259%$2.3M$970K20xas long as short
Gate MAGMA_USDT+0.0438%4h0.2392+0.587%$1.0M$265K20xas long as short
BingX MAGMA-USDT+0.0492%4h0.2389+0.470%$1.3Mas long as short
MEXC MAGMA_USDT+0.0514%4h0.2389+0.466%$11.8M$282K50xas long as short
Binance MAGMAUSDT+0.0526%4h0.2389+0.466%$4.6M$7.4M20xas long as short
Extended MAGMA-USD+0.0528%1h0.2388+0.431%$1K5xas long as short
Aster MAGMAUSDT+0.1095%4h0.2385+0.314%$1.4M$420K5xas long as short