Funding you earn now, next payment 04:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.21 per $10,000 · paid last 24h +0.012%
Price spread now: MEXC against Variational Omni+0.127%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 +$1 a day on $10k at the current rate, and MEXC is 0.127% dearer against Variational Omni than usual: you sell high and buy low: +$13 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 | 0.2318 | 0.0100 | pay 0.0050% / 4h | 1h 14m | $11K | $3K | — |
| Short | MEXC MAGMA_USDT | 0.2321 | 0.0142 | get 0.0071% / 4h | 1h 14m | $11.5M | $272K | 50x |
Variational Omni MAGMA
MEXC MAGMA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $8.82
- Price spread: +0.127% → 0.000%
- $12.73
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $17.55
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 4 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 MEXC live order book, 4 min ago | 1.51 bp | 22.1 bp −$22 | 68.7 bp −$687 | 591.6 bp −$59.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MAGMAUSDT | +0.0100% | 4h | 0.2319 | +0.048% | $1.4M | $352K | 5x | as long as short |
| Bybit MAGMAUSDT | +0.0100% | 4h | 0.2320 | +0.093% | $1.7M | $1.1M | 20x | as long as short |
| Gate MAGMA_USDT | +0.0100% | 4h | 0.2322 | +0.183% | $977K | $248K | 20x | as long as short |
| KuCoin MAGMAUSDTM | +0.0100% | 4h | 0.2310 | −0.347% | $269K | $31K | 20x | as long as short |
| Bitget MAGMAUSDT | +0.0100% | 4h | 0.2323 | +0.205% | $2.2M | $941K | 20x | as long as short |
| Variational Omni MAGMAlong | +0.0100% | 4h | 0.2318 | long leg | $11K | $3K | — | |
| MEXC MAGMA_USDTshort | +0.0142% | 4h | 0.2321 | +0.127% | $11.5M | $272K | 50x | |
| Extended MAGMA-USD | +0.0144% | 1h | 0.2320 | +0.079% | $970 | — | 5x | as long as short |
| Binance MAGMAUSDT | +0.0147% | 4h | 0.2321 | +0.125% | $4.6M | $7.0M | 20x | as long as short |
| BingX MAGMA-USDT | +0.0152% | 4h | 0.2322 | +0.158% | — | $1.4M | — | as long as short |
Aster MAGMAUSDT
Bybit MAGMAUSDT
Gate MAGMA_USDT
KuCoin MAGMAUSDTM
Bitget MAGMAUSDT
Extended MAGMA-USD
Binance MAGMAUSDT
BingX MAGMA-USDT