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 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.190%
Price spread now: Aster against Binance−0.045%7-day average +0.080% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$950.952% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.617%+$62 on $10k
Price spread, last 7 days−0.113%−$11 · spread now −0.045%, 7d avg +0.080%
Together, before fees+0.504%+ Points / potential airdropAster: Stage 5 · farm board+$50 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.125% cheaper against Binance than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.080%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MAGMAUSDT0.22720.0100pay 0.0050% / 4h25m 51s$4.5M$6.9M20x
ShortAster MAGMAUSDT0.22710.0100get 0.0050% / 4h25m 51s$1.4M$354K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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: −0.045% → +0.080%
−$12.51
Slippage, 4 orders
−$77.16
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$107.66
Costs to cover
0.952%
Break-even
never at this rate
Slippage from Binance: live order book, 13 min ago; Aster: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 13 min ago0.22 bp21.3 bp −$21379.9 bp −$3,799doesn't fitdoesn't fit
Sell Aster live order book, 2 min ago7.04 bp24.4 bp −$24doesn't fitdoesn't fitdoesn't fit

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 MAGMAUSDTshort+0.0100%4h0.2271−0.045%$1.4M$354K5x
Binance MAGMAUSDTlong+0.0100%4h0.2272long leg$4.5M$6.9M20x
Bybit MAGMAUSDT+0.0100%4h0.2269−0.129%$1.7M$1.1M20xas long as short
Gate MAGMA_USDT+0.0100%4h0.2275+0.122%$961K$228K20xas long as short
MEXC MAGMA_USDT+0.0100%4h0.2272−0.001%$11.2M$269K50xas long as short
KuCoin MAGMAUSDTM+0.0100%4h0.2267−0.204%$264K$31K20xas long as short
Bitget MAGMAUSDT+0.0100%4h0.2274+0.105%$2.2M$900K20xas long as short
BingX MAGMA-USDT+0.0100%4h0.2272−0.001%$1.4Mas long as short
Variational Omni MAGMA+0.0100%4h0.2271−0.030%$11K$3Kas long as short
Extended MAGMA-USD+0.0104%1h0.2271−0.040%$9555xas long as short