ArbiLayer

MAGIC arbitrage

live

Live Treasure price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread+0.08%Binance → Variational · Perp–Perp
Best perp–perp spread+0.24%Binance → Variational
Markets tracked148 venues · 8 perp · 6 spot · 0 DEX
Price range0.43%$0.071 – $0.0713

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Binance logoBinance$0.071Variational logoVariational$0.0711 +0.24%+0.08% +0.24%— -0.000%— LS Chart →
MEXC logoMEXC$0.071Variational logoVariational$0.0711 +0.24%+0.08% +0.24%— -0.000%— LS Chart →
KuCoin logoKuCoin$0.071Variational logoVariational$0.0711 +0.18%+0.02% +0.18%— -0.000%— LS Chart →
Binance logoBinance$0.071Gate logoGate$0.0711 +0.14%-0.02% +0.15%— 0.000%+0.35% LS Chart →
MEXC logoMEXC$0.071Gate logoGate$0.0711 +0.14%-0.02% +0.15%— 0.000%+0.74% LS Chart →
Bitget logoBitget$0.0711Variational logoVariational$0.0711 +0.13%-0.03% +0.13%— -0.000%— LS Chart →
OKX logoOKX$0.0711Variational logoVariational$0.0711 +0.13%-0.03% +0.13%— -0.000%— LS Chart →
Binance logoBinance$0.071Bybit logoBybit$0.0711 +0.11%-0.05% +0.11%— 0.000%-0.21% LS Chart →
MEXC logoMEXC$0.071Bybit logoBybit$0.0711 +0.11%-0.05% +0.11%— 0.000%+0.18% LS Chart →
KuCoin logoKuCoin$0.071Gate logoGate$0.0711 +0.08%-0.08% +0.09%— 0.000%— LS Chart →
Binance logoBinance$0.071OKX logoOKX$0.071 +0.07%-0.09% +0.07%— 0.000%-0.50% LS Chart →
MEXC logoMEXC$0.071OKX logoOKX$0.071 +0.07%-0.09% +0.07%— 0.000%-0.11% LS Chart →
KuCoin logoKuCoin$0.071Bybit logoBybit$0.0711 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
Bitget logoBitget$0.0711Gate logoGate$0.0711 +0.03%-0.13% +0.03%— 0.000%— LS Chart →
OKX logoOKX$0.0711Gate logoGate$0.0711 +0.03%-0.13% +0.03%— 0.000%+0.85% LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

MAGIC price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Gate logoGatePerpetual · MAGIC_USDTPerpetual $0.0711$0.0711$0.0711+0.05% +0.030%$29.18M
OKX logoOKXPerpetual · MAGIC-USDT-SWAPPerpetual $0.071$0.0711$0.071-0.04% +0.030%$6.09M
Bybit logoBybitPerpetual · MAGICUSDTPerpetual $0.0711$0.0711$0.0711+0.04% +0.030%$2.42M
OKX logoOKXSpot · MAGIC-USDTSpot $0.0711$0.0712$0.0711+0.09% —$1.15M
Bitget logoBitgetPerpetual · MAGICUSDTPerpetual $0.071$0.0711$0.071-0.07% +0.030%$579.8K
KuCoin logoKuCoinPerpetual · MAGICUSDTMPerpetual $0.0709$0.071$0.071-0.13% +0.030%$335.8K
MEXC logoMEXCPerpetual · MAGIC_USDTPerpetual $0.071$0.071$0.071-0.14% +0.030%$310.1K
Gate logoGateSpot · MAGIC_USDTSpot $0.071$0.0712$0.0711+0.06% —$193.7K
Bybit logoBybitSpot · MAGICUSDTSpot $0.071$0.0712$0.0711+0.01% —$184.8K
KuCoin logoKuCoinSpot · MAGIC-USDTSpot $0.071$0.0712$0.0711+0.06% —$80.4K
Variational logoVariationalPerpetual · MAGICPerpetual $0.0711$0.0714$0.0713+0.28% +0.030%$45.1K
Binance logoBinancePerpetual · MAGICUSDTPerpetual $0.0709$0.071$0.071-0.15% +0.030%—
Binance logoBinanceSpot · MAGICUSDTSpot $0.071$0.0711$0.0711-0.01% ——
MEXC logoMEXCSpot · MAGICUSDTSpot $0.071$0.0711$0.0711-0.01% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

MAGIC arbitrage explained

Right now Treasure (MAGIC) trades on 8 venues we scan: 8 perpetual markets, 6 spot markets and 0 DEX pools. The lowest ask is on MEXC perp at $0.071 and the highest bid on Variational perp at $0.0711.

The widest MAGIC perpetual spread is between Binance and Variational: long MAGIC on Binance at $0.071 and short on Variational at $0.0711 for +0.24% gross, or +0.08% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is -0.000% per day, which the position pays while it is open.

For a spot–perpetual (cash-and-carry) trade, the best MAGIC route is to buy spot on Binance and short the perpetual on Variational: +0.06% gross, -0.14% net, with +0.030% a day of funding on the short leg.

Spot–spot MAGIC arbitrage (buy on Binance, withdraw, deposit and sell on OKX) shows -0.03% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small MAGIC gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: MAGIC funding rates · MAGIC spread charts · Treasure price · arbitrage scanner for all coins.

Is there a MAGIC arbitrage opportunity right now?

The best MAGIC route right now is to buy on Binance → sell on Variational (Perp–Perp): +0.24% gross and +0.08% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest MAGIC?

MEXC (perp) has the lowest MAGIC ask at $0.071, and Variational (perp) the highest bid at $0.0711. Prices update every 15 seconds on this page.

How many exchanges list MAGIC?

ArbiLayer tracks 14 MAGIC markets on 8 venues: 8 perpetual, 6 spot and 0 DEX pools.

How do I arbitrage MAGIC without transferring coins?

Use two perpetual contracts: go long MAGIC on the cheaper exchange (Binance now) and short it on the more expensive one (Variational), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

CRO +22.94%ZIL +7.78%ESPORTS +7.49%STAMP +7.45%OPENAI +6.07%AI +4.95%ONE +4.10%ANTHROPIC +3.81%OURA +3.22%EGLD +2.96%ROLL +2.87%SPCX +2.82%CATE +2.75%BEN +2.65%H100 +2.62%BONER +2.61%ZCAT +2.52%AGENCY +2.46%