ArbiLayer

MAGIC arbitrage

live

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

Best net spread-0.05%Binance → Bybit · Perp–Perp
Best perp–perp spread+0.11%Binance → Bybit
Markets tracked159 venues · 8 perp · 6 spot · 1 DEX
Price range0.18%$0.065 – $0.0651

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybitspot$0.065OKX logoOKXspot$0.0651 +0.05%-0.15% +0.05%— 0.000%— LS Chart →
Bybit logoBybitspot$0.065Gate logoGatespot$0.0651 +0.03%-0.17% +0.03%— 0.000%— LS Chart →
Binance logoBinancespot$0.0651OKX logoOKXspot$0.0651 -0.05%-0.25% -0.05%— 0.000%— LS Chart →
Binance logoBinancespot$0.0651Gate logoGatespot$0.0651 -0.06%-0.26% -0.06%— 0.000%— LS Chart →
Bybit logoBybitspot$0.065Binance logoBinancespot$0.065 -0.06%-0.26% -0.06%— 0.000%— LS Chart →
Bybit logoBybitspot$0.065KuCoin logoKuCoinspot$0.065 -0.06%-0.26% -0.06%— 0.000%— LS Chart →
OKX logoOKXspot$0.0651Gate logoGatespot$0.0651 -0.08%-0.28% -0.08%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.0651OKX logoOKXspot$0.0651 -0.09%-0.29% -0.09%— 0.000%— LS Chart →
Bybit logoBybitspot$0.065MEXC logoMEXCspot$0.065 -0.09%-0.29% -0.09%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.0651Gate logoGatespot$0.0651 -0.11%-0.31% -0.11%— 0.000%— LS Chart →
Gate logoGatespot$0.0652OKX logoOKXspot$0.0651 -0.14%-0.34% -0.14%— 0.000%— LS Chart →
Binance logoBinancespot$0.0651KuCoin logoKuCoinspot$0.065 -0.15%-0.35% -0.15%— 0.000%— LS Chart →
OKX logoOKXspot$0.0651Binance logoBinancespot$0.065 -0.17%-0.37% -0.17%— 0.000%— LS Chart →
OKX logoOKXspot$0.0651KuCoin logoKuCoinspot$0.065 -0.17%-0.37% -0.17%— 0.000%— LS Chart →
Binance logoBinancespot$0.0651MEXC logoMEXCspot$0.065 -0.18%-0.38% -0.18%— 0.000%— 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 $0.0651$0.0651$0.0651+0.06% +0.030%$27.24M
OKX logoOKXPerpetual · MAGIC-USDT-SWAPPerpetual $0.065$0.065$0.065-0.03% +0.030%$9.55M
Bybit logoBybitPerpetual · MAGICUSDTPerpetual $0.0651$0.0651$0.0651+0.10% +0.030%$4.29M
OKX logoOKXSpot · MAGIC-USDTSpot $0.0651$0.0651$0.0651+0.07% —$1.66M
Bitget logoBitgetPerpetual · MAGICUSDTPerpetual $0.065$0.0651$0.065-0.02% +0.030%$1.14M
KuCoin logoKuCoinPerpetual · MAGICUSDTMPerpetual $0.065$0.0651$0.065-0.01% +0.030%$666.6K
MEXC logoMEXCPerpetual · MAGIC_USDTPerpetual $0.065$0.065$0.065-0.06% +0.030%$515.3K
Bybit logoBybitSpot · MAGICUSDTSpot $0.065$0.065$0.065-0.06% —$264.8K
Gate logoGateSpot · MAGIC_USDTSpot $0.0651$0.0652$0.0651+0.10% —$251.8K
KuCoin logoKuCoinSpot · MAGIC-USDTSpot $0.065$0.0652$0.0651+0.09% —$126.1K
Sushiswap · Arbitrum logoSushiswap · ArbitrumDEX pool · arbitrum · 0x539b…0342DEX pool $0.0649$0.0653$0.0651+0.15% —$96.5K
Variational logoVariationalPerpetual · MAGICPerpetual $0.0649$0.0651$0.065-0.07% +0.030%$37.9K
Binance logoBinancePerpetual · MAGICUSDTPerpetual $0.065$0.065$0.065-0.06% +0.030%—
Binance logoBinanceSpot · MAGICUSDTSpot $0.065$0.0651$0.0651+0.01% ——
MEXC logoMEXCSpot · MAGICUSDTSpot $0.065$0.0651$0.0651+0.02% ——
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 9 venues we scan: 8 perpetual markets, 6 spot markets and 1 DEX pool. The lowest ask is on MEXC perp at $0.065 and the highest bid on Bybit perp at $0.0651.

The widest MAGIC perpetual spread is between Binance and Bybit: long MAGIC on Binance at $0.065 and short on Bybit at $0.0651 for +0.11% gross, or -0.05% 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 collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best MAGIC route is to buy spot on Bybit and short the perpetual on Bybit: +0.08% gross, -0.12% net, with +0.030% a day of funding on the short leg.

Spot–spot MAGIC arbitrage (buy on Bybit, withdraw, deposit and sell on OKX) shows +0.05% 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 Bybit (Perp–Perp): +0.11% gross and -0.05% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest MAGIC?

MEXC (perp) has the lowest MAGIC ask at $0.065, and Bybit (perp) the highest bid at $0.0651. Prices update every 15 seconds on this page.

How many exchanges list MAGIC?

ArbiLayer tracks 15 MAGIC markets on 9 venues: 8 perpetual, 6 spot and 1 DEX pool.

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 (Bybit), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

CRO +16.96%OKB +14.58%POWER +14.49%BLAST +10.52%UPC +7.62%ESPORTS +6.79%C98 +6.18%OPENAI +6.14%ONE +4.89%BDX +4.86%AI +4.27%ANTHROPIC +3.38%CATE +3.25%H100 +3.13%ZIL +2.95%EGLD +2.92%SPCX +2.82%OURA +2.73%