ArbiLayer

MAGMA arbitrage

live

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

Best net spread+0.14%Gate → Bybit · Perp–Perp
Best perp–perp spread+0.30%Gate → Bybit
Markets tracked118 venues · 8 perp · 3 spot · 0 DEX
Price range0.67%$0.2157 – $0.2171

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Gate logoGate$0.216Bybit logoBybit$0.2166 +0.30%+0.14% +0.30%— 0.000%— LS Chart →
Variational logoVariational$0.2161Bybit logoBybit$0.2166 +0.23%+0.07% +0.23%— +0.000%— LS Chart →
Gate logoGate$0.216MEXC logoMEXC$0.2164 +0.20%+0.04% +0.20%— 0.000%— LS Chart →
Gate logoGate$0.216Bitget logoBitget$0.2163 +0.15%-0.01% +0.15%— 0.000%— LS Chart →
Binance logoBinance$0.2163Bybit logoBybit$0.2166 +0.14%-0.02% +0.14%— 0.000%— LS Chart →
Variational logoVariational$0.2161MEXC logoMEXC$0.2164 +0.13%-0.03% +0.13%— +0.000%— LS Chart →
Gate logoGate$0.216KuCoin logoKuCoin$0.2162 +0.12%-0.04% +0.12%— 0.000%— LS Chart →
Variational logoVariational$0.2161Bitget logoBitget$0.2163 +0.09%-0.07% +0.09%— +0.000%— LS Chart →
Gate logoGate$0.216Binance logoBinance$0.2161 +0.07%-0.09% +0.07%— 0.000%— LS Chart →
Variational logoVariational$0.2161KuCoin logoKuCoin$0.2162 +0.06%-0.10% +0.06%— +0.000%— LS Chart →
Binance logoBinance$0.2163MEXC logoMEXC$0.2164 +0.05%-0.11% +0.05%— 0.000%— LS Chart →
Gate logoGate$0.216Aster logoAster$0.2161 +0.04%-0.12% +0.04%— 0.000%— LS Chart →
Bitget logoBitget$0.2165Bybit logoBybit$0.2166 +0.04%-0.12% +0.04%— 0.000%— LS Chart →
MEXC logoMEXC$0.2165Bybit logoBybit$0.2166 +0.03%-0.13% +0.03%— 0.000%— LS Chart →
Variational logoVariational$0.2161Binance logoBinance$0.2161 +0.01%-0.15% +0.01%— +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.

MAGMA price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · MAGMAUSDTPerpetual $0.2166$0.2168$0.2167+0.14% +0.030%$3.60M
Bitget logoBitgetPerpetual · MAGMAUSDTPerpetual $0.2163$0.2165$0.21640.00% +0.030%$2.81M
Bitget logoBitgetSpot · MAGMAUSDTSpot $0.2163$0.2167$0.2165+0.04% —$352.8K
Gate logoGateSpot · MAGMA_USDTSpot $0.216$0.2166$0.2163-0.05% —$340.9K
MEXC logoMEXCPerpetual · MAGMA_USDTPerpetual $0.2164$0.2165$0.2165+0.03% +0.030%$319.1K
Gate logoGatePerpetual · MAGMA_USDTPerpetual $0.2158$0.216$0.2159-0.24% +0.030%$309.4K
KuCoin logoKuCoinPerpetual · MAGMAUSDTMPerpetual $0.2162$0.2181$0.2171+0.34% +0.030%$68.9K
Variational logoVariationalPerpetual · MAGMAPerpetual $0.2153$0.2161$0.2157-0.33% +0.030%$5.7K
Binance logoBinancePerpetual · MAGMAUSDTPerpetual $0.2161$0.2163$0.2162-0.09% +0.030%—
Aster logoAsterPerpetual · MAGMAUSDTPerpetual $0.2161$0.2166$0.2163-0.03% +0.030%—
MEXC logoMEXCSpot · MAGMAUSDTSpot $0.216$0.2175$0.2167+0.14% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

MAGMA arbitrage explained

Right now Magma Finance (MAGMA) trades on 8 venues we scan: 8 perpetual markets, 3 spot markets and 0 DEX pools. The lowest ask is on Gate perp at $0.216 and the highest bid on Bybit perp at $0.2166.

The widest MAGMA perpetual spread is between Gate and Bybit: long MAGMA on Gate at $0.216 and short on Bybit at $0.2166 for +0.30% gross, or +0.14% 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 MAGMA route is to buy spot on Gate and short the perpetual on Bybit: +0.01% gross, -0.19% net, with +0.030% a day of funding on the short leg.

Spot–spot MAGMA arbitrage (buy on Gate, withdraw, deposit and sell on Bitget) shows -0.13% 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 MAGMA 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: MAGMA funding rates · MAGMA spread charts · Magma Finance price · arbitrage scanner for all coins.

Is there a MAGMA arbitrage opportunity right now?

The best MAGMA route right now is to buy on Gate → sell on Bybit (Perp–Perp): +0.30% gross and +0.14% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest MAGMA?

Gate (perp) has the lowest MAGMA ask at $0.216, and Bybit (perp) the highest bid at $0.2166. Prices update every 15 seconds on this page.

How many exchanges list MAGMA?

ArbiLayer tracks 11 MAGMA markets on 8 venues: 8 perpetual, 3 spot and 0 DEX pools.

How do I arbitrage MAGMA without transferring coins?

Use two perpetual contracts: go long MAGMA on the cheaper exchange (Gate 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

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