MAGMA arbitrage between Astar DEX and Bitget: we compare the price of MAGMA on Astar DEX (futures) and Bitget (spot) in real time — the executable spread (buy at the ask, sell at the bid), basis, volume and deposit/withdrawal status. You can see whether the gap holds or is a one-second blip you would never get into.

About Magma Finance

Decentralized Finance (DeFi), Automated Market Maker (AMM), Sui Ecosystem, Binance Alpha Spotlight

MAGMA: Bitget — deposit open, withdrawal open.

Open interest in MAGMA right now — $5.0M: Binance $2.7M, Bitget $1.4M, Bybit $811.3K, KuCoin $208.2K. See OI MAGMA.

About MAGMA arbitrage

How do I read the MAGMA spread?

The spread is how many percent higher MAGMA trades on one exchange than on the other. We measure it at tradeable prices (ask/bid) net of fees; “net” is closer to what you actually keep.

Is this arbitrage worth taking?

Look past the spread: check volume, order-book depth and the deposit/withdrawal status on Astar DEX and Bitget. If deposits or withdrawals are shut, or the book is thin, the spread exists on paper but you cannot trade into it.

How do I get MAGMA alerts?

Build a rule in the the builder with the spread threshold you want — the notification arrives as a Telegram direct message within seconds.