MAGMA$0.2395-4.20%Market Cap$45.02M
Circulating Supply190,000,000
Total Supply1,000,000,000
WebsiteWebsiteWhitepaper
Explorerssuivision.xyz
MAGMA$0.2395-4.20%Open Interest-4.04%$19.87M
Futures Volume-16.86%$9.31M
Liquidation+200.78%$13.83K
Long Liquidation+471.05%$13.08K
Short Liquidation-68.51%$752.96
MAGMA Long/Short All0.977
Binance Long/Short0.998
Bybit Long/Short0.978
BingX Long/Short0.956
Bitget Long/Short0.979
Funding Rate
MAGMA OI-Weighted (4h)+0.0051%
Binance MAGMA/USDT (4h)+0.0050%
Bybit MAGMA/USDT (4h)+0.0050%
KuCoin MAGMA/USDT (4h)+0.0087%
Gate MAGMA/USDT (4h)+0.0050%
Current FundingA funding rate is a periodic payment exchanged directly between long and short traders in perpetual futures. Learn more →+0.0101%
Annualized · APR+11.07%
Next Funding—
Funding Accum · 1D—
MAGMA Funding Rate Chart · Perpetual · Aggregated
Funding Rate · per 8hpositive · longs pay shortsnegative · shorts pay longsMAGMA price
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View MAGMA liquidation heatmap →Where leveraged longs and shorts get liquidated · Binance, Bybit, OKX, Hyperliquid and more
Exchanges MAGMA Funding Rates
| Exchanges | Funding Rate | APR | 1D Accumulated | Next Funding | Interval | |
|---|---|---|---|---|---|---|
| ΣOI-Weighted | +0.0101% | — | — | — | — | |
| MMEXC | +0.0050% | +10.95% | +0.0300% | 01:02:12 | 4h | Trade |
| BBinance | +0.0050% | +10.95% | +0.0300% | 01:02:12 | 4h | Trade |
| BBitget | +0.0050% | +10.95% | +0.0300% | 01:02:12 | 4h | Trade |
| BBybit | +0.0050% | +10.95% | +0.0300% | 01:02:12 | 4h | Trade |
| AAster | +0.0050% | +10.95% | +0.0822% | 01:02:12 | 4h | |
| BBingX | +0.0050% | +10.95% | +0.0300% | 01:02:12 | 4h | |
| GGate | +0.0050% | +10.95% | +0.0300% | 01:02:12 | 4h | Trade |
| KKuCoin | +0.0087% | +19.05% | +0.0664% | 01:02:12 | 4h | Trade |
Rates are per settlement interval (1h/4h/8h depending on exchange) and APR annualizes the current rate at that interval. The Accumulated column sums the rate at each settlement over the selected window (1Y uses exchange-reported yearly accumulation). Live rates update about every 10 seconds.
How to read the colors: funding reflects positioning and the cost of leverage, not price direction. Funding is the fee longs pay shorts (negative means shorts pay longs). Green = funding below the neutral baseline (~0.01% per 8h): holding longs is cheap and the market is not crowded long. Gray = the neutral zone around baseline. Red = elevated funding: longs are crowded and paying up, with deeper red meaning a more extreme premium. The Accumulated column is colored by its per-settlement average, so it reads on the same scale as the live rate. Green funding while price falls = no euphoria and longs are cheap to hold — often a constructive contrarian signal. Red funding while price rises = crowded leveraged longs paying high fees — a setup vulnerable to long squeezes.
The current MAGMA USDT perpetual funding rate (4h, OI-weighted) is +0.0101%, meaning longs are paying shorts right now. Across the 8 exchanges reporting a rate, it ranges from +0.0050% on Binance to +0.0087% on KuCoin — a spread that shows how positioning differs venue by venue. A positive rate is typical when perpetual contracts trade at or above the spot price and long positioning dominates. Learn more about how funding rates work →
See the live funding rate matrix for every exchange →
About MAGMA funding rates
The Magma Finance funding rate (MAGMA funding rate) is the periodic payment exchanged between longs and shorts on MAGMA perpetual futures. This page charts the OI-weighted Magma Finance perpetual funding rate (MAGMA perpetual funding rate) against price, plus each exchange's current rate, accumulated funding from one day out to one year, and the countdown to its next settlement.
The headline rate weights every venue by its share of MAGMA open interest, so large markets move the aggregate more than small ones. Venues reporting no data are excluded and figures refresh continuously.
Frequently asked questions
What is the MAGMA funding rate right now?
On an OI-weighted basis, MAGMA funding currently sits at +0.0101% — traders holding longs pay shorts until the next settlement (settled every 4 hours on most venues).
Which exchange has the highest MAGMA funding rate?
KuCoin currently prints the highest MAGMA rate at +0.0087%; Binance sits lowest at +0.0050%. Every venue's current and accumulated rate is listed in the table below.
How often is MAGMA funding settled?
Every tracked venue settles MAGMA funding every 4 hours. The countdown to each exchange's next settlement runs in the table below.
LLY
LUNC
BE
A
BNC
AMAT