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Magma Finance (MAGMA) Open Interest

MAGMAMAGMA$0.4183+10.41%LongShort

Derivatives (24h)

BuySell
Open Interest+13.81%$30.68M
Futures Volume-13.09%$90.75M
Liquidation-36.04%$215.92K
Long Liquidation-58.11%$69.81K
Short Liquidation-14.52%$146.11K

Long/Short (24h)

LongShort
MAGMA Long/Short All1.032
Binance Long/Short1.015
Bybit Long/Short1.044
Bitget Long/Short1.134
Gate Long/Short1.076

Funding Rate

MAGMA OI-Weighted (4h)+0.0091%
Binance MAGMA/USDT (4h)+0.0125%
Bybit MAGMA/USDT (4h)+0.0050%
MEXC MAGMA/USDT (4h)+0.0122%
Gate MAGMA/USDT (4h)+0.0050%
Open Interest (USD)Open interest is the total value of all futures contracts that are currently open — positions traders have entered but not yet closed, liquidated or settled. Learn more →$30.61M
Open Interest (MAGMA)73.19M MAGMA
OI Change · 1D+13.54%
OI Share · Market—

MAGMA Open Interest Chart · Perpetual · Aggregated

Open Interesttotal OI · aggregatedMAGMA priceΔOI +ΔOI −
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Binance$9.02MMEXC$8.48MBybit$3.85MBitget$3.80MGate$2.25MBingX$1.77M
View MAGMA liquidation heatmap →Where leveraged longs and shorts get liquidated · Binance, Bybit, OKX, Hyperliquid and more

Exchange MAGMA Open Interest

  • Binance$9.02M
  • MEXC$8.48M
  • Bybit$3.85M
  • Bitget$3.80M
  • Gate$2.25M
  • BingX$1.77M
  • KuCoin$802.34K
  • Aster$716.21K
ExchangesOpen InterestChange 24h%Share
ΣAll Exchanges$30.61M+13.54%—
BBinance$9.02M+3.96%29.4%Trade
MMEXC$8.48M+15.20%27.6%Trade
BBybit$3.85M+34.59%12.6%Trade
BBitget$3.80M+16.29%12.4%Trade
GGate$2.25M+18.13%7.3%Trade
BBingX$1.77M+26.27%5.8%
KKuCoin$802.34K+7.07%2.6%Trade
AAster$716.21K-3.76%2.3%

Open interest per exchange with share of the combined total and change over the selected window (1h, 4h, 12h or 24h). Heatmap area is proportional to open interest. Values update about every minute.

MAGMA open interest currently stands at $30.68M aggregated across all tracked exchanges (+13.81% over the past 24 hours). On the most recent hour, open interest is up 0.86%. That compares with $90.75M in 24-hour futures volume — a turnover of roughly 3.0× open interest, one gauge of how actively existing positions are changing hands. Learn more about how open interest works →

Compare open interest across all coins →

About MAGMA open interest

Magma Finance open interest (MAGMA open interest, or MAGMA OI) is the total value of all MAGMA perpetual futures contracts currently open, aggregated across every tracked exchange. This page charts it over time against price and splits it venue by venue in the exchange table.

The aggregate sums every major derivatives exchange Coinfuty tracks, drops venues reporting no data, and refreshes continuously, so the total reflects the whole MAGMA futures market rather than any single order book.

Frequently asked questions

What is MAGMA open interest right now?

Total MAGMA futures open interest is $30.68M as of the latest update — up 13.81% in the past 24 hours, aggregated across every exchange Coinfuty tracks.

Which exchange holds the most MAGMA open interest?

Binance currently carries the largest MAGMA futures book at $9.02M — about 29% of the $30.68M total. The exchange table below splits the full figure venue by venue.

Is MAGMA open interest rising or falling?

Aggregated MAGMA open interest is up 13.81% over the past 24 hours, standing at $30.68M. The chart above shows the longer trend against price.

How does MAGMA open interest compare with trading volume?

MAGMA futures turned over $90.75M in the past 24 hours against $30.68M of open positions — a ratio of about 3.0×. The higher the ratio, the faster exposure is changing hands.

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