Log in

Magma Finance (MAGMA) Funding Rate

Magma Finance (MAGMA) perpetual funding on 11 exchanges: the current rate, annualized, what was actually paid and the payment history. Positive means longs pay shorts.

Updated · How we count

Magma Finance (MAGMA) funding rate on every exchange

ExchangeRate per 8 hPer periodPredictedBy premiumAnnual1 day · 7 days · 30 daysNext payment24h volume
Toobit4 hbest long−0.0186%−0.0093%—+0.0050%−20.3%+0.0741%+0.385%+4.502%$13.8M
KuCoin4 h+0.0100%+0.0050%——11.0%−0.0264%+0.0440%+1.121%$1.3M
Gate4 h+0.0100%+0.0050%—+0.0050%11.0%+0.0115%+0.0596%+0.518%$7M
Bitget4 h+0.0100%+0.0050%—−0.0286%11.0%+0.0300%+0.210%+1.394%$16.4M
Bybit4 h+0.0100%+0.0050%—+0.0019%11.0%+0.0087%+0.213%+1.463%$26.1M
Binance4 h+0.0214%+0.0107%—+0.0050%23.5%+0.0541%+0.430%+1.325%—
XT4 h+0.0214%+0.0107%—−0.0014%23.5%+0.0545%+0.390%+1.437%$11.5M
MEXC4 h+0.0222%+0.0111%—+0.0050%24.3%+0.0542%+0.429%+1.317%$2.7M
LBank4 h+0.0222%+0.0111%—−0.0225%24.3%+0.0543%+0.424%+0.778%—
WEEX4 h+0.0222%+0.0111%—−0.0522%24.3%+0.0543%+0.430%+1.322%$4.3M
Aster4 hbest short+0.0890%+0.0445%—+0.0731%97.5%+0.180%+1.109%+2.853%$760.1K

What Magma Finance (MAGMA) funding actually paid

Over 7 days, a Magma Finance (MAGMA) long paid +0.375% on average across exchanges (19.5% a year). The most on Aster (+1.109%), the least on KuCoin (+0.0440%).

Over 30 days, a Magma Finance (MAGMA) long paid +1.639% on average across exchanges (20.4% a year). The most on Toobit (+4.502%), the least on Gate (+0.518%).

Magma Finance (MAGMA) funding rate history chart

Loading payments…

Magma Finance (MAGMA) funding arbitrage right now

Among the exchanges that publish a 24h volume, the lowest rate now is on Toobit (−0.0186% per 8 h), the highest on Aster (+0.0890%). Long on Toobit and short on Aster, price hedged: a difference of 118% a year before fees and before the rates move.

Rates only. The price spread between the two perps, fees to enter and exit, book depth and whether the rate holds are in the futures screener →

Magma Finance (MAGMA) perpetual futures by exchange

BybitMAGMA/USDT:USDT$0.367150$26.1M
BitgetMAGMA/USDT:USDT$0.367000$16.4M
ToobitMAGMA/USDT:USDT$0.367490$13.8M
XTMAGMA/USDT:USDT$0.367455$11.5M
GateMAGMA/USDT:USDT$0.367080$7M
WEEXMAGMA/USDT:USDT$0.367210$4.3M
MEXCMAGMA/USDT:USDT$0.367485$2.7M
KuCoinMAGMA/USDT:USDT$0.366900$1.3M
AsterMAGMA/USDT:USDT$0.367690$760.1K
LBankMAGMA/USDT:USDT—
BinanceMAGMA/USDT:USDT$0.367335—
Magma Finance (MAGMA) page: spot, routes, networks

FAQ

What is the Magma Finance (MAGMA) funding rate?

A periodic payment between long and short holders of Magma Finance (MAGMA) perpetual futures that keeps the contract price near spot. When the rate is positive, longs pay shorts; when negative, shorts pay longs. Right now it ranges from −0.0186% to 0.0890% per 8 hours across 11 exchanges.

How often is Magma Finance (MAGMA) funding paid?

Every 8 hours on most exchanges, every 1–4 hours on some (Hyperliquid pays hourly). The table shows each exchange's interval and the time to the next payment.

Why is the Magma Finance (MAGMA) funding rate different on each exchange?

Each exchange computes it from its own premium of perpetual over index price and its own interval and caps. The difference is what funding arbitrage earns: short where funding is highest, long where it is lowest.

Does a high APR mean high profit?

No. APR extrapolates the current rate over a year, and rates change every period. Compare it with what was actually paid over 7 and 30 days in the table above.