MAGMA funding rate

Live Magma Finance perpetual funding on every connected exchange. Positive funding means longs pay shorts.

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Highest (24h)+0.185%Gate

Lowest (24h)+0.030%Variational

Average (24h)+0.056%across 8 venues

Funding gap (24h)+0.155%short the highest, long the lowest

ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume

GateCEX · MAGMA_USDT+0.0309%4h02:44:35+0.185%+67.7%$0.2445+0.175%$745.0K

KuCoinCEX · MAGMAUSDTM+0.0141%4h02:44:35+0.085%+30.9%$0.2441+0.008%$377.2K

BinanceCEX · MAGMAUSDT+0.0050%4h—+0.030%+10.9%$0.2442+0.046%—

BybitCEX · MAGMAUSDT+0.0050%4h—+0.030%+10.9%$0.2443+0.004%$9.99M

BitgetCEX · MAGMAUSDT+0.0050%4h—+0.030%+10.9%$0.2443+0.064%$7.55M

MEXCCEX · MAGMA_USDT+0.0050%4h02:44:35+0.030%+10.9%$0.2442+0.057%$658.2K

AsterPerp DEX · MAGMAUSDT+0.0050%4h—+0.030%+10.9%$0.2441+0.031%—

VariationalCEX · MAGMA+0.0050%4h—+0.030%+10.9%$0.2451—$53.4K

MAGMA funding rate explained

Right now Magma Finance (MAGMA) perpetual futures trade on 8 exchanges we track. The highest funding is on Gate at +0.185% per day, the lowest on Variational at +0.030%. The average across all venues is +0.056% per day, or about +20.5% a year. Positive funding means MAGMA longs are paying shorts — the market is leaning long.

The gap between the highest and lowest venue is +0.155% per day. A delta-neutral position that shorts MAGMA on Gate and goes long on Variational would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live MAGMA arbitrage board for the price side of the trade.

Settlement intervals differ: MAGMA funding is paid every 4 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.

What is the MAGMA funding rate today?

The average MAGMA funding rate across 8 exchanges is +0.056% per 24 hours. It ranges from +0.030% on Variational to +0.185% on Gate. Rates update every few seconds on this page.

Which exchange has the highest MAGMA funding rate?

Gate currently has the highest MAGMA funding at +0.185% per day, and Variational the lowest at +0.030%.

How often is MAGMA funding paid?

MAGMA perpetuals settle funding every 4 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is MAGMA funding positive or negative?

On average it is positive (+0.056% per day): longs pay shorts.