ME funding rate

Live Magic Eden perpetual funding on every connected exchange. Positive funding means longs pay shorts.

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Highest (24h)+0.030%Binance

Lowest (24h)+0.030%Variational

Average (24h)+0.030%across 10 venues

Funding gap (24h)+0.000%short the highest, long the lowest

ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume

BinanceCEX · MEUSDT+0.0050%4h—+0.030%+10.9%$0.0782-0.070%—

BybitCEX · MEUSDT+0.0050%4h—+0.030%+10.9%$0.07820.000%$287.7K

BitgetCEX · MEUSDT+0.0050%4h—+0.030%+10.9%$0.0782-0.021%$232.3K

MEXCCEX · ME_USDT+0.0050%4h01:25:28+0.030%+10.9%$0.0782-0.089%$121.0K

GateCEX · ME_USDT+0.0100%8h01:25:28+0.030%+10.9%$0.0781-0.114%$2.10M

OKXCEX · ME-USDT-SWAP+0.0050%4h01:25:28+0.030%+10.9%$0.0782—$416.2K

KuCoinCEX · MEUSDTM+0.0050%4h01:25:28+0.030%+10.9%$0.07810.000%$16.9K

HyperliquidPerp DEX · ME+0.0013%1h00:25:28+0.030%+10.9%$0.0783+0.077%$58.6K

AsterPerp DEX · MEUSDT+0.0050%4h—+0.030%+10.9%$0.0782-0.013%—

VariationalCEX · ME+0.0050%4h—+0.030%+10.9%$0.0782—$3.3K

ME funding rate explained

Right now Magic Eden (ME) perpetual futures trade on 10 exchanges we track. The highest funding is on Binance at +0.030% per day, the lowest on Variational at +0.030%. The average across all venues is +0.030% per day, or about +10.9% a year. Positive funding means ME longs are paying shorts — the market is leaning long.

The gap between the highest and lowest venue is +0.000% per day. A delta-neutral position that shorts ME on Binance 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 ME arbitrage board for the price side of the trade.

Settlement intervals differ: ME funding is paid every 1 hour, 4 hours and 8 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 ME funding rate today?

The average ME funding rate across 10 exchanges is +0.030% per 24 hours. It ranges from +0.030% on Variational to +0.030% on Binance. Rates update every few seconds on this page.

Which exchange has the highest ME funding rate?

Binance currently has the highest ME funding at +0.030% per day, and Variational the lowest at +0.030%.

How often is ME funding paid?

ME perpetuals settle funding every 1 hour, 4 hours and 8 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is ME funding positive or negative?

On average it is positive (+0.030% per day): longs pay shorts.