Magma Finance (MAGMA) Funding Rate History
Magma Finance (MAGMA) perpetual futures funding ranges from 0.70 bps on BINGX to 11.20 bps on KUCOIN across 10 reporting venues, a spread of 10.50 bps. The most extreme rate (122.64% APY annualized) is on KUCOIN. Currently all venues currently report positive funding (longs paying shorts).
A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on MAGMA price.
MAGMA Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| KUCOIN | 11.20 bps | 122.64% APY | 3.50 bps | $36.52K |
| BINANCE | 1.00 bps | 10.95% APY | 3.20 bps | $4.52M |
| BYBIT | 1.00 bps | 10.95% APY | 5.50 bps | $1.57M |
| BITGET | 1.00 bps | 10.95% APY | 2.40 bps | $583.66K |
| GATEIO | 1.00 bps | 10.95% APY | 1.00 bps | $312.33K |
| PHEMEX | 1.00 bps | 10.95% APY | 1.40 bps | $283.95K |
| MEXC | 1.00 bps | 10.95% APY | 3.10 bps | $191.81K |
| ASTER | 1.00 bps | 10.95% APY | 5.00 bps | $91.41K |
| VARIATIONAL | 1.00 bps | 10.95% APY | 4.80 bps | $14.24K |
| BINGX | 0.70 bps | 7.66% APY | 3.50 bps | $0 |
Last updated 2026-06-24T01:19:53Z (UTC).
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Related: MAGMA open interest, MAGMA volume, MAGMA perp market data.