Magma Finance (MAGMA) Funding Rate History
Magma Finance (MAGMA) perpetual futures trade across 9 exchanges with an aggregate 24-hour volume of $5.61M and $8.89M in open interest. Leading venues for MAGMA funding rate magnitude: KUCOIN, BITGET, ASTER.
MAGMA Exchange Breakdown
| Exchange | Price (USD) | 24h Volume (USD) | Open Interest (USD) | Funding (bps) | Funding APY |
|---|---|---|---|---|---|
| BINANCE | $0.22203369 | $4.18M | $4.23M | 3.90 bps | 42.70% APY |
| BITGET | $0.22585 | $490.34K | $0 | 6.50 bps | 71.17% APY |
| BYBIT | $0.2265 | $439.73K | $1.62M | 1.00 bps | 10.95% APY |
| PHEMEX | $0.22665 | $231.37K | $1.55M | 1.00 bps | 10.95% APY |
| MEXC | $0.2258 | $168.66K | $108.62K | 3.90 bps | 42.70% APY |
| GATEIO | $0.22602 | $76.36K | $208.53K | 1.00 bps | 10.95% APY |
| KUCOIN | $0.22 | $23.08K | $945.71K | 49.50 bps | 542.02% APY |
| ASTER | $0.2265 | $2.40K | $225.72K | 5.50 bps | 60.22% APY |
| VARIATIONAL | $0.22627934 | $38.94 | $1.83K | 1.00 bps | 10.95% APY |
Last updated 2026-05-10T03:09:09.650714Z (UTC).
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Related: MAGMA open interest, MAGMA volume, MAGMA perp market data.
Why Track MAGMA Funding Rate History?
Funding rates are periodic payments between long and short holders in MAGMA perpetual futures. Positive rates mean longs pay shorts (bullish crowding); negative rates mean shorts pay longs (bearish crowding). By comparing MAGMA funding history across exchanges, traders can identify delta-neutral arbitrage strategies—going long on one exchange and short on another to capture the funding rate spread.
Key MAGMA Funding Metrics
- Current Rate: Live MAGMA funding rate in basis points and annualized APY across all exchanges.
- Historical Chart: 30-day MAGMA funding rate history with per-exchange overlays.
- Heatmap: Color-coded matrix showing MAGMA funding intensity across exchanges and time periods.