Magic Eden (ME) Funding Rate History
Magic Eden (ME) perpetual futures funding ranges from -0.60 bps on BINANCE to 11.50 bps on CRYPTOCOM across 13 reporting venues, a spread of 12.10 bps. The most extreme rate (125.92% APY annualized) is on CRYPTOCOM. Currently funding signs are mixed: 9 positive, 4 negative.
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 ME price.
ME Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| CRYPTOCOM | 11.50 bps | 125.92% APY | 11.10 bps | $479.16 |
| REYA | 1.40 bps | 15.33% APY | 0.60 bps | $0 |
| OKX | 1.00 bps | 10.95% APY | -5.10 bps | $1.91M |
| BYBIT | 1.00 bps | 10.95% APY | -6.50 bps | $1.19M |
| BINGX | 1.00 bps | 10.95% APY | -4.60 bps | $450.44K |
| HYPERLIQUID | 1.00 bps | 10.95% APY | -3.20 bps | $107.67K |
| KUCOIN | 1.00 bps | 10.95% APY | -5.40 bps | $57.11K |
| VARIATIONAL | 1.00 bps | 10.95% APY | -5.40 bps | $14.17K |
| BINANCE | -0.60 bps | -6.57% APY | -5.60 bps | $4.35M |
| ASTER | 0.60 bps | 6.57% APY | -2.30 bps | $1.44K |
| MEXC | -0.50 bps | -5.47% APY | -5.60 bps | $111.33K |
| BITGET | -0.30 bps | -3.28% APY | -4.60 bps | $210.65K |
| GATEIO | -0.10 bps | -1.09% APY | -4.00 bps | $229.28K |
Last updated 2026-06-02T05:08:23.101652Z (UTC).
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Related: ME open interest, ME volume, ME perp market data.