Magic Eden (ME) Funding Rate History
Magic Eden (ME) perpetual futures funding ranges from -1.80 bps on ASTER to 9.20 bps on CRYPTOCOM across 13 reporting venues, a spread of 11.00 bps. The most extreme rate (100.74% APY annualized) is on CRYPTOCOM. Currently funding signs are mixed: 12 positive, 1 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 | 9.20 bps | 100.74% APY | 4.90 bps | $222.26 |
| ASTER | -1.80 bps | -19.71% APY | -8.10 bps | $4.26K |
| REYA | 1.80 bps | 19.71% APY | 1.40 bps | $0 |
| BINANCE | 1.00 bps | 10.95% APY | -4.90 bps | $4.86M |
| BYBIT | 1.00 bps | 10.95% APY | -7.60 bps | $2.97M |
| OKX | 1.00 bps | 10.95% APY | -5.20 bps | $1.64M |
| BITGET | 1.00 bps | 10.95% APY | -4.50 bps | $865.44K |
| BINGX | 1.00 bps | 10.95% APY | -2.00 bps | $485.36K |
| HYPERLIQUID | 1.00 bps | 10.95% APY | -5.80 bps | $229.29K |
| GATEIO | 1.00 bps | 10.95% APY | -4.70 bps | $182.49K |
| KUCOIN | 1.00 bps | 10.95% APY | -3.20 bps | $142.50K |
| VARIATIONAL | 1.00 bps | 10.95% APY | -6.30 bps | $3.20 |
| MEXC | 0.80 bps | 8.76% APY | -4.90 bps | $137.67K |
Last updated 2026-06-15T20:46:43.045184Z (UTC).
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Related: ME open interest, ME volume, ME perp market data.