MAGMA funding rates

MAGMA perpetual funding across 8 venues. Rates are annualized (APR); positive means longs pay shorts.

· refreshed every 5 min

Best pair · 7d
10.8%long MEXC, short Bybit · net 6.9%
Highest funding now
11.4%Extended
Lowest funding now
−1.5%GateCEX
Listed on
8 venues

Funding by venue

7d chartFlagsOpen
ExtendedMAGMA-USD11.4%11.4%9.1%16.7%8.7%93%1h05:000.2208$3k$0ExExtended
AsterMAGMAUSDT10.9%11.7%13.8%36.0%14.1%100%4h08:000.2211$957k$39kAsAster
BinanceCEXMAGMAUSDT10.9%10.9%7.6%16.1%7.1%91%4h08:000.221$4.8M$4.6MBnBinance
BybitCEXMAGMAUSDT10.9%15.4%18.5%22.8%19.0%100%4h08:000.2211$1.9M$773kByBybit
BitgetCEXMAGMAUSDT10.9%10.9%10.9%17.5%10.9%100%4h08:000.2212$2.1M$489kBgBitget
MEXCCEXMAGMA_USDT10.9%10.9%7.6%16.0%7.1%91%4h08:000.2211$6.7M$168kMxMEXC
VariationalMAGMA10.9%11.0%13.7%19.8%14.2%100%4h—0.2212$12k$2kVaVariational
GateCEXMAGMA_USDT−1.5%6.9%11.0%14.7%11.6%99%4h08:000.221$970k$177kGtGate

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
Spread APRAfter taker feesQuality
7d trendFlagsOpenCalc
MEXCCEXBybitCEX0.0%4.4%10.8%6.8%6.9%10.4%5.1dcooling$1.9MMxBycalc
BinanceCEXBybitCEX0.0%4.4%10.8%5.9%5.3%8.0%7.1dcooling$1.9MBnBycalc
MEXCCEXAster0.0%0.7%6.1%20.0%3.0%4.5%7.1dcooling$957kMxAscalc
MEXCCEXVariational0.0%0.0%6.1%3.8%5.1%7.6%2.4dcooling$12klow OIspread not incl.MxVacalc
BinanceCEXVariational0.0%0.0%6.1%2.3%3.5%5.2%6.0dcooling$12klow OIspread not incl.BnVacalc
BitgetCEXBybitCEX0.0%4.4%7.5%5.2%1.5%2.3%11dcooling$1.9MBgBycalc
BinanceCEXAster0.0%0.7%6.1%21.3%1.4%2.1%11dcooling$957kBnAscalc
ExtendedBybitCEX−0.4%4.0%9.4%6.1%5.2%7.8%6.2dmixed$3klow OI1h/4hExBycalc
VariationalBybitCEX0.0%4.4%4.7%3.0%1.9%2.8%8.5dweak$12klow OIspread not incl.VaBycalc
ExtendedVariational−0.4%−0.4%4.7%3.1%3.4%5.1%3.9dmixed$3klow OI1h/4hspread not incl.ExVacalc
GateCEXBybitCEX12.5%8.5%7.5%8.1%0.7%1.1%13dsteady$970kGtBycalc
ExtendedAster−0.4%0.3%4.7%19.3%1.3%2.0%10dmixed$3klow OI1h/4hExAscalc
AsterBybitCEX0.0%3.7%4.7%−13.2%−0.3%−0.4%15dweak$957kAsBycalc
BitgetCEXVariational0.0%0.0%2.8%2.3%−0.3%−0.5%16dweak$12klow OIspread not incl.BgVacalc
MEXCCEXBitgetCEX0.0%0.0%3.3%1.5%−0.9%−1.3%18dweak$2.1MMxBgcalc
MEXCCEXGateCEX−12.5%−4.1%3.3%−1.3%−1.6%−2.4%21dweak$970kMxGtcalc
MEXCCEXExtended0.4%0.4%1.4%0.7%−0.9%−1.4%23dweak$3klow OI4h/1hMxExcalc
GateCEXVariational12.5%4.1%2.8%5.1%−1.1%−1.7%20dweak$12klow OIspread not incl.GtVacalc
BitgetCEXAster0.0%0.7%2.8%18.5%−2.4%−3.6%26dweak$957kBgAscalc
BinanceCEXBitgetCEX0.0%0.0%3.3%1.3%−2.4%−3.7%24dweak$2.1MBnBgcalc
GateCEXAster12.5%4.8%2.8%21.3%−3.2%−4.8%30dweak$957kGtAscalc
BinanceCEXGateCEX−12.5%−4.1%3.3%−2.9%−3.2%−4.8%27dweak$970kBnGtcalc
MEXCCEXBinanceCEX0.0%0.0%0.0%0.1%−3.6%−5.4%>999dweak$4.8MMxBncalc
VariationalAster0.0%0.7%0.0%16.2%−2.1%−3.1%>999dweak$12klow OIspread not incl.VaAscalc
BinanceCEXExtended0.4%0.4%1.4%0.7%−2.5%−3.7%38dweak$3klow OI4h/1hBnExcalc
BitgetCEXGateCEX−12.5%−4.1%0.0%−2.9%−7.0%−10.5%>999dweak$970kBgGtcalc
GateCEXBitgetCEX12.5%4.1%0.0%2.9%−7.1%−10.6%—weak$970kGtBgcalc
GateCEXMEXCCEX12.5%4.1%−3.3%1.3%−8.3%−12.4%—weak$970kGtMxcalc
GateCEXBinanceCEX12.5%4.1%−3.3%2.9%−9.8%−14.8%—weak$970kGtBncalc
ExtendedBitgetCEX−0.4%−0.4%1.9%0.8%−2.6%−3.8%33dmixed$3klow OI1h/4hExBgcalc
VariationalExtended0.4%0.4%−4.7%−3.1%−6.0%−9.0%—weak$3klow OI4h/1hspread not incl.VaExcalc
BitgetCEXExtended0.4%0.4%−1.9%−0.8%−6.3%−9.5%—weak$3klow OI4h/1hBgExcalc
ExtendedGateCEX−12.9%−4.5%1.9%−2.0%−3.3%−5.0%39dmixed$3klow OI1h/4hExGtcalc
GateCEXExtended12.9%4.5%−1.9%2.0%−7.1%−10.7%—weak$3klow OI4h/1hGtExcalc
BybitCEXExtended0.4%−4.0%−9.4%−6.1%−13.6%−20.3%—weak$3klow OI4h/1hByExcalc
AsterExtended0.4%−0.3%−4.7%−19.3%−8.1%−12.1%—mixed$3klow OI4h/1hAsExcalc
What the columns and badges mean
now
Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h
Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d
Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d
Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend
Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR
7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital
Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven
Days of 7d-average funding needed to pay back open+close taker fees.
Min OI
Smaller open interest of the two legs, USD.
steady
Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike
The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed
The spread was negative too often: not negative in only X% of hours over 7 days.
new
Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak
Prior-week spread under 5% APR: too small to call steady.
cooling
The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?
Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale
At least one leg has not updated for over 30 minutes.
low OI
Open interest under $50k on at least one leg — size carefully.
8h/1h
Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi
Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only
Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.
A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX
Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 04:46 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

Indicative (mark or mid prices): buy on Extended at 0.22082, sell on Variational at 0.221203: 0.173% before fees, 0.123% after taker fees.

MAGMA: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →Variational0.221203Bitget0.2212Aster0.221136Bybit0.22113MEXC0.2211Binance0.220986Gate0.22096Extended0.22082
Extended0.220820.173%0.172%0.143%0.140%0.127%0.075%0.063%—
Gate0.220960.110%0.109%0.080%0.077%0.063%0.012%—−0.063%
Binance0.2209860.098%0.097%0.068%0.065%0.052%—−0.012%−0.075%
MEXC0.22110.047%0.045%0.016%0.014%—−0.052%−0.063%−0.127%
Bybit0.221130.033%0.032%0.003%—−0.014%−0.065%−0.077%−0.140%
Aster0.2211360.030%0.029%—−0.003%−0.016%−0.068%−0.080%−0.143%
Bitget0.22120.002%—−0.029%−0.032%−0.045%−0.097%−0.109%−0.172%
Variational0.221203—−0.002%−0.030%−0.033%−0.047%−0.098%−0.110%−0.173%
All quotes (8)
VenueBidAskQualityAgeVol 24hFlags
Aster0.2211360.221136mark8m$39kno FX
BinanceCEX0.2209860.220986mark8m$4.6Mno FX
BitgetCEX0.22120.2212mark8m$489kno FX
BybitCEX0.221130.22113mark8m$773kno FX
Extended0.220820.22082mark8m$0
GateCEX0.220960.22096mark8m$177kno FX
MEXCCEX0.22110.2211mark8m$168kno FX
Variational0.2212030.221203mark8m$2k

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

↗ buttons open the exchange; some are referral links and we may earn a commission at no extra cost to you.