24h volume$169,869,044,389+96.24%Open interest$131,090,081,463+1.19%Liquidations 24h$151,206,364Longs/Shorts 24h49.64%/50.36%US 30Y5.293%−0.022US debt$40.44T+$30.7B
trifolio

← Arbitrage & Funding

MAGIC Funding Rates

7 exchanges · updated 26 Oct, 18:26 UTC

MAGIC perpetual funding on 7 exchanges, a year (APR): positive means longs pay shorts.

Highest now11.0%BitgetLowest now−55.4%BybitOpen interest$17.0M24h volume$17.9M
Best pair over 7 days
Long BingX · Short Gate · 14.1% a year, 3.7% after fees
Open in Arbitrage
Funding by exchange· highest first
ExchangeNow24h7 daysPayoutPriceOpen interest24h volume
BitgetCEX 11.0%+0.0050% / 4h 11.0% 7 days3.9%paid 78% of hours every 4hnext 20:00 UTC 0.08211 $746K $210K Trade
GateCEX 11.0%+0.0100% / 8h 10.4% 7 days7.5%paid 89% of hours every 8hnext 00:00 UTC 0.082155 $3.7M $1.9M Trade
BinanceCEX 5.0%+0.0023% / 4h 7.3% 7 days−2.9%paid 49% of hours every 4hnext 20:00 UTC 0.082045 $6.2M $7.4M Trade
MEXCCEX 4.8%+0.0022% / 4h 7.3% 7 days−2.9%paid 49% of hours every 4hnext 20:00 UTC 0.082055 $505K $298K Trade
OKXCEX 3.5%+0.0016% / 4h 6.8% 7 days1.8%paid 70% of hours every 4hnext 20:00 UTC 0.082095 $2.2M $4.9M Trade
BingXCEX −44.5%−0.0203% / 4h −4.5% 7 days−6.6%paid 44% of hours every 4hnext 20:00 UTC 0.082085 $2.0M $2.4M Trade
BybitCEX −55.4%−0.0253% / 4h 4.8% 7 days7.0%paid 86% of hours every 4hnext 20:00 UTC 0.08204 $1.7M $774K Trade
Best pairs· after taker fees in and out over a 7-day hold
Pair7 daysAfter feesPrice spreadLiquidity
LongBingXShortGate
CEX ↔ CEX		 14.1% 3.7%fees 0.20% Price spread+0.073%usual +0.062% $2.0M Open
LongMEXCShortGate
CEX ↔ CEX · thin market		 10.4% 3.1%fees 0.14% Price spread+0.11%usual +0.10% $505K Open
LongBingXShortBybit
CEX ↔ CEX · thin market		 13.6% 2.7%fees 0.21% Price spread−0.085%usual +0.011% $1.7M Open
LongMEXCShortBybit
CEX ↔ CEX · thin market		 9.9% 2.1%fees 0.15% Price spread−0.049%usual +0.050% $505K Open
LongBinanceShortGate
CEX ↔ CEX		 10.5% 0.1%fees 0.20% Price spread+0.12%usual +0.10% $3.7M Open
LongBingXShortBitget
CEX ↔ CEX · thin market		 10.5% −1.0%fees 0.22% Price spread+0.012%usual +0.023% $746K Open
LongBinanceShortBybit
CEX ↔ CEX · thin market		 9.9% −1.0%fees 0.21% Price spread−0.037%usual +0.048% $1.7M Open
LongMEXCShortBitget
CEX ↔ CEX · thin market		 6.8% −1.5%fees 0.16% Price spread+0.049%usual +0.052% $505K Open
LongBingXShortOKX
CEX ↔ CEX		 8.4% −2.0%fees 0.20% Price spread0.000%usual +0.014% $2.0M Open
LongMEXCShortOKX
CEX ↔ CEX · thin market		 4.7% −2.6%fees 0.14% Price spread+0.037%usual +0.059% $505K Open
Other coins
ZECSOLXRPBTCHYPENEARXAUTWLFIETHBNBSUITAOXMRENAASTERTRXBCHLTCDOGEVVVZROAVAXUNILINKAAVEADAXPLPEPEONDOWLDLITINJ币安人生BTWHBARARB

Funding from each exchange’s API, refreshed every minute; averages from our hourly records. Links to exchanges are referral links. This is information, not financial advice.