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MAGMA Funding Rate and Open Interest on Binance

Live Binance MAGMA markets from Binance's public API: perp and spot price and 24h volume, open interest, funding with its interval and APR, and 24h liquidations. The charts show Binance only; the table below compares MAGMA on every exchange tracked here.

Binance has $4.51M of MAGMA perpetual open interest, 53.4% of the $8.44M across the 7 exchanges listing MAGMA perps here (#2). MAGMA funding on Binance is 0.0646% per 8 hours (≈71% APR), settled every 4 hours at 0.0323% per payment, above the OI-weighted average of 0.0569% across exchanges. Binance MAGMA open interest changed +15.86% over the last 24h. $74K of Binance MAGMA positions were liquidated over the last 24 hours, 51.6% of it longs.

#2 of 7 by MAGMA OI1 perpAs of 21:43 UTC

Perp priceMAGMAUSDT
0.2391
+26.92% 24hvol $28.24M
Open interest#2 of 7
$4.51M
53.4% of MAGMA OI+15.86% 24h
Funding8h
0.0646%
≈71% APRpaid every 4 hours · 0.0323%

Binance MAGMA liquidations · last 24 hours

All liquidations →
Total
$74K
118 liquidations
Longs
$38K
51.6%
Shorts
$36K
48.4%

MAGMA markets on Binance

1 perp
Market Price Vol 24h Open interest OI 24h Funding / 8h APR Interval Trade
MAGMAUSDT perp0.2391$28.24M$4.51M+15.86%0.0646%≈71% APR4 hours · 0.0323%Trade ↗

MAGMA funding on Binance

8h equivalent, this exchange only

Chart: TradingView Lightweight Charts™

MAGMA open interest on Binance

USD, this exchange only

Chart: TradingView Lightweight Charts™

MAGMA on every exchange

MAGMA funding, all exchanges →
# Exchange Open interest Share Funding / 8h APR Perp vol 24h
1MEXC$6.09M—0.0654%≈72% APR$1.43M
2Binance$4.51M53.4%0.0646%≈71% APR$28.24M
3Bitget$1.25M14.8%0.0300%≈33% APR$3.24M
4Aster$1.04M12.3%0.0699%≈77% APR$204K
5Bybit$960K11.4%0.0152%≈17% APR$3.78M
6Gate$497K5.9%0.0100%≈11% APR$517K
7KuCoin$188K2.2%0.0376%≈41% APR$28K

How it's counted. Open interest is the USD value of open MAGMA perpetual positions (one side) at the mark price. Funding is shown as the 8-hour equivalent so exchanges with 1-, 4- and 8-hour settlements compare directly; the interval column gives the rate actually paid each settlement. HIP-3 markets that share the ticker are left out. Coverage: USDⓈ-M perps and, from 2026-09-28, COIN-M (inverse) perps; liquidations sampled: Binance publishes at most one per symbol per second.

MAGMA on Binance FAQ

What is the MAGMA funding rate on Binance?

The rate at the top of this page is Binance's live MAGMA perpetual funding rate, shown per 8 hours (0.0646%) so it compares directly with other exchanges, and per payment (0.0323% every 4 hours). Positive means longs pay shorts. The chart below shows its history on Binance only.

How often does Binance pay MAGMA funding?

Binance settles MAGMA funding every 4 hours; the 8-hour figures on this page are scaled to that interval for comparison.

How much MAGMA open interest is on Binance?

$4.51M open MAGMA perpetual positions on Binance, valued at the current mark price and counted on one side. The comparison table shows every other exchange's share.

Where does the data come from?

Binance's public market-data API, read live by this site. Nothing here comes from paid data vendors.