MAGMA Funding Rate and Open Interest on Bitget
Live Bitget MAGMA markets from Bitget's public API: perp and spot price and 24h volume, open interest, funding with its interval and APR, and 24h liquidations. The charts show Bitget only; the table below compares MAGMA on every exchange tracked here.
Bitget has $1.90M of MAGMA perpetual open interest, 11.5% of the $16.56M across the 6 exchanges counted in the MAGMA total here (#3). MAGMA funding on Bitget is 0.0100% per 8 hours (≈11% APR), settled every 4 hours at 0.0050% per payment, below the OI-weighted average of 0.0753% across exchanges. Bitget MAGMA open interest changed +45.58% over the last 24h. $158K of Bitget MAGMA positions were liquidated over the last 24 hours, 27.6% of it longs.
Bitget MAGMA liquidations · last 24 hours
All liquidations →MAGMA markets on Bitget
1 perp| Market | Price | Vol 24h | Open interest | OI 24h | Funding / 8h | APR | Interval | Trade |
|---|---|---|---|---|---|---|---|---|
| MAGMAUSDT perp | 0.3507 | $25.68M | $1.90M | +45.58% | 0.0100% | ≈11% APR | 4 hours · 0.0050% | Trade ↗ |
MAGMA funding on Bitget
8h equivalent, this exchange onlyNot recorded Chart: TradingView Lightweight Charts™
MAGMA open interest on Bitget
USD, this exchange onlyNot recorded Chart: TradingView Lightweight Charts™
MAGMA on every exchange
MAGMA funding, all exchanges →| # | Exchange | Open interest | Share | Funding / 8h | APR | Perp vol 24h |
|---|---|---|---|---|---|---|
| 1 | Binance | $9.76M | 59.0% | 0.0846% | ≈93% APR | $200.66M |
| 2 | Bybit | $2.15M | 13.0% | 0.0472% | ≈52% APR | $39.01M |
| 3 | Bitget | $1.90M | 11.5% | 0.0100% | ≈11% APR | $25.68M |
| 4 | Aster | $1.52M | 9.2% | 0.1126% | ≈123% APR | $1.55M |
| 5 | Gate | $797K | 4.8% | 0.0100% | ≈11% APR | $4.49M |
| 6 | KuCoin | $427K | 2.6% | 0.0760% | ≈83% APR | $2.12M |
| — | MEXC | $9.87M | not ranked | 0.0842% | ≈92% APR | $3.59M |
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: Sampled liquidations (largest per coin and side each second); OI and funding polled every 30s; no coin-margined perps listed.
MAGMA on Bitget FAQ
What is the MAGMA funding rate on Bitget?
The rate at the top of this page is Bitget's live MAGMA perpetual funding rate, shown per 8 hours (0.0100%) so it compares directly with other exchanges, and per payment (0.0050% every 4 hours). Positive means longs pay shorts. The chart below shows its history on Bitget only.
How often does Bitget pay MAGMA funding?
Bitget 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 Bitget?
$1.90M open MAGMA perpetual positions on Bitget, 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?
Bitget's public market-data API, read live by this site. Nothing here comes from paid data vendors.