MAGIC Funding Rate and Open Interest on KuCoin
Live KuCoin MAGIC markets from KuCoin's public API: perp and spot price and 24h volume, open interest, funding with its interval and APR. The charts show KuCoin only; the table below compares MAGIC on every exchange tracked here.
KuCoin has $2.62M of MAGIC perpetual open interest, 10.0% of the $26.05M across the 5 exchanges counted in the MAGIC total here (#3). MAGIC funding on KuCoin is -0.1558% per 8 hours (≈-171% APR), settled every 4 hours at -0.0779% per payment, below the OI-weighted average of -0.0750% across exchanges. KuCoin MAGIC open interest changed +649.93% over the last 24h.
MAGIC markets on KuCoin
1 perp| Market | Price | Vol 24h | Open interest | OI 24h | Funding / 8h | APR | Interval | Trade |
|---|---|---|---|---|---|---|---|---|
| MAGICUSDTM perp | 0.1057 | $17.44M | $2.62M | +649.93% | -0.1558% | ≈-171% APR | 4 hours · -0.0779% | Trade ↗ |
MAGIC funding on KuCoin
8h equivalent, this exchange onlyNot recorded Chart: TradingView Lightweight Charts™
MAGIC open interest on KuCoin
USD, this exchange onlyNot recorded Chart: TradingView Lightweight Charts™
MAGIC on every exchange
MAGIC funding, all exchanges →| # | Exchange | Open interest | Share | Funding / 8h | APR | Perp vol 24h |
|---|---|---|---|---|---|---|
| 1 | Binance | $16.68M | 64.0% | -0.0565% | ≈-62% APR | $786.57M |
| 2 | Bybit | $2.93M | 11.3% | -0.1096% | ≈-120% APR | $102.40M |
| 3 | KuCoin | $2.62M | 10.0% | -0.1558% | ≈-171% APR | $17.44M |
| 4 | Gate | $2.39M | 9.2% | 0.0100% | ≈11% APR | $52.64M |
| 5 | Bitget | $1.43M | 5.5% | -0.2336% | ≈-256% APR | $71.21M |
| — | MEXC | $2.17M | not ranked | -0.0616% | ≈-67% APR | $19.17M |
How it's counted. Open interest is the USD value of open MAGIC 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: USDT and inverse perps: open interest and funding polled over REST every 60s; KuCoin publishes no liquidation feed.
MAGIC on KuCoin FAQ
What is the MAGIC funding rate on KuCoin?
The rate at the top of this page is KuCoin's live MAGIC perpetual funding rate, shown per 8 hours (-0.1558%) so it compares directly with other exchanges, and per payment (-0.0779% every 4 hours). Positive means longs pay shorts. The chart below shows its history on KuCoin only.
How often does KuCoin pay MAGIC funding?
KuCoin settles MAGIC funding every 4 hours; the 8-hour figures on this page are scaled to that interval for comparison.
How much MAGIC open interest is on KuCoin?
$2.62M open MAGIC perpetual positions on KuCoin, 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?
KuCoin's public market-data API, read live by this site. Nothing here comes from paid data vendors.