MAGMA Funding Rate and Open Interest on MEXC
Live MEXC MAGMA markets from MEXC's public API: perp and spot price and 24h volume, open interest, funding with its interval and APR. The charts show MEXC only; the table below compares MAGMA on every exchange tracked here.
MEXC has $7.13M of MAGMA perpetual open interest. MEXC's OI is shown but left out of the combined MAGMA total; see /data-accuracy#oi-totals. MAGMA funding on MEXC is 0.0100% per 8 hours (≈11% APR), settled every 4 hours at 0.0050% per payment, in line with the OI-weighted average across exchanges.
MAGMA markets on MEXC
1 perp| Market | Price | Vol 24h | Open interest | OI 24h | Funding / 8h | APR | Interval | Trade |
|---|---|---|---|---|---|---|---|---|
| MAGMA_USDT perp | 0.2557 | $2.62M | $7.13M | — | 0.0100% | ≈11% APR | 4 hours · 0.0050% | Trade ↗ |
MAGMA funding on MEXC
8h equivalent, this exchange onlyView chart data
Not recorded Chart: TradingView Lightweight Charts™
MAGMA open interest on MEXC
USD, this exchange onlyView chart data
Not recorded Chart: TradingView Lightweight Charts™
MAGMA on every exchange
MAGMA funding, all exchanges →| # | Exchange | Open interest | Share | Funding / 8h | APR | Perp vol 24h |
|---|---|---|---|---|---|---|
| 1 | MEXC | $7.13M | — | 0.0100% | ≈11% APR | $2.62M |
| 2 | Binance | $5.17M | 54.4% | 0.0100% | ≈11% APR | $88.60M |
| 3 | Bitget | $1.21M | 12.7% | 0.0100% | ≈11% APR | $12.99M |
| 4 | Bybit | $1.19M | 12.5% | 0.0100% | ≈11% APR | $16.05M |
| 5 | Aster | $1.11M | 11.6% | 0.0100% | ≈11% APR | $528K |
| 6 | Gate | $521K | 5.5% | 0.0100% | ≈11% APR | $1.79M |
| 7 | KuCoin | $311K | 3.3% | 0.0100% | ≈11% APR | $247K |
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: USDT perps: open interest and funding polled over REST every 60s; MEXC publishes no liquidation feed.
MAGMA on MEXC FAQ
What is the MAGMA funding rate on MEXC?
The rate at the top of this page is MEXC'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 MEXC only.
How often does MEXC pay MAGMA funding?
MEXC 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 MEXC?
$7.13M open MAGMA perpetual positions on MEXC, 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?
MEXC's public market-data API, read live by this site. Nothing here comes from paid data vendors.