MAGMA funding rate
Binance
-0.0032%
- Annualized
- -6.99%
- 7d avg (annual)
- —
- Next settlement
- · 4h
- Paid by longs over 30 days
- +0.018%
- Mark price
- 0.25486
- Contract
- MAGMAUSDT
OKX
Not listed
Funding rate history (annualized, 30 days)
This contract is new — the funding rate history chart appears after a few settlements.
What the MAGMA funding rate means now
The MAGMA perpetual on Binance currently pays -0.0032% every 4 hours, about -7.0% annualized. The rate is negative, so shorts pay longs at each settlement.
You only pay or receive funding if you hold a position at the settlement time. Rates update every few minutes; check the exchange before trading.
MAGMA on Binance and OKX →Liquidation price calculator →Funding rates: Binance vs OKX →