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MAGIC Funding Rates: Live Across 14 Exchanges

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7-day historyPrice arbitrageAlert me on MAGIC funding

As of 2026-10-02 23:54 UTC, MAGIC perpetual funding averages 0.0039% per 8 hours (4.27% APR) across all 14 exchanges that list it, weighted by 24h volume (median 0.0016%). Highest: Bybit at 0.0050% per 4h (10.95% APR). Lowest: BingX at 0.0005% per 4h (1.10% APR). Going long on BingX and short on Bybit collects a gross spread of 0.0090% per 8 hours (9.86% APR) before fees.

MAGIC funding rate by exchange

Showing 14 of 14

MAGIC funding arbitrage

LongBingX0.0005%/4hShortBybit0.0050%/4hFunding gap 0.0090% per 8h before fees

Long MAGIC on BingX and short on Bybit for a funding gap of 0.0090% per 8 hours. Trading fees, slippage and the price basis between venues reduce the net return; the funding table shows it after fees for your size. See how this gap moved. Learn how funding rate arbitrage works and what a funding rate is.

Frequently asked questions

Is the MAGIC funding rate positive right now?
Yes. MAGIC funding is positive on 14 of the 14 exchanges, which means longs are paying shorts on those venues.
Which exchange has the highest MAGIC funding rate?
Bybit at 0.0050% per 4h (10.95% APR). The lowest is BingX at 0.0005% per 4h (1.10% APR).
What is the MAGIC funding arbitrage spread?
The gross spread is 0.0090% per 8 hours (9.86% APR): long MAGIC on BingX and short on Bybit. Trading fees, slippage and price basis reduce the net return.
How often is MAGIC funding paid?
MAGIC funding is paid every 8 hours on Gate; every 4 hours on Bybit, OKX, WhiteBIT, WEEX, KuCoin, Binance, XT.COM, Toobit, MEXC, LBank, Bitget, and BingX; every hour on Crypto.com. Rates on this page are also shown as APR so they can be compared directly.