# MAGIC Funding Rates

As of 2026-10-03 04:35 UTC, MAGIC perpetual funding averages 0.0100% per 8 hours (10.92% APR) across all 14 exchanges that list it, weighted by 24h volume (median 0.0100%). Highest: Binance at 0.0050% per 4h (10.95% APR). Lowest: Bitget at 0.0045% per 4h (9.86% APR). Going long on Bitget and short on Binance collects a gross spread of 0.0010% per 8 hours (1.09% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Crypto.com](https://arbtide.com/funding-rates/magic/cryptocom) | [MAGIC/USD:USD](https://crypto.com/exchange/trade/MAGICUSD-PERP) | 0.0124% | 1h | 108.27% | 2026-10-03 05:00 UTC |
| [Binance](https://arbtide.com/funding-rates/magic/binance) | [MAGIC/USDT:USDT](https://www.binance.com/en/futures/MAGICUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 08:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/magic/bybit) | [MAGIC/USDT:USDT](https://www.bybit.com/trade/usdt/MAGICUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 08:00 UTC |
| [OKX](https://arbtide.com/funding-rates/magic/okx) | [MAGIC/USDT:USDT](https://www.okx.com/trade-swap/magic-usdt-swap) | 0.0050% | 4h | 10.95% | 2026-10-03 08:00 UTC |
| [Gate](https://arbtide.com/funding-rates/magic/gate) | [MAGIC/USDT:USDT](https://www.gate.com/futures/USDT/MAGIC_USDT) | 0.0100% | 8h | 10.95% | 2026-10-03 08:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/magic/kucoin) | [MAGIC/USDT:USDT](https://www.kucoin.com/trade/futures/MAGICUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-03 08:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/magic/mexc) | [MAGIC/USDT:USDT](https://www.mexc.com/futures/MAGIC_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 08:00 UTC |
| [BingX](https://arbtide.com/funding-rates/magic/bingx) | [MAGIC/USDT:USDT](https://bingx.com/en/perpetual/MAGIC-USDT) | 0.0050% | 4h | 10.95% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/magic/whitebit) | [MAGIC/USDT:USDT](https://whitebit.com/trade/MAGIC-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-03 08:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/magic/xt) | [MAGIC/USDT:USDT](https://www.xt.com/en/futures/trade/magic_usdt) | 0.0050% | 4h | 10.95% | 2026-10-03 08:00 UTC |
| [LBank](https://arbtide.com/funding-rates/magic/lbank) | [MAGIC/USDT:USDT](https://www.lbank.com/futures/magicusdt) | 0.0050% | 4h | 10.95% | 2026-10-03 08:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/magic/weex) | [MAGIC/USDT:USDT](https://www.weex.com/futures/MAGIC-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 04:35 UTC |
| [Toobit](https://arbtide.com/funding-rates/magic/toobit) | [MAGIC/USDT:USDT](https://www.toobit.com/en-US/futures/MAGIC-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 08:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/magic/bitget) | [MAGIC/USDT:USDT](https://www.bitget.com/futures/usdt/MAGICUSDT) | 0.0045% | 4h | 9.86% | — |

## 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?

Binance at 0.0050% per 4h (10.95% APR). The lowest is Bitget at 0.0045% per 4h (9.86% APR).

### What is the MAGIC funding arbitrage spread?

The gross spread is 0.0010% per 8 hours (1.09% APR): long MAGIC on Bitget and short on Binance. 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 Binance, Bybit, OKX, KuCoin, MEXC, BingX, WhiteBIT, XT.COM, LBank, WEEX, Toobit, and Bitget; every hour on Crypto.com. Rates on this page are also shown as APR so they can be compared directly.