# MAGIC Funding Rate History: 7-Day Chart and Averages

Since 2026-10-02 13:00 UTC, MAGIC funding averaged 0.0069% per 8 hours across all 14 exchanges that list it, with hourly averages ranging from -0.1636% to 0.0225%. The highest average was on Crypto.com at 0.0725% per 8 hours and the lowest on WEEX at -0.0077% per 8 hours.

## Average by exchange

| Exchange | Market | Now, per 8h | 24h average | 7-day average |
| --- | --- | --- | --- | --- |
| [Crypto.com](https://arbtide.com/funding-rates/magic/cryptocom) | [MAGIC/USD:USD](https://crypto.com/exchange/trade/MAGICUSD-PERP) | 0.1459% | 0.0900% | 0.0725% |
| [Gate](https://arbtide.com/funding-rates/magic/gate) | [MAGIC/USDT:USDT](https://www.gate.com/futures/USDT/MAGIC_USDT) | 0.0160% | 0.0104% | 0.0074% |
| [Binance](https://arbtide.com/funding-rates/magic/binance) | [MAGIC/USDT:USDT](https://www.binance.com/en/futures/MAGICUSDT) | 0.0100% | 0.0100% | 0.0009% |
| [Bybit](https://arbtide.com/funding-rates/magic/bybit) | [MAGIC/USDT:USDT](https://www.bybit.com/trade/usdt/MAGICUSDT) | 0.0100% | 0.0100% | 0.0072% |
| [OKX](https://arbtide.com/funding-rates/magic/okx) | [MAGIC/USDT:USDT](https://www.okx.com/trade-swap/magic-usdt-swap) | 0.0100% | 0.0093% | -0.0018% |
| [Bitget](https://arbtide.com/funding-rates/magic/bitget) | [MAGIC/USDT:USDT](https://www.bitget.com/futures/usdt/MAGICUSDT) | 0.0100% | 0.0100% | 0.0001% |
| [KuCoin](https://arbtide.com/funding-rates/magic/kucoin) | [MAGIC/USDT:USDT](https://www.kucoin.com/trade/futures/MAGICUSDTM) | 0.0100% | 0.0097% | 0.0013% |
| [MEXC](https://arbtide.com/funding-rates/magic/mexc) | [MAGIC/USDT:USDT](https://www.mexc.com/futures/MAGIC_USDT) | 0.0100% | 0.0100% | 0.0009% |
| [WhiteBIT](https://arbtide.com/funding-rates/magic/whitebit) | [MAGIC/USDT:USDT](https://whitebit.com/trade/MAGIC-PERP?type=futures) | 0.0100% | 0.0100% | 0.0092% |
| [XT.COM](https://arbtide.com/funding-rates/magic/xt) | [MAGIC/USDT:USDT](https://www.xt.com/en/futures/trade/magic_usdt) | 0.0100% | 0.0100% | 0.0009% |
| [LBank](https://arbtide.com/funding-rates/magic/lbank) | [MAGIC/USDT:USDT](https://www.lbank.com/futures/magicusdt) | 0.0100% | 0.0100% | 0.0009% |
| [WEEX](https://arbtide.com/funding-rates/magic/weex) | [MAGIC/USDT:USDT](https://www.weex.com/futures/MAGIC-USDT) | 0.0100% | 0.0100% | -0.0077% |
| [Toobit](https://arbtide.com/funding-rates/magic/toobit) | [MAGIC/USDT:USDT](https://www.toobit.com/en-US/futures/MAGIC-SWAP-USDT) | 0.0100% | 0.0100% | 0.0009% |
| [BingX](https://arbtide.com/funding-rates/magic/bingx) | [MAGIC/USDT:USDT](https://bingx.com/en/perpetual/MAGIC-USDT) | 0.0034% | 0.0050% | 0.0043% |

## Daily average by exchange, per 8 hours

| Exchange | Oct 5 | Oct 4 | Oct 3 | Oct 2 |
| --- | --- | --- | --- | --- |
| Crypto.com | 0.0930% | 0.0887% | 0.0778% | 0.0162% |
| Gate | 0.0109% | 0.0102% | 0.0106% | -0.0075% |
| Binance | 0.0100% | 0.0100% | 0.0097% | -0.0430% |
| Bybit | 0.0100% | 0.0100% | 0.0100% | -0.0063% |
| OKX | 0.0100% | 0.0093% | 0.0075% | -0.0527% |
| Bitget | 0.0100% | 0.0100% | 0.0071% | -0.0421% |
| KuCoin | 0.0100% | 0.0097% | 0.0098% | -0.0404% |
| MEXC | 0.0100% | 0.0100% | 0.0097% | -0.0431% |
| WhiteBIT | 0.0100% | 0.0100% | 0.0096% | 0.0059% |
| XT.COM | 0.0100% | 0.0100% | 0.0097% | -0.0429% |
| LBank | 0.0100% | 0.0100% | 0.0097% | -0.0429% |
| WEEX | 0.0100% | 0.0100% | 0.0089% | -0.0924% |
| Toobit | 0.0100% | 0.0100% | 0.0097% | -0.0431% |
| BingX | 0.0034% | 0.0066% | 0.0089% | -0.0102% |

## Daily averages

| Date (UTC) | Average per 8h | Lowest hour | Highest hour |
| --- | --- | --- | --- |
| 2026-10-05 | 0.0145% | 0.0098% | 0.0180% |
| 2026-10-04 | 0.0153% | 0.0128% | 0.0198% |
| 2026-10-03 | 0.0142% | 0.0070% | 0.0225% |
| 2026-10-02 | -0.0317% | -0.1636% | 0.0113% |

## Frequently asked questions

### What is the average MAGIC funding rate today?

On 2026-10-05, MAGIC funding averaged 0.0145% per 8 hours across exchanges, between 0.0098% and 0.0180% hourly.

### Which exchange paid the highest MAGIC funding over the last 7 days?

Crypto.com, with an average of 0.0725% per 8 hours.

### How is funding rate history calculated?

ArbTide stores every exchange funding rate every 5 minutes, then averages it per hour and across exchanges. Every value is converted to an 8-hour rate, the interval most exchanges use, so hourly and 8-hour venues compare directly.