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MAGIC Funding Rate on OKX

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As of 2026-10-03 01:55 UTC, the MAGIC perpetual on OKX pays 0.0050% per 4h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 3rd highest of 13 exchanges shown, against a volume-weighted average of 0.0095% per 8 hours (10.45% APR). Over the last 7 days OKX averaged -0.0430% per 8 hours (-47.10% APR). The next funding is at 2026-10-03 04:00 UTC.

Rate per 4h
0.0050%
Same rate per 8h
0.0100%
7-day average per 8h
-0.0430%
Next funding
2026-10-03 04:00 UTC
Rank
3 of 13

MAGIC funding on OKX, per 8h

MAGIC funding on OKX, per 8 hours, hourly, last 7 days-0.3000%-0.2000%-0.1000%0.0000%0.1000%13:0016:0019:0022:0001:00HW 0.0100%LW -0.2360%0.0100%

Compare OKX with other exchanges over 7 or 30 days

MAGIC funding arbitrage with OKX

LongBingX0.0017%/4hShortOKX0.0050%/4hFunding gap 0.0066% per 8h before fees

The widest pairing for OKX is long MAGIC on BingX and short on OKX. Fees, slippage and the price basis between venues reduce the net return. Learn what a funding rate is.

MAGIC funding on every exchange

Showing 13 of 13

All MAGIC funding rates OKX funding rates

Frequently asked questions

What is the MAGIC funding rate on OKX?
0.0050% per 4h, or 0.0100% per 8 hours (10.95% APR), so longs pay shorts. The 7-day average is -0.0430% per 8 hours (-47.10% APR).
How often does OKX pay MAGIC funding?
Every 4 hours. The next payment is at 2026-10-03 04:00 UTC.
Is MAGIC funding on OKX higher than on other exchanges?
OKX is the 3rd highest of 13 exchanges shown. The highest is Binance at 0.0050% per 4h (10.95% APR) and the lowest is BingX at 0.0017% per 4h (3.72% APR).
How do you arbitrage MAGIC funding with OKX?
Long MAGIC on BingX and short on OKX for a gross spread of 0.0066% per 8 hours (7.23% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.