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MAGIC Funding Rate on Toobit

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As of 2026-10-03 06:39 UTC, the MAGIC perpetual on Toobit pays 0.0043% per 4h, 0.0086% per 8 hours (9.39% APR), so longs pay shorts. That is the 10th highest of 14 exchanges shown, against a volume-weighted average of 0.0057% per 8 hours (6.23% APR). Over the last 7 days Toobit averaged -0.0227% per 8 hours (-24.88% APR). The next funding is at 2026-10-03 08:00 UTC.

Rate per 4h
0.0043%
Same rate per 8h
0.0086%
7-day average per 8h
-0.0227%
Next funding
2026-10-03 08:00 UTC
Rank
10 of 14

MAGIC funding on Toobit, per 8h

MAGIC funding on Toobit, per 8 hours, hourly, last 7 days-0.3000%-0.2000%-0.1000%0.0000%0.1000%13:0017:1521:3001:4506:00HW 0.0100%LW -0.2015%0.0099%

Compare Toobit with other exchanges over 7 or 30 days

MAGIC funding arbitrage with Toobit

LongOKX-0.0054%/4hShortToobit0.0043%/4hFunding gap 0.0194% per 8h before fees

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

MAGIC funding on every exchange

Showing 14 of 14

All MAGIC funding rates Toobit funding rates

Frequently asked questions

What is the MAGIC funding rate on Toobit?
0.0043% per 4h, or 0.0086% per 8 hours (9.39% APR), so longs pay shorts. The 7-day average is -0.0227% per 8 hours (-24.88% APR).
How often does Toobit pay MAGIC funding?
Every 4 hours. The next payment is at 2026-10-03 08:00 UTC.
Is MAGIC funding on Toobit higher than on other exchanges?
Toobit is the 10th highest of 14 exchanges shown. The highest is Bybit at 0.0050% per 4h (10.95% APR) and the lowest is OKX at -0.0054% per 4h (-11.84% APR).
How do you arbitrage MAGIC funding with Toobit?
Long MAGIC on OKX and short on Toobit for a gross spread of 0.0194% per 8 hours (21.23% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.