# MAGMA Funding Rate on Extended

As of 2026-10-05 15:57 UTC, the MAGMA perpetual on Extended pays 0.0001% per 1h, 0.0008% per 8 hours (0.88% APR), so longs pay shorts. That is the 8th highest of 12 exchanges shown, against a volume-weighted average of 0.0157% per 8 hours (17.23% APR). Over the last 7 days Extended averaged 0.0113% per 8 hours (12.32% APR). The next funding is at 2026-10-05 16:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Toobit](https://arbtide.com/funding-rates/magma/toobit) | [MAGMA/USDT:USDT](https://www.toobit.com/en-US/futures/MAGMA-SWAP-USDT) | 0.1035% | 4h | 226.60% | 2026-10-05 16:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/magma/bybit) | [MAGMA/USDT:USDT](https://www.bybit.com/trade/usdt/MAGMAUSDT) | 0.0050% | 4h | 10.95% | 2026-10-05 16:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/magma/bitget) | [MAGMA/USDT:USDT](https://www.bitget.com/futures/usdt/MAGMAUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/magma/gate) | [MAGMA/USDT:USDT](https://www.gate.com/futures/USDT/MAGMA_USDT) | 0.0050% | 4h | 10.95% | 2026-10-05 16:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/magma/kucoin) | [MAGMA/USDT:USDT](https://www.kucoin.com/trade/futures/MAGMAUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-05 16:00 UTC |
| [Aster](https://arbtide.com/funding-rates/magma/aster) | [MAGMA/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/MAGMAUSDT) | 0.0050% | 4h | 10.95% | — |
| [WEEX](https://arbtide.com/funding-rates/magma/weex) | [MAGMA/USDT:USDT](https://www.weex.com/futures/MAGMA-USDT) | 0.0026% | 4h | 5.69% | 2026-10-05 15:57 UTC |
| [Extended](https://arbtide.com/funding-rates/magma/extended) | [MAGMA/USDC:USDC](https://app.extended.exchange/perp/MAGMA-USD) | 0.0001% | 1h | 0.88% | 2026-10-05 16:00 UTC |
| [LBank](https://arbtide.com/funding-rates/magma/lbank) | [MAGMA/USDT:USDT](https://www.lbank.com/futures/magmausdt) | 0.0004% | 4h | 0.79% | 2026-10-05 16:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/magma/xt) | [MAGMA/USDT:USDT](https://www.xt.com/en/futures/trade/magma_usdt) | 0.0003% | 4h | 0.68% | 2026-10-05 16:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/magma/mexc) | [MAGMA/USDT:USDT](https://www.mexc.com/futures/MAGMA_USDT) | 0.0003% | 4h | 0.66% | 2026-10-05 16:00 UTC |
| [Binance](https://arbtide.com/funding-rates/magma/binance) | [MAGMA/USDT:USDT](https://www.binance.com/en/futures/MAGMAUSDT) | 0.0003% | 4h | 0.64% | 2026-10-05 16:00 UTC |

## Frequently asked questions

### What is the MAGMA funding rate on Extended?

0.0001% per 1h, or 0.0008% per 8 hours (0.88% APR), so longs pay shorts. The 7-day average is 0.0113% per 8 hours (12.32% APR).

### How often does Extended pay MAGMA funding?

Every hour. The next payment is at 2026-10-05 16:00 UTC.

### Is MAGMA funding on Extended higher than on other exchanges?

Extended is the 8th highest of 12 exchanges shown. The highest is Toobit at 0.1035% per 4h (226.60% APR) and the lowest is Binance at 0.0003% per 4h (0.64% APR).

### How do you arbitrage MAGMA funding with Extended?

Long MAGMA on Extended and short on Toobit for a gross spread of 0.2061% per 8 hours (225.73% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.