# MAGMA Funding Rate on Toobit

As of 2026-10-06 20:07 UTC, the MAGMA perpetual on Toobit pays 0.0741% per 4h, 0.1482% per 8 hours (162.23% APR), so longs pay shorts. That is the 1st highest of 12 exchanges shown, against a volume-weighted average of 0.0186% per 8 hours (20.40% APR). Over the last 7 days Toobit averaged 0.0760% per 8 hours (83.27% APR). The next funding is at 2026-10-07 00:00 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) | 0.0741% | 4h | 162.23% | 2026-10-07 00:00 UTC |
| [Extended](https://arbtide.com/funding-rates/magma/extended) | [MAGMA/USDC:USDC](https://app.extended.exchange/perp/MAGMA-USD) | 0.0013% | 1h | 11.39% | 2026-10-06 21:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/magma/xt) | [MAGMA/USDT:USDT](https://www.xt.com/en/futures/trade/magma_usdt) | 0.0050% | 4h | 11.04% | 2026-10-07 00:00 UTC |
| [Binance](https://arbtide.com/funding-rates/magma/binance) | [MAGMA/USDT:USDT](https://www.binance.com/en/futures/MAGMAUSDT) | 0.0050% | 4h | 10.95% | 2026-10-07 00:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/magma/bybit) | [MAGMA/USDT:USDT](https://www.bybit.com/trade/usdt/MAGMAUSDT) | 0.0050% | 4h | 10.95% | 2026-10-07 00:00 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% | 2026-10-07 00:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/magma/kucoin) | [MAGMA/USDT:USDT](https://www.kucoin.com/trade/futures/MAGMAUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-07 00:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/magma/mexc) | [MAGMA/USDT:USDT](https://www.mexc.com/futures/MAGMA_USDT) | 0.0050% | 4h | 10.95% | 2026-10-07 00:00 UTC |
| [LBank](https://arbtide.com/funding-rates/magma/lbank) | [MAGMA/USDT:USDT](https://www.lbank.com/futures/magmausdt) | 0.0050% | 4h | 10.95% | 2026-10-07 00:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/magma/weex) | [MAGMA/USDT:USDT](https://www.weex.com/futures/MAGMA-USDT) | 0.0050% | 4h | 10.95% | 2026-10-06 20:07 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% | — |

## Frequently asked questions

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

0.0741% per 4h, or 0.1482% per 8 hours (162.23% APR), so longs pay shorts. The 7-day average is 0.0760% per 8 hours (83.27% APR).

### How often does Toobit pay MAGMA funding?

Every 4 hours. The next payment is at 2026-10-07 00:00 UTC.

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

Toobit is the 1st highest of 12 exchanges shown. The highest is Toobit at 0.0741% per 4h (162.23% APR) and the lowest is Aster at 0.0050% per 4h (10.95% APR).

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

Long MAGMA on Aster and short on Toobit for a gross spread of 0.1382% per 8 hours (151.28% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.