MAGIC markets: funding rate & open interest by exchange
Funding as 8h equivalent (hover for APR) · OI changes need history| Market | Price | 1h | 24h | 24h volume | Funding 8h | Open interest | OI 1h | OI 4h | OI 24h | Trade |
|---|---|---|---|---|---|---|---|---|---|---|
| Binance perp MAGICUSDT | 0.05486 | -7.49% | — | $21.58M | -0.5877% | $3.23M | +9.99% | — | — | Trade |
| bitget perp MAGICUSDT | 0.05492 | — | — | $1.91M | -0.5506% | $631K | — | — | — | Trade |
| Bybit perp MAGICUSDT | 0.05509 | -7.38% | — | $4.61M | -1.1249% | $597K | +26.21% | — | — | Trade |
| mexc perp MAGIC_USDT | 0.05490 | — | — | $435K | -0.5842% | $374K | — | — | — | Trade |
| kucoin perp MAGICUSDTM | 0.05480 | — | — | $331K | -0.5160% | $254K | — | — | — | Trade |
| Binance spot MAGICUSDT | 0.05530 | -7.57% | — | $5.74M | — | — | — | — | — | Trade |
| Bybit spot MAGICUSDT | 0.05553 | -6.69% | — | $418K | — | — | — | — | — | Trade |
Price and OI changes appear once the server has enough history: it records 5-minute snapshots since its last restart (~2h ago), so 1h values fill in after an hour and 24h values after a day. Trade links go to the exchange and may be referral links.
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MAGIC long/short ratio
All coins' long/short ratios →Long/short ratios are tracked for the top 100 perpetuals by volume on Binance and Bybit. MAGIC is not among them right now. See the coins that are tracked →
MAGIC volume spikes
See live spikes for all coins →| Time | Venue | Type | Side | $ in 1m | × normal | Buy % | +5m | +15m | +1h |
|---|---|---|---|---|---|---|---|---|---|
| 41m ago | BIN perp | FUND | BUY | — | — | — | — | — | — |
| 59m ago | BYB perp | FUND | BUY | — | — | — | — | — | — |
| 68m ago | BIN spot | VOL | MIXED | $174K | 8.0× | 51% | -2.88% | 0.00% | -9.27% |
| 72m ago | BYB perp | VOL | MIXED | $129K | 9.1× | 45% | +0.37% | -1.96% | -7.99% |
| 73m ago | BIN perp | VOL | MIXED | $383K | 6.9× | 54% | +1.59% | -1.26% | -5.84% |
| 74m ago | BIN spot | VOL | MIXED | $115K | 10.8× | 53% | +5.99% | -1.00% | -3.16% |
| 78m ago | BYB perp | VOL | MIXED | $134K | 22.0× | 50% | +4.53% | +3.17% | -1.35% |
| 78m ago | BIN perp | VOL | MIXED | $465K | 93.8× | 44% | +4.49% | +3.04% | -1.66% |
| 80m ago | BIN spot | VOL | BUY | $47K | 21.9× | 67% | +4.41% | +8.11% | +3.17% |
| 81m ago | BIN perp | VOL | MIXED | $95K | 22.8× | 55% | +3.07% | +11.71% | +3.99% |
| 85m ago | BYB perp | VOL | SELL | $101K | 68.9× | 34% | +2.59% | +13.49% | +2.01% |
| 85m ago | BIN spot | VOL | MIXED | $63K | 77.0× | 54% | +2.35% | +15.52% | +3.61% |
| 87m ago | BIN perp | VOL | MIXED | $257K | 88.2× | 49% | -3.89% | +9.50% | +0.48% |
| 2h ago | BIN perp | VOL | MIXED | $113K | 42.1× | 51% | +3.11% | +4.61% | +3.00% |
| 2h ago | BIN spot | VOL | SELL | $32K | 63.4× | 13% | +3.10% | +4.56% | +4.74% |
| 2h ago | BIN spot | VOL | BUY | $53K | 216.5× | 60% | -1.26% | 0.00% | +5.59% |
| 2h ago | BIN perp | VOL | MIXED | $94K | 43.2× | 57% | +0.73% | -0.82% | +5.29% |
| 2h ago | BIN perp | VOL | BUY | $698K | 443.3× | 64% | +1.46% | +2.31% | +6.46% |
| 2h ago | BIN spot | VOL | MIXED | $150K | 1643.2× | 47% | +1.29% | +2.22% | +7.21% |
Newest first, up to 100. +5m / +15m / +1h show the price change after each spike and fill in as time passes. They describe the past, not a prediction.
MAGIC liquidations: long vs short
All liquidations →| Window | Longs | Shorts | Long / short | Count |
|---|---|---|---|---|
| 1h | $64K | $8,818 | 106 | |
| 4h | $93K | $47K | 197 | |
| 24h | $93K | $47K | 197 |
Biggest MAGIC liquidations, 24h
- BINLONG$5,664@ 0.0557032m ago
- BINSHORT$4,959@ 0.0623172m ago
- BINLONG$4,927@ 0.0541583m ago
- BINLONG$4,775@ 0.0605465m ago
- BINLONG$4,746@ 0.0600765m ago
Latest
- BINLONG$568@ 0.05473just now
- BINLONG$355@ 0.05469just now
- BINLONG$231@ 0.05479just now
- BINLONG$1,594@ 0.054561m ago
- BINLONG$29@ 0.054581m ago
- BINLONG$153@ 0.054631m ago
- BINLONG$577@ 0.054832m ago
- BINLONG$228@ 0.054792m ago
From Binance USDⓈ-M and Bybit linear perps. Binance reports at most one liquidation per symbol per second, so totals are a lower bound. A long liquidation is a forced sell; a short liquidation is a forced buy.
About the MAGIC numbers
MAGIC funding rate
Perpetual futures have no expiry, so exchanges keep their price close to spot with periodic funding payments between longs and shorts. A positive MAGIC funding rate means longs pay shorts (more demand for leveraged longs); negative means shorts pay longs. Rates here are converted to an 8-hour equivalent so exchanges with 1h, 4h and 8h intervals compare directly, and the headline figure is weighted by each exchange's open interest.
MAGIC open interest
Open interest is the USD value of all open MAGIC perpetual positions. Rising OI alongside a price move means new positions are opening; falling OI means positions are closing (including liquidations). OI changes are measured from 5-minute snapshots.
MAGIC liquidations
A liquidation is a leveraged position the exchange closed by force. Long liquidations are forced sells that hit when price drops; short liquidations are forced buys when price rises. The long/short split shows which side was caught.
MAGIC volume spikes
A spike is a minute where one MAGIC market traded at least 4× its normal minute volume, with a size floor. Buy % is the share of taker buys. The +5m / +15m / +1h columns show what price did afterwards. They are history, not a signal. Not financial advice.