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MAGIC Funding Rate and Open Interest on Binance

Live Binance MAGIC markets from Binance's public API: perp and spot price and 24h volume, open interest, funding with its interval and APR, and 24h liquidations. The charts show Binance only; the table below compares MAGIC on every exchange tracked here.

Binance has $2.85M of MAGIC perpetual open interest, 56.9% of the $5.00M across the 6 exchanges listing MAGIC perps here (#1). MAGIC funding on Binance is -0.0946% per 8 hours (≈-104% APR), settled every 4 hours at -0.0473% per payment, below the OI-weighted average of -0.0713% across exchanges. Binance MAGIC open interest changed -8.54% over the last 4h. $155K of Binance MAGIC positions were liquidated over the last 12 hours, 72.9% of it longs.

#1 of 6 by MAGIC OI1 perp, 1 spotAs of 01:05 UTC

Perp priceMAGICUSDT
0.05397
vol $28.65M
Open interest#1 of 6
$2.85M
56.9% of MAGIC OI-8.54% 4h
Funding8h
-0.0946%
≈-104% APRpaid every 4 hours · -0.0473%
Spot priceMAGICUSDT
0.05410
vol $7.38M

Binance MAGIC liquidations · last 12 hours

All liquidations →
Total
$155K
221 liquidations
Longs
$113K
72.9%
Shorts
$42K
27.1%

Liquidations have been collected for 12 hours so far; the window grows to 24 hours.

MAGIC markets on Binance

1 perp · 1 spot
Market Price Vol 24h Open interest OI 24h Funding / 8h APR Interval Trade
MAGICUSDT perp0.05397$28.65M$2.85M—-0.0946%≈-104% APR4 hours · -0.0473%Trade ↗
MAGICUSDT spot0.05410$7.38M—————Trade ↗

MAGIC funding on Binance

8h equivalent, this exchange only

Chart: TradingView Lightweight Charts™

MAGIC open interest on Binance

USD, this exchange only

Chart: TradingView Lightweight Charts™

MAGIC on every exchange

MAGIC funding, all exchanges →
# Exchange Open interest Share Funding / 8h APR Perp vol 24h
1Binance$2.85M56.9%-0.0946%≈-104% APR$28.65M
2Bitget$614K12.3%-0.0728%≈-80% APR$2.33M
3Bybit$550K11.0%-0.0076%≈-8% APR$6.16M
4KuCoin$477K9.5%0.0100%≈11% APR$529K
5MEXC$414K8.3%-0.0948%≈-104% APR$533K
6Gate$101K2.0%-0.0445%≈-49% APR$1.77M

How it's counted. Open interest is the USD value of open MAGIC perpetual positions (one side) at the mark price. Funding is shown as the 8-hour equivalent so exchanges with 1-, 4- and 8-hour settlements compare directly; the interval column gives the rate actually paid each settlement. HIP-3 markets that share the ticker are left out. Coverage: Liquidations sampled: Binance publishes at most one per symbol per second.

MAGIC on Binance FAQ

What is the MAGIC funding rate on Binance?

The rate at the top of this page is Binance's live MAGIC perpetual funding rate, shown per 8 hours (-0.0946%) so it compares directly with other exchanges, and per payment (-0.0473% every 4 hours). Positive means longs pay shorts. The chart below shows its history on Binance only.

How often does Binance pay MAGIC funding?

Binance settles MAGIC funding every 4 hours; the 8-hour figures on this page are scaled to that interval for comparison.

How much MAGIC open interest is on Binance?

$2.85M open MAGIC perpetual positions on Binance, valued at the current mark price and counted on one side. The comparison table shows every other exchange's share.

Where does the data come from?

Binance's public market-data API, read live by this site. Nothing here comes from paid data vendors.