MAGIC Funding Rate and Open Interest on Bitget
Live Bitget MAGIC markets from Bitget's public API: perp and spot price and 24h volume, open interest, funding with its interval and APR, and 24h liquidations. The charts show Bitget only; the table below compares MAGIC on every exchange tracked here.
Bitget has $1.04M of MAGIC perpetual open interest, 4.2% of the $24.70M across the 5 exchanges counted in the MAGIC total here (#5). MAGIC funding on Bitget is -0.0382% per 8 hours (≈-42% APR), settled every 4 hours at -0.0191% per payment, below the OI-weighted average of 0.0070% across exchanges. Bitget MAGIC open interest changed +22.58% over the last 4h. $49K of Bitget MAGIC positions were liquidated over the last 24 hours, 21.1% of it longs.
Bitget MAGIC liquidations · last 24 hours
All liquidations →MAGIC markets on Bitget
1 perp| Market | Price | Vol 24h | Open interest | OI 24h | Funding / 8h | APR | Interval | Trade |
|---|---|---|---|---|---|---|---|---|
| MAGICUSDT perp | 0.1186 | $18.94M | $1.04M | — | -0.0382% | ≈-42% APR | 4 hours · -0.0191% | Trade ↗ |
MAGIC funding on Bitget
8h equivalent, this exchange onlyNot recorded Chart: TradingView Lightweight Charts™
MAGIC open interest on Bitget
USD, this exchange onlyNot recorded Chart: TradingView Lightweight Charts™
MAGIC on every exchange
MAGIC funding, all exchanges →| # | Exchange | Open interest | Share | Funding / 8h | APR | Perp vol 24h |
|---|---|---|---|---|---|---|
| 1 | Binance | $15.46M | 62.6% | 0.0050% | ≈5% APR | $285.64M |
| 2 | Gate | $3.86M | 15.6% | 0.0265% | ≈29% APR | $17.72M |
| 3 | Bybit | $2.50M | 10.1% | 0.0100% | ≈11% APR | $39.09M |
| 4 | KuCoin | $1.83M | 7.4% | 0.0002% | ≈0% APR | $6.05M |
| 5 | Bitget | $1.04M | 4.2% | -0.0382% | ≈-42% APR | $18.94M |
| — | MEXC | $2.21M | not ranked | 0.0100% | ≈11% APR | $8.09M |
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: Sampled liquidations (largest per coin and side each second); OI and funding polled every 30s; no coin-margined perps listed.
MAGIC on Bitget FAQ
What is the MAGIC funding rate on Bitget?
The rate at the top of this page is Bitget's live MAGIC perpetual funding rate, shown per 8 hours (-0.0382%) so it compares directly with other exchanges, and per payment (-0.0191% every 4 hours). Positive means longs pay shorts. The chart below shows its history on Bitget only.
How often does Bitget pay MAGIC funding?
Bitget 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 Bitget?
$1.04M open MAGIC perpetual positions on Bitget, 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?
Bitget's public market-data API, read live by this site. Nothing here comes from paid data vendors.