MAGMA Funding Rate and Open Interest on Bybit
Live Bybit MAGMA markets from Bybit's public API: perp and spot price and 24h volume, open interest, funding with its interval and APR, and 24h liquidations. The charts show Bybit only; the table below compares MAGMA on every exchange tracked here.
Bybit has $1.15M of MAGMA perpetual open interest, 12.1% of the $9.53M across the 7 exchanges listing MAGMA perps here (#4). MAGMA funding on Bybit is -0.0603% per 8 hours (≈-66% APR), settled every 4 hours at -0.0301% per payment, below the OI-weighted average of -0.0097% across exchanges. Bybit MAGMA open interest changed +47.61% over the last 24h. $47K of Bybit MAGMA positions were liquidated over the last 24 hours, 76.8% of it longs.
Bybit MAGMA liquidations · last 24 hours
All liquidations →MAGMA markets on Bybit
1 perp| Market | Price | Vol 24h | Open interest | OI 24h | Funding / 8h | APR | Interval | Trade |
|---|---|---|---|---|---|---|---|---|
| MAGMAUSDT perp | 0.2581 | $15.23M | $1.15M | +47.61% | -0.0603% | ≈-66% APR | 4 hours · -0.0301% | Trade ↗ |
MAGMA funding on Bybit
8h equivalent, this exchange onlyView chart data
Not recorded Chart: TradingView Lightweight Charts™
MAGMA open interest on Bybit
USD, this exchange onlyView chart data
Not recorded Chart: TradingView Lightweight Charts™
MAGMA on every exchange
MAGMA funding, all exchanges →| # | Exchange | Open interest | Share | Funding / 8h | APR | Perp vol 24h |
|---|---|---|---|---|---|---|
| 1 | MEXC | $7.11M | — | -0.0096% | ≈-11% APR | $2.55M |
| 2 | Binance | $5.20M | 54.6% | -0.0096% | ≈-11% APR | $84.84M |
| 3 | Bitget | $1.22M | 12.8% | 0.0100% | ≈11% APR | $12.66M |
| 4 | Bybit | $1.15M | 12.1% | -0.0603% | ≈-66% APR | $15.23M |
| 5 | Aster | $1.12M | 11.7% | 0.0072% | ≈8% APR | $507K |
| 6 | Gate | $529K | 5.6% | 0.0060% | ≈7% APR | $1.74M |
| 7 | KuCoin | $314K | 3.3% | 0.0100% | ≈11% APR | $234K |
How it's counted. Open interest is the USD value of open MAGMA 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: Every liquidation (allLiquidation stream); OI and funding polled every 30s; USDT and inverse perps.
MAGMA on Bybit FAQ
What is the MAGMA funding rate on Bybit?
The rate at the top of this page is Bybit's live MAGMA perpetual funding rate, shown per 8 hours (-0.0603%) so it compares directly with other exchanges, and per payment (-0.0301% every 4 hours). Positive means longs pay shorts. The chart below shows its history on Bybit only.
How often does Bybit pay MAGMA funding?
Bybit settles MAGMA funding every 4 hours; the 8-hour figures on this page are scaled to that interval for comparison.
How much MAGMA open interest is on Bybit?
$1.15M open MAGMA perpetual positions on Bybit, 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?
Bybit's public market-data API, read live by this site. Nothing here comes from paid data vendors.