MAGIC Funding Rate and Open Interest on MEXC
Live MEXC MAGIC markets from MEXC's public API: perp and spot price and 24h volume, open interest, funding with its interval and APR. The charts show MEXC only; the table below compares MAGIC on every exchange tracked here.
MEXC has $2.29M of MAGIC perpetual open interest, not ranked and left out of the combined MAGIC total: MEXC's reported open interest moves about 6.8 times more than its own trades imply (T-344), so it is shown per market but not added to combined totals. See /data-accuracy#oi-totals. MAGIC funding on MEXC is -0.0868% per 8 hours (≈-95% APR), settled every 4 hours at -0.0434% per payment, above the OI-weighted average of -0.1123% across exchanges. MEXC MAGIC open interest changed +515.21% over the last 24h.
MAGIC markets on MEXC
1 perp| Market | Price | Vol 24h | Open interest | OI 24h | Funding / 8h | APR | Interval | Trade |
|---|---|---|---|---|---|---|---|---|
| MAGIC_USDT perp | 0.1118 | $19.42M | $2.29M | +515.21% | -0.0868% | ≈-95% APR | 4 hours · -0.0434% | Trade ↗ |
MAGIC funding on MEXC
8h equivalent, this exchange onlyNot recorded Chart: TradingView Lightweight Charts™
MAGIC open interest on MEXC
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 | $17.93M | 64.9% | -0.1006% | ≈-110% APR | $801.95M |
| 2 | Bybit | $2.90M | 10.5% | -0.1632% | ≈-179% APR | $104.32M |
| 3 | KuCoin | $2.87M | 10.4% | -0.1796% | ≈-197% APR | $17.81M |
| 4 | Gate | $2.43M | 8.8% | 0.0100% | ≈11% APR | $53.60M |
| 5 | Bitget | $1.50M | 5.4% | -0.2626% | ≈-288% APR | $72.33M |
| — | MEXC | $2.29M | not ranked | -0.0868% | ≈-95% APR | $19.42M |
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: USDT perps: open interest and funding polled over REST every 60s; MEXC publishes no liquidation feed.
MAGIC on MEXC FAQ
What is the MAGIC funding rate on MEXC?
The rate at the top of this page is MEXC's live MAGIC perpetual funding rate, shown per 8 hours (-0.0868%) so it compares directly with other exchanges, and per payment (-0.0434% every 4 hours). Positive means longs pay shorts. The chart below shows its history on MEXC only.
How often does MEXC pay MAGIC funding?
MEXC 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 MEXC?
$2.29M open MAGIC perpetual positions on MEXC, 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?
MEXC's public market-data API, read live by this site. Nothing here comes from paid data vendors.