MAGMA perpetual funding rates compared across 3 venues

Across 3 venues, funding on MAGMA perpetuals spans 0.0636pp per 8-hour interval — 0.1908pp over a full day.

On a $10,000 long that is about $19.08 a day more on MEXC than on BYBIT, before any fee to move it.

Funding is positive everywhere, so longs are paying shorts on every venue listed.

VenuePer 8hPer daySettles
Bybit+0.0050pp+0.015pp8h
Bitget+0.0050pp+0.015pp8h
MEXC+0.0686pp+0.206pp4h

Not quoting this contract: okx.

Rates are normalised to an 8-hour interval so venues that settle on different schedules can be compared directly. Figures are read from each exchange's public API at build time and move continuously.

Run your own position size through the funding calculator.

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