MAGMA Funding Rate — live across 8 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized MAGMA perpetual funding across all 8 venues Perpia tracks. Right now MAGMA funding is positive on 8 and negative on 0, ranging from +175.4% on KuCoin to +5.5% on MEXC — a spread of 169.9%. The widest delta-neutral trade is long Binance / short KuCoin at 162.3% net APR.
MAGMA funding rate by venue
17 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| KuCoin | +175.4% | 4h |
| Aster | +73.2% | 1h |
| Bybit | +10.9% | 4h |
| Gate.io | +10.9% | 4h |
| Bitget | +10.9% | 4h |
| BingX | +10.9% | 4h |
| Binance | +5.5% | 8h |
| MEXC | +5.5% | 8h |
Rates annualized; updated ~every few minutes from live venue data.
Loading MAGMA backtest…
MAGMA funding — FAQ
Is MAGMA funding positive right now?
MAGMA perpetual funding is positive on 8 of 8 venues Perpia tracks. The highest is +175.4% on KuCoin; the lowest is +5.5% on MEXC.
What is the best MAGMA funding arbitrage right now?
Go long Binance and short KuCoin for about 162.3% net APR after fees — the widest delta-neutral MAGMA spread Perpia currently sees.
Which exchange has the highest MAGMA funding rate?
KuCoin, at +175.4% annualized. Funding shifts continuously, so check the live table above before trading.
How MAGMA funding arbitrage works
Funding-rate arbitrage is delta-neutral: you go long the venue paying the most negative funding and short the one paying the most positive, so price moves cancel and you collect the spread. The catch is liquidity — a huge APR on a thin book caps at a few thousand dollars and often flips within hours. Perpia shows the max size after slippage and tracks whether a spread holds, so you filter instead of chasing the number.