MAGMA Funding Rate History — Settled Payments by Exchange
Magma Finance
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 Aster | 538 | +4.9739% | +20.26% | +0.0981% | -0.0048% | 2026-09-23 16:00 UTC |
 Bitunix | 180 | +2.2123% | +26.93% | +0.0779% | +0.0050% | 2026-09-23 16:00 UTC |
 WEEX | 180 | +2.2118% | +26.93% | +0.0779% | +0.0050% | 2026-09-23 16:00 UTC |
 MEXC | 180 | +2.2100% | +26.91% | +0.0779% | +0.0050% | 2026-09-23 16:00 UTC |
 Binance Futures | 180 | +2.2077% | +26.88% | +0.0776% | +0.0050% | 2026-09-23 16:00 UTC |
 Pionex | 180 | +2.1196% | +25.81% | +0.0783% | +0.0050% | 2026-09-23 16:00 UTC |
 Bybit | 180 | +1.9181% | +23.35% | +0.0791% | +0.0050% | 2026-09-23 16:00 UTC |
 Hotcoin | 180 | +1.8312% | +22.30% | +0.0779% | -0.0777% | 2026-09-23 16:01 UTC |
 KuCoin | 180 | +1.8264% | +22.24% | +0.1768% | -0.0218% | 2026-09-23 16:00 UTC |
 BingX | 180 | +1.8176% | +22.13% | +0.0612% | +0.0035% | 2026-09-23 16:00 UTC |
 Gate.io | 180 | +1.7117% | +20.84% | +0.0552% | -0.0138% | 2026-09-23 16:00 UTC |
 Toobit | 180 | +1.7001% | +20.70% | +0.1420% | -0.3404% | 2026-09-23 16:00 UTC |
 Bitget | 180 | +1.0369% | +12.62% | +0.0276% | +0.0050% | 2026-09-23 16:00 UTC |
 Extended | 366 | +0.7100% | +17.01% | +0.0109% | +0.0003% | 2026-09-23 18:00 UTC |
What the MAGMA funding rate means
What MAGMA (Magma Finance) actually paid over the last 30 days: 3,064 settlements across 14 venues, broken down venue by venue. These are settled payments — the amount an exchange actually charged or credited each funding interval — not the rate currently quoted for the next payment. Aster paid the most over the window at +4.9739% of position size.
A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 99% of the 3,064 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +4.9739% on Aster to +0.7100% on Extended — the gap between them is what a delta-neutral position collecting on both legs would have captured before fees and slippage. Verify the live version of this spread on the ORBIT funding screener before sizing a trade: settled history shows what already happened, not what will happen next.
Frequently asked questions
- Is the MAGMA funding rate a live quote or an actual payment?
- A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 99% of the 3,064 settlements recorded here.
- Which exchange has paid the most settled MAGMA funding recently?
- Aster paid the most over the last 30 days at +4.9739% of position size across 538 settlements, an average annualized rate of +20.26%. This is a sum of actual payments, not a forecast.
- How often is MAGMA funding actually paid?
- Over the last 30 days, ORBIT recorded 3,064 funding settlements for MAGMA across 14 venues. Settlement schedules differ by venue — some pay hourly, others every 4 or 8 hours — so the number of payments per venue in the table above is not the same for all of them.