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MAGMA — funding rate on Bitget
Bitget · MAGMAUSDT+0.042%per 4h · +0.011%/hshorts receive
last settlement+0.007%→upcoming payout+0.042%▲ heating up
1:45:03settlement
1calmheat
Price (mark)
0.2374
-5.7% 24h
Vol 24h
$459K
Open interest
$2.4M
Price move in 2 min
—
avg 7d
+0.002%/h
avg 30d
+0.001%/h
Price and skew
Liquidations
24h$543
$543 longs$0 shorts
Longs were wiped — 100% of the total. Quiet over the last hour.
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (4h)
- $1.05 · $0.26/hour
- Net snipe per settlement
- $-2.95 = 0.042% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.26×needs 0.160%+ per settlement
- Liquidation price
- 0.283693 (+19.50% from price)
- Risk at this leverage
- no volatility data
- Max “green” leverage
- —
Funding goes to whoever holds the position at the cut-off. MMR in the liquidation formula is +0.50%; verify the price on the exchange before trading.
Settlement window · facts (2)
before cut-off · 5m · the snipe window (2)
avg+0.12% | -0.06%
max+0.12%
after · 5m
avg+0.28%
max+0.44%
before cut-off · 15m
avg-0.38%
max-0.38%
after · 15m
avg+0.19%
max+0.31%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 31.07 04:00 | +0.380% | -0.38% | +0.07% |
| 28.07 04:00 | +0.155% | -0.38% | +0.31% |
Context and comparison
Funding history · 544 settlements
MAGMA on 3 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Bitget ← you are here | +0.042% / 4h | +0.011%/h | shorts | -0.118% |
| Binance | +0.005% / 4h | +0.001%/h | shorts | -0.155% |
| Bybit | +0.005% / 4h | +0.001%/h | shorts | -0.155% |
Bitget← you are here+0.011%/h
shortsrate +0.042% / 4hsnipe -0.118%
Binance+0.001%/h
shortsrate +0.005% / 4hsnipe -0.155%
Bybit+0.001%/h
shortsrate +0.005% / 4hsnipe -0.155%
Max spread across exchanges: +0.009%/h
MAGMA across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
3 exchanges on one timeline
Bybitevery 4hBitgetevery 4hBinanceevery 4hrate corridor between exchanges
exchanges settle at different frequencies — an 8-hour step is bound to «lag» a 1-hour one, that's its grid, not a slower market
spread typically
0.0020%/h
widest spread
0.0171%/h
24.09 21:00 UTC · Bybit ↔ Binance
the spread is the hedge's rate before fees: that's what an hour of the pair-trade yields
How to read this
- Snipe: enter short before the cut-off, exit after settlement. Funding goes to whoever holds the position at the cut-off. The net capture in the calculator is already net of fees and slippage — and it does not include price moving against you in the settlement window (see volatility above).
- Hedged: a short here + an opposite position of the same size on another exchange or spot — funding capture without price risk, but four legs of fees.
- Extreme funding is a crowd story: price often runs into the cut-off and reverses after. This is data for a decision, not a recommendation.