Magma Finance — Live Price, Open Interest & Funding
#476 MAGMAMagma Finance (MAGMA) is a defi cryptocurrency ranked #476 by market capitalisation. It is currently trading at $0.271949, up 8.1% over the last 24 hours. The 24-hour range has stretched from $0.250616 to $0.289692. 24-hour volume reached 31M MAGMA (~$8.35M), with total turnover of $8.35M. Open interest on perpetual futures sits at 37M MAGMA ($10.18M), reflecting the size of leveraged positions still open. Average funding rate across 6 exchanges is +0.0110%, with longs paying shorts — typically a sign of bullish positioning. Market capitalisation is $51.67M, with a circulating supply of 190M MAGMA out of a maximum of 1B MAGMA. Magma Finance launched in 2025. Live data is aggregated from 6 major exchanges including Binance, Bybit, KuCoin.
Markets
| Exchange | Price | Turnover 24h | Funding |
|---|---|---|---|
| Binance | $0.27211 | $4.9M | +0.0351% |
| Bybit | $0.27249 | $1.6M | +0.0092% |
| KuCoin | $0.2722 | $38K | -0.0004% |
| Bitget | $0.27219 | $870K | +0.0094% |
| MEXC | $0.272 | $237K | +0.0075% |
| Gate | $0.2724 | $175K | +0.005% |
Price changes
Key data
- Open interest
- 37M MAGMA ($10.18M)
- Turnover · 24h
- $8.35M
- Volume · 24h
- 31M MAGMA ($8.35M)
- Fully diluted market cap
- $51.67M
- Circulating supply
- 190M MAGMA
- Total supply
- 1B MAGMA
- Max. supply
- 1B MAGMA
Profile
- Rank
- #476
- Type
- Token
- Category
- DeFi
- Date Launched
- 16 Dec 2025
Links
Funding rate Magma Finance
Funding rate is paid every 8 hours between long and short traders. Positive rate: longs pay shorts (market is bullish). Negative rate: shorts pay longs. Extreme values (>0.1%) often precede reversals.
Magma Finance Price & Volume by Exchange
| Exchange | Futures | Spot | Open interest | Turnover 24h | Funding |
|---|---|---|---|---|---|
| Binance | $0.27211 | — | 18M | $4.9M | +0.0351% |
| Bybit | $0.27249 | — | 8.2M | $1.6M | +0.0092% |
| KuCoin | $0.2722 | — | 3.8M | $38K | -0.0004% |
| Bitget | $0.27219 | $0.27192 | 5.6M | $870K | +0.0094% |
| MEXC | $0.272 | $0.27152 | 442K | $237K | +0.0075% |
| Gate | $0.2724 | $0.27071 | 992K | $175K | +0.005% |
Futures and spot price comparison across major exchanges. A large spread between exchanges may signal arbitrage opportunity or liquidity imbalance.
Frequently asked questions
- What is the current price of Magma Finance (MAGMA)?
- Magma Finance (MAGMA) is currently trading at $0.271949 USDT. The price updates every minute and is aggregated across the major crypto exchanges — Binance, Bybit, OKX, KuCoin, Bitget, BingX, MEXC, HTX, Gate.io and Hyperliquid — which removes single-venue outliers and gives a stable reference price you can use for alerts and cross-exchange comparison.
- Where is MAGMA traded?
- Magma Finance (MAGMA) is currently tracked across 6 exchanges: Binance, Bybit, KuCoin, Bitget, MEXC, Gate — both USDT-M perpetual futures and USDT spot pairs where available. Data refreshes every minute, and each venue feeds the aggregated metrics (price, turnover, open interest, funding).
- What is the MAGMA funding rate now?
- Average MAGMA funding across 6 exchanges is +0.0110% — longs are paying shorts. Funding is a periodic payment between perpetual-contract sides that pins the perp price to spot; it is charged every 8 hours on most venues (some run 4-hour or 1-hour cycles). A positive rate means long positioning is dominant; sustained readings above +0.05% historically signal long-side overcrowding and frequently precede a long-squeeze — a sharp reversal as longs get force-liquidated.
- What is the MAGMA open interest now?
- Total MAGMA open interest across our tracked venues is 37M (~$10.18M in USD). Open interest is the aggregate notional of unsettled futures contracts (each contract is one long + one short, counted once). Rising OI with rising price confirms fresh money entering and trend strength; rising OI with falling price points to aggressive short build-up; falling OI signals position unwinding and weakening momentum. Watch OI live in the dashboard or set an OI-spike alert below.
- How can I get an alert on MAGMA price, OI or funding moves?
- JustScreener scans all 4000+ pairs on 10 exchanges every minute — there is no list of coins to configure. For price, OI or volume alerts use the Custom Screener; for funding — the Funding Screener. A Telegram or push notification fires the moment a rule triggers.