Loading…
AfterFees

Borrow rates · MAGMA

Borrow MAGMA: rates on every exchange

Annualised margin borrow rates for MAGMA at VIP 0, and whether borrowing it to collect negative funding pays after every cost.

Updated 2026-11-11 23:09 UTC

MAGMA borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Bitget1.03%1.12%7.76%1.12%$45.3K$166.3KBorrowable
Gate13.75%14.23%20.39%14.23% *$30Knot publishedBorrowable

Annualised simply (hourly rate × 8,760). Rate counted = the higher of the current rate and the 24 h average, as in every calculation on AfterFees. * Gate: rate × the published VIP multiplier (inferred).

Reverse carry on MAGMA: borrow and sell spot, long the perp

No reverse MAGMA carry nets a profit at this size right now.

At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.

MAGMA perps, most negative funding first

ExchangeContractRateEveryAnnualised
BybitMAGMAUSDT0.0050%4 h+10.9%
KuCoinMAGMAUSDTM0.0050%4 h+10.9%
BitgetMAGMAUSDT0.0050%4 h+10.9%
AsterMAGMAUSDT0.0050%4 h+10.9%
GateMAGMA_USDT0.0050%4 h+10.9%
ExtendedMAGMA-USD0.0025%1 h+21.9%
BinanceMAGMAUSDT0.0101%4 h+22.0%
MEXCMAGMA_USDT0.0109%4 h+23.9%

Coins

Funding rates and every arbitrage on this coinMAGMA

Questions

Where is it cheapest to borrow MAGMA?

Bitget, at 1.12% a year at the rate we count (the higher of the current rate and the 24 h average), among 2 exchanges that lend MAGMA.

Can I earn negative funding on MAGMA by borrowing it?

Not right now: no reverse MAGMA carry covers its borrow interest, fees and slippage at $10,000 for 7 days.

The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.