M
Magma Finance — Live Price, Open Interest & Funding
#315 MAGMAMagma Finance (MAGMA) is a defi cryptocurrency ranked #315 by market capitalisation. It is currently trading at $0.452034, down 1.88% over the last 24 hours. The 24-hour range has stretched from $0.410976 to $0.578269. 24-hour volume reached 845M MAGMA (~$381.78M), with total turnover of $383.17M. Open interest on perpetual futures sits at 63M MAGMA ($28.40M), reflecting the size of leveraged positions still open. Average funding rate across 6 exchanges is +0.0460%, with longs paying shorts — typically a sign of bullish positioning. Market capitalisation is $85.89M, 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, Bitget.
Markets
| Exchange | Price | Turnover 24h | Funding |
|---|---|---|---|
| Binance | $0.45328 | $254M | +0.0655% |
| Bybit | $0.4554 | $57M | +0.0893% |
| Bitget | $0.45382 | $44M | +0.005% |
| KuCoin | $0.44705 | $2.8M | +0.005% |
| MEXC | $0.45539 | $13M | +0.0653% |
| Gate | $0.45477 | $6.7M | +0.0462% |
MAGMA technical analysis
as of 29.08.2026 14:01This is an automated summary of technical indicators, not investment advice. Crypto is highly volatile — make your own decisions.
Price changes
Key data
- Open interest
- 63M MAGMA ($28.40M)
- OI change
- -0.02% 1h +0.03% 24h
- OI / 24h turnover
- 0.07
- Where OI sits
- Binance 49.3%, Bitget 19.1%, MEXC 18.1%
- Turnover · 24h
- $383.17M
- Volume · 24h
- 845M MAGMA ($381.78M)
- Fully diluted market cap
- $85.89M
- Circulating supply
- 190M MAGMA
- Total supply
- 1B MAGMA
- Max. supply
- 1B MAGMA
Profile
- Rank
- #315
- Type
- Token
- Category
- DeFi
- Date Launched
- 16 Dec 2025
Links
Funding rate Magma Finance
Funding is a payment between longs and shorts. Positive: longs pay shorts (bullish market), negative: shorts pay longs. Settlement intervals differ between venues, so each rate is shown alongside its 8-hour equivalent — the only form in which venues are comparable. The annualized figure assumes the current rate persists — arithmetic, not a forecast.
Where Magma Finance positions were built
- 0.54594333 2.0%
- 0.53155000 7.7%
- 0.51715667 23.9%
- 0.50276333 7.2%
- 0.48837000 11.0%
- 0.45958333 1.1%
- 0.43079667 4.8%
- 0.41640333 5.4%
- 0.40201000 0.0%
- 0.38761667 7.1%
- 0.37322333 0.5%
- 0.35883000 4.0%
- 0.34443667 5.7%
- 0.31565000 2.7%
- 0.30125667 4.0%
- 0.28686333 0.4%
- 0.27247000 2.2%
- 0.25807667 1.1%
- 0.24368333 3.4%
- 0.22929000 4.7%
- 0.21489667 1.1%
Positive open interest increases over the last 7 days, bucketed by the price of the hour they occurred in. It shows where leverage was added, not where anyone gets liquidated: the side of the position is absent from this data. Most was built around 0.51715667. Built by: MEXC 57%, Binance 23%, KuCoin 7%.
The snapshot is taken on the hour boundary, so a weekly map is 168 points, not a continuous series. A bucket price is the price of the hour, not of each trade inside it. Position closures are not included.
Magma Finance Price & Volume by Exchange
| Exchange | Futures | Vs market | Spot | Open interest | Turnover 24h | Funding |
|---|---|---|---|---|---|---|
| Binance | $0.45328 | -0.22% | — | 31M | $254M | +0.0655% |
| Bybit | $0.4554 | +0.24% | — | 4.8M | $57M | +0.0893% |
| Bitget | $0.45382 | -0.10% | $0.45266 | 12M | $44M | +0.005% |
| KuCoin | $0.44705 | -1.59% | — | 2M | $2.8M | +0.005% |
| MEXC | $0.45539 | +0.24% | $0.44175 | 11M | $13M | +0.0653% |
| Gate | $0.45477 | +0.10% | $0.45419 | 1.6M | $6.7M | +0.0462% |
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 $0.452034 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, Bitget, KuCoin, 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 +0.0460% — 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 63M (~$28.40M 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 5,400+ coins on 10 exchanges every 60 seconds — 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.