Magic Eden — Live Price, Open Interest & Funding
#507 MEMagic Eden (ME) is a nft cryptocurrency ranked #507 by market capitalisation. It is currently trading at $0.0863529, down 2.2% over the last 24 hours. The 24-hour range has stretched from $0.0829387 to $0.0877856. 24-hour volume reached 119M ME (~$10.28M), with total turnover of $10.28M. Open interest on perpetual futures sits at 100M ME ($8.61M), reflecting the size of leveraged positions still open. Average funding rate across 7 exchanges is -0.0481%, with shorts paying longs — typically a sign of bearish positioning. Market capitalisation is $47.12M, with a circulating supply of 546M ME out of a maximum of 1B ME. Magic Eden launched in 2024. Live data is aggregated from 9 major exchanges including Binance, Bybit, OKX.
Markets
| Exchange | Price | Turnover 24h | Funding |
|---|---|---|---|
| Binance | $0.0864 | $3.9M | -0.0351% |
| Bybit | $0.08645 | $1.2M | -0.0438% |
| OKX | $0.08637 | $1.8M | -0.0465% |
| KuCoin | $0.0863 | $82K | -0.0193% |
| BingX | $0.0865 | $39K | — |
| Bitget | $0.0862 | $371K | -0.0578% |
| HTX | $0.0861 | $1.6M | — |
| MEXC | $0.0864 | $124K | -0.0491% |
| Gate | $0.0864 | $218K | -0.0849% |
Price changes
Key data
- Open interest
- 100M ME ($8.61M)
- Turnover · 24h
- $10.28M
- Volume · 24h
- 119M ME ($10.28M)
- Fully diluted market cap
- $47.12M
- Circulating supply
- 546M ME
- Total supply
- 1B ME
- Max. supply
- 1B ME
Profile
- Rank
- #507
- Type
- Token
- Category
- NFT
- Date Launched
- 15 Jul 2024
Links
Funding rate Magic Eden
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.
Magic Eden Price & Volume by Exchange
| Exchange | Futures | Spot | Open interest | Turnover 24h | Funding |
|---|---|---|---|---|---|
| Binance | $0.0864 | $0.0864 | 39M | $3.9M | -0.0351% |
| Bybit | $0.08645 | $0.0866 | 20M | $1.2M | -0.0438% |
| OKX | $0.08637 | $0.0867 | 8.6M | $1.8M | -0.0465% |
| KuCoin | $0.0863 | $0.08534 | 9.2M | $82K | -0.0193% |
| BingX | — | $0.0865 | — | $39K | — |
| Bitget | $0.0862 | $0.0864 | 9.7M | $371K | -0.0578% |
| HTX | — | $0.0861 | — | $1.6M | — |
| MEXC | $0.0864 | $0.08651 | 6.4M | $124K | -0.0491% |
| Gate | $0.0864 | $0.08665 | 3.9M | $218K | -0.0849% |
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 Magic Eden (ME)?
- Magic Eden (ME) is currently trading at $0.0863529 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 ME traded?
- Magic Eden (ME) is currently tracked across 9 exchanges: Binance, Bybit, OKX, KuCoin, BingX, Bitget, HTX, 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 ME funding rate now?
- Average ME funding across 7 exchanges is −0.0481% — shorts are paying longs. 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 negative rate means short positioning is dominant; sustained readings below −0.05% commonly precede a short-squeeze — a sharp move up as shorts cover at market.
- What is the ME open interest now?
- Total ME open interest across our tracked venues is 100M (~$8.61M 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 ME 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.