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 2026-10-30 05:53 UTC
MAGMA borrow rates by exchange
| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| Bitget | 1.19% | 1.20% | 2.19% | 1.20% | $57K | $177.1K | Borrowable |
| Gate | 10.25% | 10.83% | 56.63% | 10.83% * | $120K | not published | Borrowable |
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
Coins
| Funding rates and every arbitrage on this coin | MAGMA |
Questions
Where is it cheapest to borrow MAGMA?
Bitget, at 1.20% 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.