PerpTiers

MAGIC perpetual futures on 7 exchanges

Funding rate, maximum leverage and margin tiers for MAGIC on Binance, OKX, Bybit, Gate, Bitget, MEXC, KuCoin, side by side. Data as of 11 Oct 2026, 09:06 UTC.

The highest leverage on MAGIC is 50x, on Binance, Gate, MEXC; OKX allows up to 20x.

Funding, converted to an 8-hour rate, ranges from -0.4402% on Bybit to -0.1060% on MEXC. Shorts pay longs on every exchange.

At 20x, the largest position you can open ranges from about 10,000 USDT on Binance to 127,940,000,000,000 USDT on MEXC.

Funding and leverage

ExchangeMark priceFunding / 8hAnnualisedSettles everyMax leverageTier 1 maint. rateCalculators
Binance 0.130150 USDT -0.2083% -228.1% 4 h 50x 1.5% Liquidation Size
OKX 0.130060 USDT -0.1965% -215.2% 4 h 20x 2% Liquidation Size
Bybit 0.125870 USDT -0.4402% -482.0% 4 h 25x 2% Liquidation Size
Gate 0.125810 USDT -0.2209% -241.9% 8.0 h 50x 1% Liquidation Size
Bitget 0.125780 USDT -0.1420% -155.5% 4 h 25x 2% Liquidation Size
MEXC 0.127940 USDT -0.1060% -116.1% 8 h 50x 0.4% Liquidation Size
KuCoin 0.128000 USDT -0.1802% -197.3% 4.0 h 25x 2% Liquidation Size

Positive funding means longs pay shorts. Rates are converted to an 8-hour period because exchanges settle every 4 or 8.0 hours for MAGIC. Live rates: funding rate table.

Largest position at each leverage

ExchangeAt 10xAt 20xAt 50xAt 100xMargin tiers
Binance 20.0K USDT10.0K USDT5.0K USDT— 8
OKX 137K USDT19.5K USDT—— 87
Bybit 20.0K USDT10.0K USDT—— 30
Gate 200K USDT50.0K USDT5.0K USDT— 17
Bitget 30.0K USDT10.0K USDT—— 9
MEXC 127,940B USDT127,940B USDT127,940B USDT— 1
KuCoin 20.0K USDT10.0K USDT—— 8

Position value in the margin currency. "—" means the exchange doesn't allow that leverage for MAGIC, or doesn't publish the limit (BingX lists only its first tier).

Compare where a MAGIC position gets liquidated on every exchange · compare trading fees

Reading these numbers

Maximum leverage only applies to small positions. Every exchange splits a contract into margin tiers: as the position grows, the allowed leverage falls and the maintenance margin rate rises, so the liquidation price moves closer to entry. The second table shows where each exchange draws those lines for MAGIC. If you plan a large position, check it there before choosing the exchange.

Funding is paid between longs and shorts, not to the exchange. Over a position held for days it often costs more than trading fees, and the rate can differ a lot between exchanges for the same coin.

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