# MAGMAUSDT: Recorded Market State

Live MAGMAUSDT price, funding rate and open interest, plus 90 days of funding history and the ByKaranteli derivatives pressure score.

Source: https://bykaranteli.com/symbols/MAGMAUSDT · attribute to ByKaranteli and quote the timestamp.
Snapshot taken 2026-10-19T01:28:34.003Z.

## Live market

Binance USDT-M perpetual, read 2026-10-19 01:28 UTC.

| Mark Price (USD) | Index Price (USD) | Funding Rate (% per interval) | Basis (%) |
| ---: | ---: | ---: | ---: |
| 0.26304 | 0.26278 | +0.0050 | +0.099 |

## Derivatives pressure

Computed 2026-10-19 01:28 UTC. Score is 0 to 100; the side is the one adding pressure.

| Score | Side | Regime | OI 1h (%) | OI 4h (%) | OI 24h (%) | Funding (%) | Basis (%) |
| ---: | --- | --- | ---: | ---: | ---: | ---: | ---: |
| 31 | LONG | Net long bias building | -0.39 | -0.86 | +13.8 | +0.005 | +0.10 |

## MAGMAUSDT Funding Rate History

540 settlements over the last 90 days, average +0.0111% per settlement. Positive funding means longs pay shorts.

| Settlement window (UTC) | Settlements | Avg funding (%) | Positive share (%) |
| --- | ---: | ---: | ---: |
| 00:00 | 90 | +0.0132 | 99 |
| 04:00 | 90 | +0.0122 | 100 |
| 08:00 | 90 | +0.0104 | 98 |
| 12:00 | 90 | +0.0090 | 97 |
| 16:00 | 90 | +0.0099 | 98 |
| 20:00 | 90 | +0.0119 | 99 |

## Perp vs index basis · 30d

Daily closes, mark against index. Average +0.072%, high +0.241%, low -0.067%.

| Date (UTC) | Mark close (USD) | Index close (USD) | Basis (%) |
| --- | ---: | ---: | ---: |
| 2026-09-20 | 0.22432 | 0.22423 | +0.042 |
| 2026-09-21 | 0.22911 | 0.22878 | +0.143 |
| 2026-09-22 | 0.26617 | 0.26587 | +0.112 |
| 2026-09-23 | 0.25149 | 0.25089 | +0.241 |
| 2026-09-24 | 0.24583 | 0.24539 | +0.181 |
| 2026-09-25 | 0.23427 | 0.23390 | +0.156 |
| 2026-09-26 | 0.22815 | 0.22788 | +0.117 |
| 2026-09-27 | 0.21438 | 0.21439 | -0.006 |
| 2026-09-28 | 0.19376 | 0.19366 | +0.050 |
| 2026-09-29 | 0.18735 | 0.18717 | +0.098 |
| 2026-09-30 | 0.18939 | 0.18916 | +0.118 |
| 2026-10-01 | 0.22682 | 0.22644 | +0.169 |
| 2026-10-02 | 0.35782 | 0.35747 | +0.097 |
| 2026-10-03 | 0.24027 | 0.24001 | +0.109 |
| 2026-10-04 | 0.24251 | 0.24244 | +0.028 |
| 2026-10-05 | 0.20629 | 0.20641 | -0.060 |
| 2026-10-06 | 0.21658 | 0.21672 | -0.067 |
| 2026-10-07 | 0.21728 | 0.21735 | -0.034 |
| 2026-10-08 | 0.20784 | 0.20794 | -0.051 |
| 2026-10-09 | 0.20867 | 0.20866 | +0.004 |
| 2026-10-10 | 0.22061 | 0.22036 | +0.114 |
| 2026-10-11 | 0.22354 | 0.22346 | +0.039 |
| 2026-10-12 | 0.22219 | 0.22207 | +0.055 |
| 2026-10-13 | 0.23184 | 0.23180 | +0.017 |
| 2026-10-14 | 0.23164 | 0.23139 | +0.107 |
| 2026-10-15 | 0.23022 | 0.23033 | -0.046 |
| 2026-10-16 | 0.24330 | 0.24314 | +0.065 |
| 2026-10-17 | 0.25002 | 0.24975 | +0.108 |
| 2026-10-18 | 0.26678 | 0.26642 | +0.135 |
| 2026-10-19 | 0.26584 | 0.26552 | +0.120 |

## After a liquidation sweep

What MAGMA's price did in the hours after each of the four map patterns, from our own hourly archive since 2026-08-06; a pattern with fewer than 30 events shows no number.

| Pattern | Events | Median move 1h | Median move 4h | Median move 24h | Base rate | Continued | Reverted in 4h |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cluster within reach | 131 | 0.75% (any hour 0.66%) | 1.66% (any hour 1.28%) | 5.24% (any hour 4.43%) | 51.0% | 43.1% (median -0.25%) | · |
| Lopsided fuel | 644 | 0.68% (any hour 0.66%) | 1.30% (any hour 1.28%) | 4.44% (any hour 4.43%) | 51.0% | 48.7% (median -0.08%) | · |
| Thin side | 415 | 0.71% (any hour 0.66%) | 1.33% (any hour 1.28%) | 4.07% (any hour 4.43%) | 51.0% | 53.8% (median +0.19%) | · |
| Swept level | 182 | 0.92% (any hour 0.66%) | 2.04% (any hour 1.28%) | 6.32% (any hour 4.43%) | 51.0% | 44.9% (median -0.24%) | 41.9% |

- Median move: the median size of the price change 1, 4 and 24 hours after the pattern, either direction; below it, the same median over every hour of the same coins.
- Continued: the share of events in which the price kept going the way the pattern points over 4 hours; below it, the median 4 hour move in that direction (+ is the pattern's way).
- Base rate: the share of all hours after which the price rose over the next 4 hours, the coin flip to hold Continued against.
- Reverted in 4h: swept levels only, the share of events with the price back across the level 4 hours later.
- A pattern with fewer than 30 events shows no number; · marks a value without data.

158,742 map frames of 201 coins since 2026-08-06; computed 2026-10-18 21:21 UTC. A frame is written each hour and reads the price about 40 minutes into the hour; a move is the change in the perpetual's last price from one frame to a later one.

Open the MAGMA liquidation map: /liqmap/magma

Not investment advice. MAGMAUSDT data reflects what our recorders captured for that instrument only. Market data is not a forecast, and past readings do not guarantee future prices.

## Related

- https://bykaranteli.com/symbols/MAGMAUSDT/markets
- https://bykaranteli.com/liqmap/magma
- https://bykaranteli.com/pressure
- https://bykaranteli.com/symbols

Everything in one fetch: https://bykaranteli.com/llms-full.txt
