MAGMA price and live market reading
MAGMA trades at $0.2286, −5.69% over the last 24 hours.
Price
$0.2286
perpetual futures
24h
−5.69%
24h volume
$0.5M
futures
Funding (8h)
0.0050%
longs ↔ shorts
SkyFi radar reading
In line with the marketMAGMA is moving like the broad market: its 24h change and funding rate are close to the median of large coins. No clear crowding or squeeze.
FAQ
Will MAGMA go down?
Nobody can know for sure. Current data: MAGMA is −5.69% over 24h. Funding is 0.0050% per 8h; radar reading: in line with the market. Not investment advice.
What does MAGMA funding rate mean?
Funding is the fee longs and shorts pay each other every 8 hours on perpetual futures. Positive means longs pay shorts (longs are crowded); negative means the opposite.
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Source: Gate.io Futures. Generated automatically from market data; not investment advice.