Rates/KuCoin/MAGIC/USDT

KuCoin MAGIC/USDT Funding Rate

2,668 settlements analyzed · 2023-02-07 to 2026-03-16

Avg Rate / Settlement

-0.0032%

Per funding period

Annualized Yield

-3.48%

Projected annual

Positive Rate %

62.8%

of 2,668 settlements

Interval

3 settlements/day

Funding Rate Analysis

MAGIC/USDT on KuCoin has maintained a 62.8% positive rate frequency across 2,668 funding settlements since 2023-02-07. This translates to an annualized yield of -3.48% for delta-neutral positions.

The funding rate ranged from a low of -1.275% to a high of 0.1303% per settlement period. With 8-hour intervals, KuCoin settles this pair 3 times per day — each settlement is a tradeable event.

Will MAGIC/USDT funding rate be positive? See prediction →

Trade This Rate on Settled

Don't just watch the rate — predict it. Buy YES or NO on whether MAGIC/USDT funding rate will be positive at the next KuCoin settlement. Markets auto-resolve every 8 hours.

Trade MAGIC/USDT Now

How KuCoin Funding Rates Work

Funding rates are periodic payments between long and short traders on perpetual futures contracts. When the rate is positive, longs pay shorts — indicating bullish sentiment and excess leverage on the long side. When negative, shorts pay longs.

KuCoin settles MAGIC/USDT funding every 8 hours. The rate is determined by the premium/discount between the perpetual contract price and the spot index price. Over 2,668 historical settlements, we observe a strong positive bias — making this pair moderately predictable for Settled markets.

Frequently Asked Questions

What is the average MAGIC/USDT funding rate on KuCoin?

The average funding rate is -0.0032% per 8-hour settlement period, which annualizes to approximately -3.48% APR.

How often does MAGIC/USDT have a positive funding rate?

62.8% of the time, based on 2,668 historical settlements from 2023-02-07 to 2026-03-16.

Can I trade MAGIC/USDT funding rates on Settled?

Yes — Settled creates binary prediction markets before each KuCoin MAGIC/USDT funding settlement. You can buy YES (rate will be positive) or NO (rate will be negative or zero). Markets auto-resolve from exchange API data.