MAGIC — price, funding and open interest
MAGIC/USDT perpetual on Binance · OKX · MEXC · Bybit · Bitget · Gate · KuCoin: price 0.041480, 24h turnover $1.2M. Updated in real time.
Chart
What the data shows
MAGIC trades at 0.041480. Over 365 days it ranged between 0.038240 and 0.3166; the price now sits in the lower third of that range — 1% of the way from the yearly low to the high.
The daily range is 2.3% and five-minute NATR is 0.13%. That range is in the 1th percentile for the year — a noticeably calmer day than usual.
Funding is +0.0050%: longs pay shorts, so positioning leans to buyers. That is the 12th percentile for the month: a clear departure from its own norm.
Open positions in MAGIC are worth $1.3M. Over the past hour open interest rose by +0.08%. That is the 94th percentile over three weeks: more positions are open than usual.
Over the day -0.60%, over the hour -0.02%, over the last five minutes -0.07% — the move has only just started.
MAGIC correlation with Bitcoin over 24 hours is -0.22 — it goes its own way, barely looking at Bitcoin.
Traded on 7 venues: Binance, OKX, MEXC, Bybit, Bitget, Gate, KuCoin — the price is cross-checked across several sources.
24-hour turnover is $1.2M — the 47th percentile for the year: a normal level of activity for it.
By turnover it ranks 611 of 1218 instruments in the screener.
By daily range it ranks 972 of 1218.
NATR is 0.05% on the minute and 0.47% on the hour — the move is even, without sharp excursions inside the hour.
Built from current numbers and the coin's own year of history. Updates with the data.
How MAGIC behaved before
Tracked since December 2022 — 44 full months, and falling ones prevail: 28 of 44. Median month -8.4%.
In August the instrument rose 1 times out of 3, median -30.9%.
Best month — January 2023: +171.0%. Worst — March 2025: -46.2%.
Computed from our own minute history, month by month. The past promises nothing — but it shows what is ordinary for this instrument and what is not.
Our observations
KairoRight now MAGIC is within its usual range: volume, funding and open interest are all unremarkable.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Price and movement
Turnover and activity
Futures metrics
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.