Magic Eden (ME) — price, funding and open interest
ME/USDT perpetual on Binance · Upbit · BingX · OKX · Bybit · Bitget · MEXC · Coinbase · Hyperliquid · Gate · Kraken · HTX · KuCoin: price 0.074335, 24h turnover $7.6M. Updated in real time.
What this is
Network infrastructureMagic Eden — an NFT marketplace that started on Solana and later added other blockchains.
ME unlocks
Full unlock calendar →Past unlocks: 44
Chart
Chart built from data of Bybit
What the data shows
ME trades at 0.074335. Over 365 days it ranged between 0.053040 and 0.8957; the price now sits in the lower third of that range — 3% of the way from the yearly low to the high.
All-time high is 8.9700 (December 2024); the price is 99% below it now.
24-hour turnover is $7.6M — the 93th percentile for the year: noticeably busier than usual.
The daily range is 13.9% and five-minute NATR is 0.35%. That range is in the 91th percentile for the year — an unusually wide day.
Funding is +0.0050%: longs pay shorts, so positioning leans to buyers. For this coin that is an ordinary rate — the 24th percentile for the month.
Over the day +8.32%, over the hour +1.06%, over the last five minutes +0.26% — the move has only just started.
Traded on 13 venues: Binance, Upbit, BingX, OKX, Bybit, Bitget, MEXC, Coinbase, Hyperliquid, Gate, Kraken, HTX, KuCoin — the price is cross-checked across several sources.
Open positions in ME are worth $6.8M. Over the past hour open interest rose by 1.61%. That is an ordinary level for this coin — the 33th percentile.
NATR is 0.08% on the minute and 1.51% on the hour — the move is choppy: within an hour price travels far and comes back.
ME correlation with Bitcoin over 24 hours is 0.41 — it partly moves with the market.
By turnover it ranks 485 of 2007 instruments in the screener.
By daily range it ranks 378 of 2007.
Built from current numbers and the coin's own year of history. Updates with the data.
How ME behaved before
Tracked since November 2024 — 22 full months, and falling ones prevail: 16 of 22. Median month -17.4%.
Best month — July 2026: +5.5%. Worst — December 2025: -39.7%.
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 ME 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
Similar instruments
From the same group — network infrastructure. They open the same way, with a chart and a breakdown.
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.
How much money sits in open positions on each venue. The total spans every exchange listing the contract.