ArbiLayer

LUNA funding rate

Live Terra perpetual funding on every connected exchange. Positive funding means longs pay shorts.

Connecting…
Highest (24h)+0.196%KuCoin
Lowest (24h)+0.030%OKX
Average (24h)+0.077%across 4 venues
Funding gap (24h)+0.166%short the highest, long the lowest
ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume
KuCoin logoKuCoinCEX · LUNAUSDTM+0.0326%4h03:12:51+0.196%+71.4%$0.0513+0.098%$128.4K
Bitget logoBitgetCEX · LUNAUSDT+0.0089%4h—+0.053%+19.5%$0.0514+0.287%$90.6K
Gate logoGateCEX · LUNA_USDT+0.0100%8h03:12:51+0.030%+10.9%$0.0512-0.078%$681.5K
OKX logoOKXCEX · LUNA-USDT-SWAP+0.0050%4h03:12:51+0.030%+10.9%$0.0513—$495.9K

LUNA funding rate explained

Right now Terra (LUNA) perpetual futures trade on 4 exchanges we track. The highest funding is on KuCoin at +0.196% per day, the lowest on OKX at +0.030%. The average across all venues is +0.077% per day, or about +28.2% a year. Positive funding means LUNA longs are paying shorts — the market is leaning long.

The gap between the highest and lowest venue is +0.166% per day. A delta-neutral position that shorts LUNA on KuCoin and goes long on OKX would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live LUNA arbitrage board for the price side of the trade.

Settlement intervals differ: LUNA funding is paid every 4 hours and 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.

Related: LUNA arbitrage · Terra price · funding rates for all coins.

What is the LUNA funding rate today?

The average LUNA funding rate across 4 exchanges is +0.077% per 24 hours. It ranges from +0.030% on OKX to +0.196% on KuCoin. Rates update every few seconds on this page.

Which exchange has the highest LUNA funding rate?

KuCoin currently has the highest LUNA funding at +0.196% per day, and OKX the lowest at +0.030%.

How often is LUNA funding paid?

LUNA perpetuals settle funding every 4 hours and 8 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is LUNA funding positive or negative?

On average it is positive (+0.077% per day): longs pay shorts.