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Terra (LUNA) Funding Rate History

Terra (LUNA) perpetual futures funding ranges from 1.00 bps on BINGX to 5.60 bps on GATEIO across 6 reporting venues, a spread of 4.60 bps. The most extreme rate (61.32% APY annualized) is on GATEIO. Currently all venues currently report positive funding (longs paying shorts).

A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on LUNA price.

LUNA Per-Exchange Funding Rates

ExchangeCurrent Funding (bps)Funding APY7-Day Avg Funding (bps)24h Volume
GATEIO5.60 bps61.32% APY1.60 bps$54.79K
BINGX1.00 bps10.95% APY1.30 bps$2.30M
OKX1.00 bps10.95% APY1.00 bps$1.61M
KUCOIN1.00 bps10.95% APY1.00 bps$176.96K
BITGET1.00 bps10.95% APY1.00 bps$166.75K
HUOBI1.00 bps10.95% APY1.00 bps$22.83K

Last updated 2026-07-16T05:51:25Z (UTC).

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