Terra Funding Rate (LUNA)

Compare Terra perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute

Terra current price: $0.04540

Rate MatrixHeatmapCumulative Fees

LUNA Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1KuCoin+0.0050%+10.95%4h16:00 UTC$0.9M
2Bitget+0.0050%+10.95%4h$0.6M
3Gate+0.0100%+10.95%8h16:00 UTC$0.1M
4CoinExhighest+0.0623%+68.16%8h00:00 UTC$0.1M
5BingX+0.0050%16:00 UTC
6LBank+0.0050%16:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0154%
OI-Weighted Rate
+0.0073%
Volume-Weighted Rate
+0.0102%

LUNA Funding Rate History

About Terra Funding Rate

What is the LUNA funding rate?

The LUNA funding rate is a periodic payment between long and short traders on Terra perpetual futures, designed to keep the contract price anchored to the spot index. When the rate is positive, longs pay shorts; when negative, shorts pay longs. It is the main ongoing cost (or income) of holding a leveraged LUNA perpetual position.

What does a positive or negative LUNA funding rate mean?

A persistently positive LUNA funding rate signals crowded long positioning and bullish sentiment — longs keep paying to stay in the trade. A negative rate signals short-side dominance and bearish sentiment. Extreme funding rates in either direction often indicate an overcrowded trade and raise the risk of a sharp reversal or short squeeze/long squeeze.

What is the current LUNA funding rate?

As of now, the LUNA funding rate averages 0.0154% across 6 exchanges CoinBoss tracks, and the rate is positive. This figure updates in real time — check the table above for the latest per-exchange breakdown and the OI-weighted composite rate.

Which exchange has the highest LUNA funding rate?

Right now coinex shows the highest (or most extreme) LUNA funding rate among tracked exchanges, at 0.0623%. Funding rates can vary meaningfully across exchanges due to differences in order-book premium, index price and leverage demand — creating potential funding rate arbitrage opportunities.
Most exchanges settle funding every 8 hours (00:00 / 08:00 / 16:00 UTC). Actual settlement intervals may vary by exchange and contract.