Question 1

Which exchange has the highest LUMIA funding rate right now?

Accepted Answer

Bitget shows the highest LUMIA funding at +179.48% annualized. A high positive rate means shorts get paid, so this is the venue to short LUMIA when running a funding-arbitrage pair. Rates change every settlement window — check the live screener for the current value.

Question 2

Which exchange is best to long LUMIA for funding?

Accepted Answer

LBank has the lowest LUMIA funding at +10.96% annualized, which makes the long leg cheapest (or paid). Pair it with the highest-funding venue to capture the spread delta-neutral.

Question 3

What is the best LUMIA funding-arbitrage pair?

Accepted Answer

The widest spread is long Binance Futures / short Bitget at about 168.5% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does LUMIA funding settle?

Accepted Answer

LUMIA funding settles every 4h. Longer intervals concentrate the same annualized rate into fewer, larger payments. ORBIT normalizes every venue to a common APR so they are directly comparable.

Question 5

Is LUMIA funding positive or negative?

Accepted Answer

LUMIA funding is currently positive across venues (longs pay shorts), ranging +10.96% to +179.48% APR.

Question 6

What is the current LUMIA perpetual swap funding rate?

Accepted Answer

The current LUMIA perpetual swap funding rate ranges from +10.96% to +179.48% annualized depending on the exchange — LBank is lowest and Bitget is highest right now. There is no single LUMIA funding rate: every venue runs its own funding formula and order book, which is why the rate has to be read by exchange rather than as one number.

Question 7

What is the aggregated LUMIA funding rate across exchanges?

Accepted Answer

Aggregated across the 12 venues ORBIT tracks, LUMIA funding currently spans +10.96% to +179.48% APR, a spread of 168.5 percentage points. An aggregated average hides the part that matters for trading — the gap between the cheapest and dearest venue — so the table above lists each exchange separately.

Question 8

How do I read the LUMIA 8h funding rate versus the annualized rate?

Accepted Answer

LUMIA does not settle on an 8-hour schedule on the venues tracked here. Because intervals differ by exchange, comparing raw per-payment rates is misleading; ORBIT normalizes each venue to annualized APR so the numbers are directly comparable.

Exchange	Funding APR↓	Interval	Open Interest↕	Mark Price↕
BitgetBest Short	+179.48%	4h	$2.7M	$0.0866
BingX	+173.35%	4h	$1.1M	$0.0864
Aster	+33.02%	4h	$1.0M	$0.0862
Binance FuturesBest Long	+10.96%	4h	$5.1M	$0.0864
Bybit	+10.96%	4h	$775K	$0.0864
Gate.io	+10.96%	4h	$143K	$0.0862
MEXC	+10.96%	4h	$233K	$0.0865
Variational	+10.96%	4h	$25K	$0.0863
Toobit	+10.96%	4h	$91K	$0.0863
Bitunix	+10.96%	4h	—	$0.0862
WEEX	+10.96%	4h	$4.3M	$0.0863
LBank	+10.96%	4h	—	$0.0863

LUMIA Perpetual Swap Funding Rate by Exchange

How LUMIA funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

LUMIA funding rates explained

Frequently asked questions