Question 1

Which exchange has the highest LUNA2 funding rate right now?

Accepted Answer

TxFlow shows the highest LUNA2 funding at +148.72% annualized. A high positive rate means shorts get paid, so this is the venue to short LUNA2 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 LUNA2 for funding?

Accepted Answer

Bybit has the lowest LUNA2 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 LUNA2 funding-arbitrage pair?

Accepted Answer

The widest spread is long Bybit / short TxFlow at about 137.8% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does LUNA2 funding settle?

Accepted Answer

LUNA2 funding settles on different schedules by venue (1h, 4h, 8h). 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 LUNA2 funding positive or negative?

Accepted Answer

LUNA2 funding is currently positive across venues (longs pay shorts), ranging +10.96% to +148.72% APR.

Question 6

What is the current LUNA2 perpetual swap funding rate?

Accepted Answer

The current LUNA2 perpetual swap funding rate ranges from +10.96% to +148.72% annualized depending on the exchange — Bybit is lowest and TxFlow is highest right now. There is no single LUNA2 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 LUNA2 funding rate across exchanges?

Accepted Answer

Aggregated across the 10 venues ORBIT tracks, LUNA2 funding currently spans +10.96% to +148.72% APR, a spread of 137.8 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 LUNA2 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle LUNA2 every 8 hours quote the per-payment rate, which is charged three times a day. Multiply an 8h rate by 3 to get the daily figure and by 1,095 to annualize it. ORBIT converts every venue — 1h, 4h and 8h alike — to a common APR so an 8h rate and a 1h rate can be compared directly.

Exchange	Funding APR↓	Interval	Open Interest↕	Mark Price↕
TxFlowBest Short	+148.72%	1h	$6K	$0.0519
Crypto.com	+134.01%	1h	$5K	$0.0519
Aster	+113.06%	4h	$19K	$0.0518
Pionex	+88.06%	4h	$17K	$0.052
Binance Futures	+71.22%	4h	$2.3M	$0.052
Bitunix	+69.05%	4h	—	$0.052
Toobit	+67.66%	4h	$211K	$0.0519
BloFin	+65.21%	4h	$219K	$0.052
Variational	+32.65%	8h	$18K	$0.0519
BybitBest Long	+10.96%	8h	$860K	$0.0519

LUNA2 Perpetual Swap Funding Rate by Exchange

How LUNA2 funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

LUNA2 funding rates explained

Frequently asked questions