LUMIA Funding Rate — live across 7 venues

Compared across 7 supported venues · net of estimated fees · updated every few minutes

Live annualized LUMIA perpetual funding across all 7 venues Perpia tracks. Right now LUMIA funding is positive on 7 and negative on 0, ranging from +71.8% on Gate.io to +10.9% on Variational — a spread of 60.9%. The widest delta-neutral trade is long Binance / short Gate.io at 55.1% net APR.

venues

paying positive

60.9%

funding spread

Best LUMIA spread now

55.1%

net APR after fees

Long Binance→Short Gate.io

size depends on live venue depth — see the real cap in the scanner

LUMIA funding trend & liquidity

168h of history

60.9%

current gross APR

34.4%

24h average

33.4%

7-day average

$379K

pair OI · lower leg

$53K

24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

LUMIA funding rate history

30d · 6h buckets · 7 venues

132%0-9.8%

6 Aug5 Sep

LUMIA — average across 7 venuesAsterBinanceBitgetMEXC

Annualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: +20.5%. A break in a line means no data was recorded for that stretch, not a zero rate.

LUMIA funding rate by venue

13 pairs scanned

Venue	Funding APR	Interval
Gate.io ↗	+71.8%	4h
Bitget ↗	+60.2%	4h
Bybit ↗	+59.0%	4h
BingX ↗	+55.6%	4h
Binance ↗	+10.9%	4h
MEXC ↗	+10.9%	4h
Variational ↗	+10.9%	4h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Binance vs Gate.io page.

LUMIA arbitrage — 30-day backtest

long Binance · short Gate.io

13.6%

backtested APR

+$112

historical net P&L on $10,000

0.00%

max drawdown

$10,000$10,112

30 days agostarting capital $10,000today

Over the last 30 days, holding long Binance / short Gate.io would have produced 13.6% APR — versus the 55.1% the live spread implies right now (equity $10,000 → $10,112). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.

Open full interactive backtest →

Loading LUMIA backtest…

LUMIA funding — FAQ

Is LUMIA funding positive right now?

LUMIA perpetual funding is positive on 7 of 7 venues Perpia tracks. The highest is +71.8% on Gate.io; the lowest is +10.9% on Variational.

What is the best LUMIA funding arbitrage right now?

Go long Binance and short Gate.io for about 55.1% net APR after fees — the widest delta-neutral LUMIA spread Perpia currently sees.

Which exchange has the highest LUMIA funding rate?

Gate.io, at +71.8% annualized. Funding shifts continuously, so check the live table above before trading.

How LUMIA funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to LUMIA

Markets also quoted on both Binance and Gate.io — the same two exchanges you would already have funded for the LUMIA trade.

See every spread between them on the Binance vs Gate.io page.

Open the live scanner →All funding rates Funding by exchange How we calculate this