LUNR Funding Rate — live across 2 venues

Compared across 2 supported venues · net of estimated fees · updated every few minutes

Live annualized LUNR perpetual funding across all 2 venues Perpia tracks. Right now LUNR funding is positive on 1 and negative on 0, ranging from +50.0% on KuCoin to +0.0% on OKX — a spread of 50.0%. The widest delta-neutral trade is long OKX / short KuCoin at 40.2% net APR.

venues

paying positive

50.0%

funding spread

Best LUNR spread now

40.2%

net APR after fees

Long OKX→Short KuCoin

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

LUNR funding trend & liquidity

168h of history

50.0%

current gross APR

138.2%

24h average

18.2%

7-day average

$68K

pair OI · lower leg

$60K

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.

LUNR funding rate history

30d · 6h buckets · 3 venues

301%0-173.7%

4 Aug3 Sep

LUNR — average across 3 venuesKuCoinOKXGate.io

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: +7.6%. A break in a line means no data was recorded for that stretch, not a zero rate.

LUNR funding rate by venue

1 pairs scanned

Venue	Funding APR	Interval
KuCoin ↗	+50.0%	8h
OKX ↗	+0.0%	8h

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 OKX vs KuCoin page.

LUNR arbitrage — 30-day backtest

long OKX · short KuCoin

20.2%

backtested APR

+$166

historical net P&L on $10,000

0.22%

max drawdown

$10,000$10,166

30 days agostarting capital $10,000today

Over the last 30 days, holding long OKX / short KuCoin would have produced 20.2% APR — versus the 40.2% the live spread implies right now (equity $10,000 → $10,166). 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 LUNR backtest…

LUNR funding — FAQ

Is LUNR funding positive right now?

LUNR perpetual funding is positive on 1 of 2 venues Perpia tracks. The highest is +50.0% on KuCoin; the lowest is +0.0% on OKX.

What is the best LUNR funding arbitrage right now?

Go long OKX and short KuCoin for about 40.2% net APR after fees — the widest delta-neutral LUNR spread Perpia currently sees.

Which exchange has the highest LUNR funding rate?

KuCoin, at +50.0% annualized. Funding shifts continuously, so check the live table above before trading.

How LUNR 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 LUNR

Markets also quoted on both KuCoin and OKX — the same two exchanges you would already have funded for the LUNR trade.

See every spread between them on the KuCoin vs OKX page.

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