LUNA2 (Terra Luna 2.0) perpetual futures

LUNA2 (Terra Luna 2.0) perpetuals trade on 11 markets. 24h volume $30.68M, open interest $9.37M. Best funding APR -19.93% on mexc. Cheapest $100k execution (24h median): 45.42 bps on bingx.

Funding rates by venue

Live funding rate, price, liquidity and the funding actually paid over the last 24 hours, 7 and 30 days for LUNA2 (Terra Luna 2.0) on every venue we track.

ExchangeSymbolPrice24h volumeOpen interestFunding / intervalFunding APRPaid 24hPaid 7dPaid 30d
binanceLUNA2USDT0.0543$18.30M$3.10M0.0050%+10.95%+0.0300%+0.4834%+1.3950%
okxLUNA-USDT-SWAP0.0543$5.39M$1.21M-0.0090%-19.73%+0.0163%+0.1963%+0.9100%
bingxLUNA-USDT0.0545$2.46M$986.5K0.0050%+10.95%+0.0400%+0.3898%+1.3658%
bybitLUNA2USDT0.0543$1.99M$570.7K0.0100%+10.95%+0.0300%+0.2100%+0.9000%
bitgetLUNAUSDT0.0543$729.0K$796.0K0.0050%+10.95%+0.0300%+0.2100%+0.9164%
kucoinLUNAUSDTM0.0543$668.9K$889.4K0.0050%+10.95%+0.0300%+0.4986%+1.7905%
mexcLUNANEW_USDT0.0543$629.5K$1.56M-0.0091%-19.93%+0.0167%+0.1967%+0.9104%
gateioLUNA_USDT0.0544$207.6K$190.3K0.0100%+10.95%+0.0590%+0.2809%+1.5192%
txflowLUNA2-USDC0.0543$165.1K$16.7K0.0013%+10.95%
asterdexLUNA2USDT0.0543$134.1K$21.3K0.0050%+10.95%+0.0300%+0.7097%+2.5110%
variationalLUNA20.0544$4.8K$35.2K0.0100%+10.95%

Funding spread across venues

Across 11 venues the funding APR on LUNA2 (Terra Luna 2.0) runs from -19.93% on mexc to +10.95% on binance. The gap between them is 30.88 percentage points a year: that is what a delta-neutral position would collect before fees, holding long on the venue that pays and short on the venue that charges. Over the last 30 days the largest amount actually settled was +2.5110% of position size on asterdex.

Funding history over 30 days

Over the last 30 days we recorded 1740 funding settlements for LUNA2 (Terra Luna 2.0) across 9 venues. The rate was positive in 99% of them, meaning longs paid shorts that often. Summed over the window, asterdex paid the most at +2.5110% of position size and bybit the least at +0.9000%.

Liquidity

Across the venues listed above LUNA2 (Terra Luna 2.0) shows $30.68M of 24h volume and $9.37M of open interest. The deepest venue by 24h volume is binance at $18.30M.

Execution cost

The cheapest venue to open a $100k position in LUNA2 (Terra Luna 2.0), measured as the 24h median of the full cost including taker fee and slippage, is bingx at 45.42 bps. Funding only pays off once the cost of getting in and out is covered, so this number belongs next to the APR above.

What the funding rate on LUNA2 (Terra Luna 2.0) means

A perpetual future on LUNA2 (Terra Luna 2.0) has no expiry, so venues use a funding payment to keep its price tied to spot. When the perp trades above spot, longs pay shorts; when it trades below, shorts pay longs. The rate shown per venue is the share of position size paid at each settlement, and the APR is that share annualised over the venue's own interval. Venues settle LUNA2 (Terra Luna 2.0) on different schedules: 1h, 4h, 8h.

Because every venue computes its own rate from its own order book, the same asset can pay very differently in the same hour. The "paid" columns show what was actually settled rather than what is quoted now, which is the honest way to judge whether a LUNA2 (Terra Luna 2.0) position earned or cost money.

Frequently asked questions

What is the funding rate on LUNA2 (Terra Luna 2.0) right now?

Across 11 venues the funding APR on LUNA2 (Terra Luna 2.0) runs from -19.93% on mexc to +10.95% on binance. The gap between them is 30.88 percentage points a year: that is what a delta-neutral position would collect before fees, holding long on the venue that pays and short on the venue that charges. Over the last 30 days the largest amount actually settled was +2.5110% of position size on asterdex.

Which venue has the most liquid LUNA2 (Terra Luna 2.0) perpetual?

Across the venues listed above LUNA2 (Terra Luna 2.0) shows $30.68M of 24h volume and $9.37M of open interest. The deepest venue by 24h volume is binance at $18.30M.

How often is funding paid on LUNA2 (Terra Luna 2.0)?

Venues settle LUNA2 (Terra Luna 2.0) on different schedules: 1h, 4h, 8h.

Has funding on LUNA2 (Terra Luna 2.0) been paid consistently?

Over the last 30 days we recorded 1740 funding settlements for LUNA2 (Terra Luna 2.0) across 9 venues. The rate was positive in 99% of them, meaning longs paid shorts that often. Summed over the window, asterdex paid the most at +2.5110% of position size and bybit the least at +0.9000%.

Funding history over 30 days

Data generated at 2026-09-22T00:08:20Z. Live numbers load on this page automatically.