Funding rate
ALT funding rate, live
The current-period funding rate for the ALT/USDT perpetual on LBank, plus which side of the market pays this period. Straight from the exchange WebSocket.
ALT funding is -0.8371% per period right now (about -2.5112% a day at three periods): shorts pay longs this period.
Funding on ALT is a payment exchanged between long and short traders every 8 hours to keep the perpetual near spot. A positive rate means longs pay; a negative rate means shorts pay. None of it goes to the exchange.
Current funding rate
-0.8371% (کاهش)Who pays
Daily equivalent (3 periods)
-2.5112% (کاهش)Mark price
0.008119Last price
0.00813124h change
-36.62% (کاهش)24h range
0.014024h turnover
52.90MUSDTOpening a live connection to the price stream.
A dash means the exchange has not published that value for this instrument. A dash is not a zero, and we never substitute one for the other.
Questions
Frequently asked questions
The live number is in the panel above, straight from LBank's public WebSocket. It settles every 8 hours and moves between traders, not to the exchange.
Funding is charged on your full position size, not your margin. At a 0.01% period rate and 20× leverage, roughly 0.2% of your committed capital moves each period, three times a day.
Because the exact next-settlement time is not published on the public data stream we consume. A countdown with no real basis is a fabricated number, and we do not render one.
That shorts are paying longs and the perpetual is trading below spot. It is usually seen during periods of selling pressure.
Next step
Trading ALT needs a futures account
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