Funding rate
XNY funding rate, live
The current-period funding rate for the XNY/USDT perpetual on LBank, plus which side of the market pays this period. Straight from the exchange WebSocket.
Funding on XNY 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.
Prices are not up to date
No fresh data is arriving from the exchange. Until the real stream returns, no number is shown — deliberately. A stale number that looks live is worse than no number.
Opening a live connection to the price stream.
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 XNY needs a futures account
Ourbit needs no mandatory KYC, supports Persian and has built-in copy trading. Opening an account through TradeYar's link also qualifies you for the free VIP channel.
TradeYar receives a referral commission from Ourbit. It costs you nothing extra, and we never charge you for membership.