# CNPY Funding Rate on LBank

As of 2026-10-07 09:49 UTC, the CNPY perpetual on LBank pays 0.0050% per 4h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 5th highest of 6 exchanges shown, against a volume-weighted average of 0.0094% per 8 hours (10.25% APR). Over the last 7 days LBank averaged 0.0094% per 8 hours (10.24% APR). The next funding is at 2026-10-07 12:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [WEEX](https://arbtide.com/funding-rates/cnpy/weex) | [CNPY/USDT:USDT](https://www.weex.com/futures/CNPY-USDT) | 0.0051% | 4h | 11.27% | 2026-10-07 09:49 UTC |
| [OKX](https://arbtide.com/funding-rates/cnpy/okx) | [CNPY/USDT:USDT](https://www.okx.com/trade-swap/cnpy-usdt-swap) | 0.0050% | 4h | 10.95% | 2026-10-07 12:00 UTC |
| [Gate](https://arbtide.com/funding-rates/cnpy/gate) | [CNPY/USDT:USDT](https://www.gate.com/futures/USDT/CNPY_USDT) | 0.0050% | 4h | 10.95% | 2026-10-07 12:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/cnpy/mexc) | [CNPY/USDT:USDT](https://www.mexc.com/futures/CNPY_USDT) | 0.0050% | 4h | 10.95% | 2026-10-07 12:00 UTC |
| [LBank](https://arbtide.com/funding-rates/cnpy/lbank) | [CNPY/USDT:USDT](https://www.lbank.com/futures/cnpyusdt) | 0.0050% | 4h | 10.95% | 2026-10-07 12:00 UTC |
| [BingX](https://arbtide.com/funding-rates/cnpy/bingx) | [CNPY/USDT:USDT](https://bingx.com/en/perpetual/CNPY-USDT) | 0.0035% | 4h | 7.66% | — |

## Frequently asked questions

### What is the CNPY funding rate on LBank?

0.0050% per 4h, or 0.0100% per 8 hours (10.95% APR), so longs pay shorts. The 7-day average is 0.0094% per 8 hours (10.24% APR).

### How often does LBank pay CNPY funding?

Every 4 hours. The next payment is at 2026-10-07 12:00 UTC.

### Is CNPY funding on LBank higher than on other exchanges?

LBank is the 5th highest of 6 exchanges shown. The highest is WEEX at 0.0051% per 4h (11.27% APR) and the lowest is BingX at 0.0035% per 4h (7.66% APR).

### How do you arbitrage CNPY funding with LBank?

Long CNPY on BingX and short on LBank for a gross spread of 0.0030% per 8 hours (3.29% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.