Binance Futures has an annual funding rate.

For #luna , this rate is -79%. It's in the top 20 coins traded on Binance futures.

Currently, long positions receive pleasant funding. It was every hour until January 5th, now it's every 4 hours.

In 2023, the negative rate worked against short sellers and pushed prices upward. In 2024 and 2025, the situation didn't have a clear scenario. What will it be like in 2026?

Why, besides new coins, is Luna 2.0 of interest to short sellers? It's at a historical low (except for the mega dump on October 10 across all coins).

What do you think, why is Luna and how does a prolonged negative funding rate affect the chart? River also had a rate of around -1.00% every hour, and the price soared 50% upward on January 5th and 6th.