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UMA funding rate

Live UMA perpetual funding on every connected exchange. Positive funding means longs pay shorts.

Connecting…
Highest (24h)+0.030%Binance
Lowest (24h)+0.030%Variational
Average (24h)+0.030%across 10 venues
Funding gap (24h)+0.000%short the highest, long the lowest
ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume
Binance logoBinanceCEX · UMAUSDT+0.0050%4h—+0.030%+10.9%$0.4048-0.031%—
Bybit logoBybitCEX · UMAUSDT+0.0050%4h—+0.030%+10.9%$0.40480.000%$86.5K
Bitget logoBitgetCEX · UMAUSDT+0.0050%4h—+0.030%+10.9%$0.4059+0.242%$39.6K
MEXC logoMEXCCEX · UMA_USDT+0.0050%4h03:25:03+0.030%+10.9%$0.4047-0.049%$106.1K
Gate logoGateCEX · UMA_USDT+0.0050%4h03:25:03+0.030%+10.9%$0.405+0.074%$11.6K
OKX logoOKXCEX · UMA-USDT-SWAP+0.0050%4h03:25:03+0.030%+10.9%$0.4042—$113.9K
KuCoin logoKuCoinCEX · UMAUSDTM+0.0050%4h03:25:03+0.030%+10.9%$0.4043-0.148%$26.1K
Hyperliquid logoHyperliquidPerp DEX · UMA+0.0013%1h00:25:03+0.030%+10.9%$0.4053+0.173%$44.8K
Aster logoAsterPerp DEX · UMAUSDT+0.0050%4h—+0.030%+10.9%$0.405+0.023%—
Variational logoVariationalCEX · UMA+0.0050%4h—+0.030%+10.9%$0.4053—$12.0K

UMA funding rate explained

Right now UMA perpetual futures trade on 10 exchanges we track. The highest funding is on Binance at +0.030% per day, the lowest on Variational at +0.030%. The average across all venues is +0.030% per day, or about +10.9% a year. Positive funding means UMA longs are paying shorts — the market is leaning long.

The gap between the highest and lowest venue is +0.000% per day. A delta-neutral position that shorts UMA on Binance and goes long on Variational would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live UMA arbitrage board for the price side of the trade.

Settlement intervals differ: UMA funding is paid every 1 hour and 4 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.

Related: UMA arbitrage · UMA price · funding rates for all coins.

What is the UMA funding rate today?

The average UMA funding rate across 10 exchanges is +0.030% per 24 hours. It ranges from +0.030% on Variational to +0.030% on Binance. Rates update every few seconds on this page.

Which exchange has the highest UMA funding rate?

Binance currently has the highest UMA funding at +0.030% per day, and Variational the lowest at +0.030%.

How often is UMA funding paid?

UMA perpetuals settle funding every 1 hour and 4 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is UMA funding positive or negative?

On average it is positive (+0.030% per day): longs pay shorts.