UMA funding rate

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

Connecting…

Highest (24h)-3.005%OKX

Lowest (24h)-8.648%Bybit

Average (24h)-4.638%across 10 venues

Funding gap (24h)+5.642%short the highest, long the lowest

ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume

OKXCEX · UMA-USDT-SWAP-0.5008%4h02:31:02-3.005%-1096.9%$0.4576—$11.50M

KuCoinCEX · UMAUSDTM-0.5534%4h02:31:02-3.320%-1211.9%$0.4586-2.467%$1.17M

BitgetCEX · UMAUSDT-0.5572%4h—-3.343%-1220.3%$0.4596-3.023%$4.14M

MEXCCEX · UMA_USDT-0.6304%4h02:31:02-3.782%-1380.6%$0.4568-3.261%$515.4K

BinanceCEX · UMAUSDT-0.6398%4h—-3.839%-1401.3%$0.4584-3.207%—

AsterPerp DEX · UMAUSDT-0.6703%4h—-4.022%-1467.9%$0.4573-3.232%—

GateCEX · UMA_USDT-0.8333%4h02:31:02-5.000%-1824.9%$0.4578-2.967%$1.84M

VariationalCEX · UMA-0.8681%4h—-5.209%-1901.2%$0.4588—$50.4K

HyperliquidPerp DEX · UMA-0.2589%1h00:31:02-6.214%-2268.2%$0.4575-3.081%$784.5K

BybitCEX · UMAUSDT-1.4413%4h—-8.648%-3156.4%$0.4634-2.236%$7.82M

UMA funding rate explained

Right now UMA perpetual futures trade on 10 exchanges we track. The highest funding is on OKX at -3.005% per day, the lowest on Bybit at -8.648%. The average across all venues is -4.638% per day, or about -1693.0% a year. Negative funding means UMA shorts are paying longs — the market is leaning short.

The gap between the highest and lowest venue is +5.642% per day. A delta-neutral position that shorts UMA on OKX and goes long on Bybit 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.

What is the UMA funding rate today?

The average UMA funding rate across 10 exchanges is -4.638% per 24 hours. It ranges from -8.648% on Bybit to -3.005% on OKX. Rates update every few seconds on this page.

Which exchange has the highest UMA funding rate?

OKX currently has the highest UMA funding at -3.005% per day, and Bybit the lowest at -8.648%.

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 negative (-4.638% per day): shorts pay longs.