UMA Funding Rate History
UMA perpetual futures funding ranges from -20.10 bps on KUCOIN to 1.00 bps on BINGX across 12 reporting venues, a spread of 21.10 bps. The most extreme rate (-220.09% APY annualized) is on KUCOIN. Currently funding signs are mixed: 9 positive, 3 negative.
A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on UMA price.
UMA Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| KUCOIN | -20.10 bps | -220.09% APY | 0.90 bps | $28.30K |
| BYBIT | -3.00 bps | -32.85% APY | -0.10 bps | $154.80K |
| VARIATIONAL | -2.90 bps | -31.75% APY | 0.20 bps | $492.84 |
| BINGX | 1.00 bps | 10.95% APY | 0.90 bps | $1.97M |
| BINANCE | 1.00 bps | 10.95% APY | 0.90 bps | $915.36K |
| BITGET | 1.00 bps | 10.95% APY | 1.00 bps | $203.64K |
| OKX | 1.00 bps | 10.95% APY | 0.70 bps | $142.10K |
| MEXC | 1.00 bps | 10.95% APY | 0.90 bps | $97.17K |
| PHEMEX | 1.00 bps | 10.95% APY | 1.00 bps | $78.68K |
| HYPERLIQUID | 1.00 bps | 10.95% APY | 0.90 bps | $51.63K |
| GATEIO | 1.00 bps | 10.95% APY | 1.00 bps | $13.68K |
| ASTER | 0.40 bps | 4.38% APY | 0.90 bps | $3.54K |
Last updated 2026-05-31T19:48:22.889609Z (UTC).
Loading UMA funding history...
Related: UMA open interest, UMA volume, UMA perp market data.