UMA funding rates and arbitrage
UMA perpetuals trade on 12 contracts across 12 venues, forming 66 cross-venue arbitrage pairs. By net APR the current best pair is long Coinbase against short Aster, netting +116.07%, though note the legs settle on different cadences (1h / 4h)。
UMA perpetual funding rates by venue
APR = current rate × (24 ÷ settlement interval) × 365. Venues settle on different cadences, so rates must be annualised before comparing.
| Venue | Contract | Margin | Settlement | Current rate | APR | 24h avg APR | 24h volume | Mark |
|---|---|---|---|---|---|---|---|---|
| BingX | UMA-USDT | USDT | 4h | -0.0001% | -0.22% | -10.49% | $2.3M | 0.37350 |
| Binance | UMAUSDT | USDT | 4h | -0.0005% | -1.10% | +2.80% | $1.4M | 0.37348 |
| Bybit | UMAUSDT | USDT | 4h | 0.0030% | +6.53% | +10.18% | $358K | 0.37360 |
| WhiteBIT | UMA_PERP | USDT | 4h | 0.0050% | +10.95% | +10.95% | $293K | 0.37360 |
| OKX | UMA-USDT-SWAP | USDT | 4h | 0.0019% | +4.17% | -7.83% | $227K | 0.37330 |
| MEXC | UMA_USDT | USDT | 4h | -0.0002% | -0.44% | +2.77% | $109K | 0.37350 |
| Bitget | UMAUSDT | USDT | 4h | 0.0050% | +10.95% | +10.95% | $75K | 0.37390 |
| Hyperliquid | UMA | USDC | 1h | 0.0013% | +10.95% | +9.69% | $67K | 0.37366 |
| Gate | UMA_USDT | USDT | 4h | 0.0050% | +10.95% | +10.95% | $34K | 0.37430 |
| KuCoin | UMAUSDTM | USDT | 4h | -0.0012% | -2.63% | +9.41% | $17K | 0.37340 |
| Coinbase | UMA-PERP | USDC | 1h | -0.0120% | -105.12% | -105.12% | $14K | 0.48346 |
| Aster | UMAUSDT | USDT | 4h | 0.0050% | +10.95% | -29.72% | $585 | 0.37509 |
UMA cross-venue arbitrage pairs
Short the higher-APR leg and go long the lower one; net APR = short leg − long leg.
| Long | Short | Net APR | Daily | 24h avg | Settlement | Liquidity |
|---|---|---|---|---|---|---|
| Coinbase USDC | Aster USDT | +116.07% | 0.3180% | +75.40% | 1h / 4h | $585 |
| Coinbase USDC | Bitget USDT | +116.07% | 0.3180% | +116.07% | 1h / 4h | $14K |
| Coinbase USDC | Gate USDT | +116.07% | 0.3180% | +116.07% | 1h / 4h | $14K |
| Coinbase USDC | Hyperliquid USDC | +116.07% | 0.3180% | +114.81% | 1h matched | $14K |
| Coinbase USDC | WhiteBIT USDT | +116.07% | 0.3180% | +116.07% | 1h / 4h | $14K |
| Coinbase USDC | Bybit USDT | +111.65% | 0.3059% | +115.30% | 1h / 4h | $14K |
| Coinbase USDC | OKX USDT | +109.29% | 0.2994% | +97.29% | 1h / 4h | $14K |
| Coinbase USDC | BingX USDT | +104.90% | 0.2874% | +94.63% | 1h / 4h | $14K |
| Coinbase USDC | MEXC USDT | +104.68% | 0.2868% | +107.89% | 1h / 4h | $14K |
| Coinbase USDC | Binance USDT | +104.02% | 0.2850% | +107.92% | 1h / 4h | $14K |
| Coinbase USDC | KuCoin USDT | +102.49% | 0.2808% | +114.53% | 1h / 4h | $14K |
| KuCoin USDT | Aster USDT | +13.58% | 0.0372% | -39.12% | 4h matched | $585 |
UMA project profile
- Total
- 131.55M
- Max supply
- unlimited
- Type
- Token
- Market cap rank
- #576
0x04fa0d235c4abf4bcf4787af4cf447de572ef8280x3bd2b1c7ed8d396dbb98ded3aebb41350a5b2339About
UMA is a decentralized financial contracts platform built to enable Universal Market Access. UMA builds infrastructure for “priceless” financial contracts: DeFi contracts that minimize oracle usage, avoiding many of the security and scalability issues that have plagued decentralized finance. The first contracts built with UMA are priceless synthetic tokens: ERC20 tokens that can track anything while minimizing the need for on-chain price data. The UMA project token powers the system in two ways: Governance: UMA token holders govern what types of contracts can access the system, which asset types are supported, and key system parameters and upgrades. Price requests: the priceless methodology minimizes on-chain price requests but doesn’t eliminate them — when contract interactions are disputed, UMA token holders fulfill price requests via the Data Verification Mechanism, or DVM. UMA tokens enable the holder to participate in community governance and resolve contract disputes through the DVM. The tokens are not an investment opportunity.
Reference data from CoinGecko, independent of the rate data on this site. We do not verify or endorse what these links contain.
Funding rates for other coins
Snapshot taken 2026-10-19 15:53 UTC; the page regenerates every minute. For live data, history charts and filters, open the live dashboard, or browse All coins.