Funding Rate (UMA)

Compare perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute

current price: $0.3918

Rate MatrixHeatmapCumulative Fees

UMA Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0050%+10.95%4h08:00 UTC$1.4M
2Bitget+0.0050%+10.95%4h$0.9M
3Bybithighest+0.1826%+399.99%4h12:00 UTC$0.7M
4WhiteBIT+0.0050%+10.95%4h12:00 UTC$0.3M
5Hyperliquid+0.0013%+10.95%1h$0.3M
6KuCoin+0.0050%+10.95%4h12:00 UTC$0.2M
7MEXC+0.0050%$0.2M
8Gate+0.0050%+10.95%4h12:00 UTC$0.1M
9Aster+0.0013%+10.95%1h09:00 UTC$0.0M
10Kraken-0.0134%$0.0M
11BingX+0.0050%08:00 UTC
12Bitunix+0.0050%+10.95%4h12:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0176%
OI-Weighted Rate
+0.0339%
Volume-Weighted Rate
+0.0157%

UMA Funding Rate History

UMA Cumulative Funding Cost

Cumulative settled funding rate by exchange over each window — positive means longs paid shorts (cost of holding a long), negative means shorts paid longs.

Exchange1D7D30D90D
Binance+0.0000%+0.1800%-0.1211%+0.3036%

About Funding Rate

What is the UMA funding rate?

The UMA funding rate is a periodic payment between long and short traders on perpetual futures, designed to keep the contract price anchored to the spot index. When the rate is positive, longs pay shorts; when negative, shorts pay longs. It is the main ongoing cost (or income) of holding a leveraged UMA perpetual position.

What does a positive or negative UMA funding rate mean?

A persistently positive UMA funding rate signals crowded long positioning and bullish sentiment — longs keep paying to stay in the trade. A negative rate signals short-side dominance and bearish sentiment. Extreme funding rates in either direction often indicate an overcrowded trade and raise the risk of a sharp reversal or short squeeze/long squeeze.

What is the current UMA funding rate?

As of now, the UMA funding rate averages 0.0176% across 12 exchanges CoinBoss tracks, and the rate is positive. This figure updates in real time — check the table above for the latest per-exchange breakdown and the OI-weighted composite rate.

Which exchange has the highest UMA funding rate?

Right now bybit shows the highest (or most extreme) UMA funding rate among tracked exchanges, at 0.1826%. Funding rates can vary meaningfully across exchanges due to differences in order-book premium, index price and leverage demand — creating potential funding rate arbitrage opportunities.
Most exchanges settle funding every 8 hours (00:00 / 08:00 / 16:00 UTC). Actual settlement intervals may vary by exchange and contract.