UMA funding rates and arbitrage
Updated 2026-10-30 02:33 UTC
Best UMA arbitrage after every cost
No UMA pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
UMA funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| BloFin | UMA-USDT | 0.0050% | 4 h | +11.0% | +6.2% | $42.5K | 2026-10-30 04:00 |
| Bybit | UMAUSDT | 0.0050% | 4 h | +10.9% | +11.0% | $642.1K | 2026-10-30 04:00 |
| KuCoin | UMAUSDTM | 0.0050% | 4 h | +10.9% | −2.1% | $185.5K | 2026-10-30 04:00 |
| MEXC | UMA_USDT | 0.0050% | 4 h | +10.9% | +6.4% | $122.1K | 2026-10-30 04:00 |
| WhiteBIT | UMA_PERP | 0.0050% | 4 h | +10.9% | +11.0% | $254.8K | 2026-10-30 04:00 |
| Bitget | UMAUSDT | 0.0050% | 4 h | +10.9% | +11.0% | $778.6K | 2026-10-30 04:00 |
| OKX | UMA-USDT-SWAP | 0.0050% | 4 h | +10.9% | +7.6% | $238K | 2026-10-30 04:00 |
| Bitunix | UMAUSDT | 0.0050% | 4 h | +10.9% | +5.9% | — | 2026-10-30 04:00 |
| BingX | UMA-USDT | 0.0050% | 4 h | +10.9% | +7.2% | $213K | 2026-10-30 04:00 |
| Binance | UMAUSDT | 0.0050% | 4 h | +10.9% | +6.5% | $1.1M | 2026-10-30 04:00 |
| Aster | UMAUSDT | 0.0050% | 4 h | +10.9% | +1.5% | $12.6K | 2026-10-30 04:00 |
| Gate | UMA_USDT | 0.0050% | 4 h | +10.9% | +9.6% | $40.6K | 2026-10-30 04:00 |
| Hyperliquid | UMA | 0.0013% | 1 h | +10.9% | +9.6% | $180.8K | 2026-10-30 03:00 |
| Variational | UMA-PERP | 0.0050% | 4 h | +10.9% | — | $5.3K | 2026-10-30 04:00 |
Borrow UMA to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bybit | 11.92% | — |
| OKX | 14.60% | — |
| Gate | 25.45% | $20K |
| Binance | 46.57% | — |
Cost to enter $10,000 of UMA
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | UMA_USDT | 3.5 bp | top of book only |
| BingX | UMA-USDT | 6.5 bp | top of book only |
| Binance | UMAUSDT | 6.5 bp | top of book only |
| Bybit | UMAUSDT | 7.0 bp | top of book only |
| BloFin | UMA-USDT | 7.5 bp | top of book only |
| Variational | UMA-PERP | 7.7 bp | top of book only |
| OKX | UMA-USDT-SWAP | 8.1 bp | top of book only |
| Gate | UMA_USDT | 10.6 bp | top of book only |
| Bitget | UMAUSDT | 13.6 bp | top of book only |
| OKX | UMA-USDT (spot) | 16.1 bp | top of book only |
| Aster | UMAUSDT | 19.3 bp | top of book only |
| KuCoin | UMAUSDTM | 19.8 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
More on UMA
Questions
Is UMA funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no UMA pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest UMA funding rate?
BloFin at +11.0% a year (0.0050% every 4 h); the lowest is Variational at +10.9%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.