UMA funding rates
UMA perpetual funding is currently quoted across 5 venues, ranging from -200.5% to +10.9% APR. The most reliable delta-neutral pairing for UMA right now is long Hyperliquid / short Aster at +18.0% net APR (low risk, ~6.2d to break even).
as of 2026-06-12 16:40 UTC
Best delta-neutral pairing
Long Hyperliquid / Short Aster
+18.0% net APR
- Backtested (30d)
- -19.1%
- Stability
- 38.2%
- Risk
- low
- Breakeven
- ~6.2d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeUMA funding by exchange
| Exchange | Funding APR |
|---|---|
| dYdX | +10.95% |
| Aster | +10.95% |
| Variational | -20.18% |
| Hyperliquid | -29.05% |
| Kraken | -200.48% |
Frequently asked
What is the UMA funding rate right now?
UMA perpetual funding ranges from -200.48% to 10.95% APR across 5 exchanges we track; the widest delta-neutral spread is long Hyperliquid / short Aster at 18.0% net APR.
Which exchange has the highest UMA funding rate?
dYdX currently has the highest at 10.95% APR. See the full ranking above.