UMA perpetuals
Compare funding costs for one asset across venues.
Data as of 2026-10-15 04:09 UTC
UMA is quoted on 7 contracts. The highest funding rate is on Bitget at +10.95% annualised, quoted per 4h, and the lowest is on Aster at -21.02% — a gap of 31.97 points. Rate periods differ across these contracts, so each is converted to a simple annualised figure before comparison.
By venue
| Venue | Rate | Annualised | 30d realised APR | Max leverage | 24h turnover | Actions |
|---|---|---|---|---|---|---|
| BitgetCentralisedUMAUSDT | +0.0050%4h | +10.95% | -3.81% |
50x | 157.1K | |
| BybitCentralisedUMAUSDT | +0.0050%4h | +10.95% | -11.89% |
25x | 291.4K | |
| GateCentralisedUMA_USDT | +0.0050%4h | +10.95% | — no history yet |
25x | 47.7K | |
| HyperliquidOn-chainUMA | +0.0013%1h | +10.95% | — no history yet |
3x | 66.5K | |
| OKXCentralisedUMA-USDT-SWAP | +0.0050%4h | +10.95% | -19.33% |
10x | 497.0K | |
| BinanceCentralisedUMAUSDT | +0.0008%4h | +1.84% | -15.35% |
50x | 1.9M | |
| AsterOn-chainUMAUSDT | -0.0096%4h | -21.02% | — no history yet |
5x | 16.9K |
Common questions
Which exchanges list UMA perpetual futures?
UMA trades as 7 perpetual contracts across 7 venues: Aster, Binance, Bitget, Bybit, Gate, Hyperliquid and OKX. The busiest is Binance, with $1.9M of 24h turnover — 65% of the total.
Where is UMA funding cheapest right now?
For a long, the most favourable collected rate is -21.02% annualised on Aster; for a short, it is +10.95% on Bitget — a gap of 31.97 points. Venues disagree on direction: a long is paid on Aster but pays on Bitget.
How much funding does a 10,000 USDT UMA position pay per day?
At current rates a 10,000 USDT long pays about +3.00 USDT a day on Bitget and -5.76 USDT on Aster. Over the past 30 days Bitget actually settled an average of -1.04 USDT a day on the same position. A negative figure means the long is paid.
How often does UMA funding settle?
It depends on the venue: Hyperliquid every 1h; Aster, Binance, Bitget, Bybit, Gate and OKX every 4h.
What has UMA funding actually paid over the past 30 days?
The highest realised figure was on Bitget: -3.81% annualised across 135 settlements, 8% of them negative. The lowest was OKX, at -19.33%. 4 of the 7 contracts have at least a week of settled history to measure.
What is the highest leverage available on UMA?
The highest collected cap is 50x, on Binance and Bitget. On Binance it applies up to 5K USDT of notional; above that the cap drops to 25x.
Further readingCross-venue funding spreads: from gross rates to net P&LHow funding fees work: amounts, signs and settlementHow liquidation price is calculated: tiered maintenance margin and deductions
UMA comparison scope and payment direction
This page retains low-turnover UMA contracts without the main ranking’s $1M threshold. Positive funding is paid by longs; negative funding is paid by shorts. High and low are rate values, not recommendations. These contracts quote in USD and USDT; check each specification for settlement currency and multiplier before comparing. Annualisation method · Official sources.
Rates and chart methodology
Annualised over the window sums what actually settled on that contract, then extrapolates across the hours those settlements covered — it is not today's rate projected forward. A contract listed less than 30 days ago is extrapolated from its own span. The grey line is zero: above it longs pay, below it shorts pay. Every row in that column shares one vertical scale, so their swings can be compared directly.
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Margin ladders
Bitget · UMAUSDT No deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 5000 quote | 1.5000% | 50.00x | — |
| 2 | 5000 – 10000 quote | 2.0000% | 25.00x | — |
| 3 | 10000 – 25000 quote | 3.0000% | 20.00x | — |
| 4 | 25000 – 40000 quote | 4.0000% | 15.00x | — |
| 5 | 40000 – 50000 quote | 5.0000% | 10.00x | — |
| 6 | 50000 – 125000 quote | 12.0000% | 5.00x | — |
| 7 | 125000 – 5000000 quote | 15.0000% | 4.00x | — |
| 8 | 5000000 – 7500000 quote | 30.0000% | 2.00x | — |
| 9 | 7500000 – ∞ quote | 60.0000% | 1.00x | — |
Bybit · UMAUSDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 25000 quote | 2.0000% | 25.00x | — |
| 2 | 25000 – 50000 quote | 2.5000% | 20.00x | 125 |
| 3 | 50000 – 75000 quote | 3.0000% | 16.67x | 375 |
| 4 | 75000 – 100000 quote | 3.5000% | 14.29x | 750 |
| 5 | 100000 – 125000 quote | 4.0000% | 12.50x | 1250 |
| 6 | 125000 – 150000 quote | 4.5000% | 11.12x | 1875 |
| 7 | 150000 – 175000 quote | 5.0000% | 10.00x | 2625 |
| 8 | 175000 – 200000 quote | 5.5000% | 9.10x | 3500 |
| 9 | 200000 – 225000 quote | 6.0000% | 8.34x | 4500 |
| 10 | 225000 – 250000 quote | 6.5000% | 7.70x | 5625 |
| 11 | 250000 – 275000 quote | 7.0000% | 7.15x | 6875 |
| 12 | 275000 – 300000 quote | 7.5000% | 6.67x | 8250 |
| 13 | 300000 – 325000 quote | 8.0000% | 6.25x | 9750 |
| 14 | 325000 – 350000 quote | 8.5000% | 5.89x | 11375 |
| 15 | 350000 – 375000 quote | 9.0000% | 5.56x | 13125 |
| 16 | 375000 – 850000 quote | 11.0000% | 4.55x | 20625 |
| 17 | 850000 – 950000 quote | 13.0000% | 3.85x | 37625 |
| 18 | 950000 – 1050000 quote | 15.0000% | 3.34x | 56625 |
| 19 | 1050000 – 1150000 quote | 17.0000% | 2.95x | 77625 |
| 20 | 1150000 – 1250000 quote | 19.0000% | 2.64x | 100625 |
| 21 | 1250000 – 1350000 quote | 21.0000% | 2.39x | 125625 |
| 22 | 1350000 – 1450000 quote | 23.0000% | 2.18x | 152625 |
| 23 | 1450000 – 1550000 quote | 25.0000% | 2.00x | 181625 |
| 24 | 1550000 – 1650000 quote | 27.0000% | 1.86x | 212625 |
| 25 | 1650000 – 1750000 quote | 29.0000% | 1.73x | 245625 |
| 26 | 1750000 – 1850000 quote | 31.0000% | 1.62x | 280625 |
| 27 | 1850000 – 1950000 quote | 33.0000% | 1.52x | 317625 |
| 28 | 1950000 – 2050000 quote | 35.0000% | 1.43x | 356625 |
| 29 | 2050000 – 2150000 quote | 45.0000% | 1.12x | 561625 |
| 30 | 2150000 – ∞ quote | 60.0000% | 1.00x | 884125 |
Gate · UMA_USDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 5000 quote | 3.0000% | 25.00x | — |
| 2 | 5000 – 10000 quote | 3.5000% | 20.00x | 25 |
| 3 | 10000 – 15000 quote | 4.0000% | 18.00x | 75 |
| 4 | 15000 – 20000 quote | 5.0000% | 15.00x | 225 |
| 5 | 20000 – 30000 quote | 5.5000% | 14.00x | 325 |
| 6 | 30000 – 50000 quote | 6.0000% | 12.00x | 475 |
| 7 | 50000 – 70000 quote | 6.5000% | 11.00x | 725 |
| 8 | 70000 – 100000 quote | 7.0000% | 10.00x | 1075 |
| 9 | 100000 – 150000 quote | 10.0000% | 8.00x | 4075 |
| 10 | 150000 – 200000 quote | 15.0000% | 5.00x | 11575 |
| 11 | 200000 – 300000 quote | 20.0000% | 4.00x | 21575 |
| 12 | 300000 – 500000 quote | 28.0000% | 3.00x | 45575 |
| 13 | 500000 – 700000 quote | 45.0000% | 2.00x | 130575 |
| 14 | 700000 – 1000000 quote | 60.0000% | 1.50x | 235575 |
| 15 | 1000000 – 1500000 quote | 78.0000% | 1.20x | 415575 |
| 16 | 1500000 – ∞ quote | 90.0000% | 1.05x | 595575 |
Hyperliquid · UMA With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – ∞ quote | 16.6667% | 3.00x | — |
OKX · UMA-USDT-SWAP No deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 10000 base | 2.0000% | 10.00x | — |
| 2 | 10000.1 – 20000 base | 3.0000% | 9.52x | — |
| 3 | 20000.1 – 30000 base | 4.0000% | 9.09x | — |
| 4 | 30000.1 – 40000 base | 4.5000% | 8.70x | — |
| 5 | 40000.1 – 50000 base | 5.0000% | 8.33x | — |
| 6 | 50000.1 – 60000 base | 5.5000% | 8.00x | — |
| 7 | 60000.1 – 70000 base | 6.0000% | 7.69x | — |
| 8 | 70000.1 – 80000 base | 6.5000% | 7.41x | — |
| 9 | 80000.1 – 90000 base | 7.0000% | 7.14x | — |
| 10 | 90000.1 – 100000 base | 7.5000% | 6.90x | — |
| 11 | 100000.1 – 110000 base | 8.0000% | 6.67x | — |
| 12 | 110000.1 – 120000 base | 8.5000% | 6.45x | — |
| 13 | 120000.1 – 130000 base | 9.0000% | 6.25x | — |
| 14 | 130000.1 – 140000 base | 9.5000% | 6.06x | — |
| 15 | 140000.1 – 150000 base | 10.0000% | 5.88x | — |
| 16 | 150000.1 – 160000 base | 10.5000% | 5.71x | — |
| 17 | 160000.1 – 170000 base | 11.0000% | 5.56x | — |
| 18 | 170000.1 – 180000 base | 11.5000% | 5.41x | — |
| 19 | 180000.1 – 190000 base | 12.0000% | 5.26x | — |
| 20 | 190000.1 – 200000 base | 12.5000% | 5.13x | — |
| 21 | 200000.1 – 210000 base | 13.0000% | 5.00x | — |
| 22 | 210000.1 – 220000 base | 13.5000% | 4.88x | — |
| 23 | 220000.1 – 230000 base | 14.0000% | 4.76x | — |
| 24 | 230000.1 – 240000 base | 14.5000% | 4.65x | — |
| 25 | 240000.1 – 250000 base | 15.0000% | 4.55x | — |
| 26 | 250000.1 – 260000 base | 15.5000% | 4.44x | — |
| 27 | 260000.1 – 270000 base | 16.0000% | 4.35x | — |
| 28 | 270000.1 – 280000 base | 16.5000% | 4.26x | — |
| 29 | 280000.1 – 290000 base | 17.0000% | 4.17x | — |
| 30 | 290000.1 – 300000 base | 17.5000% | 4.08x | — |
| 31 | 300000.1 – 310000 base | 18.0000% | 4.00x | — |
| 32 | 310000.1 – 320000 base | 18.5000% | 3.92x | — |
| 33 | 320000.1 – 330000 base | 19.0000% | 3.85x | — |
| 34 | 330000.1 – 340000 base | 19.5000% | 3.77x | — |
| 35 | 340000.1 – 350000 base | 20.0000% | 3.70x | — |
| 36 | 350000.1 – 360000 base | 20.5000% | 3.64x | — |
| 37 | 360000.1 – 370000 base | 21.0000% | 3.57x | — |
| 38 | 370000.1 – 380000 base | 21.5000% | 3.51x | — |
| 39 | 380000.1 – 390000 base | 22.0000% | 3.45x | — |
| 40 | 390000.1 – 400000 base | 22.5000% | 3.39x | — |
| 41 | 400000.1 – 410000 base | 23.0000% | 3.33x | — |
| 42 | 410000.1 – 420000 base | 23.5000% | 3.28x | — |
| 43 | 420000.1 – 430000 base | 24.0000% | 3.23x | — |
| 44 | 430000.1 – 440000 base | 24.5000% | 3.17x | — |
| 45 | 440000.1 – 450000 base | 25.0000% | 3.13x | — |
| 46 | 450000.1 – 460000 base | 25.5000% | 3.08x | — |
| 47 | 460000.1 – 470000 base | 26.0000% | 3.03x | — |
| 48 | 470000.1 – 480000 base | 26.5000% | 2.99x | — |
| 49 | 480000.1 – 490000 base | 27.0000% | 2.94x | — |
| 50 | 490000.1 – 500000 base | 27.5000% | 2.90x | — |
| 51 | 500000.1 – 510000 base | 28.0000% | 2.86x | — |
| 52 | 510000.1 – 520000 base | 28.5000% | 2.82x | — |
| 53 | 520000.1 – 530000 base | 29.0000% | 2.78x | — |
| 54 | 530000.1 – 540000 base | 29.5000% | 2.74x | — |
| 55 | 540000.1 – 550000 base | 30.0000% | 2.70x | — |
| 56 | 550000.1 – 560000 base | 30.5000% | 2.67x | — |
| 57 | 560000.1 – 570000 base | 31.0000% | 2.63x | — |
| 58 | 570000.1 – 580000 base | 31.5000% | 2.60x | — |
| 59 | 580000.1 – 590000 base | 32.0000% | 2.56x | — |
| 60 | 590000.1 – 600000 base | 32.5000% | 2.53x | — |
| 61 | 600000.1 – 610000 base | 33.0000% | 2.50x | — |
| 62 | 610000.1 – 620000 base | 33.5000% | 2.47x | — |
| 63 | 620000.1 – 630000 base | 34.0000% | 2.44x | — |
| 64 | 630000.1 – 640000 base | 34.5000% | 2.41x | — |
| 65 | 640000.1 – 650000 base | 35.0000% | 2.38x | — |
| 66 | 650000.1 – 660000 base | 35.5000% | 2.35x | — |
| 67 | 660000.1 – 670000 base | 36.0000% | 2.33x | — |
| 68 | 670000.1 – 680000 base | 36.5000% | 2.30x | — |
| 69 | 680000.1 – 690000 base | 37.0000% | 2.27x | — |
| 70 | 690000.1 – 700000 base | 37.5000% | 2.25x | — |
| 71 | 700000.1 – 710000 base | 38.0000% | 2.22x | — |
| 72 | 710000.1 – 720000 base | 38.5000% | 2.20x | — |
| 73 | 720000.1 – 730000 base | 39.0000% | 2.17x | — |
| 74 | 730000.1 – 740000 base | 39.5000% | 2.15x | — |
| 75 | 740000.1 – 750000 base | 40.0000% | 2.13x | — |
| 76 | 750000.1 – 760000 base | 40.5000% | 2.11x | — |
| 77 | 760000.1 – 770000 base | 41.0000% | 2.08x | — |
| 78 | 770000.1 – 780000 base | 41.5000% | 2.06x | — |
| 79 | 780000.1 – 790000 base | 42.0000% | 2.04x | — |
| 80 | 790000.1 – 800000 base | 42.5000% | 2.02x | — |
| 81 | 800000.1 – 810000 base | 43.0000% | 2.00x | — |
| 82 | 810000.1 – 820000 base | 43.5000% | 1.98x | — |
| 83 | 820000.1 – 830000 base | 44.0000% | 1.96x | — |
| 84 | 830000.1 – 840000 base | 44.5000% | 1.94x | — |
| 85 | 840000.1 – 850000 base | 45.0000% | 1.92x | — |
| 86 | 850000.1 – 860000 base | 45.5000% | 1.90x | — |
| 87 | 860000.1 – 870000 base | 46.0000% | 1.89x | — |
Binance · UMAUSDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 5000 quote | 1.5000% | 50.00x | — |
| 2 | 5000 – 10000 quote | 2.0000% | 25.00x | 25 |
| 3 | 10000 – 25000 quote | 2.5000% | 20.00x | 75 |
| 4 | 25000 – 62500 quote | 5.0000% | 10.00x | 700 |
| 5 | 62500 – 125000 quote | 10.0000% | 5.00x | 3825 |
| 6 | 125000 – 250000 quote | 12.5000% | 4.00x | 6950 |
| 7 | 250000 – 500000 quote | 16.6700% | 3.00x | 17375 |
| 8 | 500000 – 7500000 quote | 25.0000% | 2.00x | 59025 |
| 9 | 7500000 – 12500000 quote | 50.0000% | 1.00x | 1934025 |
Aster · UMAUSDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 500000 quote | 10.0000% | 5.00x | — |
| 2 | 500000 – 1000000 quote | 12.5000% | 4.00x | 12500 |
| 3 | 1000000 – 2500000 quote | 16.6700% | 3.00x | 54200 |
| 4 | 2500000 – 5000000 quote | 25.0000% | 2.00x | 262450 |
| 5 | 5000000 – 1000000000 quote | 50.0000% | 1.00x | 1512450 |