Hyperliquid UMA perpetual
UMA
As of 2026-09-09 13:53 UTC, UMA on Hyperliquid has a collected rate of +0.0013% over 1h, or +10.95% simple annualised; its collected settlement interval is 1h, with up to 3x leverage. OKX has a lower rate for longs at -55.59%.
Settled rates over the past 30 days
Maintenance margin ladder
With deduction · An isolated-margin estimate for linear contracts; excludes closing fees, accrued funding, auto-added margin and other positions.
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – ∞ quote | 16.6667% | 3.00x | — |
Contract specification
Quote currency: USD · Settlement currency: USDC · Settlement interval: 1h. Lot size uses the venue’s original order unit; the calculator takes base-asset quantity.
The same asset elsewhere
| Venue | Contract | Rate period | Annualised |
|---|---|---|---|
| OKX | UMA-USDT-SWAP | 4h | -55.59% |
| Aster | UMAUSDT | 1h | +10.95% |
| Binance | UMAUSDT | 4h | +10.95% |
| Bitget | UMAUSDT | 4h | +10.95% |
| Bybit | UMAUSDT | 4h | +10.95% |
| Gate | UMA_USDT | 4h | +10.95% |
| Hyperliquid this page | UMA | 1h | +10.95% |
Common questions
What is the Hyperliquid UMA funding rate?
The latest collected Hyperliquid UMA funding rate is +0.0013% over a 1h rate period, or +10.95% simple annualised. That period is used for conversion and may differ from the settlement interval. Positive means longs pay shorts; negative reverses this.
How often is funding charged on Hyperliquid UMA?
The collected settlement interval is 1h, normally 24 times a day. Venues can change it; confirm the next settlement time on the contract page.
What is the maximum leverage on Hyperliquid UMA?
The collected leverage cap for Hyperliquid UMA is 3x, with 1 margin tiers shown. Actual leverage also depends on position size, account settings and venue rules.
What is the maintenance margin rate on Hyperliquid UMA?
The first tier requires 16.6667%, and there are 1 tiers in all — a larger position requires more. This venue applies a deduction: maintenance margin = notional × tier rate − the tier's maintenance amount.
Which venue has the lowest UMA funding cost for longs?
For a long position, OKX currently has the lowest rate at -55.59% annualised; this page's Hyperliquid is at +10.95%. Negative funding pays longs. Trading costs are excluded, and the cash-flow direction reverses for shorts.
What has Hyperliquid UMA funding paid over the past 30 days?
Settlements over the past 30 days annualise to +1.63% across 713 settlements, 17% of which were negative (shorts paying). That is what already happened, not a forecast.
Observation time and verification
This contract’s funding was observed at 2026-09-09 13:53 UTC; an unsettled quote may still change. A dash denotes missing usable data, not zero. Hyperliquid official data source · Funding methodology
History coverage for this contract
713 settlements are available, covering 713 known-period hours, from 2026-08-10 14:00 to 2026-09-09 06:00 UTC. Annualisation uses those covered hours; a full 30-day record is not implied.