UMA funding rates and position payments

Funding is a payment between long and short holders of a perpetual contract.

At a positive rate, longs pay shorts

At a negative rate, shorts pay longs

Rate as of 12.11.2026 02:21 UTC Long · 10 000 USD

Exchanges with current rates: 10
Range normalized to 8 hours: +0.008754% → +0.010000%
Where the selected side receives funding: Long: 0 of 10

Calculate one funding payment

One settlement calculated from the displayed rate and position notional. Trading fees and profit or loss from price changes are calculated separately.

Long on OKX · UMA-USDT-SWAP

Pays

0.44USD equivalent

10 000.00 USD × +0.004377% per 4 h

Compare current funding rates

Rows are ordered by the payment to the selected side over the same eight hours. The original rate and single payment apply to each contract’s own interval.

Exchange / contract	Rate per interval	Interval	8-hour equivalent	One payment, USD	Next settlement	Open interest, USD	24-hour volume, USD	Open exchange
Long · 10 000 USD Rate as of 12.11.2026 02:21 UTC Next settlement — 12.11
OKXUMA-USDT-SWAP	+0.004377%	4 h	+0.008754%	Pays 0.44	04:00	210 159	107 483	Open OKX
AsterUMAUSDT	+0.005000%	4 h	+0.010000%	Pays 0.50	04:00		1 892	Open Aster
BinanceUMAUSDT	+0.005000%	4 h	+0.010000%	Pays 0.50	04:00		604 223	Open Binance
BingXUMA-USDT	+0.005000%	4 h	+0.010000%	Pays 0.50	04:00		679 507	Open BingX
BitgetUMAUSDT	+0.005000%	4 h	+0.010000%	Pays 0.50	04:00	715 076	3 223	Open Bitget
BybitUMAUSDT	+0.005000%	4 h	+0.010000%	Pays 0.50	04:00	424 182	72 425	Open Bybit
Gate.ioUMA_USDT	+0.005000%	4 h	+0.010000%	Pays 0.50	04:00	43 112	7 958	Open Gate.io
HyperliquidUMA	+0.001250%	1 h	+0.010000%	Pays 0.13	03:00	109 236	38 041	Open Hyperliquid
KuCoinUMAUSDTM	+0.005000%	4 h	+0.010000%	Pays 0.50	04:00	137 365	26 820	Open KuCoin
MEXCUMA_USDT	+0.005000%	4 h	+0.010000%	Pays 0.50	04:00	98 977	108 552	Open MEXC

UMA funding payments by venue

Venue	24 hours10.11 20:00 — 11.11 20:00 UTC	7 days04.11 00:00 — 11.11 00:00 UTC
LongAmounts are for a 10,000 position in each venue’s payout currency
Bybit	+0.030000% Pays 3.00 USDT6 settlements	+0.187404% Pays 18.74 USDT42 settlements
Bitget	+0.030000% Pays 3.00 USDT6 settlements	+0.210000% Pays 21.00 USDT42 settlements
MEXC	+0.030000% Pays 3.00 USDT6 settlements	+0.188100% Pays 18.81 USDT42 settlements
Gate.io	+0.030000% Pays 3.00 USDT6 settlements 11.11 00:00 — 12.11 00:00 UTC	+0.210000% Pays 21.00 USDT42 settlements 05.11 00:00 — 12.11 00:00 UTC
KuCoin	+0.027200% Pays 2.72 USDT6 settlements 10.11 16:00 — 11.11 16:00 UTC	+0.095200% Pays 9.52 USDT42 settlements
BingX	+0.030000% Pays 3.00 USDT6 settlements	+0.241100% Pays 24.11 USDT42 settlements
Binance	+0.030000% Pays 3.00 USDT6 settlements	+0.189355% Pays 18.94 USDT42 settlements
Hyperliquid	+0.030000% Pays 3.00 USDC24 settlements 11.11 02:00 — 12.11 02:00 UTC	+0.210000% Pays 21.00 USDC168 settlements 05.11 00:00 — 12.11 00:00 UTC
Aster	+0.019246% Pays 1.92 USDT6 settlements 11.11 00:00 — 12.11 00:00 UTC	+0.122624% Pays 12.26 USDT42 settlements 05.11 00:00 — 12.11 00:00 UTC
OKX	-0.044113% Receives 4.41 USDT6 settlements 11.11 00:00 — 12.11 00:00 UTC	-0.042333% Receives 4.23 USDT42 settlements 05.11 00:00 — 12.11 00:00 UTC

How rates and payments are calculated

8-hour equivalent: = rate per interval × 8 ÷ interval hours; It makes different intervals comparable.
One payment: = position notional × the original rate
Annualized equivalent in the history: A linear conversion of the rate to one year.

Scheduled collection every 10 minutes; successful update times are shown with the data. Methodology

UMA funding questions

Who receives funding when the UMA rate is positive?

At a positive rate, long holders pay short holders. At a negative rate, the direction reverses. The payment depends on the position notional and the rate of the specific contract.

Should I multiply the payment by leverage again?

No, if the calculator already contains the full position notional. Leverage is used once: position notional equals collateral multiplied by leverage.