UAI Funding Rate — live across 9 venues

Compared across 9 supported venues · net of estimated fees · updated every few minutes

Live annualized UAI perpetual funding across all 9 venues Perpia tracks. Right now UAI funding is positive on 9 and negative on 0, ranging from +54.7% on Aster to +10.9% on KuCoin — a spread of 43.7%. The widest delta-neutral trade is long Variational / short Aster at 40.2% net APR.

venues

paying positive

43.7%

funding spread

Best UAI spread now

40.2%

net APR after fees

Long Variational→Short Aster

size depends on live venue depth — see the real cap in the scanner

UAI funding trend & liquidity

168h of history

43.7%

current gross APR

94.8%

24h average

82.1%

7-day average

$11K

pair OI · lower leg

$150K

24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

UAI funding rate history

30d · 6h buckets · 8 venues

250%0-18.5%

6 Aug5 Sep

UAI — average across 8 venuesAsterBinanceBitgetKuCoin

Annualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: +31.8%. A break in a line means no data was recorded for that stretch, not a zero rate.

UAI funding rate by venue

23 pairs scanned

Venue	Funding APR	Interval
Aster ↗	+54.7%	1h
MEXC ↗	+37.7%	4h
Binance ↗	+37.6%	4h
BingX ↗	+37.2%	4h
Variational ↗	+10.9%	4h
Gate.io ↗	+10.9%	8h
Bybit ↗	+10.9%	4h
Bitget ↗	+10.9%	4h
KuCoin ↗	+10.9%	4h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Variational vs Aster page.

UAI arbitrage — 30-day backtest

long Variational · short Aster

45.1%

backtested APR

+$371

historical net P&L on $10,000

0.08%

max drawdown

$10,000$10,371

30 days agostarting capital $10,000today

Over the last 30 days, holding long Variational / short Aster would have produced 45.1% APR — versus the 40.2% the live spread implies right now (equity $10,000 → $10,371). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.

Open full interactive backtest →

Loading UAI backtest…

UAI funding — FAQ

Is UAI funding positive right now?

UAI perpetual funding is positive on 9 of 9 venues Perpia tracks. The highest is +54.7% on Aster; the lowest is +10.9% on KuCoin.

What is the best UAI funding arbitrage right now?

Go long Variational and short Aster for about 40.2% net APR after fees — the widest delta-neutral UAI spread Perpia currently sees.

Which exchange has the highest UAI funding rate?

Aster, at +54.7% annualized. Funding shifts continuously, so check the live table above before trading.

How UAI funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to UAI

Markets also quoted on both Aster and Variational — the same two exchanges you would already have funded for the UAI trade.

See every spread between them on the Aster vs Variational page.

Open the live scanner →All funding rates Funding by exchange How we calculate this