UMC funding rate

Compared across 3 venues · net of estimated fees

UMC Funding Rate — live across 3 venues

Perpetual funding · compared across 3 venues · net of estimated fees · updated every few minutes

Live annualized UMC perpetual funding across all 3 venues Perpia tracks. Right now UMC funding is positive on 2 and negative on 0, ranging from +90.8% on trade.xyz to +0.0% on Bybit — a spread of 90.8%. The widest delta-neutral trade is long Bybit / short trade.xyz at 30.8% net APR.

3venues
2paying positive
90.8%funding spread
Best UMC spread now
30.8%
net APR after fees
LongBybit↗→Shorttrade.xyz↗
size depends on live venue depth — see the real cap in the scanner

UMC funding trend & liquidity

168h of history
90.8%current gross APR
97.2%24h average
-99.8%7-day average
$29Kpair OI · lower leg
$29K24h 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.

UMC · Bybit → trade.xyz — no history

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Build a route

any two of the 3 venues
Gross spread+90.8%+$24.89 / day on $10,000
Widest routes

This is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.

Venues: pick the two legs

sorted by rate · 3 venues
VenueFunding APR ↓IntervalUse as
trade.xyz↗short+90.8%every 1h
Hyperliquid↗+88.5%every 1h
Bybit↗long+0.0%every 8h

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 Bybit vs trade.xyz page. 2 pairs scanned for UMC.

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UMC — FAQ

Is UMC funding positive right now?

UMC perpetual funding is positive on 2 of 3 venues Perpia tracks. The highest is +90.8% on trade.xyz; the lowest is +0.0% on Bybit.

What is the best UMC funding arbitrage right now?

Go long Bybit and short trade.xyz for about 30.8% net APR after fees — the widest delta-neutral UMC spread Perpia currently sees.

Which exchange has the highest UMC funding rate?

trade.xyz, at +90.8% annualized. Funding shifts continuously, so check the live table above before trading.

How UMC 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 UMC

also quoted on both Bybit and trade.xyz

The same two exchanges you would already have funded for the UMC trade. Every spread between them is on the Bybit vs trade.xyz page.