UMC funding rates and arbitrage
Updated 2026-11-11 23:02 UTC
Best UMC arbitrage after every cost
| Coin | Pair | Long | Short | Net · 168 h | Net APR | Max size | Status |
|---|---|---|---|---|---|---|---|
| UMC | Perp ↔ perp | LBank UMCUSDT | Hyperliquid xyz:UMC | +$211.19 | +110.1% | $457 | Watch |
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
UMC funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Hyperliquid | xyz:UMC | 0.0762% | 1 h | +667.6% | +129.1% | $254.6K | 2026-11-12 00:00 |
| Bybit | UMCUSDT | 0.0000% | 8 h | 0.0% | 0.0% | $26.7K | 2026-11-12 00:00 |
| MEXC | UMCSTOCK_USDT | 0.0000% | 8 h | 0.0% | −29.2% | $147.3K | 2026-11-12 00:00 |
| HTX | UMC-USDT | 0.0000% | 1 h | 0.0% | 0.0% | $1.1K | 2026-11-12 00:00 |
| OKX | UMC-USDT-SWAP | 0.0000% | 8 h | 0.0% | +12.8% | $32.6K | 2026-11-12 00:00 |
| LBank | UMCUSDT | 0.0000% | 8 h | 0.0% | 0.0% | — | 2026-11-12 00:00 |
| Gate | UMC_USDT | 0.0000% | 8 h | 0.0% | 0.0% | $25.9K | 2026-11-12 00:00 |
| BingX | NCSKUMC2USD-USDT | -0.0050% | 8 h | −5.5% | −5.5% | $279.6K | 2026-11-12 00:00 |
Cost to enter $10,000 of UMC
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| LBank | UMCUSDT | 84.4 bp | live order book |
| BingX | NCSKUMC2USD-USDT | 134.0 bp | live order book |
| Hyperliquid | xyz:UMC | 169.7 bp | live order book |
| MEXC | UMCSTOCK_USDT | 11.9 bp | top of book only |
| Gate | UMC_USDT | 13.7 bp | top of book only |
| Bybit | UMCUSDT | 31.0 bp | top of book only |
| OKX | UMC-USDT-SWAP | 37.6 bp * | top of book only |
| HTX | UMC-USDT | 120.2 bp * | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
Questions
Is UMC funding-rate arbitrage profitable right now?
Not right now. At $10,000 per side for 7 days the best UMC pair (LBank / Hyperliquid) would net +$211.19 after taker fees, order-book slippage and carry, but it is on watch rather than actionable; the live page shows what holds it back.
Which exchange has the highest UMC funding rate?
Hyperliquid at +667.6% a year (0.0762% every 1 h); the lowest is BingX at −5.5%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.