UMA funding arbitrage: bybit vs hyperliquid

Long UMAUSDT on bybit against short UMA on hyperliquid.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongbybitUMAUSDT0.0050% / 4h+10.95%$192.7K$240.1K
ShorthyperliquidUMA0.0013% / 1h+10.95%$644.3K$292.0K

Funding spread +0.00% APR. Price spread +0.0299%.

Data generated at 2026-09-01T05:33:36Z. Live numbers load on this page automatically.