Question 1

Which exchange has the highest URNM funding rate right now?

Accepted Answer

grvt shows the highest URNM funding at +307.03% annualized. A high positive rate means shorts get paid, so this is the venue to short URNM when running a funding-arbitrage pair. Rates change every settlement window — check the live screener for the current value.

Question 2

Which exchange is best to long URNM for funding?

Accepted Answer

Crypto.com has the lowest URNM funding at -92.39% annualized, which makes the long leg cheapest (or paid). Pair it with the highest-funding venue to capture the spread delta-neutral.

Question 3

What is the best URNM funding-arbitrage pair?

Accepted Answer

The widest spread is long Crypto.com / short grvt at about 399.4% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does URNM funding settle?

Accepted Answer

URNM funding settles on different schedules by venue (1h, 8h). Longer intervals concentrate the same annualized rate into fewer, larger payments. ORBIT normalizes every venue to a common APR so they are directly comparable.

Question 5

Is URNM funding positive or negative?

Accepted Answer

URNM funding is mixed across venues, ranging -92.39% to +307.03% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current URNM perpetual swap funding rate?

Accepted Answer

The current URNM perpetual swap funding rate ranges from -92.39% to +307.03% annualized depending on the exchange — Crypto.com is lowest and grvt is highest right now. There is no single URNM funding rate: every venue runs its own funding formula and order book, which is why the rate has to be read by exchange rather than as one number.

Question 7

What is the aggregated URNM funding rate across exchanges?

Accepted Answer

Aggregated across the 20 venues ORBIT tracks, URNM funding currently spans -92.39% to +307.03% APR, a spread of 399.4 percentage points. An aggregated average hides the part that matters for trading — the gap between the cheapest and dearest venue — so the table above lists each exchange separately.

Question 8

How do I read the URNM 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle URNM every 8 hours quote the per-payment rate, which is charged three times a day. Multiply an 8h rate by 3 to get the daily figure and by 1,095 to annualize it. ORBIT converts every venue — 1h, 4h and 8h alike — to a common APR so an 8h rate and a 1h rate can be compared directly.

Exchange	Funding APR↓	Interval	Open Interest↕	Mark Price↕
grvtBest Short	+307.03%	8h	$1K	$47.9356
Ondo	+274.64%	1h	$5K	$47.9074
BloFin	+172.62%	8h	$52K	$47.95
OKX	+164.41%	8h	$176K	$47.85
trade[XYZ]	+129.71%	1h	$845K	$47.883
Bybit	+128.08%	8h	$66K	$47.82
WEEX	+90.96%	8h	$13K	$47.95
Toobit	+89.79%	8h	$68K	$47.83
Hotcoin	+77.80%	8h	$97K	$47.96
LBank	+77.80%	8h	—	$47.91
MEXC	+76.05%	8h	$526K	$47.88
Variational	+59.23%	8h	$168K	$47.9465
TxFlow	+51.79%	1h	$4K	$47.83
Bitunix	+15.83%	8h	—	$47.96
HTX	+13.09%	8h	$5K	$47.965
Pacifica	+10.96%	1h	$11K	$47.876
Bitget	+0.00%	8h	$13K	$48.03
Gate.io	+0.00%	8h	$45K	$47.94
Aster	+0.00%	8h	$16K	$47.8179
Crypto.comBest Long	-92.39%	1h	$0K	$47.88

URNM Perpetual Swap Funding Rate by Exchange

How URNM funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

URNM funding rates explained

Frequently asked questions