ZAMA funding rate

Compared across 10 venues · net of estimated fees

ZAMA Funding Rate — live across 10 venues

Perpetual funding · compared across 10 venues · net of estimated fees · updated every few minutes

Live annualized ZAMA perpetual funding across all 10 venues Perpia tracks. Right now ZAMA funding is positive on 8 and negative on 2, ranging from +10.9% on MEXC to -8.3% on OKX — a spread of 19.3%. The widest delta-neutral trade is long OKX / short MEXC at 17.1% net APR.

10venues
8paying positive
19.3%funding spread
Best ZAMA spread now
17.1%
net APR after fees
LongOKX↗→ShortMEXC↗
size depends on live venue depth — see the real cap in the scanner

ZAMA funding trend & liquidity

168h of history
19.3%current gross APR
8.4%24h average
8.9%7-day average
$978Kpair OI · lower leg
$344K24h 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.

ZAMA · OKX → MEXC — no history

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Build a route

any two of the 10 venues
Gross spread+19.3%+$5.28 / 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 · 10 venues
VenueFunding APR ↓IntervalUse as
MEXC↗short+10.9%every 4h
Binance↗+10.9%every 4h
BingX↗+10.9%every 4h
Bybit↗+10.9%every 4h
Aster↗+10.9%every 4h
Bitget↗+10.9%every 4h
KuCoin↗+10.9%every 4h
Variational↗+10.9%every 4h
below — these venues pay the longs: this is the leg you buy
Gate.io↗−0.2%every 4h
OKX↗long−8.3%every 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 OKX vs MEXC page. 17 pairs scanned for ZAMA.

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ZAMA — FAQ

Is ZAMA funding positive right now?

ZAMA perpetual funding is positive on 8 of 10 venues Perpia tracks and negative on 2. The highest is +10.9% on MEXC; the lowest is -8.3% on OKX.

What is the best ZAMA funding arbitrage right now?

Go long OKX and short MEXC for about 17.1% net APR after fees — the widest delta-neutral ZAMA spread Perpia currently sees.

Which exchange has the highest ZAMA funding rate?

MEXC, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.

How ZAMA 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 ZAMA

also quoted on both MEXC and OKX

The same two exchanges you would already have funded for the ZAMA trade. Every spread between them is on the MEXC vs OKX page.