ZCAT Funding Rate — live across 2 venues

Compared across 2 supported venues · net of estimated fees · updated every few minutes

Live annualized ZCAT perpetual funding across all 2 venues Perpia tracks. Right now ZCAT funding is positive on 1 and negative on 1, ranging from +43.8% on BingX to -30.2% on MEXC — a spread of 74.0%. The widest delta-neutral trade is long MEXC / short BingX at 50.5% net APR.

2
venues
1
paying positive
74.0%
funding spread
Best ZCAT spread now
50.5%
net APR after fees
Long MEXCShort BingX
size depends on live venue depth — see the real cap in the scanner

ZCAT funding trend & liquidity

1h of history
74.0%
current gross APR
72.7%
24h average
72.7%
7-day average
$13K
pair OI · lower leg
$31K
24h 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.

ZCAT funding rate by venue

1 pairs scanned
VenueFunding APRInterval
BingX+43.8%4h
MEXC-30.2%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 MEXC vs BingX page.

Loading ZCAT backtest…

ZCAT funding — FAQ

Is ZCAT funding positive right now?

ZCAT perpetual funding is positive on 1 of 2 venues Perpia tracks and negative on 1. The highest is +43.8% on BingX; the lowest is -30.2% on MEXC.

What is the best ZCAT funding arbitrage right now?

Go long MEXC and short BingX for about 50.5% net APR after fees — the widest delta-neutral ZCAT spread Perpia currently sees.

Which exchange has the highest ZCAT funding rate?

BingX, at +43.8% annualized. Funding shifts continuously, so check the live table above before trading.

How ZCAT 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 ZCAT

Markets also quoted on both BingX and MEXC — the same two exchanges you would already have funded for the ZCAT trade.

See every spread between them on the BingX vs MEXC page.