ZEC Funding Rate — live across 24 venues
Compared across 24 supported venues · net of estimated fees · updated every few minutes
Live annualized ZEC perpetual funding across all 24 venues Perpia tracks. Right now ZEC funding is positive on 17 and negative on 6, ranging from +17.5% on Lighter to -22.1% on KuCoin — a spread of 39.6%. The widest delta-neutral trade is long KuCoin / short Lighter at 37.3% net APR.
ZEC funding trend & liquidity
168h of historyAverages 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.
ZEC funding rate by venue
184 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Lighter↗ | +17.5% | 8h |
| 01↗ | +14.9% | 1h |
| Extended↗ | +11.4% | 1h |
| Nado↗ | +10.9% | 24h |
| Gate.io↗ | +10.9% | 8h |
| Bybit↗ | +10.9% | 8h |
| Aster↗ | +10.9% | 1h |
| Hyperliquid↗ | +10.9% | 1h |
| Variational↗ | +10.9% | 8h |
| BackPack↗ | +10.9% | 1h |
| Arcus↗ | +10.9% | 1h |
| Ondo Perps | +10.9% | 1h |
| Paradex↗ | +10.9% | 8h |
| OKX↗ | +10.8% | 8h |
| Risex↗ | +10.6% | 1h |
| Sodex↗ | +4.1% | 1h |
| dYdX↗ | +1.6% | 1h |
| GMTrade↗ | +0.0% | 1h |
| MEXC↗ | -3.0% | 8h |
| Binance↗ | -3.0% | 8h |
| Pacifica↗ | -4.4% | 1h |
| Bitget↗ | -8.1% | 8h |
| BingX↗ | -8.4% | 8h |
| KuCoin↗ | -22.1% | 8h |
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 KuCoin vs Lighter page.
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ZEC funding — FAQ
Is ZEC funding positive right now?
ZEC perpetual funding is positive on 17 of 24 venues Perpia tracks and negative on 6. The highest is +17.5% on Lighter; the lowest is -22.1% on KuCoin.
What is the best ZEC funding arbitrage right now?
Go long KuCoin and short Lighter for about 37.3% net APR after fees — the widest delta-neutral ZEC spread Perpia currently sees.
Which exchange has the highest ZEC funding rate?
Lighter, at +17.5% annualized. Funding shifts continuously, so check the live table above before trading.
How ZEC 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 ZEC
Markets also quoted on both KuCoin and Lighter — the same two exchanges you would already have funded for the ZEC trade.
See every spread between them on the KuCoin vs Lighter page.