ZEC Funding Rate — live across 24 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized ZEC perpetual funding across all 24 venues Perpia tracks. Right now ZEC funding is positive on 22 and negative on 1, ranging from +39.4% on Extended to -5.5% on BackPack — a spread of 44.9%. The widest delta-neutral trade is long BackPack / short Extended at 42.3% net APR.
ZEC funding rate by venue
141 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Extended | +39.4% | 1h |
| HyENA | +24.8% | 1h |
| Risex | +11.8% | 1h |
| Variational | +10.9% | 8h |
| Nado | +10.9% | 24h |
| EdgeX | +10.9% | 4h |
| Gate.io | +10.9% | 8h |
| OKX | +10.9% | 8h |
| Pacifica | +10.9% | 1h |
| Bybit | +10.9% | 8h |
| Hyperliquid | +10.9% | 1h |
| Bitget | +10.9% | 8h |
| KuCoin | +10.9% | 8h |
| Sodex | +10.9% | 1h |
| Paradex | +10.9% | 8h |
| Lighter | +10.5% | 8h |
| Ethereal | +10.0% | 1h |
| Binance | +8.7% | 8h |
| MEXC | +8.7% | 8h |
| BingX | +6.9% | 8h |
| Aster | +6.1% | 1h |
| GMTrade | +2.5% | 1h |
| dYdX | +0.0% | 1h |
| BackPack | -5.5% | 1h |
Rates annualized; updated ~every few minutes from live venue data.
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ZEC funding — FAQ
Is ZEC funding positive right now?
ZEC perpetual funding is positive on 22 of 24 venues Perpia tracks and negative on 1. The highest is +39.4% on Extended; the lowest is -5.5% on BackPack.
What is the best ZEC funding arbitrage right now?
Go long BackPack and short Extended for about 42.3% net APR after fees — the widest delta-neutral ZEC spread Perpia currently sees.
Which exchange has the highest ZEC funding rate?
Extended, at +39.4% annualized. Funding shifts continuously, so check the live table above before trading.
How ZEC funding arbitrage works
Funding-rate arbitrage is delta-neutral: you go long the venue paying the most negative funding and short the one paying the most positive, so price moves cancel and you collect the spread. The catch is liquidity — a huge APR on a thin book caps at a few thousand dollars and often flips within hours. Perpia shows the max size after slippage and tracks whether a spread holds, so you filter instead of chasing the number.