ZEN Funding Rate — live across 9 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized ZEN perpetual funding across all 9 venues Perpia tracks. Right now ZEN funding is positive on 7 and negative on 2, ranging from +10.9% on Bybit to -1.7% on Binance — a spread of 12.7%. The widest delta-neutral trade is long MEXC / short Bybit at 10.4% net APR.
ZEN funding rate by venue
14 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Bybit | +10.9% | 8h |
| OKX | +10.9% | 4h |
| Hyperliquid | +10.9% | 1h |
| KuCoin | +10.9% | 8h |
| Bitget | +10.9% | 8h |
| Aster | +10.9% | 1h |
| BingX | +10.9% | 8h |
| MEXC | -1.6% | 8h |
| Binance | -1.7% | 8h |
Rates annualized; updated ~every few minutes from live venue data.
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ZEN funding — FAQ
Is ZEN funding positive right now?
ZEN perpetual funding is positive on 7 of 9 venues Perpia tracks and negative on 2. The highest is +10.9% on Bybit; the lowest is -1.7% on Binance.
What is the best ZEN funding arbitrage right now?
Go long MEXC and short Bybit for about 10.4% net APR after fees — the widest delta-neutral ZEN spread Perpia currently sees.
Which exchange has the highest ZEN funding rate?
Bybit, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How ZEN 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.