ZEREBRO Funding Rate — live across 6 venues

Compared across 6 supported venues · net of estimated fees · updated every few minutes

Live annualized ZEREBRO perpetual funding across all 6 venues Perpia tracks. Right now ZEREBRO funding is positive on 5 and negative on 1, ranging from +17.9% on Binance to -5.3% on Gate.io — a spread of 23.2%. The widest delta-neutral trade is long Gate.io / short MEXC at 20.2% net APR.

venues

paying positive

23.2%

funding spread

Best ZEREBRO spread now

20.2%

net APR after fees

Long Gate.io→Short MEXC

size depends on live venue depth — see the real cap in the scanner

ZEREBRO funding trend & liquidity

168h of history

23.0%

current gross APR

39.2%

24h average

14.2%

7-day average

$538K

pair OI · lower leg

$27K

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.

ZEREBRO funding rate history

30d · 6h buckets · 9 venues

122%0-9.0%

6 Aug5 Sep

ZEREBRO — average across 9 venuesAsterExtendedHyperliquidBinance

Annualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: +20.4%. A break in a line means no data was recorded for that stretch, not a zero rate.

ZEREBRO funding rate by venue

11 pairs scanned

Venue	Funding APR	Interval
Binance ↗	+17.9%	4h
MEXC ↗	+17.7%	4h
BingX ↗	+16.2%	4h
Bybit ↗	+10.9%	4h
KuCoin ↗	+10.9%	4h
Gate.io ↗	-5.3%	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 Gate.io vs MEXC page.

ZEREBRO arbitrage — 30-day backtest

long Gate.io · short MEXC

16.8%

backtested APR

+$138

historical net P&L on $10,000

0.00%

max drawdown

$10,000$10,138

30 days agostarting capital $10,000today

Over the last 30 days, holding long Gate.io / short MEXC would have produced 16.8% APR — versus the 20.2% the live spread implies right now (equity $10,000 → $10,138). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.

Open full interactive backtest →

Loading ZEREBRO backtest…

ZEREBRO funding — FAQ

Is ZEREBRO funding positive right now?

ZEREBRO perpetual funding is positive on 5 of 6 venues Perpia tracks and negative on 1. The highest is +17.9% on Binance; the lowest is -5.3% on Gate.io.

What is the best ZEREBRO funding arbitrage right now?

Go long Gate.io and short MEXC for about 20.2% net APR after fees — the widest delta-neutral ZEREBRO spread Perpia currently sees.

Which exchange has the highest ZEREBRO funding rate?

Binance, at +17.9% annualized. Funding shifts continuously, so check the live table above before trading.

How ZEREBRO 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 ZEREBRO

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

See every spread between them on the Gate.io vs MEXC page.

Open the live scanner →All funding rates Funding by exchange How we calculate this