ZHIPU Funding Rate — live across 11 venues
Perpetual funding · compared across 11 venues · net of estimated fees · updated every few minutesLive annualized ZHIPU perpetual funding across all 11 venues Perpia tracks. Right now ZHIPU funding is positive on 7 and negative on 0, ranging from +52.4% on OKX to +0.0% on Aster — a spread of 52.4%. The widest delta-neutral trade is long Bybit / short OKX at 49.5% net APR.
ZHIPU 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.
Loading ZHIPU rate history…
Build a route
any two of the 11 venuesThis is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.
Venues: pick the two legs
sorted by rate · 11 venuesRates 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 Bybit vs OKX page. 41 pairs scanned for ZHIPU.
Loading ZHIPU backtest…
ZHIPU — FAQ
Is ZHIPU funding positive right now?
ZHIPU perpetual funding is positive on 7 of 11 venues Perpia tracks. The highest is +52.4% on OKX; the lowest is +0.0% on Aster.
What is the best ZHIPU funding arbitrage right now?
Go long Bybit and short OKX for about 49.5% net APR after fees — the widest delta-neutral ZHIPU spread Perpia currently sees.
Which exchange has the highest ZHIPU funding rate?
OKX, at +52.4% annualized. Funding shifts continuously, so check the live table above before trading.
How ZHIPU 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 ZHIPU
also quoted on both Bybit and OKXThe same two exchanges you would already have funded for the ZHIPU trade. Every spread between them is on the Bybit vs OKX page.