ZIL Funding Rate — live across 7 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized ZIL perpetual funding across all 7 venues Perpia tracks. Right now ZIL funding is positive on 4 and negative on 3, ranging from +10.9% on Bybit to -20.8% on OKX — a spread of 31.7%. The widest delta-neutral trade is long OKX / short Bybit at 28.4% net APR.
ZIL funding rate by venue
12 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Bybit | +10.9% | 8h |
| Bitget | +10.9% | 4h |
| Gate.io | +9.6% | 4h |
| KuCoin | +0.4% | 4h |
| MEXC | -8.1% | 8h |
| Binance | -8.2% | 8h |
| OKX | -20.8% | 4h |
Rates annualized; updated ~every few minutes from live venue data.
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ZIL funding — FAQ
Is ZIL funding positive right now?
ZIL perpetual funding is positive on 4 of 7 venues Perpia tracks and negative on 3. The highest is +10.9% on Bybit; the lowest is -20.8% on OKX.
What is the best ZIL funding arbitrage right now?
Go long OKX and short Bybit for about 28.4% net APR after fees — the widest delta-neutral ZIL spread Perpia currently sees.
Which exchange has the highest ZIL funding rate?
Bybit, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How ZIL 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.