ZKC Funding Rate — live across 8 venues

Compared across 8 supported venues · net of estimated fees · updated every few minutes

Live annualized ZKC perpetual funding across all 8 venues Perpia tracks. Right now ZKC funding is positive on 3 and negative on 5, ranging from +10.9% on KuCoin to -91.1% on Gate.io — a spread of 102.1%. The widest delta-neutral trade is long Gate.io / short KuCoin at 96.7% net APR.

venues

paying positive

102.1%

funding spread

Best ZKC spread now

96.7%

net APR after fees

Long Gate.io→Short KuCoin

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

ZKC funding trend & liquidity

168h of history

102.1%

current gross APR

88.3%

24h average

51.1%

7-day average

$200K

pair OI · lower leg

$164K

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.

ZKC funding rate history

30d · 6h buckets · 9 venues

52.1%0-540.9%

6 Aug5 Sep

ZKC — average across 9 venuesAsterBinanceBitgetKuCoin

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: -42.2%. A break in a line means no data was recorded for that stretch, not a zero rate.

ZKC funding rate by venue

24 pairs scanned

Venue	Funding APR	Interval
KuCoin ↗	+10.9%	4h
BingX ↗	+10.9%	4h
Bitget ↗	+10.9%	4h
MEXC ↗	-36.8%	4h
Binance ↗	-38.8%	4h
Bybit ↗	-44.9%	4h
Aster ↗	-52.3%	1h
Gate.io ↗	-91.1%	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 KuCoin page.

ZKC arbitrage — 30-day backtest

long Gate.io · short KuCoin

16.8%

backtested APR

+$138

historical net P&L on $10,000

0.23%

max drawdown

$10,000$10,138

30 days agostarting capital $10,000today

Over the last 30 days, holding long Gate.io / short KuCoin would have produced 16.8% APR — versus the 96.7% 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 ZKC backtest…

ZKC funding — FAQ

Is ZKC funding positive right now?

ZKC perpetual funding is positive on 3 of 8 venues Perpia tracks and negative on 5. The highest is +10.9% on KuCoin; the lowest is -91.1% on Gate.io.

What is the best ZKC funding arbitrage right now?

Go long Gate.io and short KuCoin for about 96.7% net APR after fees — the widest delta-neutral ZKC spread Perpia currently sees.

Which exchange has the highest ZKC funding rate?

KuCoin, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.

How ZKC 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 ZKC

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

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

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