ZRO Funding Rate — live across 17 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized ZRO perpetual funding across all 17 venues Perpia tracks. Right now ZRO funding is positive on 15 and negative on 1, ranging from +19.2% on Hyperliquid to -2.2% on Gate.io — a spread of 21.4%. The widest delta-neutral trade is long Gate.io / short Hyperliquid at 17.3% net APR.
ZRO funding rate by venue
54 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Hyperliquid | +19.2% | 1h |
| Extended | +11.4% | 1h |
| OKX | +10.9% | 4h |
| Variational | +10.9% | 4h |
| Bybit | +10.9% | 4h |
| BackPack | +10.9% | 1h |
| KuCoin | +10.9% | 4h |
| Vest | +10.9% | 1h |
| Bitget | +10.9% | 4h |
| BingX | +10.9% | 4h |
| Aster | +10.9% | 1h |
| Lighter | +10.5% | 8h |
| Nado | +5.9% | 24h |
| Binance | +5.5% | 8h |
| MEXC | +5.5% | 8h |
| dYdX | +0.0% | 1h |
| Gate.io | -2.2% | 4h |
Rates annualized; updated ~every few minutes from live venue data.
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ZRO funding — FAQ
Is ZRO funding positive right now?
ZRO perpetual funding is positive on 15 of 17 venues Perpia tracks and negative on 1. The highest is +19.2% on Hyperliquid; the lowest is -2.2% on Gate.io.
What is the best ZRO funding arbitrage right now?
Go long Gate.io and short Hyperliquid for about 17.3% net APR after fees — the widest delta-neutral ZRO spread Perpia currently sees.
Which exchange has the highest ZRO funding rate?
Hyperliquid, at +19.2% annualized. Funding shifts continuously, so check the live table above before trading.
How ZRO 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.