Zcash (ZEC) Funding Rate
Zcash (ZEC) perpetual funding on 28 exchanges: the current rate, annualized, what was actually paid and the payment history. Positive means longs pay shorts.
Updated · How we count
Zcash (ZEC) funding rate on every exchange
| Exchange | Rate per 8 h | Per period | Predicted | By premium | Annual | 1 day · 7 days · 30 days | Next payment | 24h volume | ||
|---|---|---|---|---|---|---|---|---|---|---|
 Phemex8 hbest long | −0.0129% | −0.0129% | — | +0.0100% | −14.1% | +0.0248% | +0.180% | +0.866% | $3.5M | |
 Kraken1 h | −0.0121% | −0.0015% | — | +0.0013% | −13.2% | +0.0271% | +0.0234% | +0.498% | $26.1M | |
 Mode Trade8 h | −0.0117% | −0.0117% | — | — | −12.8% | −0.0267% | −0.0868% | −0.0409% | $181.6K | |
 WOOFi Pro8 h | −0.0117% | −0.0117% | — | — | −12.8% | −0.0267% | −0.0867% | −0.0408% | $181.6K | |
 Gate8 h | −0.0066% | −0.0066% | — | −0.0171% | −7.2% | +0.0236% | +0.119% | +0.715% | $193.3M | |
 Bitget8 h | −0.0022% | −0.0022% | — | +0.0024% | −2.4% | +0.0153% | +0.0558% | +0.576% | $118.9M | |
 MEXC8 h | 0.0000% | 0.0000% | — | −0.0073% | 0.0% | +0.0170% | +0.102% | +0.631% | $1.2B | |
 Toobit8 h | 0.0000% | 0.0000% | — | −0.0053% | 0.0% | +0.0169% | +0.103% | +0.633% | $24.9M | |
 WEEX8 h | 0.0000% | 0.0000% | — | −0.0036% | 0.0% | +0.0170% | +0.103% | +0.632% | $164.7M | |
 LBank8 h | 0.0000% | 0.0000% | — | +0.0100% | 0.0% | +0.0170% | +0.103% | +0.340% | — | |
 Binance8 h | 0.0000% | 0.0000% | — | −0.0017% | 0.0% | +0.0169% | +0.103% | +0.633% | — | |
 XT8 h | 0.0000% | 0.0000% | — | −0.0676% | 0.0% | +0.0235% | +0.489% | +2.134% | $135.3M | |
 BloFin8 h | +0.0001% | +0.0001% | — | −0.0015% | 0.1% | +0.0530% | +0.337% | +1.390% | $82.9M | |
 OKX8 h | +0.0025% | +0.0025% | — | — | 2.7% | +0.0101% | +0.126% | +0.604% | $858.6M | |
 Deepcoin8 h | +0.0042% | +0.0042% | — | — | 4.6% | +0.0185% | +0.0732% | −0.0130% | $83.1M | |
 Aster8 h | +0.0044% | +0.0044% | — | +0.0100% | 4.8% | +0.0242% | +0.154% | +0.976% | $20.1M | |
 Pacifica1 h | +0.0070% | +0.0009% | +0.0007% | +0.0013% | 7.7% | +0.0243% | +0.0895% | +0.730% | $7.9M | |
 Extended1 h | +0.0080% | +0.0010% | — | +0.0013% | 8.8% | +0.0167% | +0.122% | +1.081% | $3.2M | |
 Lighter1 h | +0.0096% | +0.0012% | — | — | 10.5% | +0.0256% | +0.179% | +1.018% | $29.1M | |
 BTSE8 h | +0.0098% | +0.0098% | — | — | 10.7% | +0.0271% | +0.142% | +0.777% | $7M | |
 WhiteBIT8 h | +0.0100% | +0.0100% | — | −0.0670% | 11.0% | +0.0273% | +0.183% | +0.844% | $97.3M | |
 Hyperliquid1 h | +0.0100% | +0.0013% | — | +0.0013% | 11.0% | +0.0113% | +0.190% | +0.950% | $280.3M | |
 HTX8 h | +0.0100% | +0.0100% | — | — | 11.0% | +0.0300% | +0.0495% | +0.577% | $21.1M | |
 BingX8 h | +0.0100% | +0.0100% | — | +0.0077% | 11.0% | +0.0272% | +0.105% | +0.962% | $74.9M | |
 HitBTC8 h | +0.0100% | +0.0100% | — | +0.0100% | 11.0% | +0.0300% | +0.210% | +0.900% | — | |
 Bybit8 h | +0.0100% | +0.0100% | — | +0.0100% | 11.0% | +0.0268% | +0.144% | +0.780% | $289.8M | |
 KuCoin8 h | +0.0100% | +0.0100% | — | — | 11.0% | +0.0243% | +0.171% | +0.776% | $72.6M | |
 Backpack1 hbest short | +0.0600% | +0.0075% | — | +0.0058% | 65.7% | +0.156% | +0.873% | +2.296% | $2.7M | |
 BigONEinterval unknown | — | +0.0240% | +0.0216% | +0.0100% | — | +0.0626% | +0.459% | +1.247% | $8.6M | |
What Zcash (ZEC) funding actually paid
Over 7 days, a Zcash (ZEC) long paid +0.166% on average across exchanges (8.7% a year). The most on Backpack (+0.873%), the least on Mode Trade (−0.0868%).
Over 30 days, a Zcash (ZEC) long paid +0.809% on average across exchanges (10.2% a year). The most on Backpack (+2.296%), the least on Mode Trade (−0.0409%).
Zcash (ZEC) funding rate history chart
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Zcash (ZEC) funding arbitrage right now
Among the exchanges that publish a 24h volume, the lowest rate now is on Phemex (−0.0129% per 8 h), the highest on Backpack (+0.0600%). Long on Phemex and short on Backpack, price hedged: a difference of 79.8% a year before fees and before the rates move.
Rates only. The price spread between the two perps, fees to enter and exit, book depth and whether the rate holds are in the futures screener →
Zcash (ZEC) perpetual futures by exchange
MEXCZEC/USDT:USDT$1,202.30$1.2BOKXZEC/USDT:USDT$1,202.09$858.6MBybitZEC/USDT:USDT$1,202.55$289.8MHyperliquidZEC/USDC:USDC$1,203.05$280.3MGateZEC/USDT:USDT$1,202.26$193.3MWEEXZEC/USDT:USDT$1,202.59$164.7MXTZEC/USDT:USDT$1,201.70$135.3MBitgetZEC/USDT:USDT$1,202.26$118.9MWhiteBITZEC/USDT:USDT$1,201.53$97.3MDeepcoinZEC/USDT:USDT$1,202.76$83.1MBloFinZEC/USDT:USDT$1,202.55$82.9MBingXZEC/USDT:USDT$1,202.23$74.9MKuCoinZEC/USDT:USDT$1,202.49$72.6MLighterZEC/USDC:USDC$1,202.86$29.1MKrakenZEC/USD:USD$1,201.80$26.1MToobitZEC/USDT:USDT$1,202.30$24.9MHTXZEC/USDT:USDT$1,202.45$21.1MAsterZEC/USDT:USDT$1,202.81$20.1MBigONEZEC/USDT:USDT$1,202.51$8.6MPacificaZEC/USDC:USDC$1,202.44$7.9MBTSEZEC/USDT:USDT$1,202.31$7MPhemexZEC/USDT:USDT$1,202.68$3.5MExtendedZEC/USDC:USDC$1,201.13$3.2MBackpackZEC/USDC:USDC$1,202.03$2.7MWOOFi ProZEC/USDC:USDC$1,201.10$181.6KMode TradeZEC/USDC:USDC$1,201.19$181.6KHitBTCZEC/USDT:USDT$1,202.40—LBankZEC/USDT:USDT—BinanceZEC/USDT:USDT$1,202.30—FAQ
- What is the Zcash (ZEC) funding rate?
A periodic payment between long and short holders of Zcash (ZEC) perpetual futures that keeps the contract price near spot. When the rate is positive, longs pay shorts; when negative, shorts pay longs. Right now it ranges from −0.0129% to 0.0600% per 8 hours across 28 exchanges.
- How often is Zcash (ZEC) funding paid?
Every 8 hours on most exchanges, every 1–4 hours on some (Hyperliquid pays hourly). The table shows each exchange's interval and the time to the next payment.
- Why is the Zcash (ZEC) funding rate different on each exchange?
Each exchange computes it from its own premium of perpetual over index price and its own interval and caps. The difference is what funding arbitrage earns: short where funding is highest, long where it is lowest.
- Does a high APR mean high profit?
No. APR extrapolates the current rate over a year, and rates change every period. Compare it with what was actually paid over 7 and 30 days in the table above.