ZEN funding rates
ZEN funding is +0.0100% per 8h on Aster right now, +11.0% annualized; 10 exchanges quote the perpetual.
Rates by exchange
live| Exchange | Mark | Index | Mark vs index | Funding | APR | Interval | Next settlement |
|---|---|---|---|---|---|---|---|
 Aster | 5.9440 | 5.9437 | +0.0055% | +0.0100% | +11.0% | 8h | 03:59 PM UTC |
 BingX | 5.9380 | 5.9430 | -0.0841% | +0.0100% | +11.0% | 8h | 03:59 PM UTC |
 Bitget | 5.9340 | 5.9421 | -0.1361% | +0.0100% | +11.0% | 8h | 03:59 PM UTC |
 Bybit | 5.9350 | 5.9420 | -0.1178% | +0.0100% | +11.0% | 8h | 03:59 PM UTC |
 Hyperliquid | 5.9385 | 5.9425 | -0.0673% | +0.0013% | +11.0% | 1h | 11:59 AM UTC |
 OKX | 5.9410 | 5.9450 | -0.0673% | +0.0050% | +11.0% | 4h | 11:59 AM UTC |
 KuCoin | 5.9410 | 5.9450 | -0.0673% | +0.0018% | +2.0% | 8h | 03:59 PM UTC |
 LBank | 5.9390 | 5.9430 | -0.0673% | +0.0010% | +1.1% | 8h | 03:59 PM UTC |
 MEXC | 5.9390 | 5.9410 | -0.0337% | +0.0010% | +1.1% | 8h | 03:59 PM UTC |
 Binance | 5.9395 | 5.9437 | -0.0707% | +0.0010% | +1.0% | 8h | 03:59 PM UTC |
Top pairings for ZEN
| Long | Short | Kind | Funding / 24h | |
|---|---|---|---|---|
| Bybit perp 5.9350 | Binance margin 5.9420 | hedge | -0.085% | Open in scanner |
| Bybit perp 5.9350 | Bybit margin 5.9450 | hedge | -0.041% | Open in scanner |
| Bybit perp 5.9350 | OKX margin 5.9410 | hedge | -0.049% | Open in scanner |
| Bitget perp 5.9340 | Binance margin 5.9420 | hedge | -0.085% | Open in scanner |
| Bybit perp 5.9350 | Binance perp 5.9396 | perp-perp | -0.027% | Open in scanner |
118 pairings in the scanner
See every pairing live
The scanner ranks every route by net spread through the order book, after both legs’ fees, with alerts to Telegram and a trade journal. The first week is free.
The table shows every exchange where ZEN trades as a perpetual: the rate per settlement, the same rate annualized, the settlement interval and when the next one is. The numbers are the exchanges’ own, read live, not a snapshot from an hour ago.
A positive rate is paid by longs to shorts, a negative one the other way round. The annualized figure assumes the rate stays put for a year, which it never does — it is a way to compare exchanges with different intervals, not a forecast.
The highest and the lowest rate across exchanges are what a funding spread is made of: short where longs pay the most, long where they pay the least, and collect the difference every settlement — minus the cost of entering both legs.
FAQ
What is a funding rate?
A periodic payment between long and short holders of a perpetual that keeps its price near the spot price. Positive: longs pay shorts; negative: shorts pay longs.
How is the annualized rate computed?
The rate per settlement times the number of settlements in a year — 1095 for an 8h interval — in percent. It is a comparison figure, not a forecast.
Why does the rate differ between exchanges?
Each exchange computes its own rate from its own order flow and interval. The differences are what funding arbitrage lives on.