ZM funding rates

ZM funding is +0.0463% per 8h on OKX right now, +50.7% annualized; 10 exchanges quote the perpetual.

Rates by exchange

live
ExchangeMarkIndexMark vs indexFundingAPRIntervalNext settlement
OKX97.880097.7600+0.1227%+0.0463%+50.7%8h03:59 PM UTC
BingX97.910097.9200-0.0102%+0.0458%+50.2%8h03:59 PM UTC
Bitget97.900097.6938+0.2111%+0.0319%+34.9%8h03:59 PM UTC
LBank97.900097.7700+0.1330%+0.0168%+18.4%8h03:59 PM UTC
MEXC97.850097.7800+0.0716%+0.0168%+18.4%8h03:59 PM UTC
Binance97.900097.7653+0.1378%+0.0167%+18.2%8h03:59 PM UTC
KuCoin98.020097.7800+0.2454%+0.0006%+0.7%8h03:59 PM UTC
Aster97.883797.7659+0.1205%0.0000%0.0%8h03:59 PM UTC
Bybit97.860097.7800+0.0818%0.0000%0.0%8h03:59 PM UTC
Gate98.020097.8460+0.1778%0.0000%0.0%8h03:59 PM UTC

Top pairings for ZM

LongShortKindFunding / 24h
Binance spot 97.7700KuCoin perp 98.0200spot-perp+0.001%Open in scanner
LBank spot 97.7600KuCoin perp 98.0200spot-perp+0.001%Open in scanner
Bybit perp 97.8600KuCoin perp 98.0200perp-perp+0.001%Open in scanner
Binance perp 97.9000KuCoin perp 98.0200perp-perp-0.049%Open in scanner
BingX perp 97.9100KuCoin perp 98.0200perp-perp-0.136%Open in scanner

71 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.

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The table shows every exchange where ZM 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.

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