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| Exchange | Mark | Index | Mark vs index | Funding | APR | Interval | Next settlement |
|---|---|---|---|---|---|---|---|
| 97.8800 | 97.7600 | +0.1227% | +0.0463% | +50.7% | 8h | 03:59 PM UTC | |
| 97.9100 | 97.9200 | -0.0102% | +0.0458% | +50.2% | 8h | 03:59 PM UTC | |
| 97.9000 | 97.6938 | +0.2111% | +0.0319% | +34.9% | 8h | 03:59 PM UTC | |
| 97.9000 | 97.7700 | +0.1330% | +0.0168% | +18.4% | 8h | 03:59 PM UTC | |
| 97.8500 | 97.7800 | +0.0716% | +0.0168% | +18.4% | 8h | 03:59 PM UTC | |
| 97.9000 | 97.7653 | +0.1378% | +0.0167% | +18.2% | 8h | 03:59 PM UTC | |
| 98.0200 | 97.7800 | +0.2454% | +0.0006% | +0.7% | 8h | 03:59 PM UTC | |
| 97.8837 | 97.7659 | +0.1205% | 0.0000% | 0.0% | 8h | 03:59 PM UTC | |
| 97.8600 | 97.7800 | +0.0818% | 0.0000% | 0.0% | 8h | 03:59 PM UTC | |
| 98.0200 | 97.8460 | +0.1778% | 0.0000% | 0.0% | 8h | 03:59 PM UTC |
Top pairings for ZM
| Long | Short | Kind | Funding / 24h | |
|---|---|---|---|---|
| spot-perp | +0.001% | Open in scanner | ||
| spot-perp | +0.001% | Open in scanner | ||
| perp-perp | +0.001% | Open in scanner | ||
| perp-perp | -0.049% | Open in scanner | ||
| perp-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.
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.

