ZRX funding rates
ZRX funding is -0.0345% per 8h on Bybit right now, -37.8% annualized; 9 exchanges quote the perpetual.
Rates by exchange
live| Exchange | Mark | Index | Mark vs index | Funding | APR | Interval | Next settlement |
|---|---|---|---|---|---|---|---|
| 0.1072 | 0.1077 | -0.4337% | +0.0100% | +11.0% | 8h | 03:59 PM UTC | |
| 0.1074 | 0.1076 | -0.1859% | -0.0059% | -12.9% | 4h | 03:59 PM UTC | |
| 0.1076 | 0.1076 | -0.0064% | -0.0077% | -16.9% | 4h | 03:59 PM UTC | |
| 0.1074 | 0.1077 | -0.2786% | -0.0159% | -34.8% | 4h | 03:59 PM UTC | |
| 0.1073 | 0.1077 | -0.3898% | -0.0167% | -36.5% | 4h | 03:59 PM UTC | |
| 0.1075 | 0.1077 | -0.1950% | -0.0345% | -37.8% | 8h | 03:59 PM UTC | |
| 0.1074 | 0.1076 | -0.2173% | -0.0243% | -53.3% | 4h | 03:59 PM UTC | |
| 0.1074 | 0.1076 | -0.1859% | -0.0246% | -53.9% | 4h | 03:59 PM UTC | |
| 0.1073 | 0.1076 | -0.2788% | -0.0247% | -54.1% | 4h | 03:59 PM UTC |
Top pairings for ZRX
| Long | Short | Kind | Funding / 24h | |
|---|---|---|---|---|
| hedge | -0.108% | Open in scanner | ||
| hedge | -0.071% | Open in scanner | ||
| hedge | -0.082% | Open in scanner | ||
| perp-perp | -0.134% | Open in scanner | ||
| perp-perp | -0.130% | Open in scanner |
93 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 ZRX 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 — 2190 for an 4h 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.

