ZEC Funding Rate (Zcash)

Compare Zcash perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute

Zcash current price: $548.71

Rate MatrixHeatmapCumulative Fees

ZEC Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Hyperliquid+0.0013%+10.95%1h$323.1M
2Binance+0.0100%+10.95%8h08:00 UTC$278.7M
3KuCoin+0.0100%+10.95%8h08:00 UTC$108.1M
4Bybit+0.0100%+10.95%8h08:00 UTC$95.7M
5WhiteBIT+0.0092%+10.10%8h08:00 UTC$64.0M
6Bitget+0.0100%+10.95%8h$60.2M
7MEXC+0.0100%$44.7M
8edgeX+0.0050%+10.95%4h08:00 UTC$19.3M
9Gate+0.0098%+10.73%8h08:00 UTC$10.5M
10Kraken+0.0028%$6.4M
11Lighter+0.0096%+84.10%1h$5.1M
12CoinEx+0.0000%+0.00%8h16:00 UTC$4.1M
13Aster-0.0005%-4.12%1h06:00 UTC$3.3M
14Backpack+0.0009%+7.88%1h06:00 UTC$1.9M
15Coinbase+0.0003%+2.63%1h$1.0M
16Bitfinexhighest+0.0130%08:00 UTC$0.3M
17dYdX-0.0093%-81.07%1h$0.2M
18BitMEX+0.0100%+10.95%8h12:00 UTC$0.2M
19Paradex+0.0070%+7.67%8h$0.0M
20HTX+0.0100%+10.95%8h08:00 UTC
21BingX+0.0057%08:00 UTC
22Bitunix+0.0000%+0.00%8h05:30 UTC
23LBank+0.0100%08:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0059%
OI-Weighted Rate
+0.0070%
Volume-Weighted Rate
+0.0091%

ZEC Funding Rate History

ZEC Cumulative Funding Cost

Cumulative settled funding rate by exchange over each window — positive means longs paid shorts (cost of holding a long), negative means shorts paid longs.

Exchange1D7D30D90D
Bybit+0.0186%+0.1641%+0.4881%-0.7171%
OKX+0.0146%+0.1115%+0.3608%-0.8895%
Bitget+0.0250%+0.1762%+0.3082%-1.4154%
Binance+0.0000%+0.0921%+0.2931%-1.5331%
Gate+0.0210%+0.1246%+0.2000%-1.4352%
HTX+0.0300%+0.2100%+0.0116%-2.1479%

About Zcash Funding Rate

What is the ZEC funding rate?

The ZEC funding rate is a periodic payment between long and short traders on Zcash perpetual futures, designed to keep the contract price anchored to the spot index. When the rate is positive, longs pay shorts; when negative, shorts pay longs. It is the main ongoing cost (or income) of holding a leveraged ZEC perpetual position.

What does a positive or negative ZEC funding rate mean?

A persistently positive ZEC funding rate signals crowded long positioning and bullish sentiment — longs keep paying to stay in the trade. A negative rate signals short-side dominance and bearish sentiment. Extreme funding rates in either direction often indicate an overcrowded trade and raise the risk of a sharp reversal or short squeeze/long squeeze.

What is the current ZEC funding rate?

As of now, the ZEC funding rate averages 0.0059% across 23 exchanges CoinBoss tracks, and the rate is positive. This figure updates in real time — check the table above for the latest per-exchange breakdown and the OI-weighted composite rate.

Which exchange has the highest ZEC funding rate?

Right now bitfinex shows the highest (or most extreme) ZEC funding rate among tracked exchanges, at 0.0130%. Funding rates can vary meaningfully across exchanges due to differences in order-book premium, index price and leverage demand — creating potential funding rate arbitrage opportunities.
Most exchanges settle funding every 8 hours (00:00 / 08:00 / 16:00 UTC). Actual settlement intervals may vary by exchange and contract.