Zcash Funding Rate (ZEC)

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

Zcash current price: $1,038

Rate MatrixHeatmapCumulative Fees

ZEC Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Hyperliquid+0.0041%+36.00%1h$628.1M
2Binance-0.0007%-0.75%8h00:00 UTC$612.3M
3Bybit+0.0100%+10.95%8h00:00 UTC$271.0M
4WhiteBIT+0.0100%+10.95%8h00:00 UTC$144.0M
5KuCoin+0.0029%+3.18%8h00:00 UTC$120.7M
6Bitget-0.0030%-3.29%8h$115.8M
7MEXC-0.0006%$114.1M
8Gate+0.0054%+5.91%8h00:00 UTC$64.6M
9Lighterhighest+0.0240%+210.24%1h$19.2M
10Kraken-0.0010%$16.9M
11Aster+0.0013%+10.95%1h18:00 UTC$7.0M
12CoinEx-0.0045%-4.96%8h08:00 UTC$4.2M
13Coinbase+0.0030%+26.28%1h$2.7M
14Backpack+0.0023%+20.40%1h18:00 UTC$2.1M
15dYdX+0.0000%+0.00%1h$0.4M
16Bitfinex-0.0083%00:00 UTC$0.2M
17Paradex+0.0100%+10.97%8h$0.0M
18HTX+0.0100%+10.95%8h00:00 UTC
19BingX+0.0100%00:00 UTC
20Bitunix+0.0000%+0.00%8h17:05 UTC
21LBank-0.0007%00:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0035%
OI-Weighted Rate
+0.0033%
Volume-Weighted Rate
+0.0015%

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+0.0300%+0.1938%+0.8539%+0.4866%
OKX+0.0251%+0.1908%+0.7119%+0.2170%
Bitget-0.0374%+0.0716%+0.6383%+0.4516%
Binance+0.0000%+0.0992%+0.6133%-0.0485%
Gate+0.0070%+0.0850%+0.4498%-0.3595%
HTX+0.0300%-0.0447%+0.1515%-0.7298%

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 0.0035% across 21 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 lighter shows the highest (or most extreme) ZEC funding rate among tracked exchanges, at 0.0240%. 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.