Horizen Funding Rate (ZEN)

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

Horizen current price: $7.17

Rate MatrixHeatmapCumulative Fees

ZEN Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0024%+2.67%8h16:00 UTC$11.1M
2MEXC+0.0026%$10.8M
3KuCoin-0.0094%-10.29%8h16:00 UTC$5.9M
4Bybit+0.0100%+10.95%8h16:00 UTC$4.0M
5Bitget+0.0100%+10.95%8h$2.5M
6WhiteBIT+0.0100%+10.95%8h16:00 UTC$2.5M
7Hyperliquid+0.0013%+10.95%1h$1.7M
8CoinEx+0.0000%+0.00%8h00:00 UTC$0.1M
9Krakenhighest+0.0184%$0.1M
10Aster+0.0100%+10.95%8h16:00 UTC$0.1M
11dYdX+0.0000%+0.00%1h$0.0M
12BingX+0.0100%16:00 UTC
13Bitunix+0.0024%+2.64%8h16:00 UTC
14LBank+0.0025%16:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0050%
OI-Weighted Rate
+0.0024%
Volume-Weighted Rate
+0.0032%

ZEN Funding Rate History

ZEN 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
Binance+0.0000%+0.1342%+0.7157%+1.4937%
OKX+0.0300%+0.0300%+0.0300%+0.0300%
Bybit+0.0300%+0.0300%+0.0300%+0.0300%
Bitget+0.0300%+0.0300%+0.0300%+0.0300%

About Horizen Funding Rate

What is the ZEN funding rate?

The ZEN funding rate is a periodic payment between long and short traders on Horizen 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 ZEN perpetual position.

What does a positive or negative ZEN funding rate mean?

A persistently positive ZEN 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 ZEN funding rate?

As of now, the ZEN funding rate averages 0.0050% across 14 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 ZEN funding rate?

Right now kraken shows the highest (or most extreme) ZEN funding rate among tracked exchanges, at 0.0184%. 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.