ZEN Funding Rate (Horizen)

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

Horizen current price: $4.23

Rate MatrixHeatmapCumulative Fees

ZEN Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance-0.0028%-3.08%8h08:00 UTC$4.3M
2KuCoin+0.0100%+10.95%8h08:00 UTC$3.6M
3Bybit+0.0100%+10.95%8h08:00 UTC$1.9M
4MEXC-0.0025%$1.6M
5Bitget+0.0100%+10.95%8h$1.2M
6WhiteBIT+0.0100%+10.95%8h08:00 UTC$0.9M
7Hyperliquid+0.0013%+10.95%1h$0.3M
8CoinEx-0.0054%-5.92%8h16:00 UTC$0.1M
9Kraken-0.0027%$0.0M
10Aster+0.0013%+10.95%1h01:00 UTC$0.0M
11Coinbasehighest-0.0103%-90.23%1h$0.0M
12dYdX+0.0000%+0.00%1h$0.0M
13BingX+0.0100%08:00 UTC
14Bitunix+0.0054%+5.87%8h08:00 UTC
15LBank-0.0033%08:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0021%
OI-Weighted Rate
+0.0043%
Volume-Weighted Rate
+0.0017%

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%+0.1172%+0.4321%+0.4321%

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 0.0021% across 15 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 coinbase shows the highest (or most extreme) ZEN funding rate among tracked exchanges, at -0.0103%. 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.