24h volume$169,869,044,389+96.24%Open interest$131,090,081,463+1.19%Liquidations 24h$151,207,400Longs/Shorts 24h49.64%/50.36%US 30Y5.293%−0.022US debt$40.44T+$30.7B
trifolio

← Arbitrage & Funding

ZK Funding Rates

10 exchanges · updated 26 Oct, 18:26 UTC

ZK perpetual funding on 10 exchanges, a year (APR): positive means longs pay shorts.

Highest now58.2%KrakenLowest now−18.2%GRVTOpen interest$25.2M24h volume$39.3M
Best pair over 7 days
Long Kraken · Short Hyperliquid · 34.8% a year, 24.9% after fees
Open in Arbitrage
Funding by exchange· highest first
ExchangeNow24h7 daysPayoutPriceOpen interest24h volume
KrakenCEX 58.2%+0.0066% / 1h −29.3% 7 days−23.6%paid 38% of hours hourlynext 19:00 UTC 0.012408 $286K $120K Trade
HyperliquidDEX 11.0%+0.0013% / 1h 10.9% 7 days10.9%paid 100% of hours hourlynext 19:00 UTC 0.012402 $4.9M $720K Trade
BybitCEX 11.0%+0.0050% / 4h 3.3% 7 days3.0%paid 75% of hours every 4hnext 20:00 UTC 0.012391 $5.8M $5.8M Trade
BitgetCEX 11.0%+0.0050% / 4h 10.4% 7 days4.3%paid 77% of hours every 4hnext 20:00 UTC 0.012385 $1.4M $1.3M Trade
GateCEX 11.0%+0.0100% / 8h 10.5% 7 days8.3%paid 95% of hours every 8hnext 00:00 UTC 0.012395 $290K $477K Trade
KuCoinCEX 11.0%+0.0050% / 4h 10.6% 7 days1.3%paid 70% of hours every 4hnext 20:00 UTC 0.0124 $2.1M $1.4M Trade
BingXCEX 11.0%+0.0050% / 4h 11.0% 7 days9.9%paid 98% of hours every 4hnext 20:00 UTC 0.012391 $2.3M $6.9M Trade
BinanceCEX 8.3%+0.0038% / 4h 4.1% 7 days1.9%paid 66% of hours every 4hnext 20:00 UTC 0.012391 $6.2M $15.7M Trade
OKXCEX −6.9%−0.0032% / 4h −3.4% 7 days−6.6%paid 35% of hours every 4hnext 20:00 UTC 0.0124 $1.7M $4.9M Trade
GRVTDEX −18.2%−0.0083% / 4h −8.1% 7 days−8.4%paid 28% of hours every 4hnext 20:00 UTC 0.012387 $160K $2.0M Trade
Best pairs· after taker fees in and out over a 7-day hold
Pair7 daysAfter feesPrice spreadLiquidity
LongKrakenShortHyperliquid
DEX ↔ CEX · thin market
34.8% 24.9%fees 0.19% Price spread−0.51%usual +0.066% $286K Open
LongKrakenShortBingX
CEX ↔ CEX · thin market
33.7% 23.3%fees 0.20% Price spread−0.52%usual −0.029% $286K Open
LongKrakenShortGate
CEX ↔ CEX · thin market
32.2% 21.8%fees 0.20% Price spread−0.53%usual −0.009% $286K Open
LongKrakenShortBitget
CEX ↔ CEX · thin market
28.1% 16.6%fees 0.22% Price spread−0.61%usual −0.083% $286K Open
LongKrakenShortBybit
CEX ↔ CEX · thin market
26.8% 15.9%fees 0.21% Price spread−0.52%usual −0.020% $286K Open
LongKrakenShortBinance
CEX ↔ CEX · thin market
25.7% 15.3%fees 0.20% Price spread−0.52%usual −0.067% $286K Open
LongKrakenShortKuCoin
CEX ↔ CEX · thin market
25.1% 13.6%fees 0.22% Price spread−0.53%usual +0.056% $286K Open
LongGRVTShortHyperliquid
DEX ↔ DEX · thin market
19.4% 10.0%fees 0.18% Price spread+0.016%usual +0.13% $160K Open
LongGRVTShortBingX
DEX ↔ CEX · thin market
18.3% 8.4%fees 0.19% Price spread+0.008%usual +0.034% $160K Open
LongOKXShortHyperliquid
DEX ↔ CEX · thin market
17.5% 7.6%fees 0.19% Price spread−0.065%usual +0.049% $1.7M Open
Other coins

Funding from each exchange’s API, refreshed every minute; averages from our hourly records. Links to exchanges are referral links. This is information, not financial advice.