24h volume$167,972,627,792+94.05%Open interest$131,599,888,916+1.58%Liquidations 24h$150,947,369Longs/Shorts 24h49.53%/50.47%US 30Y5.296%−0.019US debt$40.44T+$30.7B
trifolio

← Arbitrage & Funding

ZRO Funding Rates

17 exchanges · updated 26 Oct, 17:50 UTC

ZRO perpetual funding on 17 exchanges, a year (APR): positive means longs pay shorts.

Highest now11.4%ExtendedLowest now−5.0%NadoOpen interest$174.0M24h volume$109.2M
Best pair over 7 days
Long Variational · Short Lighter · 4.7% a year, 4.7% after fees
Open in Arbitrage
Funding by exchange· highest first
ExchangeNow24h7 daysPayoutPriceOpen interest24h volume
ExtendedDEX 11.4%+0.0013% / 1h 11.4% 7 days11.4%paid 100% of hours hourlynext 18:00 UTC 1.6604 $660K $443K Trade
KrakenCEX 11.1%+0.0013% / 1h 12.7% 7 days7.9%paid 62% of hours hourlynext 18:00 UTC 1.6623 $429K $693K Trade
HyperliquidDEX 11.0%+0.0013% / 1h 9.8% 7 days12.3%paid 99% of hours hourlynext 18:00 UTC 1.663 $64.8M $13.4M Trade
AsterDEX 11.0%+0.0050% / 4h 10.3% 7 days10.1%paid 96% of hours every 4hnext 20:00 UTC 1.6607 $214K $109K Trade
PacificaDEX 11.0%+0.0013% / 1h 11.0% 7 days10.9%paid 100% of hours hourlynext 18:00 UTC 1.663 $208K $412K Trade
VariationalDEX 11.0%+0.0050% / 4h 10.4% 7 days7.1%paid 88% of hours every 4hnext 20:00 UTC 1.6598 $3.7M $364K Trade
Polymarket PerpsDEX 11.0%+0.0013% / 1h 10.8% 7 days10.9%paid 100% of hours hourlynext 18:00 UTC 1.6629 $147K $265K Trade
BybitCEX 11.0%+0.0050% / 4h 10.2% 7 days8.4%paid 92% of hours every 4hnext 20:00 UTC 1.661 $27.3M $20.9M Trade
OKXCEX 11.0%+0.0050% / 4h 10.5% 7 days5.5%paid 79% of hours every 4hnext 20:00 UTC 1.6614 $6.6M $13.6M Trade
BitgetCEX 11.0%+0.0050% / 4h 9.2% 7 days9.6%paid 94% of hours every 4hnext 20:00 UTC 1.6603 $3.7M $2.5M Trade
GateCEX 11.0%+0.0050% / 4h 7.6% 7 days6.0%paid 81% of hours every 4hnext 20:00 UTC 1.6625 $15.2M $1.3M Trade
KuCoinCEX 11.0%+0.0050% / 4h 9.4% 7 days3.8%paid 70% of hours every 4hnext 20:00 UTC 1.6609 $2.8M $393K Trade
BingXCEX 11.0%+0.0050% / 4h 11.0% 7 days10.9%paid 100% of hours every 4hnext 20:00 UTC 1.6616 — $14.9M Trade
LighterDEX 10.5%+0.0012% / 1h 10.5% 7 days12.1%paid 100% of hours hourlynext 18:00 UTC 1.6632 $6.7M $706K Trade
MEXCCEX 5.7%+0.0026% / 4h 9.4% 7 days6.6%paid 90% of hours every 4hnext 20:00 UTC 1.6609 $6.4M $4.6M Trade
BinanceCEX 5.4%+0.0025% / 4h 9.4% 7 days6.6%paid 90% of hours every 4hnext 20:00 UTC 1.6606 $34.4M $34.3M Trade
NadoDEX −5.0%−0.0006% / 1h 8.5% 7 days10.2%paid 98% of hours hourlynext 18:00 UTC 1.6643 $694K $242K Trade
Best pairs· after taker fees in and out over a 7-day hold
Pair7 daysAfter feesPrice spreadLiquidity
LongVariationalShortLighter
DEX ↔ DEX · thin market
4.7% 4.7%fees 0.00% Price spread+0.062%usual +0.13% $3.7M Open
LongMEXCShortLighter
DEX ↔ CEX · thin market
5.5% 3.4%fees 0.04% Price spread+0.13%usual +0.14% $6.4M Open
LongKuCoinShortLighter
DEX ↔ CEX · thin market
8.3% 2.0%fees 0.12% Price spread+0.061%usual +0.17% $2.8M Open
LongVariationalShortExtended
DEX ↔ DEX · thin market
4.4% 1.8%fees 0.05% Price spread−0.039%usual +0.073% $660K Open
LongOKXShortLighter
DEX ↔ CEX · thin market
6.5% 1.3%fees 0.10% Price spread+0.10%usual +0.10% $6.6M Open
LongGateShortLighter
DEX ↔ CEX · thin market
6.0% 0.8%fees 0.10% Price spread+0.013%usual +0.13% $6.7M Open
LongBinanceShortLighter
DEX ↔ CEX · thin market
5.4% 0.2%fees 0.10% Price spread+0.14%usual +0.14% $6.7M Open
LongVariationalShortNado
DEX ↔ DEX · thin market
3.7% 0.1%fees 0.07% Price spread+0.13%usual +0.13% $694K Open
LongMEXCShortExtended
DEX ↔ CEX · thin market
4.8% 0.1%fees 0.09% Price spread+0.032%usual +0.086% $660K Open
LongVariationalShortPacifica
DEX ↔ DEX · thin market
3.9% −0.3%fees 0.08% Price spread+0.053%usual +0.11% $208K 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.