ZEN funding rate on Variational

Funding APR
-9.45%
-0.0086% / 8h
Interval
8h
next 00:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
7
listing this pair

Over the last 30 days, ZEN funding on Variational averaged +4.1% APR and stayed positive 72.7% of the time, ranging from -31.2% to +10.9%. Right now it pays shorts pay longs at -9.4% APR, settled every 8h across 7 venues we track. The most reliable delta-neutral pairing for ZEN right now is long Kraken / short Extended at +185.2% net APR (high risk, ~0.3d to break even).

as of 2026-09-11 17:17 UTC

ZEN funding history on Variationallast 30d

30d average
+4.11%
Range
-31% / 11%
% positive
72.7%
Volatility
8.8
Best delta-neutral pairing
Long Kraken / Short Variational
+175.0% net APR
Backtested (30d)
+4.5%
Stability
52.5%
Risk
high
Breakeven
~0.3d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How ZEN funding compares across venues

ExchangeFunding APR
Hyperliquid+10.95%
Grvt+10.95%
Aster+4.51%
dYdX+0.00%
Extended+0.00%
Variational-9.45%
Kraken-197.47%

Frequently asked

What is the current ZEN funding rate on Variational?

ZEN on Variational is funding at -9.45% APR (-0.0086% every 8h), paid shorts pay longs, as of 2026-09-11 17:17 UTC.

How often does Variational pay funding on ZEN?

Every 8 hours.

How do I earn ZEN funding without price risk?

Open a delta-neutral position: long Kraken and short Variational, currently 175.0% net APR (high risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy