ZEC funding rates

ZEC perpetual funding is currently quoted across 25 venues, ranging from -23.8% to +27.5% APR. The most reliable delta-neutral pairing for ZEC right now is long Decibel / short Phoenix at +31.6% net APR (medium risk, ~0.8d to break even).

as of 2026-09-12 14:42 UTC
Best delta-neutral pairing
Long Decibel / Short Phoenix
+31.6% net APR
Backtested (30d)
+36.7%
Stability
100%
Risk
medium
Breakeven
~0.8d

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

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ZEC funding by exchange

ExchangeFunding APR
Phoenix+27.51%
n1xyz+22.78%
dYdX+19.92%
Perpl+12.22%
Extended+11.39%
Hyperliquid+10.95%
Ondo+10.95%
Polymarket+10.95%
Grvt+10.95%
Arcus+10.95%
Aster+10.95%
Bulk+10.95%
Nado+10.95%
Katana+10.92%
Lighter RH+10.51%
Lighter+10.51%
Paradex+10.37%
RiseX+8.40%
Pacifica+6.80%
TxFlow+4.57%
SoDEX+1.39%
Variational-3.02%
HotStuff-8.76%
Decibel-9.64%
Kraken-23.75%

Frequently asked

What is the ZEC funding rate right now?

ZEC perpetual funding ranges from -23.75% to 27.51% APR across 25 exchanges we track; the widest delta-neutral spread is long Decibel / short Phoenix at 31.6% net APR.

Which exchange has the highest ZEC funding rate?

Phoenix currently has the highest at 27.51% APR. See the full ranking above.