ZEN funding rates

ZEN perpetual funding is currently quoted across 6 venues, ranging from -29.5% to +27.9% APR. The most reliable delta-neutral pairing for ZEN right now is long Grvt / short Kraken at +3.2% net APR (low risk, ~1.3d to break even).

as of 2026-07-29 10:36 UTC
Best delta-neutral pairing
Long Grvt / Short Kraken
+3.2% net APR
Backtested (30d)
+20.7%
Stability
65.4%
Risk
low
Breakeven
~1.3d

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

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ZEN funding by exchange

ExchangeFunding APR
Kraken+27.85%
Hyperliquid+10.95%
Grvt+10.95%
Aster+10.95%
dYdX+0.00%
Variational-29.46%

Frequently asked

What is the ZEN funding rate right now?

ZEN perpetual funding ranges from -29.46% to 27.85% APR across 6 exchanges we track; the widest delta-neutral spread is long Grvt / short Kraken at 3.2% net APR.

Which exchange has the highest ZEN funding rate?

Kraken currently has the highest at 27.85% APR. See the full ranking above.