ZK funding rates

ZK perpetual funding is currently quoted across 7 venues, ranging from -25.4% to +144.7% APR. The most reliable delta-neutral pairing for ZK right now is long Aster / short Lighter at +25.5% net APR (high risk, ~1.6d to break even).

as of 2026-10-28 08:44 UTC
Best delta-neutral pairing
Long Aster / Short Lighter
+25.5% net APR
Backtested (30d)
-1.1%
Stability
48%
Risk
high
Breakeven
~1.6d

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

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ZK funding by exchange

ExchangeFunding APR
Kraken+144.72%
Hyperliquid+10.95%
Pacifica+10.95%
Variational+10.95%
Lighter+10.51%
Grvt+6.13%
Aster-25.40%

Frequently asked

What is the ZK funding rate right now?

ZK perpetual funding ranges from -25.40% to 144.72% APR across 7 exchanges we track; the widest delta-neutral spread is long Aster / short Lighter at 25.5% net APR.

Which exchange has the highest ZK funding rate?

Kraken currently has the highest at 144.72% APR. See the full ranking above.