ZK funding rates

ZK perpetual funding is currently quoted across 8 venues, ranging from -89.0% to +10.9% APR. The most reliable delta-neutral pairing for ZK right now is long Hyperliquid / short Lighter at +15.9% net APR (high risk, ~2.5d to break even).

as of 2026-07-29 10:42 UTC
Best delta-neutral pairing
Long Hyperliquid / Short Lighter
+15.9% net APR
Backtested (30d)
-4.8%
Stability
50.8%
Risk
high
Breakeven
~2.5d

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
Pacifica+10.95%
Variational+10.95%
Lighter+10.51%
dYdX+0.00%
Aster-1.06%
Grvt-9.85%
Hyperliquid-16.26%
Kraken-89.03%

Frequently asked

What is the ZK funding rate right now?

ZK perpetual funding ranges from -89.03% to 10.95% APR across 8 exchanges we track; the widest delta-neutral spread is long Hyperliquid / short Lighter at 15.9% net APR.

Which exchange has the highest ZK funding rate?

Pacifica currently has the highest at 10.95% APR. See the full ranking above.