ZM funding rates

ZM perpetual funding is currently quoted across 3 venues, ranging from -223.9% to +140.2% APR. The most reliable delta-neutral pairing for ZM right now is long TradeXYZ / short QFEX at +347.0% net APR (high risk, ~0.4d to break even).

as of 2026-07-29 10:40 UTC
Best delta-neutral pairing
Long TradeXYZ / Short QFEX
+347.0% net APR
Backtested (30d)
-24.4%
Stability
29.6%
Risk
high
Breakeven
~0.4d

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

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ZM funding by exchange

ExchangeFunding APR
QFEX+140.16%
Aster+75.61%
TradeXYZ-223.86%

Frequently asked

What is the ZM funding rate right now?

ZM perpetual funding ranges from -223.86% to 140.16% APR across 3 exchanges we track; the widest delta-neutral spread is long TradeXYZ / short QFEX at 347.0% net APR.

Which exchange has the highest ZM funding rate?

QFEX currently has the highest at 140.16% APR. See the full ranking above.