ZEC funding rates and arbitrage
Updated 2026-10-29 15:26 UTC
Best ZEC arbitrage after every cost
| Coin | Pair | Long | Short | Net · 168 h | Net APR | Max size | Status |
|---|---|---|---|---|---|---|---|
| ZEC | Perp ↔ perp | MEXC ZEC_USDT | Backpack ZEC_USDC_PERP | −$241.06 | −125.7% | < $100 | Watch |
| ZEC | Perp ↔ perp | Binance ZECUSDT | Backpack ZEC_USDC_PERP | −$252.10 | −131.5% | < $100 | Watch |
| ZEC | Perp ↔ perp | OKX ZEC-USDT-SWAP | Backpack ZEC_USDC_PERP | −$252.61 | −131.7% | < $100 | Watch |
| ZEC | Perp ↔ perp | Bitget ZECUSDT | Backpack ZEC_USDC_PERP | −$257.25 | −134.1% | < $100 | Watch |
| ZEC | Perp ↔ perp | Gate ZEC_USDT | Backpack ZEC_USDC_PERP | −$258.18 | −134.6% | < $100 | Watch |
| ZEC | Perp ↔ perp | Bybit ZECUSDT | Backpack ZEC_USDC_PERP | −$260.61 | −135.9% | < $100 | Watch |
| ZEC | Perp ↔ perp | BingX ZEC-USDT | Backpack ZEC_USDC_PERP | −$261.10 | −136.1% | < $100 | Watch |
| ZEC | Perp ↔ perp | Aster ZECUSDT | Backpack ZEC_USDC_PERP | −$261.28 | −136.2% | < $100 | Watch |
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
ZEC funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Velocity | ZEC-PERP | 0.0069% | 1 h | +60.2% | — | $15.5K | 2026-10-29 16:01 |
| Backpack | ZEC_USDC_PERP | 0.0066% | 1 h | +58.2% | +44.3% | $4.2M | 2026-10-29 16:00 |
| dYdX | ZEC-USD | 0.0028% | 1 h | +24.8% | +1.0% | $259.5K | 2026-10-29 16:00 |
| BloFin | ZEC-USDT | 0.0151% | 8 h | +16.5% | +16.8% | $26.9M | 2026-10-29 16:00 |
| Kraken | PF_ZECUSD | 0.0019% | 1 h | +16.5% | +1.3% | $17.7M | 2026-10-29 16:00 |
| RISEx | ZEC/USDC | 0.0014% | 1 h | +12.0% | — | $1.1M | 2026-10-29 16:00 |
| Extended | ZEC-USD | 0.0013% | 1 h | +11.4% | +6.6% | $2M | 2026-10-29 16:00 |
| Katana Perps | ZEC-USD | 0.0102% | 8 h | +11.1% | +10.9% | $6.1K | 2026-10-29 16:00 |
| Ondo Perps | ZEC-USD.P | 0.0013% | 1 h | +10.9% | — | $699.5K | 2026-10-29 16:00 |
| Arcus | ZEC-USD | 0.0013% | 1 h | +10.9% | +11.1% | $1.2M | 2026-10-29 16:00 |
| Nado | ZEC-PERP_USDT0 | 0.0013% | 1 h | +10.9% | — | $1.2M | 2026-10-29 16:00 |
| Bulk | ZEC-USD | 0.0013% | 1 h | +10.9% | — | $916.4K | 2026-10-29 16:00 |
| PopDEX | ZECUSDT | 0.0013% | 1 h | +10.9% | +36.0% | $404.8K | 2026-10-29 16:00 |
| WhiteBIT | ZEC_PERP | 0.0100% | 8 h | +10.9% | +8.8% | $144.1M | 2026-10-29 16:00 |
| Pacifica | ZEC | 0.0013% | 1 h | +10.9% | +6.5% | $3.1M | 2026-10-29 16:00 |
| ApeX | ZEC-USDT | 0.0013% | 1 h | +10.9% | +9.4% | $651.8K | 2026-10-29 16:00 |
| StandX | ZEC-USD | 0.0013% | 1 h | +10.9% | — | $4.2K | 2026-10-29 16:00 |
| HTX | ZEC-USDT | 0.0100% | 8 h | +10.9% | +11.0% | $3.7M | 2026-10-29 16:00 |
| Bybit | ZECUSDT | 0.0100% | 8 h | +10.9% | +6.7% | $189.3M | 2026-10-29 16:00 |
| GRVT | ZEC_USDT_Perp | 0.0100% | 8 h | +10.9% | +11.0% | $2.8M | 2026-10-29 16:00 |
| Variational | ZEC-PERP | 0.0100% | 8 h | +10.9% | — | $29.2M | 2026-10-29 16:00 |
| TXFlow | ZEC-USDC | 0.0013% | 1 h | +10.9% | — | $3.1M | 2026-10-29 16:00 |
| Hyperliquid | ZEC | 0.0013% | 1 h | +10.9% | +9.6% | $676.2M | 2026-10-29 16:00 |
| Lighter RH | ZEC | 0.0012% | 1 h | +10.5% | +10.5% | $1M | 2026-10-29 16:00 |
| Coinbase Derivatives | ZEC-20DEC30-CDE | 0.0012% | 1 h | +10.5% | — | $13.7M | 2026-10-29 16:00 |
| Lighter | ZEC | 0.0012% | 1 h | +10.5% | +8.8% | $14.8M | 2026-10-29 16:00 |
| Paradex | ZEC-USD-PERP | 0.0087% | 8 h | +9.5% | — | $40.1K | 2026-10-29 16:00 |
| Bullet | ZEC-USD | 0.0008% | 1 h | +6.8% | — | $207.1K | 2026-10-29 16:00 |
| Binance | ZECUSDT | 0.0038% | 8 h | +4.2% | +4.2% | $612.9M | 2026-10-29 16:00 |
| WOO X | PERP_ZEC_USDT | 0.0038% | 8 h | +4.1% | +4.2% | $14.1K | 2026-10-29 16:00 |
| LBank | ZECUSDT | 0.0038% | 8 h | +4.1% | — | — | 2026-10-29 16:00 |
| MEXC | ZEC_USDT | 0.0037% | 8 h | +4.1% | +4.2% | $140.6M | 2026-10-29 16:00 |
| Aster | ZECUSDT | 0.0036% | 8 h | +3.9% | +8.9% | $8.2M | 2026-10-29 16:00 |
| Bitunix | ZECUSDT | 0.0035% | 8 h | +3.9% | +4.3% | — | 2026-10-29 16:00 |
| KuCoin | ZECUSDTM | 0.0032% | 8 h | +3.5% | +5.6% | $80.4M | 2026-10-29 16:00 |
| Phoenix | ZEC | 0.0002% | 1 h | +1.8% | +0.7% | — | 2026-10-29 16:00 |
| Perpl | ZEC | 0.0000% | 0.7166666666666666666666666667 h | 0.0% | — | $46K | — |
| Gate | ZEC_USDT | -0.0005% | 8 h | −0.5% | +4.2% | $215.4M | 2026-10-29 16:00 |
| OKX | ZEC-USDT-SWAP | -0.0021% | 8 h | −2.3% | +4.3% | $164.5M | 2026-10-29 16:00 |
| BingX | ZEC-USDT | -0.0026% | 8 h | −2.8% | +8.7% | $92.9M | 2026-10-29 16:00 |
| Bitget | ZECUSDT | -0.0028% | 8 h | −3.1% | +4.8% | $124.2M | 2026-10-29 16:00 |
| Phemex | ZECUSDT | -0.0061% | 8 h | −6.7% | — | $3.1M | 2026-10-29 16:00 |
| Bitfinex | tZECF0:USTF0 | -0.0366% | 8 h | −40.1% | — | $941.1K | 2026-10-29 16:00 |
Borrow ZEC to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| OKX | 1.01% | — |
| Bitget | 2.58% | — |
| Binance | 14.19% | — |
| Gate | — | $0 |
Cost to enter $10,000 of ZEC
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | ZEC_USDT | 0.0 bp | live order book |
| Lighter | ZEC | 1.4 bp | live order book |
| Lighter RH | ZEC | 1.8 bp | order-book snapshot, 26 min old |
| Nado | ZEC-PERP_USDT0 | 4.0 bp | order-book snapshot, 34 min old |
| Extended | ZEC-USD | 4.3 bp | order-book snapshot, 31 min old |
| OKX | ZEC-USDT-SWAP | 5.2 bp | live order book |
| BingX | ZEC-USDT | 5.4 bp | live order book |
| Binance | ZECUSDT | 6.0 bp | live order book |
| Bybit | ZECUSDT | 6.1 bp | live order book |
| BloFin | ZEC-USDT | 6.1 bp | live order book |
| Hyperliquid | ZEC | 7.7 bp | live order book |
| Gate | ZEC_USDT | 8.7 bp | live order book |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
More on ZEC
Questions
Is ZEC funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no ZEC pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest ZEC funding rate?
Velocity at +60.2% a year (0.0069% every 1 h); the lowest is Bitfinex at −40.1%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.