# ZEC funding rates and arbitrage

Updated 2026-10-30 01:52 UTC · https://afterfees.xyz/coin/ZEC

## Best ZEC arbitrage after every cost

No ZEC pair nets a profit at this size right now.

_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](https://afterfees.xyz/venues/velocity) | ZEC-PERP | 0.0063% | 1 h | +54.8% | — | $14.3K | 2026-10-30 02:01 |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_ZECUSD | 0.0055% | 1 h | +48.4% | +1.6% | $15.1M | 2026-10-30 02:00 |
| [Coinbase Derivatives](https://afterfees.xyz/venues/coinbaseus) | ZEC-20DEC30-CDE | 0.0029% | 1 h | +25.4% | — | $11.5M | 2026-10-30 01:00 |
| [Backpack](https://afterfees.xyz/venues/backpack) | ZEC_USDC_PERP | 0.0025% | 1 h | +22.3% | +41.0% | $3.6M | 2026-10-30 02:00 |
| [BloFin](https://afterfees.xyz/venues/blofin) | ZEC-USDT | 0.0195% | 8 h | +21.4% | +16.8% | $24M | 2026-10-30 08:00 |
| [Katana Perps](https://afterfees.xyz/venues/katana) | ZEC-USD | 0.0115% | 8 h | +12.6% | +11.3% | $3.2K | 2026-10-30 08:00 |
| [Perpl](https://afterfees.xyz/venues/perpl) | ZEC | 0.0010% | 0.7166666666666666666666666667 h | +12.2% | — | $44.7K | — |
| [Extended](https://afterfees.xyz/venues/extended) | ZEC-USD | 0.0013% | 1 h | +11.4% | +6.6% | $1.6M | 2026-10-30 02:00 |
| [RISEx](https://afterfees.xyz/venues/risex) | ZEC/USDC | 0.0013% | 1 h | +11.2% | — | $1.1M | 2026-10-30 02:00 |
| [Phemex](https://afterfees.xyz/venues/phemex) | ZECUSDT | 0.0100% | 8 h | +10.9% | — | $2.6M | 2026-10-30 08:00 |
| [Ondo Perps](https://afterfees.xyz/venues/ondo) | ZEC-USD.P | 0.0013% | 1 h | +10.9% | — | $654.8K | 2026-10-30 02:00 |
| [Bulk](https://afterfees.xyz/venues/bulk) | ZEC-USD | 0.0013% | 1 h | +10.9% | — | $890.4K | 2026-10-30 02:00 |
| [Arcus](https://afterfees.xyz/venues/arcus) | ZEC-USD | 0.0013% | 1 h | +10.9% | +11.1% | $1.2M | 2026-10-30 02:00 |
| [Nado](https://afterfees.xyz/venues/nado) | ZEC-PERP_USDT0 | 0.0013% | 1 h | +10.9% | — | $1.3M | 2026-10-30 02:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | ZEC-USDT | 0.0100% | 8 h | +10.9% | +8.4% | $100.2M | 2026-10-30 08:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | ZECUSDTM | 0.0100% | 8 h | +10.9% | +5.3% | $73.4M | 2026-10-30 08:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | ZECUSDT | 0.0100% | 8 h | +10.9% | +7.6% | $167.7M | 2026-10-30 08:00 |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | ZEC_PERP | 0.0100% | 8 h | +10.9% | +10.3% | $122.9M | 2026-10-30 08:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | ZECUSDT | 0.0100% | 8 h | +10.9% | +4.4% | $115.2M | 2026-10-30 08:00 |
| [OKX](https://afterfees.xyz/venues/okx) | ZEC-USDT-SWAP | 0.0100% | 8 h | +10.9% | +4.3% | $142.3M | 2026-10-30 08:00 |
| [HTX](https://afterfees.xyz/venues/htx) | ZEC-USDT | 0.0100% | 8 h | +10.9% | +11.4% | $2.7M | 2026-10-30 08:00 |
| [PopDEX](https://afterfees.xyz/venues/popdex) | ZECUSDT | 0.0013% | 1 h | +10.9% | +33.0% | $374.5K | 2026-10-30 02:00 |
| [Bullet](https://afterfees.xyz/venues/bullet) | ZEC-USD | 0.0013% | 1 h | +10.9% | — | $196.6K | 2026-10-30 02:00 |
| [Variational](https://afterfees.xyz/venues/variational) | ZEC-PERP | 0.0100% | 8 h | +10.9% | — | $24.4M | 2026-10-30 08:00 |
| [StandX](https://afterfees.xyz/venues/standx) | ZEC-USD | 0.0013% | 1 h | +10.9% | — | $3.9K | 2026-10-30 02:00 |
| [GRVT](https://afterfees.xyz/venues/grvt) | ZEC_USDT_Perp | 0.0100% | 8 h | +10.9% | +11.4% | $2.4M | 2026-10-30 08:00 |
| [Aster](https://afterfees.xyz/venues/aster) | ZECUSDT | 0.0100% | 8 h | +10.9% | +9.1% | $8.3M | 2026-10-30 08:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | ZEC | 0.0013% | 1 h | +10.9% | +9.8% | $607.3M | 2026-10-30 02:00 |
| [Gate](https://afterfees.xyz/venues/gate) | ZEC_USDT | 0.0100% | 8 h | +10.9% | +4.3% | $191.2M | 2026-10-30 08:00 |
| [Pacifica](https://afterfees.xyz/venues/pacifica) | ZEC | 0.0012% | 1 h | +10.5% | +6.0% | $3.1M | 2026-10-30 02:00 |
| [Lighter RH](https://afterfees.xyz/venues/lighterrh) | ZEC | 0.0012% | 1 h | +10.5% | +10.5% | $900.6K | 2026-10-30 02:00 |
| [TXFlow](https://afterfees.xyz/venues/txflow) | ZEC-USDC | 0.0011% | 1 h | +10.0% | — | $2.3M | 2026-10-30 02:00 |
| [Paradex](https://afterfees.xyz/venues/paradex) | ZEC-USD-PERP | 0.0086% | 8 h | +9.4% | — | $207.2K | 2026-10-30 08:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | ZECUSDT | 0.0075% | 8 h | +8.2% | — | — | 2026-10-30 08:00 |
| [Binance](https://afterfees.xyz/venues/binance) | ZECUSDT | 0.0075% | 8 h | +8.2% | +4.2% | $520.4M | 2026-10-30 08:00 |
| [WOO X](https://afterfees.xyz/venues/woox) | PERP_ZEC_USDT | 0.0074% | 8 h | +8.1% | +4.2% | $13.2K | 2026-10-30 08:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | ZEC_USDT | 0.0074% | 8 h | +8.1% | +4.1% | $110.9M | 2026-10-30 08:00 |
| [Phoenix](https://afterfees.xyz/venues/phoenix) | ZEC | 0.0008% | 1 h | +7.3% | +0.8% | — | 2026-10-30 02:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | ZECUSDT | 0.0023% | 8 h | +2.5% | +4.2% | — | 2026-10-30 08:00 |
| [dYdX](https://afterfees.xyz/venues/dydx) | ZEC-USD | 0.0001% | 1 h | +0.7% | +2.5% | $242.9K | 2026-10-30 02:00 |
| [ApeX](https://afterfees.xyz/venues/apex) | ZEC-USDT | 0.0000% | 1 h | +0.4% | +8.8% | $663.4K | 2026-10-30 02:00 |
| [Lighter](https://afterfees.xyz/venues/lighter) | ZEC | 0.0000% | 1 h | 0.0% | +8.7% | $14.1M | 2026-10-30 02:00 |
| [Bitfinex](https://afterfees.xyz/venues/bitfinex) | tZECF0:USTF0 | -0.0461% | 8 h | −50.5% | — | $882.1K | 2026-10-30 08:00 |

## Borrow ZEC to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| OKX | 1.01% | — |
| Bitget | 2.58% | — |
| Binance | 15.45% | — |
| Gate | — | $0 |

## Cost to enter $10,000 of ZEC

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | ZEC_USDT | 0.5 bp | live order book |
| Lighter | ZEC | 2.7 bp | live order book |
| Lighter RH | ZEC | 3.7 bp | order-book snapshot, 14 min old |
| Hyperliquid | ZEC | 5.1 bp | order-book snapshot, 46 min old |
| BingX | ZEC-USDT | 5.5 bp | order-book snapshot, 50 min old |
| Extended | ZEC-USD | 5.6 bp | order-book snapshot, 18 min old |
| Aster | ZECUSDT | 5.7 bp | order-book snapshot, 31 min old |
| Nado | ZEC-PERP_USDT0 | 5.8 bp | order-book snapshot, 21 min old |
| Binance | ZECUSDT | 6.5 bp | live order book |
| OKX | ZEC-USDT-SWAP | 7.3 bp | order-book snapshot, 3 min old |
| BloFin | ZEC-USDT | 7.3 bp | order-book snapshot, 27 min old |
| GRVT | ZEC_USDT_Perp | 7.9 bp | order-book snapshot, 34 min old |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees._

## More on ZEC

- [Borrow ZEC: rates on every exchange](https://afterfees.xyz/borrow/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 +54.8% a year (0.0063% every 1 h); the lowest is Bitfinex at −50.5%. 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._