ZM funding rates
ZM perpetual funding across 6 venues. Rates are annualized (APR); positive means longs pay shorts.
· refreshed every 5 min
- Best pair · 7d
- 10.8%long Bitget, short Variational · net 7.6%
- Highest funding now
- 142%PmPolymarket
- Lowest funding now
- 0.0%AsAster
- Listed on
- 6 venues
Funding by venue
| 7d chart | Flags | Open | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PmPolymarket | ZM-USD | 142% | 60.0% | 14.1% | 19.0% | 6.5% | 76% | 1h | 08:00 | 98.00 | $46k | $149k | TradFi | PmPolymarket | |
| AsAster | ZMUSDT | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0% | 8h | 08:00 | 97.83 | $9k | $209 | TradFi | AsAster | |
| VaVariational | ZM | 0.0% | −2.5% | 10.3% | 6.3% | 12.4% | 17% | 8h | — | 97.84 | $68k | $6k | TradFi | VaVariational | |
| ByBybitCEX | ZMUSDT | 0.0% | −5.2% | 0.4% | 0.0% | 1.3% | 5% | 8h | 08:00 | 97.90 | $41k | $604k | TradFi | ByBybit | |
| BgBitgetCEX | ZMUSDT | 0.0% | 0.0% | −0.5% | 0.2% | −0.5% | 5% | 8h | 08:00 | 97.93 | $17k | $55k | TradFi | BgBitget | |
| GtGateCEX | ZM_USDT | 0.0% | 0.0% | 0.0% | −2.2% | 0.0% | 0% | 8h | 08:00 | 97.82 | $151k | $172k | TradFi | GtGate |
Sparklines: hourly funding APR over the last 7 days, zero line dashed.
Long/short pairs
| Spread APR | After taker fees | Quality | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7d trend | Flags | Open | Calc | |||||||||||
| GtGateCEX | VaVariational | 0.0% | −2.5% | 10.3% | 8.5% | 6.4% | 9.6% | 5.3d | cooling | $68k | TradFispread not incl. | GtVa | calc | |
| AsAster | VaVariational | 0.0% | −2.5% | 10.3% | 6.3% | 8.2% | 12.3% | 2.8d | cooling | $9k | low OITradFispread not incl. | AsVa | calc | |
| BgBitgetCEX | VaVariational | 0.0% | −2.5% | 10.8% | 6.1% | 7.6% | 11.5% | 4.1d | cooling | $17k | low OITradFispread not incl. | BgVa | calc | |
| ByBybitCEX | VaVariational | 0.0% | 2.7% | 10.0% | 6.4% | 7.1% | 10.6% | 4.0d | cooling | $41k | low OITradFispread not incl. | ByVa | calc | |
| AsAster | PmPolymarket | 142% | 60.0% | 14.1% | 19.0% | 9.9% | 14.9% | 4.1d | spike ×9.3 | $9k | low OI8h/1hTradFiinvite only | AsPm | calc | |
| BgBitgetCEX | PmPolymarket | 142% | 60.0% | 14.6% | 18.8% | 9.4% | 14.0% | 5.0d | spike ×8.6 | $17k | low OI8h/1hTradFiinvite only | BgPm | calc | |
| ByBybitCEX | PmPolymarket | 142% | 65.2% | 13.8% | 19.0% | 8.8% | 13.2% | 5.0d | spike ×12.6 | $41k | low OI8h/1hTradFiinvite only | ByPm | calc | |
| GtGateCEX | PmPolymarket | 142% | 60.0% | 14.1% | 21.2% | 8.1% | 12.2% | 5.9d | spike ×9.3 | $46k | low OI8h/1hTradFiinvite only | GtPm | calc | |
| VaVariational | PmPolymarket | 142% | 62.5% | 3.8% | 12.7% | 1.7% | 2.6% | 7.7d | spike | $46k | low OI8h/1hTradFiinvite onlyspread not incl. | VaPm | calc | |
| AsAster | ByBybitCEX | 0.0% | −5.2% | 0.4% | 0.0% | −4.6% | −6.9% | 196d | weak | $9k | low OITradFi | AsBy | calc | |
| BgBitgetCEX | AsAster | 0.0% | 0.0% | 0.5% | −0.2% | −4.8% | −7.1% | 161d | weak | $9k | low OITradFi | BgAs | calc | |
| BgBitgetCEX | ByBybitCEX | 0.0% | −5.2% | 0.8% | −0.2% | −5.2% | −7.8% | 104d | weak | $17k | low OITradFi | BgBy | calc | |
| GtGateCEX | ByBybitCEX | 0.0% | −5.2% | 0.4% | 2.1% | −6.4% | −9.6% | 269d | weak | $41k | low OITradFi | GtBy | calc | |
| BgBitgetCEX | GtGateCEX | 0.0% | 0.0% | 0.5% | −2.4% | −6.6% | −9.9% | 217d | weak | $17k | low OITradFi | BgGt | calc | |
What the columns and badges mean
- now
- Current funding spread APR: short-leg rate minus long-leg rate, annualized.
- 24h
- Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d
- Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
- 30d
- Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d trend
- Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
- Net APR
- 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
- On capital
- Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
- Breakeven
- Days of 7d-average funding needed to pay back open+close taker fees.
- Min OI
- Smaller open interest of the two legs, USD.
- steady
- Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
- spike
- The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
- mixed
- The spread was negative too often: not negative in only X% of hours over 7 days.
- new
- New: less than a week of shared history, or under 4 days of it in the prior week: stability cannot be judged yet, and the score is lowered.
- weak
- Prior-week spread under 5% APR: too small to call steady.
- cooling
- The prior week was solid, but the last 24h or the current spread is not positive.
- incomplete
- Incomplete history (a gap in a venue's data): N of the last 168 hours on both venues. Never steady, ranked lower.
- ≠ asset?
- Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
- stale
- At least one leg has not updated for over 30 minutes.
- low OI
- Open interest under $50k on at least one leg — size carefully.
- 8h/1h
- Funding intervals differ (8h vs 1h): payments are not simultaneous.
- TradFi
- Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
- invite only
- Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
- spread not incl.
- A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
- CEX
- Centralized exchange: trading needs an account with identity verification (KYC).
Prices now
Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.Quotes as of 07:16:25 UTC
ZM · TradFi
No two venues give a usable spread right now. 24h max: 0.198%.
| Buy ↓ · Sell → | PmPolymarket97.99 | ByBybit97.8251 | BnBinance97.8051 | BgBitget97.7851 | GtGate97.7052 | VaVariational97.7002 | MxMEXC97.6952 | AsAster97.5154 |
|---|---|---|---|---|---|---|---|---|
| GtGate97.7951 | 0.199% | 0.031% | 0.010% | −0.010% | −0.092% | −0.097% | −0.102% | −0.286% |
| BnBinance97.8251 | 0.168% | 0.000% | −0.020% | −0.041% | −0.123% | −0.128% | −0.133% | −0.317% |
| MxMEXC97.8251 | 0.168% | 0.000% | −0.020% | −0.041% | −0.123% | −0.128% | −0.133% | −0.317% |
| BgBitget97.835 | 0.158% | −0.010% | −0.031% | −0.051% | −0.133% | −0.138% | −0.143% | −0.327% |
| ByBybit97.875 | 0.117% | −0.051% | −0.071% | −0.092% | −0.174% | −0.179% | −0.184% | −0.368% |
| VaVariational97.8854 | 0.107% | −0.062% | −0.082% | −0.103% | −0.184% | −0.189% | −0.194% | −0.379% |
| PmPolymarket98.01 | −0.020% | −0.189% | −0.209% | −0.230% | −0.311% | −0.317% | −0.322% | −0.506% |
| AsAster98.4044 | −0.422% | −0.590% | −0.611% | −0.631% | −0.713% | −0.718% | −0.723% | −0.907% |
All quotes (8)
| Venue | Bid | Ask | Source | Age | Vol 24h | Flags |
|---|---|---|---|---|---|---|
| AsAster | 97.5154 | 98.4044 | book | 22s | $209 | closed |
| BnBinanceCEX | 97.8051 | 97.8251 | book | 23s | $663k | closed |
| BgBitgetCEX | 97.7851 | 97.835 | book | 23s | $55k | closed |
| ByBybitCEX | 97.8251 | 97.875 | book | 23s | $604k | closed |
| GtGateCEX | 97.7052 | 97.7951 | book | 24s | $172k | closed |
| MxMEXCCEX | 97.6952 | 97.8251 | book | 26s | $296k | closedno size |
| PmPolymarket | 97.99 | 98.01 | book | 23s | $149k | closed |
| VaVariational | 97.7002 | 97.8854 | book | 67s | $6k | closedRFQ |
All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.
↗ buttons open the exchange; some are referral links and we may earn a commission at no extra cost to you.