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NZD Funding Rate History

NZD perpetual futures funding ranges from -0.40 bps on BINGX to 0.30 bps on VEST across 3 reporting venues, a spread of 0.70 bps. The most extreme rate (-4.38% APY annualized) is on BINGX. Currently funding signs are mixed: 2 positive, 1 negative.

A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on NZD price.

NZD Per-Exchange Funding Rates

ExchangeCurrent Funding (bps)Funding APY7-Day Avg Funding (bps)24h Volume
BINGX-0.40 bps-4.38% APY-0.10 bps$2.60M
VEST0.30 bps3.28% APY0.30 bps$1.75
HIBACHI0.20 bps2.19% APY0.30 bps$35.34K

Last updated 2026-07-16T16:36:16Z (UTC).

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