ZM Funding Rate History
ZM perpetual futures funding ranges from -6.50 bps on KUCOIN to 8.70 bps on CRYPTOCOM across 14 reporting venues, a spread of 15.20 bps. The most extreme rate (95.26% APY annualized) is on CRYPTOCOM. Currently funding signs are mixed: 4 positive, 4 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 ZM price.
ZM Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| CRYPTOCOM | 8.70 bps | 95.26% APY | 13.40 bps | $149.18 |
| KUCOIN | -6.50 bps | -71.17% APY | 1.20 bps | $1.10M |
| BYBIT | -2.50 bps | -27.38% APY | 4.10 bps | $151.91K |
| TRADEXYZ | -1.20 bps | -13.14% APY | -0.30 bps | $230.82K |
| GATEIO | 1.00 bps | 10.95% APY | 1.00 bps | $260.55K |
| BINGX | 1.00 bps | 10.95% APY | 1.60 bps | $0 |
| QFEX | -0.80 bps | -8.76% APY | 0.30 bps | $6.43K |
| VEST | 0.50 bps | 5.47% APY | 0.50 bps | $0 |
| ASTER | 0.00 bps | 0.00% APY | 0.70 bps | $2.13M |
| BINANCE | 0.00 bps | 0.00% APY | 0.70 bps | $1.46M |
| OKX | 0.00 bps | 0.00% APY | 0.10 bps | $113.54K |
| VARIATIONAL | 0.00 bps | 0.00% APY | n/a | $87.06K |
| PHEMEX | 0.00 bps | 0.00% APY | n/a | $84.44K |
| HUOBI | 0.00 bps | 0.00% APY | 0.20 bps | $4.37K |
Last updated 2026-08-05T23:32:34Z (UTC).
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Related: ZM open interest, ZM volume, ZM perp market data.