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0x Protocol (ZRX) Funding Rate History

0x Protocol (ZRX) perpetual futures funding ranges from -9.80 bps on KUCOIN to 1.00 bps on PHEMEX across 11 reporting venues, a spread of 10.80 bps. The most extreme rate (-107.31% APY annualized) is on KUCOIN. Currently funding signs are mixed: 1 positive, 10 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 ZRX price.

ZRX Per-Exchange Funding Rates

ExchangeCurrent Funding (bps)Funding APY7-Day Avg Funding (bps)24h Volume
KUCOIN-9.80 bps-107.31% APY-6.20 bps$47.36K
OKX-6.20 bps-67.89% APY-2.00 bps$434.43K
BYBIT-4.90 bps-53.66% APY-2.00 bps$174.34K
BITGET-4.80 bps-52.56% APY-2.40 bps$65.33K
VARIATIONAL-4.80 bps-52.56% APY-1.80 bps$805.53
GATEIO-4.60 bps-50.37% APY-1.60 bps$41.83K
MEXC-3.70 bps-40.52% APY-1.30 bps$144.54K
BINANCE-3.50 bps-38.32% APY-1.20 bps$1.30M
BINGX-2.70 bps-29.57% APY-0.10 bps$1.98M
PHEMEX1.00 bps10.95% APY1.00 bps$68.47K
CRYPTOCOM-0.50 bps-5.47% APY6.50 bps$48.61

Last updated 2026-05-31T19:48:22.889609Z (UTC).

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