ZEC (Zcash) perpetual futures

ZEC (Zcash) perpetuals trade on 46 markets. 24h volume $6.72B, open interest $2.67B. Best funding APR +85.09% on aftermath. Cheapest $100k execution (24h median): 0.18 bps on mexc.

Funding rates by venue

Live funding rate, price, liquidity and the funding actually paid over the last 24 hours, 7 and 30 days for ZEC (Zcash) on every venue we track.

Funding spread across venues

Across 42 venues the funding APR on ZEC (Zcash) runs from -21.02% on ondo to +85.09% on aftermath. The gap between them is 106.12 percentage points a year: that is what a delta-neutral position would collect before fees, holding long on the venue that pays and short on the venue that charges. Over the last 30 days the largest amount actually settled was +6.1597% of position size on gains.

Funding history over 30 days

Over the last 30 days we recorded 31993 funding settlements for ZEC (Zcash) across 41 venues. The rate was positive in 86% of them, meaning longs paid shorts that often. The average annualised rate over the window was +34.03%. Summed over the window, gains paid the most at +6.1541% of position size and hotstuff the least at -13.3588%.

Liquidity

Across the venues listed above ZEC (Zcash) shows $6.72B of 24h volume and $2.67B of open interest. The deepest venue by 24h volume is binance at $2.44B.

Execution cost

The cheapest venue to open a $100k position in ZEC (Zcash), measured as the 24h median of the full cost including taker fee and slippage, is mexc at 0.18 bps. Funding only pays off once the cost of getting in and out is covered, so this number belongs next to the APR above.

What the funding rate on ZEC (Zcash) means

A perpetual future on ZEC (Zcash) has no expiry, so venues use a funding payment to keep its price tied to spot. When the perp trades above spot, longs pay shorts; when it trades below, shorts pay longs. The rate shown per venue is the share of position size paid at each settlement, and the APR is that share annualised over the venue's own interval. Venues settle ZEC (Zcash) on different schedules: 0.7166666666666667h, 1h, 4h, 8h.

Because every venue computes its own rate from its own order book, the same asset can pay very differently in the same hour. The "paid" columns show what was actually settled rather than what is quoted now, which is the honest way to judge whether a ZEC (Zcash) position earned or cost money.

Frequently asked questions

What is the funding rate on ZEC (Zcash) right now?

Across 42 venues the funding APR on ZEC (Zcash) runs from -21.02% on ondo to +85.09% on aftermath. The gap between them is 106.12 percentage points a year: that is what a delta-neutral position would collect before fees, holding long on the venue that pays and short on the venue that charges. Over the last 30 days the largest amount actually settled was +6.1597% of position size on gains.

Which venue has the most liquid ZEC (Zcash) perpetual?

Across the venues listed above ZEC (Zcash) shows $6.72B of 24h volume and $2.67B of open interest. The deepest venue by 24h volume is binance at $2.44B.

How often is funding paid on ZEC (Zcash)?

Venues settle ZEC (Zcash) on different schedules: 0.7166666666666667h, 1h, 4h, 8h.

Has funding on ZEC (Zcash) been paid consistently?

Over the last 30 days we recorded 31993 funding settlements for ZEC (Zcash) across 41 venues. The rate was positive in 86% of them, meaning longs paid shorts that often. The average annualised rate over the window was +34.03%. Summed over the window, gains paid the most at +6.1541% of position size and hotstuff the least at -13.3588%.

Funding history over 30 days

Data generated at 2026-09-22T00:08:19Z. Live numbers load on this page automatically.