ZORA perpetual futures
ZORA perpetuals trade on 16 markets. 24h volume $15.56M, open interest $18.87M. Best funding APR +49.05% on hyperliquid. Cheapest $100k execution (24h median): 63.76 bps on bingx.
Funding rates by venue
Live funding rate, price, liquidity and the funding actually paid over the last 24 hours, 7 and 30 days for ZORA on every venue we track.
| Exchange | Symbol | Price | 24h volume | Open interest | Funding / interval | Funding APR | Paid 24h | Paid 7d | Paid 30d |
|---|---|---|---|---|---|---|---|---|---|
| bingx | ZORA-USDT | 0.00844 | $6.56M | $1.04M | 0.0035% | +7.66% | +0.0175% | +0.1224% | -4.4662% |
| binance | ZORAUSDT | 0.00843 | $3.97M | $2.49M | 0.0050% | +10.95% | +0.0300% | +0.1442% | -5.4224% |
| bybit | ZORAUSDT | 0.00841 | $1.64M | $1.16M | 0.0050% | +10.95% | +0.0300% | +0.1739% | -4.3988% |
| kucoin | ZORAUSDTM | 0.00842 | $1.23M | $774.7K | 0.0050% | +10.95% | +0.0300% | +0.1251% | -5.3965% |
| okx | ZORA-USDT-SWAP | 0.00842 | $988.9K | $767.8K | 0.0050% | +10.95% | +0.0300% | +0.1272% | -5.8795% |
| hyperliquid | ZORA | 0.00844 | $314.5K | $1.57M | 0.0056% | +49.05% | +0.0410% | +0.1953% | -3.5543% |
| mexc | ZORA_USDT | 0.00843 | $226.1K | $9.79M | 0.0050% | +10.95% | +0.0300% | +0.1442% | -5.4287% |
| bitget | ZORAUSDT | 0.00843 | $210.9K | $724.4K | 0.0050% | +10.95% | +0.0300% | +0.1869% | -4.6209% |
| extended_starknet | ZORA-USD | 0.00844 | $168.4K | $8.7K | 0.0013% | +11.39% | +0.0312% | +0.1659% | -5.8733% |
| backpack | ZORA_USDC_PERP | 0.00842 | $113.5K | $33.7K | 0.0013% | +10.95% | +0.0528% | +0.2868% | -6.2594% |
| gateio | ZORA_USDT | 0.00842 | $70.3K | $155.1K | 0.0050% | +10.95% | +0.0300% | +0.1633% | -5.2689% |
| asterdex | ZORAUSDT | 0.00843 | $26.4K | $52.5K | 0.0050% | +10.95% | +0.0300% | +0.1469% | -5.4741% |
| variational | ZORA | 0.00843 | $25.6K | $250.8K | 0.0050% | +10.95% | — | — | — |
| lighter | ZORA | 0.00841 | $11.2K | $42.8K | 0.0012% | +10.51% | +0.0288% | +0.1936% | -4.1994% |
| dydx | ZORA-USD | 0.00867 | $4.92 | $310.46 | 0.0000% | +0.00% | +0.0000% | +0.0000% | -0.8757% |
| gmx | ZORA/USD [WETH-USDC] | 0.00844 | $0.00 | $1.4K | 0.0023% | +20.05% | +0.0549% | +0.2613% | -2.5421% |
Funding spread across venues
Across 16 venues the funding APR on ZORA runs from +0.00% on dydx to +49.05% on hyperliquid. The gap between them is 49.05 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 -0.8757% of position size on dydx.
Liquidity
Across the venues listed above ZORA shows $15.56M of 24h volume and $18.87M of open interest. The deepest venue by 24h volume is bingx at $6.56M.
Execution cost
The cheapest venue to open a $100k position in ZORA, measured as the 24h median of the full cost including taker fee and slippage, is bingx at 63.76 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 ZORA means
A perpetual future on ZORA 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 ZORA on different schedules: 1h, 4h.
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 ZORA position earned or cost money.
Frequently asked questions
What is the funding rate on ZORA right now?
Across 16 venues the funding APR on ZORA runs from +0.00% on dydx to +49.05% on hyperliquid. The gap between them is 49.05 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 -0.8757% of position size on dydx.
Which venue has the most liquid ZORA perpetual?
Across the venues listed above ZORA shows $15.56M of 24h volume and $18.87M of open interest. The deepest venue by 24h volume is bingx at $6.56M.
How often is funding paid on ZORA?
Venues settle ZORA on different schedules: 1h, 4h.
Data generated at 2026-09-22T00:08:20Z. Live numbers load on this page automatically.