Question 1

Which exchange has the highest ZBT funding rate right now?

Accepted Answer

OKX shows the highest ZBT funding at +91.97% annualized. A high positive rate means shorts get paid, so this is the venue to short ZBT when running a funding-arbitrage pair. Rates change every settlement window — check the live screener for the current value.

Question 2

Which exchange is best to long ZBT for funding?

Accepted Answer

BloFin has the lowest ZBT funding at +7.16% annualized, which makes the long leg cheapest (or paid). Pair it with the highest-funding venue to capture the spread delta-neutral.

Question 3

What is the best ZBT funding-arbitrage pair?

Accepted Answer

The widest spread is long BloFin / short OKX at about 84.8% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does ZBT funding settle?

Accepted Answer

ZBT funding settles on different schedules by venue (1h, 4h, 8h). Longer intervals concentrate the same annualized rate into fewer, larger payments. ORBIT normalizes every venue to a common APR so they are directly comparable.

Question 5

Is ZBT funding positive or negative?

Accepted Answer

ZBT funding is currently positive across venues (longs pay shorts), ranging +7.16% to +91.97% APR.

Question 6

What is the current ZBT perpetual swap funding rate?

Accepted Answer

The current ZBT perpetual swap funding rate ranges from +7.16% to +91.97% annualized depending on the exchange — BloFin is lowest and OKX is highest right now. There is no single ZBT funding rate: every venue runs its own funding formula and order book, which is why the rate has to be read by exchange rather than as one number.

Question 7

What is the aggregated ZBT funding rate across exchanges?

Accepted Answer

Aggregated across the 17 venues ORBIT tracks, ZBT funding currently spans +7.16% to +91.97% APR, a spread of 84.8 percentage points. An aggregated average hides the part that matters for trading — the gap between the cheapest and dearest venue — so the table above lists each exchange separately.

Question 8

How do I read the ZBT 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle ZBT every 8 hours quote the per-payment rate, which is charged three times a day. Multiply an 8h rate by 3 to get the daily figure and by 1,095 to annualize it. ORBIT converts every venue — 1h, 4h and 8h alike — to a common APR so an 8h rate and a 1h rate can be compared directly.

Exchange	Funding APR↓	Interval	Open Interest↕	Mark Price↕
OKXBest Short	+91.97%	4h	$517K	$0.0879
BingX	+91.17%	4h	$1.0M	$0.0876
Gate.io	+51.72%	8h	$301K	$0.0876
Extended	+11.40%	1h	$2K	$0.0875
Binance Futures	+10.96%	4h	$3.1M	$0.0874
Bybit	+10.96%	4h	$991K	$0.0877
Bitget	+10.96%	4h	$6.3M	$0.0877
KuCoin	+10.96%	4h	$848K	$0.0876
MEXC	+10.96%	4h	$1.2M	$0.0875
Aster	+10.96%	4h	$10K	$0.0876
Variational	+10.96%	4h	$1K	$0.0875
Toobit	+10.96%	4h	$108K	$0.0875
Bitunix	+10.96%	4h	—	$0.0875
WEEX	+10.96%	4h	$2.7M	$0.0876
Pionex	+10.96%	4h	$15K	$0.0875
LBank	+10.96%	4h	—	$0.0876
BloFinBest Long	+7.16%	4h	$149K	$0.0874

ZBT Perpetual Swap Funding Rate by Exchange

How ZBT funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

ZBT funding rates explained

Frequently asked questions