Which exchange has the highest ZM funding rate right now?

Bitunix shows the highest ZM funding at +50.99% annualized. A high positive rate means shorts get paid, so this is the venue to short ZM when running a funding-arbitrage pair. Rates change every settlement window — check the live screener for the current value.

Which exchange is best to long ZM for funding?

QFEX has the lowest ZM funding at -13.89% annualized, which makes the long leg cheapest (or paid). Pair it with the highest-funding venue to capture the spread delta-neutral.

What is the best ZM funding-arbitrage pair?

The widest spread is long QFEX / short Bitunix at about 64.9% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

How often does ZM funding settle?

ZM funding settles on different schedules by venue (1h, 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.

Is ZM funding positive or negative?

ZM funding is mixed across venues, ranging -13.89% to +50.99% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

What is the current ZM perpetual swap funding rate?

The current ZM perpetual swap funding rate ranges from -13.89% to +50.99% annualized depending on the exchange — QFEX is lowest and Bitunix is highest right now. There is no single ZM 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.

What is the aggregated ZM funding rate across exchanges?

Aggregated across the 18 venues ORBIT tracks, ZM funding currently spans -13.89% to +50.99% APR, a spread of 64.9 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.

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

Venues that settle ZM 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.

ZM Perpetual Swap Funding Rate by Exchange

Zoom

#386 by OI

View settled funding history →Backtest Best Pair →

Best Spread

64.9% APR

Long (Lowest)

QFEX

Short (Highest)

Bitunix

Mark Price

$91.26

Total OI

$12.4M

24h Volume

$7.7M

How ZM funding actually paid this week

Top pairs by funding actually paid over the last 7 days on a $10,000 position, after entry and exit costs — not the instant APR.

Over the last week no ZM long/short pair paid enough funding to cover its entry and exit costs.

Past 7 days, not a forecast. Costs = taker fees on both venues, in and out. Upcoming payouts →

Funding Rates by Exchange

Sort

BitunixBest Short

+50.99%

Interval

Open Interest

—

Mark Price

$91.27

WEEX

+49.09%

Interval

Open Interest

$10.2M

Mark Price

$91.26

Hotcoin

+47.90%

Interval

Open Interest

$89K

Mark Price

$91.19

LBank

+47.90%

Interval

Open Interest

—

Mark Price

$91.24

MEXC

+47.88%

Interval

Open Interest

$539K

Mark Price

$91.13

Toobit

+46.40%

Interval

Open Interest

$95K

Mark Price

$91.25

Variational

+35.04%

Interval

Open Interest

$72K

Mark Price

$91.2069

Crypto.com

+32.30%

Interval

Open Interest

$0K

Mark Price

$91.2

trade[XYZ]

+30.74%

Interval

Open Interest

$207K

Mark Price

$91.189

KuCoin

+8.66%

Interval

Open Interest

$77K

Mark Price

$91.02

Polymarket

+5.48%

Interval

Open Interest

$30K

Mark Price

$91.18

Bybit

+0.00%

Interval

Open Interest

$63K

Mark Price

$91.15

OKX

+0.00%

Interval

Open Interest

$169K

Mark Price

$91.33

Bitget

+0.00%

Interval

Open Interest

$181K

Mark Price

$91.23

Gate.io

+0.00%

Interval

Open Interest

$87K

Mark Price

$91.04

HTX

+0.00%

Interval

Open Interest

$6K

Mark Price

$91.425

Aster

+0.00%

Interval

Open Interest

$7K

Mark Price

$91.1984

QFEXBest Long

-13.89%

Interval

Open Interest

$564K

Mark Price

$91.5

Funding Rates by Exchange

Exchange	Funding APR↓	Interval	Open Interest↕	Mark Price↕
BitunixBest Short	+50.99%	8h	—	$91.27
WEEX	+49.09%	8h	$10.2M	$91.26
Hotcoin	+47.90%	8h	$89K	$91.19
LBank	+47.90%	8h	—	$91.24
MEXC	+47.88%	8h	$539K	$91.13
Toobit	+46.40%	8h	$95K	$91.25
Variational	+35.04%	8h	$72K	$91.2069
Crypto.com	+32.30%	1h	$0K	$91.2
trade[XYZ]	+30.74%	1h	$207K	$91.189
KuCoin	+8.66%	8h	$77K	$91.02
Polymarket	+5.48%	1h	$30K	$91.18
Bybit	+0.00%	8h	$63K	$91.15
OKX	+0.00%	8h	$169K	$91.33
Bitget	+0.00%	8h	$181K	$91.23
Gate.io	+0.00%	8h	$87K	$91.04
HTX	+0.00%	8h	$6K	$91.425
Aster	+0.00%	8h	$7K	$91.1984
QFEXBest Long	-13.89%	1h	$564K	$91.5

ZM Perpetual Swap Funding Rate by Exchange

Zoom

#386 by OI

View settled funding history →Backtest Best Pair →

Best Spread

64.9% APR

Long (Lowest)

QFEX

Short (Highest)

Bitunix

Mark Price

$91.26

Total OI

$12.4M

24h Volume

$7.7M

How ZM funding actually paid this week

Top pairs by funding actually paid over the last 7 days on a $10,000 position, after entry and exit costs — not the instant APR.

Over the last week no ZM long/short pair paid enough funding to cover its entry and exit costs.

Past 7 days, not a forecast. Costs = taker fees on both venues, in and out. Upcoming payouts →

Funding Rates by Exchange

Sort

BitunixBest Short

+50.99%

Interval

Open Interest

—

Mark Price

$91.27

WEEX

+49.09%

Interval

Open Interest

$10.2M

Mark Price

$91.26

Hotcoin

+47.90%

Interval

Open Interest

$89K

Mark Price

$91.19

LBank

+47.90%

Interval

Open Interest

—

Mark Price

$91.24

MEXC

+47.88%

Interval

Open Interest

$539K

Mark Price

$91.13

Toobit

+46.40%

Interval

Open Interest

$95K

Mark Price

$91.25

Variational

+35.04%

Interval

Open Interest

$72K

Mark Price

$91.2069

Crypto.com

+32.30%

Interval

Open Interest

$0K

Mark Price

$91.2

trade[XYZ]

+30.74%

Interval

Open Interest

$207K

Mark Price

$91.189

KuCoin

+8.66%

Interval

Open Interest

$77K

Mark Price

$91.02

Polymarket

+5.48%

Interval

Open Interest

$30K

Mark Price

$91.18

Bybit

+0.00%

Interval

Open Interest

$63K

Mark Price

$91.15

OKX

+0.00%

Interval

Open Interest

$169K

Mark Price

$91.33

Bitget

+0.00%

Interval

Open Interest

$181K

Mark Price

$91.23

Gate.io

+0.00%

Interval

Open Interest

$87K

Mark Price

$91.04

HTX

+0.00%

Interval

Open Interest

$6K

Mark Price

$91.425

Aster

+0.00%

Interval

Open Interest

$7K

Mark Price

$91.1984

QFEXBest Long

-13.89%

Interval

Open Interest

$564K

Mark Price

$91.5

Funding Rates by Exchange

Exchange	Funding APR↓	Interval	Open Interest↕	Mark Price↕
BitunixBest Short	+50.99%	8h	—	$91.27
WEEX	+49.09%	8h	$10.2M	$91.26
Hotcoin	+47.90%	8h	$89K	$91.19
LBank	+47.90%	8h	—	$91.24
MEXC	+47.88%	8h	$539K	$91.13
Toobit	+46.40%	8h	$95K	$91.25
Variational	+35.04%	8h	$72K	$91.2069
Crypto.com	+32.30%	1h	$0K	$91.2
trade[XYZ]	+30.74%	1h	$207K	$91.189
KuCoin	+8.66%	8h	$77K	$91.02
Polymarket	+5.48%	1h	$30K	$91.18
Bybit	+0.00%	8h	$63K	$91.15
OKX	+0.00%	8h	$169K	$91.33
Bitget	+0.00%	8h	$181K	$91.23
Gate.io	+0.00%	8h	$87K	$91.04
HTX	+0.00%	8h	$6K	$91.425
Aster	+0.00%	8h	$7K	$91.1984
QFEXBest Long	-13.89%	1h	$564K	$91.5

ZM funding rates explained

Funding data updated 04:13 UTC, 2026-10-01

ZM (Zoom) tokenized / RWA perpetual funding rates — also called perpetual swap funding rates — are aggregated live by exchange across 18 venues on ORBIT. Funding is the recurring payment exchanged between long and short traders that keeps a perpetual swap tethered to the spot price — when it is positive, longs pay shorts; when negative, shorts pay longs. Right now ZM funding ranges from -13.89% annualized on QFEX to +50.99% on Bitunix.

The widest cross-exchange funding spread for ZM is currently 64.9% APR. A delta-neutral funding trade captures this gap by going long on QFEX — where funding is lowest, so the long leg is paid or pays the least — and short on Bitunix, where funding is highest, so the short leg collects. Because the two legs are equal and opposite, the asset's price moves cancel out and what is left is the funding spread. ORBIT's backtester replays the real funding history of both legs and subtracts live taker fees and order-book slippage, so the result is net PnL, not a headline number.

ZM ranks #386 by open interest among tracked perpetual assets, total open interest across covered venues is $12.4M, 24h volume is $7.7M, the volume-weighted mark price is $91.26. Deeper liquidity means a funding spread can be traded at larger size with lower slippage — use the Min OI filter on the screener to surface only markets you can realistically enter and exit.

Frequently asked questions

Which exchange has the highest ZM funding rate right now?: Bitunix shows the highest ZM funding at +50.99% annualized. A high positive rate means shorts get paid, so this is the venue to short ZM when running a funding-arbitrage pair. Rates change every settlement window — check the live screener for the current value.
Which exchange is best to long ZM for funding?: QFEX has the lowest ZM funding at -13.89% annualized, which makes the long leg cheapest (or paid). Pair it with the highest-funding venue to capture the spread delta-neutral.
What is the best ZM funding-arbitrage pair?