ZORA Funding Rate History — Settled Payments by Exchange
Zora
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 dYdX | 720 | -0.8755% | -10.66% | +0.0000% | -0.2392% | 2026-09-23 18:00 UTC |
 Hyperliquid | 720 | -3.5161% | -42.81% | +0.0078% | -0.5359% | 2026-09-23 18:00 UTC |
 BingX | 180 | -4.3897% | -53.44% | +0.0050% | -1.2324% | 2026-09-23 16:00 UTC |
 Bybit | 180 | -4.3988% | -53.56% | +0.0050% | -1.3108% | 2026-09-23 16:00 UTC |
 Toobit | 180 | -4.4082% | -53.67% | +0.0050% | -1.1754% | 2026-09-23 16:00 UTC |
 Bitget | 180 | -4.6040% | -56.05% | +0.0050% | -1.1791% | 2026-09-23 16:00 UTC |
 Gate.io | 180 | -5.2511% | -63.93% | +0.0050% | -1.1442% | 2026-09-23 16:00 UTC |
 KuCoin | 180 | -5.3121% | -64.67% | +0.0068% | -1.1414% | 2026-09-23 16:00 UTC |
 Binance Futures | 180 | -5.3550% | -65.20% | +0.0050% | -1.1597% | 2026-09-23 16:00 UTC |
 MEXC | 180 | -5.3625% | -65.29% | +0.0050% | -1.1760% | 2026-09-23 16:00 UTC |
 Hotcoin | 180 | -5.3675% | -65.35% | +0.0050% | -1.1761% | 2026-09-23 16:00 UTC |
 WEEX | 180 | -5.3714% | -65.40% | +0.0050% | -1.1760% | 2026-09-23 16:00 UTC |
 Aster | 180 | -5.3719% | -65.40% | +0.0050% | -1.1436% | 2026-09-23 16:00 UTC |
 Bitunix | 180 | -5.3924% | -65.65% | +0.0050% | -1.2711% | 2026-09-23 16:00 UTC |
 Pionex | 180 | -5.4157% | -65.94% | +0.0050% | -1.2261% | 2026-09-23 16:00 UTC |
 Extended | 720 | -5.7835% | -70.41% | +0.0013% | -0.4880% | 2026-09-23 18:00 UTC |
 OKX | 186 | -5.8326% | -68.72% | +0.0050% | -1.0000% | 2026-09-23 16:00 UTC |
 Backpack | 720 | -5.8730% | -71.50% | +0.0122% | -0.5298% | 2026-09-23 18:00 UTC |
What the ZORA funding rate means
What ZORA (Zora) actually paid over the last 30 days: 5,406 settlements across 18 venues, broken down venue by venue. These are settled payments — the amount an exchange actually charged or credited each funding interval — not the rate currently quoted for the next payment. dYdX paid the most over the window at -0.8755% of position size.
A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 52% of the 5,406 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from -0.8755% on dYdX to -5.8730% on Backpack — the gap between them is what a delta-neutral position collecting on both legs would have captured before fees and slippage. Verify the live version of this spread on the ORBIT funding screener before sizing a trade: settled history shows what already happened, not what will happen next.
Frequently asked questions
- Is the ZORA funding rate a live quote or an actual payment?
- A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 52% of the 5,406 settlements recorded here.
- Which exchange has paid the most settled ZORA funding recently?
- dYdX paid the most over the last 30 days at -0.8755% of position size across 720 settlements, an average annualized rate of -10.66%. This is a sum of actual payments, not a forecast.
- How often is ZORA funding actually paid?
- Over the last 30 days, ORBIT recorded 5,406 funding settlements for ZORA across 18 venues. Settlement schedules differ by venue — some pay hourly, others every 4 or 8 hours — so the number of payments per venue in the table above is not the same for all of them.