# ZEC funding rate history — settled payments by exchange

Source: https://orbitperpscreener.com/markets/asset/ZEC/funding · window: last 30 days · generated 2026-11-14T10:53 UTC

What ZEC (Zcash) actually paid over the last 30 days: 12,806 settlements across 37 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. Backpack paid the most over the window at +2.3713% 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 84% of the 12,806 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +2.3713% on Backpack to -0.5188% on Polymarket — 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.

| Exchange | Settlements | Total paid | Average APR | Largest | Smallest | Last settled |
|---|---:|---:|---:|---:|---:|---|
| Backpack | 720 | +2.3713% | +28.87% | +0.0141% | -0.0075% | 2026-11-14 10:00 UTC |
| PopDEX | 720 | +1.7454% | +21.25% | +0.0938% | -0.0135% | 2026-11-14 10:00 UTC |
| Aftermath | 720 | +1.7086% | +20.80% | +0.1649% | -0.0136% | 2026-11-14 10:00 UTC |
| Phemex | 90 | +1.4713% | +17.91% | +0.3454% | -0.0120% | 2026-11-14 08:00 UTC |
| BloFin | 90 | +1.4148% | +17.23% | +0.0400% | -0.0200% | 2026-11-14 08:00 UTC |
| Meridian | 718 | +1.2164% | +14.85% | +0.0123% | -0.0228% | 2026-11-14 10:00 UTC |
| Ondo | 720 | +1.1413% | +13.90% | +0.0088% | +0.0000% | 2026-11-14 10:00 UTC |
| Decibel | 655 | +1.0150% | +13.58% | +0.0092% | -0.0004% | 2026-11-14 10:00 UTC |
| grvt | 90 | +0.9190% | +11.19% | +0.0290% | +0.0100% | 2026-11-14 08:00 UTC |
| Hyperliquid | 720 | +0.9026% | +10.99% | +0.0061% | -0.0029% | 2026-11-14 10:00 UTC |
| Katana Perps | 90 | +0.8949% | +10.90% | +0.0107% | +0.0088% | 2026-11-14 08:00 UTC |
| BingX | 90 | +0.8932% | +10.88% | +0.0879% | -0.0254% | 2026-11-14 08:00 UTC |
| edgeX V2 | 180 | +0.8899% | +10.83% | +0.0050% | -0.0051% | 2026-11-14 08:00 UTC |
| Arcus | 720 | +0.8545% | +10.40% | +0.0055% | -0.0021% | 2026-11-14 10:00 UTC |
| Aster | 90 | +0.8417% | +10.25% | +0.0697% | -0.0107% | 2026-11-14 08:00 UTC |
| Lighter Robinhood | 720 | +0.8387% | +10.21% | +0.0048% | -0.0063% | 2026-11-14 10:00 UTC |
| HTX | 90 | +0.7928% | +9.65% | +0.0456% | -0.1046% | 2026-11-14 08:00 UTC |
| Extended | 720 | +0.7792% | +9.49% | +0.0022% | -0.0042% | 2026-11-14 10:00 UTC |
| OKX | 90 | +0.7723% | +9.40% | +0.0936% | -0.0276% | 2026-11-14 08:00 UTC |
| Gate.io | 90 | +0.7629% | +9.29% | +0.0909% | -0.0118% | 2026-11-14 08:00 UTC |
| Paradex | 93 | +0.7578% | +8.93% | +0.0101% | -0.0051% | 2026-11-14 08:00 UTC |
| Bybit | 90 | +0.7526% | +9.16% | +0.0100% | -0.0105% | 2026-11-14 08:00 UTC |
| KuCoin | 90 | +0.7060% | +8.60% | +0.0630% | -0.0200% | 2026-11-14 08:00 UTC |
| Hotcoin | 90 | +0.5807% | +7.07% | +0.0250% | -0.0150% | 2026-11-14 08:00 UTC |
| Pionex | 90 | +0.5662% | +6.89% | +0.0180% | -0.0103% | 2026-11-14 08:00 UTC |
| Binance Futures | 90 | +0.5294% | +6.45% | +0.0193% | -0.0088% | 2026-11-14 08:00 UTC |
| WEEX | 90 | +0.5292% | +6.44% | +0.0189% | -0.0088% | 2026-11-14 08:00 UTC |
| Toobit | 90 | +0.5292% | +6.44% | +0.0189% | -0.0088% | 2026-11-14 08:00 UTC |
| Bitunix | 90 | +0.5280% | +6.43% | +0.0160% | -0.0095% | 2026-11-14 08:00 UTC |
| MEXC | 90 | +0.5279% | +6.43% | +0.0186% | -0.0089% | 2026-11-14 08:00 UTC |
| Pacifica | 720 | +0.4667% | +5.68% | +0.0013% | -0.0088% | 2026-11-14 10:00 UTC |
| Bitget | 90 | +0.4526% | +5.51% | +0.0565% | -0.0268% | 2026-11-14 08:00 UTC |
| Phoenix | 720 | +0.4162% | +5.07% | +0.0028% | -0.0010% | 2026-11-14 10:00 UTC |
| ApeX | 720 | +0.3387% | +4.12% | +0.0013% | -0.0134% | 2026-11-14 10:00 UTC |
| dYdX | 720 | +0.2432% | +2.96% | +0.0108% | +0.0000% | 2026-11-14 10:00 UTC |
| WOOFi Pro | 90 | -0.3215% | -3.91% | +0.0100% | -0.0200% | 2026-11-14 08:00 UTC |
| Polymarket | 720 | -0.5188% | -6.32% | +0.0013% | -0.0063% | 2026-11-14 10:00 UTC |

## FAQ

### Is the ZEC 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 84% of the 12,806 settlements recorded here.

### Which exchange has paid the most settled ZEC funding recently?

Backpack paid the most over the last 30 days at +2.3713% of position size across 720 settlements, an average annualized rate of +28.87%. This is a sum of actual payments, not a forecast.

### How often is ZEC funding actually paid?

Over the last 30 days, ORBIT recorded 12,806 funding settlements for ZEC across 37 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.

### What is the widest settled ZEC funding spread between venues?

Over the last 30 days, settled totals ranged from +2.3713% on Backpack to -0.5188% on Polymarket. That gap is what a position holding both legs — long on the venue that paid least, short on the one that paid most — would have collected before fees and slippage. Check the current spread on the live screener, since settled history describes the past, not the next payment.

Live rates: https://orbitperpscreener.com/markets/asset/ZEC · Screener: https://orbitperpscreener.com/screener