ZEC 永续合约资金费率 — 各交易所对比
Zcash
Funding Rates by Exchange
+200.14%
Interval
1h
Open Interest
—
Mark Price
$783.0385
+28.23%
Interval
1h
Open Interest
$1.3M
Mark Price
$1,492.165
+28.05%
Interval
1h
Open Interest
$10K
Mark Price
$1,493.52
+20.16%
Interval
1h
Open Interest
$1.6M
Mark Price
$1,493.83
+14.24%
Interval
8h
Open Interest
$104K
Mark Price
$1,492.11
+11.40%
Interval
1h
Open Interest
$2.4M
Mark Price
$1,492.1773
+10.96%
Interval
8h
Open Interest
$668.4M
Mark Price
$1,492.1484
+10.96%
Interval
8h
Open Interest
$161.3M
Mark Price
$1,492.26
+10.96%
Interval
1h
Open Interest
$722.6M
Mark Price
$1,492.4
+10.96%
Interval
8h
Open Interest
$123.4M
Mark Price
$1,492.14
+10.96%
Interval
8h
Open Interest
$163.7M
Mark Price
$1,494.48
+10.96%
Interval
8h
Open Interest
$110.8M
Mark Price
$1,493.47
+10.96%
Interval
8h
Open Interest
$2.4M
Mark Price
$1,493.925
+10.96%
Interval
8h
Open Interest
$100.1M
Mark Price
$1,491.81
+10.96%
Interval
8h
Open Interest
$180.3M
Mark Price
$1,492.18
+10.96%
Interval
8h
Open Interest
$15.7M
Mark Price
$1,492.09
+10.96%
Interval
1h
Open Interest
$3.6M
Mark Price
$1,493.05
+10.96%
Interval
8h
Open Interest
$3.1M
Mark Price
$1,492.4699
+10.96%
Interval
1h
Open Interest
$2.6M
Mark Price
$1,492.6914
+10.96%
Interval
1h
Open Interest
$52K
Mark Price
$1,491.79
+10.96%
Interval
8h
Open Interest
$43.8M
Mark Price
$1,489.94
+10.96%
Interval
4h
Open Interest
$663K
Mark Price
$1,491.501
+10.96%
Interval
1h
Open Interest
$423K
Mark Price
$1,492.1
+10.96%
Interval
1h
Open Interest
$213K
Mark Price
$1,492.34
+10.96%
Interval
8h
Open Interest
$7.4M
Mark Price
$1,490.9643
+10.96%
Interval
8h
Open Interest
$1.5M
Mark Price
$1,492.05
+10.96%
Interval
1h
Open Interest
$42K
Mark Price
$1,492.1056
+10.96%
Interval
8h
Open Interest
$368.5M
Mark Price
$1,490.61
+10.96%
Interval
8h
Open Interest
$8.8M
Mark Price
$1,492.04
+10.96%
Interval
8h
Open Interest
—
Mark Price
$1,492.21
+10.96%
Interval
8h
Open Interest
—
Mark Price
$1,491.54
+10.96%
Interval
1h
Open Interest
$6.8M
Mark Price
$1,492.04
+10.96%
Interval
1h
Open Interest
$579K
Mark Price
$1,493.079
+10.96%
Interval
1h
Open Interest
$458K
Mark Price
$1,492
+10.96%
Interval
1h
Open Interest
$282K
Mark Price
$1,494.857
+10.96%
Interval
1h
Open Interest
$158K
Mark Price
$1,492.4
+10.96%
Interval
1h
Open Interest
$722.6M
Mark Price
$1,492.4
+10.96%
Interval
1h
Open Interest
$722.6M
Mark Price
$1,492.4
+10.85%
Interval
8h
Open Interest
$247.7M
Mark Price
$1,491.78
+10.58%
Interval
8h
Open Interest
$86K
Mark Price
$1,492.3615
+10.52%
Interval
1h
Open Interest
$19.2M
Mark Price
$1,493.311
+10.36%
Interval
1h
Open Interest
$4.7M
Mark Price
$1,497.2
+2.93%
Interval
8h
Open Interest
$376K
Mark Price
$1,492.41
+0.00%
Interval
1h
Open Interest
$412K
Mark Price
$1,492.3774
-12.85%
Interval
1h
Open Interest
$2.0M
Mark Price
$1,491.415
-20.89%
Interval
8h
Open Interest
$31.0M
Mark Price
$1,492.3
-48.93%
Interval
1h
Open Interest
$77K
Mark Price
$1,489.61
-80.09%
Interval
1h
Open Interest
$672K
Mark Price
$1,493.13
Funding Rates by Exchange
| Exchange | Funding APR↓ | Interval | Open Interest↕ | Mark Price↕ |
|---|---|---|---|---|
| +200.14% | 1h | — | $783.0385 | |
 RiseXBest Short | +28.23% | 1h | $1.3M | $1,492.165 |
 N1 | +28.05% | 1h | $10K | $1,493.52 |
 Lighter Robinhood | +20.16% | 1h | $1.6M | $1,493.83 |
 Hotcoin | +14.24% | 8h | $104K | $1,492.11 |
 Extended | +11.40% | 1h | $2.4M | $1,492.1773 |
 Binance Futures | +10.96% | 8h | $668.4M | $1,492.1484 |
 OKX | +10.96% | 8h | $161.3M | $1,492.26 |
 Hyperliquid | +10.96% | 1h | $722.6M | $1,492.4 |
 BingX | +10.96% | 8h | $123.4M | $1,492.14 |
 Bitget | +10.96% | 8h | $163.7M | $1,494.48 |
 Gate.io | +10.96% | 8h | $110.8M | $1,493.47 |
 HTX | +10.96% | 8h | $2.4M | $1,493.925 |
 KuCoin | +10.96% | 8h | $100.1M | $1,491.81 |
 MEXC | +10.96% | 8h | $180.3M | $1,492.18 |
 Aster | +10.96% | 8h | $15.7M | $1,492.09 |
 Backpack | +10.96% | 1h | $3.6M | $1,493.05 |
 grvt | +10.96% | 8h | $3.1M | $1,492.4699 |
 NADO | +10.96% | 1h | $2.6M | $1,492.6914 |
 StandX | +10.96% | 1h | $52K | $1,491.79 |
 Variational | +10.96% | 8h | $43.8M | $1,489.94 |
 edgeX V2 | +10.96% | 4h | $663K | $1,491.501 |
 Ondo | +10.96% | 1h | $423K | $1,492.1 |
 SoDEX | +10.96% | 1h | $213K | $1,492.34 |
 BitMart | +10.96% | 8h | $7.4M | $1,490.9643 |
 Toobit | +10.96% | 8h | $1.5M | $1,492.05 |
 Bullet | +10.96% | 1h | $42K | $1,492.1056 |
 WEEX | +10.96% | 8h | $368.5M | $1,490.61 |
 Pionex | +10.96% | 8h | $8.8M | $1,492.04 |
 CoinW | +10.96% | 8h | — | $1,492.21 |
 LBank | +10.96% | 8h | — | $1,491.54 |
 TxFlow | +10.96% | 1h | $6.8M | $1,492.04 |
 Arcus | +10.96% | 1h | $579K | $1,493.079 |
 Polymarket | +10.96% | 1h | $458K | $1,492 |
 BULK | +10.96% | 1h | $282K | $1,494.857 |
 PopDEX | +10.96% | 1h | $158K | $1,492.4 |
 dreamcash | +10.96% | 1h | $722.6M | $1,492.4 |
 Ventuals | +10.96% | 1h | $722.6M | $1,492.4 |
 Bybit | +10.85% | 8h | $247.7M | $1,491.78 |
 Paradex | +10.58% | 8h | $86K | $1,492.3615 |
 Lighter | +10.52% | 1h | $19.2M | $1,493.311 |
 Phoenix | +10.36% | 1h | $4.7M | $1,497.2 |
 WOOFi Pro | +2.93% | 8h | $376K | $1,492.41 |
 dYdX | +0.00% | 1h | $412K | $1,492.3774 |
 Pacifica | -12.85% | 1h | $2.0M | $1,491.415 |
 BloFin | -20.89% | 8h | $31.0M | $1,492.3 |
 Perpl | -48.93% | 1h | $77K | $1,489.61 |
 ApeXBest Long | -80.09% | 1h | $672K | $1,493.13 |
ZEC 资金费率的含义
资金费率数据更新于 2026-09-23 23:04 UTC
ORBIT 按交易所实时汇总 ZEC（Zcash） 永续合约在 48 家交易所的资金费率。资金费率是多头与空头之间的周期性支付，用来把永续合约价格锚定在现货附近：费率为正时多头向空头支付，为负时空头向多头支付。目前 ZEC 的年化资金费率从 ApeX 的 -80.09% 到 Ethereal 的 +200.14% 不等。
ZEC 当前最大的跨所资金费率价差为年化 108.3%。德尔塔中性的跨所套利正是赚取这一差额：在费率最低的 ApeX 做多，在费率最高的 RiseX 做空。两条腿等额反向，价格波动相互抵消，留下的就是费率差。ORBIT 回测器回放两条腿真实的资金费率历史，并按实时订单簿扣除吃单手续费和滑点，得到的是净收益，而不是宣传数字。
ZEC 在所跟踪的永续品种中持仓量排名第 6，各交易所合计持仓量 $4.45B，24 小时成交量 $12.95B，成交量加权标记价格 $1,492.2291。流动性越深，就能以越低的滑点在更大仓位上交易这一价差——在筛选器中使用「最低持仓量」过滤，只保留能实际进出的市场。
Frequently asked questions
- 目前哪家交易所的 ZEC 资金费率最高？
- Ethereal，年化 +200.14%。较高的正费率意味着空头收取资金费用，因此它是跨所套利中做空的一方。费率每个结算周期都会变化，当前数值请以实时筛选器为准。
- 为赚取资金费率，ZEC 应在哪家交易所做多？
- ApeX 的 ZEC 资金费率最低，为年化 -80.09%，在那里做多成本最低（甚至可收取费用）。与费率最高的交易所配对，即构成德尔塔中性的价差组合。
- ZEC 最佳的资金费率套利组合是什么？
- 价差最大的组合是 ApeX 做多 / RiseX 做空，扣除成本前约为年化 108.3%。确定仓位规模前，请先在 ORBIT 回测器中验证，它会扣除真实的手续费和滑点。
- ZEC 的资金费用多久结算一次？
- 各交易所资金间隔不同（1 小时、4 小时、8 小时）。在年化费率相同的情况下，间隔越长，单次支付越少但金额越大。ORBIT 把所有交易所统一换算为年化费率，便于直接比较。
- ZEC 的资金费率目前是正还是负？
- 各交易所正负不一，年化从 -80.09% 到 +200.14%——正是这种分歧创造了跨所套利机会。