ZRO 永续合约资金费率 — 各交易所对比
LayerZero
Funding Rates by Exchange
+15.77%
Interval
4h
Open Interest
$1.5M
Mark Price
$1.4922
+11.40%
Interval
1h
Open Interest
$1.1M
Mark Price
$1.4967
+10.96%
Interval
4h
Open Interest
$30.8M
Mark Price
$1.4928
+10.96%
Interval
1h
Open Interest
$55.7M
Mark Price
$1.4963
+10.96%
Interval
4h
Open Interest
$10.8M
Mark Price
$1.4983
+10.96%
Interval
4h
Open Interest
$3.8M
Mark Price
$1.4975
+10.96%
Interval
4h
Open Interest
$184K
Mark Price
$1.499
+10.96%
Interval
1h
Open Interest
$183K
Mark Price
$1.4922
+10.96%
Interval
1h
Open Interest
$1.6M
Mark Price
$1.498
+10.96%
Interval
4h
Open Interest
$3.2M
Mark Price
$1.4934
+10.96%
Interval
4h
Open Interest
—
Mark Price
$1.4913
+10.96%
Interval
4h
Open Interest
$2.0M
Mark Price
$1.4954
+10.96%
Interval
4h
Open Interest
$23.8M
Mark Price
$1.4926
+10.96%
Interval
4h
Open Interest
—
Mark Price
$1.4926
+10.96%
Interval
4h
Open Interest
—
Mark Price
$1.4929
+10.96%
Interval
1h
Open Interest
$129K
Mark Price
$1.4946
+10.96%
Interval
1h
Open Interest
$55.7M
Mark Price
$1.4963
+10.96%
Interval
1h
Open Interest
$55.7M
Mark Price
$1.4963
+10.52%
Interval
1h
Open Interest
$5.5M
Mark Price
$1.4959
+10.50%
Interval
4h
Open Interest
$27K
Mark Price
$1.497
+10.41%
Interval
4h
Open Interest
$31.9M
Mark Price
$1.4912
+10.41%
Interval
4h
Open Interest
$33K
Mark Price
$1.4924
+10.30%
Interval
4h
Open Interest
$9.3M
Mark Price
$1.4923
+5.04%
Interval
4h
Open Interest
$1.4M
Mark Price
$1.494
+4.33%
Interval
1h
Open Interest
$27K
Mark Price
$1.4945
+3.94%
Interval
4h
Open Interest
$2.5M
Mark Price
$1.4937
+0.00%
Interval
1h
Open Interest
—
Mark Price
$0.7761
-5.64%
Interval
4h
Open Interest
$4.3M
Mark Price
$1.4932
-18.93%
Interval
1h
Open Interest
$45K
Mark Price
$1.496
-33.31%
Interval
1h
Open Interest
$6K
Mark Price
$1.4929
-37.58%
Interval
4h
Open Interest
$10K
Mark Price
$1.4968
-77.16%
Interval
1h
Open Interest
$123K
Mark Price
$1.4991
Funding Rates by Exchange
| Exchange | Funding APR↓ | Interval | Open Interest↕ | Mark Price↕ |
|---|---|---|---|---|
 BloFinBest Short | +15.77% | 4h | $1.5M | $1.4922 |
 Extended | +11.40% | 1h | $1.1M | $1.4967 |
 Bybit | +10.96% | 4h | $30.8M | $1.4928 |
 Hyperliquid | +10.96% | 1h | $55.7M | $1.4963 |
 BingX | +10.96% | 4h | $10.8M | $1.4983 |
 Bitget | +10.96% | 4h | $3.8M | $1.4975 |
 Aster | +10.96% | 4h | $184K | $1.499 |
 Pacifica | +10.96% | 1h | $183K | $1.4922 |
 NADO | +10.96% | 1h | $1.6M | $1.498 |
 Variational | +10.96% | 4h | $3.2M | $1.4934 |
 Bitunix | +10.96% | 4h | — | $1.4913 |
 Hotcoin | +10.96% | 4h | $2.0M | $1.4954 |
 WEEX | +10.96% | 4h | $23.8M | $1.4926 |
 CoinW | +10.96% | 4h | — | $1.4926 |
 LBank | +10.96% | 4h | — | $1.4929 |
 Polymarket | +10.96% | 1h | $129K | $1.4946 |
 dreamcash | +10.96% | 1h | $55.7M | $1.4963 |
 Ventuals | +10.96% | 1h | $55.7M | $1.4963 |
 Lighter | +10.52% | 1h | $5.5M | $1.4959 |
 Pionex | +10.50% | 4h | $27K | $1.497 |
 Binance Futures | +10.41% | 4h | $31.9M | $1.4912 |
 Toobit | +10.41% | 4h | $33K | $1.4924 |
 MEXC | +10.30% | 4h | $9.3M | $1.4923 |
 Gate.io | +5.04% | 4h | $1.4M | $1.494 |
 dYdX | +4.33% | 1h | $27K | $1.4945 |
 KuCoin | +3.94% | 4h | $2.5M | $1.4937 |
 Reya | +0.00% | 1h | — | $0.7761 |
 OKX | -5.64% | 4h | $4.3M | $1.4932 |
 ApeX | -18.93% | 1h | $45K | $1.496 |
 N1 | -33.31% | 1h | $6K | $1.4929 |
 WOOFi Pro | -37.58% | 4h | $10K | $1.4968 |
 BackpackBest Long | -77.16% | 1h | $123K | $1.4991 |
ZRO 资金费率的含义
资金费率数据更新于 2026-09-23 23:03 UTC
ORBIT 按交易所实时汇总 ZRO（LayerZero） 永续合约在 32 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 ZRO 的年化资金费率从 Backpack 的 -77.16% 到 BloFin 的 +15.77% 不等。
ZRO 当前最大的跨所资金费率价差为年化 92.9%。德尔塔中性的跨所套利正是赚取这一差额：在费率最低的 Backpack 做多，在费率最高的 BloFin 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。
ZRO 在所跟踪的永续品种中持仓量排名第 58，各交易所合计持仓量 $301.7M，24 小时成交量 $510.8M，成交量加权标记价格 $1.4949。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 ZRO 资金费率最高？
- BloFin，年化 +15.77%。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，ZRO 应在哪家交易所做多？
- Backpack 的 ZRO 资金费率最低，为年化 -77.16%，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。
- ZRO 最佳的资金费率套利组合是什么？
- 价差最大的组合是 Backpack 做多 / BloFin 做空，扣除成本前约为年化 92.9%。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。
- ZRO 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）。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。
- ZRO 的资金费率目前是正还是负？
- 各交易所正负不一，年化从 -77.16% 到 +15.77%——正是这种分歧创造了跨所套利机会。