ZEN perpetuals
Compare funding costs for one asset across venues.
Data as of 2026-10-15 04:09 UTC
ZEN is quoted on 6 contracts. The highest funding rate is on Bybit at +10.95% annualised, quoted per 8h, and the lowest is on Binance at -2.60% — a gap of 13.55 points. Rate periods differ across these contracts, so each is converted to a simple annualised figure before comparison.
By venue
| Venue | Rate | Annualised | 30d realised APR | Max leverage | 24h turnover | Actions |
|---|---|---|---|---|---|---|
| BybitCentralisedZENUSDT | +0.0100%8h | +10.95% | +6.22% |
75x | 1.2M | |
| HyperliquidOn-chainZEN | +0.0013%1h | +10.95% | — no history yet |
5x | 402.1K | |
| OKXCentralisedZEN-USDT-SWAP | +0.0050%4h | +10.95% | +8.72% |
50x | 2.2M | |
| BitgetCentralisedZENUSDT | +0.0071%8h | +7.77% | +8.77% |
50x | 1.0M | |
| AsterOn-chainZENUSDT | +0.0025%8h | +2.76% | — no history yet |
10x | 15.4K | |
| BinanceCentralisedZENUSDT | -0.0024%8h | -2.60% | +8.38% |
75x | 10.9M |
Common questions
Which exchanges list ZEN perpetual futures?
ZEN trades as 6 perpetual contracts across 6 venues: Aster, Binance, Bitget, Bybit, Hyperliquid and OKX. The busiest is Binance, with $10.9M of 24h turnover — 69% of the total.
Where is ZEN funding cheapest right now?
For a long, the most favourable collected rate is -2.60% annualised on Binance; for a short, it is +10.95% on Bybit — a gap of 13.55 points. Venues disagree on direction: a long is paid on Binance but pays on Bybit.
How much funding does a 10,000 USDT ZEN position pay per day?
At current rates a 10,000 USDT long pays about +3.00 USDT a day on Bybit and -0.71 USDT on Binance. Over the past 30 days Bybit actually settled an average of +1.70 USDT a day on the same position. A negative figure means the long is paid.
How often does ZEN funding settle?
It depends on the venue: Hyperliquid every 1h; OKX every 4h; Aster, Binance, Bitget and Bybit every 8h.
What has ZEN funding actually paid over the past 30 days?
The highest realised figure was on Bitget: +8.77% annualised across 90 settlements, 6% of them negative. The lowest was Bybit, at +6.22%. 4 of the 6 contracts have at least a week of settled history to measure.
What is the highest leverage available on ZEN?
The highest collected cap is 75x, on Binance and Bybit. On Binance it applies up to 5K USDT of notional; above that the cap drops to 50x.
Further readingCross-venue funding spreads: from gross rates to net P&LHow funding fees work: amounts, signs and settlementHow liquidation price is calculated: tiered maintenance margin and deductions
ZEN comparison scope and payment direction
This page retains low-turnover ZEN contracts without the main ranking’s $1M threshold. Positive funding is paid by longs; negative funding is paid by shorts. High and low are rate values, not recommendations. These contracts quote in USD and USDT; check each specification for settlement currency and multiplier before comparing. Annualisation method · Official sources.
Rates and chart methodology
Annualised over the window sums what actually settled on that contract, then extrapolates across the hours those settlements covered — it is not today's rate projected forward. A contract listed less than 30 days ago is extrapolated from its own span. The grey line is zero: above it longs pay, below it shorts pay. Every row in that column shares one vertical scale, so their swings can be compared directly.
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Margin ladders
Bybit · ZENUSDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 1000 quote | 1.0000% | 75.00x | — |
| 2 | 1000 – 3000 quote | 1.0000% | 70.00x | — |
| 3 | 3000 – 5000 quote | 1.0000% | 65.00x | — |
| 4 | 5000 – 7000 quote | 1.0000% | 55.00x | — |
| 5 | 7000 – 10000 quote | 1.5000% | 50.00x | 35 |
| 6 | 10000 – 12000 quote | 1.5000% | 45.00x | 35 |
| 7 | 12000 – 14000 quote | 1.5000% | 40.00x | 35 |
| 8 | 14000 – 16000 quote | 1.5000% | 35.00x | 35 |
| 9 | 16000 – 20000 quote | 1.6700% | 30.00x | 62.2 |
| 10 | 20000 – 25000 quote | 2.0000% | 25.00x | 128.2 |
| 11 | 25000 – 30000 quote | 2.5000% | 20.00x | 253.2 |
| 12 | 30000 – 32000 quote | 2.6300% | 19.00x | 292.2 |
| 13 | 32000 – 35000 quote | 2.7800% | 18.00x | 340.2 |
| 14 | 35000 – 40000 quote | 2.9400% | 17.00x | 396.2 |
| 15 | 40000 – 45000 quote | 3.1300% | 16.00x | 472.2 |
| 16 | 45000 – 50000 quote | 3.3300% | 15.00x | 562.2 |
| 17 | 50000 – 60000 quote | 3.5700% | 14.00x | 682.2 |
| 18 | 60000 – 70000 quote | 3.8500% | 13.00x | 850.2 |
| 19 | 70000 – 80000 quote | 4.1700% | 12.00x | 1074.2 |
| 20 | 80000 – 90000 quote | 4.5500% | 11.00x | 1378.2 |
| 21 | 90000 – 100000 quote | 5.0000% | 10.00x | 1783.2 |
| 22 | 100000 – 500000 quote | 5.5600% | 9.00x | 2343.2 |
| 23 | 500000 – 700000 quote | 6.2500% | 8.00x | 5793.2 |
| 24 | 700000 – 1000000 quote | 7.1400% | 7.00x | 12023.2 |
| 25 | 1000000 – 1250000 quote | 8.3300% | 6.00x | 23923.2 |
| 26 | 1250000 – 1500000 quote | 10.0000% | 5.00x | 44798.2 |
| 27 | 1500000 – 2000000 quote | 12.5000% | 4.00x | 82298.2 |
| 28 | 2000000 – 2500000 quote | 16.6700% | 3.00x | 165698.2 |
| 29 | 2500000 – 3000000 quote | 25.0000% | 2.00x | 373948.2 |
| 30 | 3000000 – ∞ quote | 50.0000% | 1.00x | 1123948.2 |
Hyperliquid · ZEN With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – ∞ quote | 10.0000% | 5.00x | — |
OKX · ZEN-USDT-SWAP No deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 250 base | 1.0000% | 50.00x | — |
| 2 | 250.1 – 500 base | 1.5000% | 40.00x | — |
| 3 | 500.1 – 2500 base | 3.0000% | 20.00x | — |
| 4 | 2500.1 – 5000 base | 3.5000% | 18.18x | — |
| 5 | 5000.1 – 7500 base | 4.0000% | 16.66x | — |
| 6 | 7500.1 – 10000 base | 4.5000% | 15.38x | — |
| 7 | 10000.1 – 12500 base | 5.0000% | 14.28x | — |
| 8 | 12500.1 – 15000 base | 5.5000% | 13.33x | — |
| 9 | 15000.1 – 17500 base | 6.0000% | 12.50x | — |
| 10 | 17500.1 – 20000 base | 6.5000% | 11.76x | — |
| 11 | 20000.1 – 22500 base | 7.0000% | 11.11x | — |
| 12 | 22500.1 – 25000 base | 7.5000% | 10.52x | — |
| 13 | 25000.1 – 27500 base | 8.0000% | 10.00x | — |
| 14 | 27500.1 – 30000 base | 8.5000% | 9.52x | — |
| 15 | 30000.1 – 32500 base | 9.0000% | 9.09x | — |
| 16 | 32500.1 – 35000 base | 9.5000% | 8.69x | — |
| 17 | 35000.1 – 37500 base | 10.0000% | 8.33x | — |
| 18 | 37500.1 – 40000 base | 10.5000% | 8.00x | — |
| 19 | 40000.1 – 42500 base | 11.0000% | 7.69x | — |
| 20 | 42500.1 – 45000 base | 11.5000% | 7.40x | — |
| 21 | 45000.1 – 47500 base | 12.0000% | 7.14x | — |
| 22 | 47500.1 – 50000 base | 12.5000% | 6.89x | — |
| 23 | 50000.1 – 52500 base | 13.0000% | 6.66x | — |
| 24 | 52500.1 – 55000 base | 13.5000% | 6.45x | — |
| 25 | 55000.1 – 57500 base | 14.0000% | 6.25x | — |
| 26 | 57500.1 – 60000 base | 14.5000% | 6.06x | — |
| 27 | 60000.1 – 62500 base | 15.0000% | 5.88x | — |
| 28 | 62500.1 – 65000 base | 15.5000% | 5.71x | — |
| 29 | 65000.1 – 67500 base | 16.0000% | 5.55x | — |
| 30 | 67500.1 – 70000 base | 16.5000% | 5.40x | — |
| 31 | 70000.1 – 72500 base | 17.0000% | 5.26x | — |
| 32 | 72500.1 – 75000 base | 17.5000% | 5.12x | — |
| 33 | 75000.1 – 77500 base | 18.0000% | 5.00x | — |
| 34 | 77500.1 – 80000 base | 18.5000% | 4.87x | — |
| 35 | 80000.1 – 82500 base | 19.0000% | 4.76x | — |
| 36 | 82500.1 – 85000 base | 19.5000% | 4.65x | — |
| 37 | 85000.1 – 87500 base | 20.0000% | 4.54x | — |
| 38 | 87500.1 – 90000 base | 20.5000% | 4.44x | — |
| 39 | 90000.1 – 92500 base | 21.0000% | 4.34x | — |
| 40 | 92500.1 – 95000 base | 21.5000% | 4.25x | — |
| 41 | 95000.1 – 97500 base | 22.0000% | 4.16x | — |
| 42 | 97500.1 – 100000 base | 22.5000% | 4.08x | — |
| 43 | 100000.1 – 102500 base | 23.0000% | 4.00x | — |
| 44 | 102500.1 – 105000 base | 23.5000% | 3.92x | — |
| 45 | 105000.1 – 107500 base | 24.0000% | 3.84x | — |
| 46 | 107500.1 – 110000 base | 24.5000% | 3.77x | — |
| 47 | 110000.1 – 112500 base | 25.0000% | 3.70x | — |
| 48 | 112500.1 – 115000 base | 25.5000% | 3.63x | — |
| 49 | 115000.1 – 117500 base | 26.0000% | 3.57x | — |
| 50 | 117500.1 – 120000 base | 26.5000% | 3.50x | — |
| 51 | 120000.1 – 122500 base | 27.0000% | 3.44x | — |
| 52 | 122500.1 – 125000 base | 27.5000% | 3.38x | — |
| 53 | 125000.1 – 127500 base | 28.0000% | 3.33x | — |
| 54 | 127500.1 – 130000 base | 28.5000% | 3.27x | — |
| 55 | 130000.1 – 132500 base | 29.0000% | 3.22x | — |
| 56 | 132500.1 – 135000 base | 29.5000% | 3.17x | — |
| 57 | 135000.1 – 137500 base | 30.0000% | 3.12x | — |
| 58 | 137500.1 – 140000 base | 30.5000% | 3.07x | — |
| 59 | 140000.1 – 142500 base | 31.0000% | 3.03x | — |
| 60 | 142500.1 – 145000 base | 31.5000% | 2.98x | — |
| 61 | 145000.1 – 147500 base | 32.0000% | 2.94x | — |
| 62 | 147500.1 – 150000 base | 32.5000% | 2.89x | — |
| 63 | 150000.1 – 152500 base | 33.0000% | 2.85x | — |
| 64 | 152500.1 – 155000 base | 33.5000% | 2.81x | — |
| 65 | 155000.1 – 157500 base | 34.0000% | 2.77x | — |
| 66 | 157500.1 – 160000 base | 34.5000% | 2.73x | — |
| 67 | 160000.1 – 162500 base | 35.0000% | 2.70x | — |
| 68 | 162500.1 – 165000 base | 35.5000% | 2.66x | — |
| 69 | 165000.1 – 167500 base | 36.0000% | 2.63x | — |
| 70 | 167500.1 – 170000 base | 36.5000% | 2.59x | — |
| 71 | 170000.1 – 172500 base | 37.0000% | 2.56x | — |
| 72 | 172500.1 – 175000 base | 37.5000% | 2.53x | — |
| 73 | 175000.1 – 177500 base | 38.0000% | 2.50x | — |
| 74 | 177500.1 – 180000 base | 38.5000% | 2.46x | — |
| 75 | 180000.1 – 182500 base | 39.0000% | 2.43x | — |
| 76 | 182500.1 – 185000 base | 39.5000% | 2.40x | — |
| 77 | 185000.1 – 187500 base | 40.0000% | 2.38x | — |
| 78 | 187500.1 – 190000 base | 40.5000% | 2.35x | — |
| 79 | 190000.1 – 192500 base | 41.0000% | 2.32x | — |
| 80 | 192500.1 – 195000 base | 41.5000% | 2.29x | — |
| 81 | 195000.1 – 197500 base | 42.0000% | 2.27x | — |
| 82 | 197500.1 – 200000 base | 42.5000% | 2.24x | — |
| 83 | 200000.1 – 202500 base | 43.0000% | 2.22x | — |
| 84 | 202500.1 – 205000 base | 43.5000% | 2.19x | — |
| 85 | 205000.1 – 207500 base | 44.0000% | 2.17x | — |
| 86 | 207500.1 – 210000 base | 44.5000% | 2.15x | — |
| 87 | 210000.1 – 212500 base | 45.0000% | 2.12x | — |
| 88 | 212500.1 – 215000 base | 45.5000% | 2.10x | — |
| 89 | 215000.1 – 217500 base | 46.0000% | 2.08x | — |
| 90 | 217500.1 – 220000 base | 46.5000% | 2.06x | — |
| 91 | 220000.1 – 222500 base | 47.0000% | 2.04x | — |
| 92 | 222500.1 – 225000 base | 47.5000% | 2.02x | — |
| 93 | 225000.1 – 227500 base | 48.0000% | 2.00x | — |
Bitget · ZENUSDT No deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 5000 quote | 1.5000% | 50.00x | — |
| 2 | 5000 – 10000 quote | 2.5000% | 25.00x | — |
| 3 | 10000 – 50000 quote | 3.0000% | 20.00x | — |
| 4 | 50000 – 80000 quote | 4.0000% | 15.00x | — |
| 5 | 80000 – 125000 quote | 5.0000% | 10.00x | — |
| 6 | 125000 – 250000 quote | 12.0000% | 5.00x | — |
| 7 | 250000 – 500000 quote | 15.0000% | 4.00x | — |
| 8 | 500000 – 7500000 quote | 30.0000% | 2.00x | — |
| 9 | 7500000 – ∞ quote | 60.0000% | 1.00x | — |
Aster · ZENUSDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 500000 quote | 5.0000% | 10.00x | — |
| 2 | 500000 – 1000000 quote | 10.0000% | 5.00x | 25000 |
| 3 | 1000000 – 2500000 quote | 12.5000% | 4.00x | 50000 |
| 4 | 2500000 – 5000000 quote | 16.6700% | 3.00x | 154250 |
| 5 | 5000000 – 10000000 quote | 25.0000% | 2.00x | 570750 |
| 6 | 10000000 – 1000000000 quote | 50.0000% | 1.00x | 3070750 |
Binance · ZENUSDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 5000 quote | 1.0000% | 75.00x | — |
| 2 | 5000 – 10000 quote | 1.5000% | 50.00x | 25 |
| 3 | 10000 – 25000 quote | 2.0000% | 25.00x | 75 |
| 4 | 25000 – 50000 quote | 2.5000% | 20.00x | 200 |
| 5 | 50000 – 125000 quote | 5.0000% | 10.00x | 1450 |
| 6 | 125000 – 250000 quote | 10.0000% | 5.00x | 7700 |
| 7 | 250000 – 500000 quote | 12.5000% | 4.00x | 13950 |
| 8 | 500000 – 1000000 quote | 16.6700% | 3.00x | 34800 |
| 9 | 1000000 – 7500000 quote | 25.0000% | 2.00x | 118100 |
| 10 | 7500000 – 12500000 quote | 50.0000% | 1.00x | 1993100 |