Hyperliquid ZEN perpetual
ZEN
As of 2026-10-15 04:54 UTC, ZEN on Hyperliquid has a collected rate of +0.0013% over 1h, or +10.95% simple annualised; its collected settlement interval is 1h, with up to 5x leverage. Binance has a lower rate for longs at +2.07%.
How do I select the margin tier for ZEN?
This table selects tiers by position notional in USD, not by the amount of margin deposited. The first tier starts at 0.
Further readingHow liquidation price is calculated: tiered maintenance margin and deductionsHow funding fees work: amounts, signs and settlement
Settled history is not currently available for this contract. The latest funding snapshot cannot establish the actual funding cost over the past 30 days.
Maintenance margin ladder
With deduction · An isolated-margin estimate for linear contracts; excludes closing fees, accrued funding, auto-added margin and other positions.
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – ∞ quote | 10.0000% | 5.00x | — |
Contract specification
Quote currency: USD · Settlement currency: USDC · Settlement interval: 1h (on the hour, UTC). Lot size uses the venue’s original order unit; the calculator takes base-asset quantity. Settlement intervals and times on every venue.
The same asset elsewhere
| Venue | Contract | Rate period | Annualised |
|---|---|---|---|
| Binance | ZENUSDT | 8h | +2.07% |
| Aster | ZENUSDT | 8h | +6.89% |
| Bitget | ZENUSDT | 8h | +10.95% |
| Bybit | ZENUSDT | 8h | +10.95% |
| Hyperliquid this page | ZEN | 1h | +10.95% |
| OKX | ZEN-USDT-SWAP | 4h | +10.95% |
Common questions
What is the Hyperliquid ZEN funding rate?
The latest collected Hyperliquid ZEN funding rate is +0.0013% per 1h rate period, or +10.95% simple annualised. At this rate longs pay shorts.
How often is funding charged on Hyperliquid ZEN?
The collected settlement interval is 1h, normally 24 times a day. It settles on the hour (UTC). Venues can change it again; confirm the next settlement time on the venue's contract page.
What is the maximum leverage on Hyperliquid ZEN?
The collected leverage cap for Hyperliquid ZEN is 5x, on a single margin tier that applies at every position size.
What is the maintenance margin rate on Hyperliquid ZEN?
A single tier applies at every position size, requiring 10.0000%. This venue applies a deduction: maintenance margin = notional × tier rate − the tier's maintenance amount.
Which venue has the lowest ZEN funding cost for longs?
For a long position, Binance currently has the lowest rate at +2.07% annualised; this page's Hyperliquid is at +10.95%. Negative funding pays longs. Trading costs are excluded, and the cash-flow direction reverses for shorts.
Observation time and verification
This contract’s funding was observed at 2026-10-15 04:54 UTC; an unsettled quote may still change. A dash denotes missing usable data, not zero. Hyperliquid official data source · Funding methodology