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ZHIPU perpetuals

Compare funding costs for one asset across venues.

Data as of 2026-10-15 03:37 UTC

ZHIPU is quoted on 6 contracts. The highest funding rate is on Lighter at +60.44% annualised, quoted per 8h, and the lowest is on Bitget at -47.30% — a gap of 107.75 points. Every contract here quotes its rate per 8h.

Highest rate now
+60.44%
Lighter · 8h
Lowest rate now
-47.30%
Bitget · 8h
Spread
107.75
points
Highest 30d realised APR
+14.71%
OKX

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
LighterOn-chainZHIPU +0.0552%8h +60.44% —
no history yet
 10x 19.3K
Liquidation → Trade
AsterOn-chainZHIPUUSDT 0.0000%8h 0.00% —
no history yet
 20x 42.6K
Liquidation → Trade
GateCentralisedZHIPU_USDT 0.0000%8h 0.00% +7.65%
Annualised · +7.65% · range -54.8% … +96.6% · 90 settlements
50x 4.8M
Liquidation → Trade
BybitCentralisedZHIPUUSDT -0.0029%8h -3.21% +12.60%
Annualised · +12.60% · range -163.0% … +216.5% · 90 settlements
25x 14.8M
Liquidation → Trade
OKXCentralisedZHIPU-USDT-SWAP -0.0135%8h -14.81% +14.71%
Annualised · +14.71% · range -137.6% … +271.0% · 90 settlements
25x 11.0M
Liquidation → Trade
BitgetCentralisedZHIPUUSDT -0.0432%8h -47.30% +13.95%
Annualised · +13.95% · range -162.1% … +250.5% · 90 settlements
20x 15.2M
Liquidation → Trade

Common questions

Which exchanges list ZHIPU perpetual futures?

ZHIPU trades as 6 perpetual contracts across 6 venues: Aster, Bitget, Bybit, Gate, Lighter and OKX. The busiest is Bitget, with $15.2M of 24h turnover — 33% of the total.

Where is ZHIPU funding cheapest right now?

For a long, the most favourable collected rate is -47.30% annualised on Bitget; for a short, it is +60.44% on Lighter — a gap of 107.75 points. Venues disagree on direction: a long is paid on Bitget but pays on Lighter.

How much funding does a 10,000 USDT ZHIPU position pay per day?

At current rates a 10,000 USDT long pays about +16.56 USDT a day on Lighter and -12.96 USDT on Bitget. Over the past 30 days Bitget actually settled an average of +3.82 USDT a day on the same position. A negative figure means the long is paid.

How often does ZHIPU funding settle?

It depends on the venue: Lighter every 1h; Aster, Bitget, Bybit, Gate and OKX every 8h.

What has ZHIPU funding actually paid over the past 30 days?

The highest realised figure was on OKX: +14.71% annualised across 90 settlements, 7% of them negative. The lowest was Gate, at +7.65%. 4 of the 6 contracts have at least a week of settled history to measure.

What is the highest leverage available on ZHIPU?

The highest collected cap is 50x, on Gate. On Gate it applies up to 5K USDT of notional; above that the cap drops to 40x.

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

ZHIPU comparison scope and payment direction

This page retains low-turnover ZHIPU 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.

Trading link disclosure

Affiliate disclosure: We may earn a commission if you register and trade through some links. Partnerships do not influence the data displayed or rankings.

Margin ladders

Lighter · ZHIPU No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – ∞ quote 6.0000% 10.00x —

Aster · ZHIPUUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 1000000 quote 2.5000% 20.00x —
2 1000000 – 2000000 quote 5.0000% 10.00x 25000
3 2000000 – 5000000 quote 10.0000% 5.00x 125000
4 5000000 – 10000000 quote 12.5000% 4.00x 250000
5 10000000 – 20000000 quote 16.6700% 3.00x 667000
6 20000000 – 40000000 quote 25.0000% 2.00x 2333000
7 40000000 – 1000000000 quote 50.0000% 1.00x 12333000

Gate · ZHIPU_USDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 1.0000% 50.00x —
2 5000 – 10000 quote 1.5000% 40.00x 25
3 10000 – 20000 quote 2.5000% 25.00x 125
4 20000 – 50000 quote 3.5000% 20.00x 325
5 50000 – 100000 quote 4.5000% 16.00x 825
6 100000 – 150000 quote 6.5000% 12.00x 2825
7 150000 – 200000 quote 8.0000% 10.00x 5075
8 200000 – 500000 quote 10.0000% 8.00x 9075
9 500000 – 700000 quote 12.0000% 6.60x 19075
10 700000 – 1000000 quote 15.0000% 5.00x 40075
11 1000000 – 1500000 quote 20.0000% 4.00x 90075
12 1500000 – 2000000 quote 28.0000% 3.00x 210075
13 2000000 – 2500000 quote 35.0000% 2.50x 350075
14 2500000 – 3000000 quote 45.0000% 2.00x 600075
15 3000000 – 4000000 quote 60.0000% 1.50x 1050075
16 4000000 – 5000000 quote 78.0000% 1.20x 1770075
17 5000000 – ∞ quote 90.0000% 1.05x 2370075

Bybit · ZHIPUUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 50000 quote 2.0000% 25.00x —
2 50000 – 60000 quote 2.0800% 24.00x 40
3 60000 – 75000 quote 2.1700% 23.00x 94
4 75000 – 97500 quote 2.2700% 22.00x 169
5 97500 – 105000 quote 2.3800% 21.00x 276.25
6 105000 – 112500 quote 2.5000% 20.00x 402.25
7 112500 – 150000 quote 2.6300% 19.00x 548.5
8 150000 – 225000 quote 2.7800% 18.00x 773.5
9 225000 – 300000 quote 2.9400% 17.00x 1133.5
10 300000 – 375000 quote 3.1300% 16.00x 1703.5
11 375000 – 450000 quote 3.3300% 15.00x 2453.5
12 450000 – 675000 quote 3.5700% 14.00x 3533.5
13 675000 – 900000 quote 3.8500% 13.00x 5423.5
14 900000 – 1200000 quote 4.1700% 12.00x 8303.5
15 1200000 – 1500000 quote 4.5500% 11.00x 12863.5
16 1500000 – 2500000 quote 5.0000% 10.00x 19613.5
17 2500000 – 3000000 quote 5.5600% 9.00x 33613.5
18 3000000 – 3500000 quote 6.2500% 8.00x 54313.5
19 3500000 – 4000000 quote 7.1400% 7.00x 85463.5
20 4000000 – 4500000 quote 8.3300% 6.00x 133063.5
21 4500000 – 5000000 quote 10.0000% 5.00x 208213.5
22 5000000 – 8750000 quote 11.1100% 4.50x 263713.5
23 8750000 – 12500000 quote 12.5000% 4.00x 385338.5
24 12500000 – 15625000 quote 14.2900% 3.50x 609088.5
25 15625000 – 18750000 quote 16.6700% 3.00x 980963.5
26 18750000 – 25000000 quote 20.0000% 2.50x 1605338.5
27 25000000 – 37500000 quote 25.0000% 2.00x 2855338.5
28 37500000 – 50000000 quote 28.5700% 1.75x 4194088.5
29 50000000 – 65000000 quote 33.3300% 1.50x 6574088.5
30 65000000 – ∞ quote 50.0000% 1.00x 17409588.5

OKX · ZHIPU-USDT-SWAP No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 290 base 2.0000% 25.00x —
2 290.01 – 580 base 3.0000% 20.00x —
3 580.01 – 870 base 4.0000% 12.50x —
4 870.01 – 1160 base 4.5000% 11.76x —
5 1160.01 – 1450 base 5.0000% 11.11x —
6 1450.01 – 1740 base 5.5000% 10.53x —
7 1740.01 – 2030 base 6.0000% 10.00x —
8 2030.01 – 2320 base 6.5000% 9.52x —
9 2320.01 – 2610 base 7.0000% 9.09x —
10 2610.01 – 2900 base 7.5000% 8.70x —
11 2900.01 – 3190 base 8.0000% 8.33x —
12 3190.01 – 3480 base 8.5000% 8.00x —
13 3480.01 – 3770 base 9.0000% 7.69x —
14 3770.01 – 4060 base 9.5000% 7.41x —
15 4060.01 – 4350 base 10.0000% 7.14x —
16 4350.01 – 4640 base 10.5000% 6.90x —
17 4640.01 – 4930 base 11.0000% 6.67x —
18 4930.01 – 5220 base 11.5000% 6.45x —
19 5220.01 – 5510 base 12.0000% 6.25x —
20 5510.01 – 5800 base 12.5000% 6.06x —
21 5800.01 – 6090 base 13.0000% 5.88x —
22 6090.01 – 6380 base 13.5000% 5.71x —
23 6380.01 – 6670 base 14.0000% 5.56x —
24 6670.01 – 6960 base 14.5000% 5.41x —
25 6960.01 – 7250 base 15.0000% 5.26x —
26 7250.01 – 7540 base 15.5000% 5.13x —
27 7540.01 – 7830 base 16.0000% 5.00x —
28 7830.01 – 8120 base 16.5000% 4.88x —
29 8120.01 – 8410 base 17.0000% 4.76x —
30 8410.01 – 8700 base 17.5000% 4.65x —
31 8700.01 – 8990 base 18.0000% 4.55x —
32 8990.01 – 9280 base 18.5000% 4.44x —
33 9280.01 – 9570 base 19.0000% 4.35x —
34 9570.01 – 9860 base 19.5000% 4.26x —
35 9860.01 – 10150 base 20.0000% 4.17x —
36 10150.01 – 10440 base 20.5000% 4.08x —
37 10440.01 – 10730 base 21.0000% 4.00x —
38 10730.01 – 11020 base 21.5000% 3.92x —
39 11020.01 – 11310 base 22.0000% 3.85x —
40 11310.01 – 11600 base 22.5000% 3.77x —
41 11600.01 – 11890 base 23.0000% 3.70x —
42 11890.01 – 12180 base 23.5000% 3.64x —
43 12180.01 – 12470 base 24.0000% 3.57x —
44 12470.01 – 12760 base 24.5000% 3.51x —
45 12760.01 – 13050 base 25.0000% 3.45x —
46 13050.01 – 13340 base 25.5000% 3.39x —
47 13340.01 – 13630 base 26.0000% 3.33x —
48 13630.01 – 13920 base 26.5000% 3.28x —
49 13920.01 – 14210 base 27.0000% 3.23x —
50 14210.01 – 14500 base 27.5000% 3.17x —
51 14500.01 – 14790 base 28.0000% 3.13x —
52 14790.01 – 15080 base 28.5000% 3.08x —
53 15080.01 – 15370 base 29.0000% 3.03x —
54 15370.01 – 15660 base 29.5000% 2.99x —
55 15660.01 – 15950 base 30.0000% 2.94x —
56 15950.01 – 16240 base 30.5000% 2.90x —
57 16240.01 – 16530 base 31.0000% 2.86x —
58 16530.01 – 16820 base 31.5000% 2.82x —
59 16820.01 – 17110 base 32.0000% 2.78x —
60 17110.01 – 17400 base 32.5000% 2.74x —
61 17400.01 – 17690 base 33.0000% 2.70x —
62 17690.01 – 17980 base 33.5000% 2.67x —
63 17980.01 – 18270 base 34.0000% 2.63x —
64 18270.01 – 18560 base 34.5000% 2.60x —
65 18560.01 – 18850 base 35.0000% 2.56x —
66 18850.01 – 19140 base 35.5000% 2.53x —
67 19140.01 – 19430 base 36.0000% 2.50x —
68 19430.01 – 19720 base 36.5000% 2.47x —
69 19720.01 – 20010 base 37.0000% 2.44x —
70 20010.01 – 20300 base 37.5000% 2.41x —
71 20300.01 – 20590 base 38.0000% 2.38x —
72 20590.01 – 20880 base 38.5000% 2.35x —
73 20880.01 – 21170 base 39.0000% 2.33x —
74 21170.01 – 21460 base 39.5000% 2.30x —
75 21460.01 – 21750 base 40.0000% 2.27x —
76 21750.01 – 22040 base 40.5000% 2.25x —
77 22040.01 – 22330 base 41.0000% 2.22x —
78 22330.01 – 22620 base 41.5000% 2.20x —
79 22620.01 – 22910 base 42.0000% 2.17x —
80 22910.01 – 23200 base 42.5000% 2.15x —
81 23200.01 – 23490 base 43.0000% 2.13x —
82 23490.01 – 23780 base 43.5000% 2.11x —
83 23780.01 – 24070 base 44.0000% 2.08x —
84 24070.01 – 24360 base 44.5000% 2.06x —
85 24360.01 – 24650 base 45.0000% 2.04x —
86 24650.01 – 24940 base 45.5000% 2.02x —
87 24940.01 – 25230 base 46.0000% 2.00x —
88 25230.01 – 25520 base 46.5000% 1.98x —
89 25520.01 – 25810 base 47.0000% 1.96x —
90 25810.01 – 26100 base 47.5000% 1.94x —
91 26100.01 – 26390 base 48.0000% 1.92x —
92 26390.01 – 26680 base 48.5000% 1.90x —
93 26680.01 – 26970 base 49.0000% 1.89x —

Bitget · ZHIPUUSDT No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 100000 quote 2.5000% 20.00x —
2 100000 – 500000 quote 4.0000% 15.00x —
3 500000 – 2000000 quote 5.0000% 10.00x —
4 2000000 – 5000000 quote 10.0000% 5.00x —
5 5000000 – 10000000 quote 12.5000% 4.00x —
6 10000000 – 25000000 quote 30.0000% 2.00x —
7 25000000 – ∞ quote 60.0000% 1.00x —