ZM perpetuals
Compare funding costs for one asset across venues.
Data as of 2026-10-15 04:09 UTC
ZM is quoted on 5 contracts. The highest funding rate is on Aster at 0.00% annualised, quoted per 8h, and the lowest is on OKX at 0.00% — a gap of 0.00 points. Every contract here quotes its rate per 8h.
By venue
| Venue | Rate | Annualised | 30d realised APR | Max leverage | 24h turnover | Actions |
|---|---|---|---|---|---|---|
| AsterOn-chainZMUSDT | 0.0000%8h | 0.00% | — no history yet |
20x | 379 | |
| BitgetCentralisedZMUSDT | 0.0000%8h | 0.00% | — no history yet |
20x | 20.7K | |
| BybitCentralisedZMUSDT | 0.0000%8h | 0.00% | -0.23% |
25x | 59.8K | |
| GateCentralisedZM_USDT | 0.0000%8h | 0.00% | — no history yet |
20x | 126.3K | |
| OKXCentralisedZM-USDT-SWAP | 0.0000%8h | 0.00% | — no history yet |
20x | 60.8K |
Common questions
Which exchanges list ZM perpetual futures?
ZM trades as 5 perpetual contracts across 5 venues: Aster, Bitget, Bybit, Gate and OKX. The busiest is Gate, with $126.3K of 24h turnover — 47% of the total.
Where is ZM funding cheapest right now?
For a long, the most favourable collected rate is 0.00% annualised on OKX; for a short, it is 0.00% on Aster — a gap of 0.00 points.
How much funding does a 10,000 USDT ZM position pay per day?
At current rates a 10,000 USDT long pays about 0.00 USDT a day on Aster and 0.00 USDT on OKX.
How often does ZM funding settle?
Every venue collected here settles ZM funding every 8h, 3 times a day.
What has ZM funding actually paid over the past 30 days?
The highest realised figure was on Bybit: -0.23% annualised across 85 settlements, 4% of them negative. 1 of the 5 contracts have at least a week of settled history to measure.
What is the highest leverage available on ZM?
The highest collected cap is 25x, on Bybit. On Bybit it applies up to 50K USDT of notional; above that the cap drops to 24x.
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
ZM comparison scope and payment direction
This page retains low-turnover ZM 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. 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
Aster · ZMUSDT 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 |
Bitget · ZMUSDT 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 | — |
Bybit · ZMUSDT 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 |
Gate · ZM_USDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 5000 quote | 2.5000% | 20.00x | — |
| 2 | 5000 – 10000 quote | 3.0000% | 16.00x | 25 |
| 3 | 10000 – 20000 quote | 3.5000% | 14.00x | 75 |
| 4 | 20000 – 30000 quote | 4.0000% | 12.00x | 175 |
| 5 | 30000 – 50000 quote | 5.0000% | 10.00x | 475 |
| 6 | 50000 – 70000 quote | 6.5000% | 8.00x | 1225 |
| 7 | 70000 – 100000 quote | 8.0000% | 6.00x | 2275 |
| 8 | 100000 – 200000 quote | 10.0000% | 5.00x | 4275 |
| 9 | 200000 – 300000 quote | 15.0000% | 4.00x | 14275 |
| 10 | 300000 – 500000 quote | 20.0000% | 3.00x | 29275 |
| 11 | 500000 – 1000000 quote | 25.0000% | 2.00x | 54275 |
| 12 | 1000000 – 1500000 quote | 40.0000% | 1.50x | 204275 |
| 13 | 1500000 – ∞ quote | 70.0000% | 1.05x | 654275 |
OKX · ZM-USDT-SWAP No deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 58 base | 2.0000% | 20.00x | — |
| 2 | 58.1 – 116 base | 3.0000% | 15.00x | — |
| 3 | 116.1 – 174 base | 4.0000% | 12.50x | — |
| 4 | 174.1 – 232 base | 4.5000% | 11.76x | — |
| 5 | 232.1 – 290 base | 5.0000% | 11.11x | — |
| 6 | 290.1 – 348 base | 5.5000% | 10.52x | — |
| 7 | 348.1 – 406 base | 6.0000% | 10.00x | — |
| 8 | 406.1 – 464 base | 6.5000% | 9.52x | — |
| 9 | 464.1 – 522 base | 7.0000% | 9.09x | — |
| 10 | 522.1 – 580 base | 7.5000% | 8.69x | — |
| 11 | 580.1 – 638 base | 8.0000% | 8.33x | — |
| 12 | 638.1 – 696 base | 8.5000% | 8.00x | — |
| 13 | 696.1 – 754 base | 9.0000% | 7.69x | — |
| 14 | 754.1 – 812 base | 9.5000% | 7.40x | — |
| 15 | 812.1 – 870 base | 10.0000% | 7.14x | — |
| 16 | 870.1 – 928 base | 10.5000% | 6.89x | — |
| 17 | 928.1 – 986 base | 11.0000% | 6.66x | — |
| 18 | 986.1 – 1044 base | 11.5000% | 6.45x | — |
| 19 | 1044.1 – 1102 base | 12.0000% | 6.25x | — |
| 20 | 1102.1 – 1160 base | 12.5000% | 6.06x | — |
| 21 | 1160.1 – 1218 base | 13.0000% | 5.88x | — |
| 22 | 1218.1 – 1276 base | 13.5000% | 5.71x | — |
| 23 | 1276.1 – 1334 base | 14.0000% | 5.55x | — |
| 24 | 1334.1 – 1392 base | 14.5000% | 5.40x | — |
| 25 | 1392.1 – 1450 base | 15.0000% | 5.26x | — |
| 26 | 1450.1 – 1508 base | 15.5000% | 5.12x | — |
| 27 | 1508.1 – 1566 base | 16.0000% | 5.00x | — |
| 28 | 1566.1 – 1624 base | 16.5000% | 4.87x | — |
| 29 | 1624.1 – 1682 base | 17.0000% | 4.76x | — |
| 30 | 1682.1 – 1740 base | 17.5000% | 4.65x | — |
| 31 | 1740.1 – 1798 base | 18.0000% | 4.54x | — |
| 32 | 1798.1 – 1856 base | 18.5000% | 4.44x | — |
| 33 | 1856.1 – 1914 base | 19.0000% | 4.34x | — |
| 34 | 1914.1 – 1972 base | 19.5000% | 4.25x | — |
| 35 | 1972.1 – 2030 base | 20.0000% | 4.16x | — |
| 36 | 2030.1 – 2088 base | 20.5000% | 4.08x | — |
| 37 | 2088.1 – 2146 base | 21.0000% | 4.00x | — |
| 38 | 2146.1 – 2204 base | 21.5000% | 3.92x | — |
| 39 | 2204.1 – 2262 base | 22.0000% | 3.84x | — |
| 40 | 2262.1 – 2320 base | 22.5000% | 3.77x | — |
| 41 | 2320.1 – 2378 base | 23.0000% | 3.70x | — |
| 42 | 2378.1 – 2436 base | 23.5000% | 3.63x | — |
| 43 | 2436.1 – 2494 base | 24.0000% | 3.57x | — |
| 44 | 2494.1 – 2552 base | 24.5000% | 3.50x | — |
| 45 | 2552.1 – 2610 base | 25.0000% | 3.44x | — |
| 46 | 2610.1 – 2668 base | 25.5000% | 3.38x | — |
| 47 | 2668.1 – 2726 base | 26.0000% | 3.33x | — |
| 48 | 2726.1 – 2784 base | 26.5000% | 3.27x | — |
| 49 | 2784.1 – 2842 base | 27.0000% | 3.22x | — |
| 50 | 2842.1 – 2900 base | 27.5000% | 3.17x | — |
| 51 | 2900.1 – 2958 base | 28.0000% | 3.12x | — |
| 52 | 2958.1 – 3016 base | 28.5000% | 3.07x | — |
| 53 | 3016.1 – 3074 base | 29.0000% | 3.03x | — |
| 54 | 3074.1 – 3132 base | 29.5000% | 2.98x | — |
| 55 | 3132.1 – 3190 base | 30.0000% | 2.94x | — |
| 56 | 3190.1 – 3248 base | 30.5000% | 2.89x | — |
| 57 | 3248.1 – 3306 base | 31.0000% | 2.85x | — |
| 58 | 3306.1 – 3364 base | 31.5000% | 2.81x | — |
| 59 | 3364.1 – 3422 base | 32.0000% | 2.77x | — |
| 60 | 3422.1 – 3480 base | 32.5000% | 2.73x | — |
| 61 | 3480.1 – 3538 base | 33.0000% | 2.70x | — |
| 62 | 3538.1 – 3596 base | 33.5000% | 2.66x | — |
| 63 | 3596.1 – 3654 base | 34.0000% | 2.63x | — |
| 64 | 3654.1 – 3712 base | 34.5000% | 2.59x | — |
| 65 | 3712.1 – 3770 base | 35.0000% | 2.56x | — |
| 66 | 3770.1 – 3828 base | 35.5000% | 2.53x | — |
| 67 | 3828.1 – 3886 base | 36.0000% | 2.50x | — |
| 68 | 3886.1 – 3944 base | 36.5000% | 2.46x | — |
| 69 | 3944.1 – 4002 base | 37.0000% | 2.43x | — |
| 70 | 4002.1 – 4060 base | 37.5000% | 2.40x | — |
| 71 | 4060.1 – 4118 base | 38.0000% | 2.38x | — |
| 72 | 4118.1 – 4176 base | 38.5000% | 2.35x | — |
| 73 | 4176.1 – 4234 base | 39.0000% | 2.32x | — |
| 74 | 4234.1 – 4292 base | 39.5000% | 2.29x | — |
| 75 | 4292.1 – 4350 base | 40.0000% | 2.27x | — |
| 76 | 4350.1 – 4408 base | 40.5000% | 2.24x | — |
| 77 | 4408.1 – 4466 base | 41.0000% | 2.22x | — |
| 78 | 4466.1 – 4524 base | 41.5000% | 2.19x | — |
| 79 | 4524.1 – 4582 base | 42.0000% | 2.17x | — |
| 80 | 4582.1 – 4640 base | 42.5000% | 2.15x | — |
| 81 | 4640.1 – 4698 base | 43.0000% | 2.12x | — |
| 82 | 4698.1 – 4756 base | 43.5000% | 2.10x | — |
| 83 | 4756.1 – 4814 base | 44.0000% | 2.08x | — |
| 84 | 4814.1 – 4872 base | 44.5000% | 2.06x | — |
| 85 | 4872.1 – 4930 base | 45.0000% | 2.04x | — |
| 86 | 4930.1 – 4988 base | 45.5000% | 2.02x | — |
| 87 | 4988.1 – 5046 base | 46.0000% | 2.00x | — |