ZRX Funding Rate & Schedule
ZRX perpetual futures funding rate on 5 exchanges: Bybit, OKX, Binance, MEXC, BingX. Each exchange's next rate, how often it is collected, the next collection time, the 8-hour equivalent and 24h volume are below. Data as of 2026-10-18 16:02 UTC, from the exchanges' public endpoints.
- • Cheapest for longs: Bybit (8h equivalent −0.2095%).
- • Best for shorts: BingX (8h equivalent −0.0074%).
- • Cross-exchange spread: 0.2021% per 8h.
- • Next collection: OKX at 20:00 UTC (−0.0156%, shorts pay longs).
- • Collection intervals: every 4h, 8h.
Where ZRX stands
- • ZRX ranks #474 by 24h volume among 922 pairs listed on at least two exchanges.
- • Average 8h equivalent across exchanges is −0.0590% (shorts pay) — #883 of 922 from the highest.
- • Cross-exchange spread is 0.2021% (8h), #36 by spread — a wider spread means more arbitrage room.
- • Exchanges collect this pair at different intervals (4h, 8h); compare by the 8h equivalent.
ZRX — funding by exchange
| Exchange | Next rate | Who pays | Interval | Next collection | 8h equiv. | Annual | 24h volume | |
|---|---|---|---|---|---|---|---|---|
| Bybit | −0.2095% | ▼ shorts pay | every 8h | 00:00 UTC | −0.2095% | −229.4% | $157K | |
| OKX | −0.0156% | ▼ shorts pay | every 4h |
Frequently asked questions
What is the ZRX funding rate?
A periodic payment between long and short holders of the ZRX perpetual contract. If the rate is positive, longs pay shorts; if negative, shorts pay longs. It keeps the perpetual price close to spot.
How often is ZRX funding collected?
It depends on the exchange: Bybit 8h, OKX 4h, Binance 4h, MEXC 4h, BingX 4h. Use the "8h equivalent" column to compare different intervals.
Which exchange has the lowest ZRX funding?
At the last refresh the lowest 8h equivalent for longs was Bybit (−0.2095%) and the highest for shorts BingX (−0.0074%). Rates change during the period and are fixed at collection.
How is ZRX funding calculated?
Payment = position size × funding rate. A 10,000 USDT ZRX long at 0.01% pays 1 USDT at collection. Leverage doesn't change the payment; position size does. Highest 24h volume is on BingX ($2.3M).