ZRO funding rates and position payments
Funding is a payment between long and short holders of a perpetual contract. At a positive rate, longs pay shorts. At a negative rate, shorts pay longs.
MSK
Exchanges with current rates
11
Range normalized to 8 hours
-0.0113% → +0.0100%
Where the selected side receives funding
Long: 1 of 11
Calculate one funding payment
The full position value in USD. For a leveraged position, this is collateral multiplied by leverage.
Long on Hyperliquid · ZRO
Receives 0.14 USD equivalent
10 000.00 USD × -0.0014% per 1 h
One settlement calculated from the displayed rate and position notional. Trading fees and profit or loss from price changes are calculated separately.
Compare current funding rates
Rows are ordered by the payment to the selected side over the same eight hours. The original rate and single payment apply to each contract’s own interval.
| Exchange / contract | Rate per interval | 8-hour equivalent | One paymentUSD equivalentLong · 10 000.00 USD | Next settlement |
|---|---|---|---|---|
|
Hyperliquid
ZRO
Rate as of MSK
Open interest: 65 553 077 USD 24-hour volume: 10 549 575 USD |
-0.0014% per 1 h | -0.0113% | Receives 0.14 USD | — |
|
MEXC
ZRO_USDT
Rate as of MSK
24-hour volume: 7 203 812 USD |
+0.0029% per 8 h | +0.0029% | Pays 0.29 USD | — |
|
Aster
ZROUSDT
Rate as of MSK
Open exchange ↗ |
+0.0050% per 8 h | +0.0050% | Pays 0.50 USD | MSK |
|
BingX
ZRO-USDT
Rate as of MSK
Open exchange ↗ |
+0.0050% per 8 h | +0.0050% | Pays 0.50 USD | MSK |
|
Bitget
ZROUSDT
Rate as of MSK
Open interest: 4 052 033 USD 24-hour volume: 2 177 189 USD |
+0.0050% per 8 h | +0.0050% | Pays 0.50 USD | — |
|
KuCoin
ZROUSDTM
Rate as of MSK
24-hour volume: 406 213 USD |
+0.0050% per 8 h | +0.0050% | Pays 0.50 USD | MSK |
|
Binance
ZROUSDT
Rate as of MSK
24-hour volume: 42 125 813 USD |
+0.0029% per 4 h | +0.0058% | Pays 0.29 USD | MSK |
|
edgeX
ZROUSDC
Rate as of MSK
Open exchange ↗ |
+0.0045% per 4 h | +0.0090% | Pays 0.45 USD | — |
|
Bybit
ZROUSDT
Rate as of MSK
Open interest: 29 620 736 USD 24-hour volume: 19 465 694 USD |
+0.0050% per 4 h | +0.0100% | Pays 0.50 USD | MSK |
|
Gate.io
ZRO_USDT
Rate as of MSK
Open exchange ↗ |
+0.0050% per 4 h | +0.0100% | Pays 0.50 USD | MSK |
|
OKX
ZRO-USDT-SWAP
Rate as of MSK
Open exchange ↗ |
+0.0050% per 4 h | +0.0100% | Pays 0.50 USD | MSK |
Latest completed settlements
These payments have already settled. They are separate from the current-rate comparison.
| Exchange / contract | Rate per interval | One paymentUSD equivalentLong · 10 000.00 USD | Settlement time |
|---|---|---|---|
|
Extended
ZRO-USD
Rate as of MSK
Open interest: 752 265 USD 24-hour volume: 529 474 USD |
+0.0013% per 1 h | Pays 0.13 USD | MSK |
|
Lighter
ZRO-USD
Rate as of MSK
24-hour volume: 956 381 USD |
+0.0012% per 1 h | Pays 0.12 USD | MSK |
|
Pacifica
ZRO-USD
Rate as of MSK
24-hour volume: 277 156 USD |
+0.0013% per 1 h | Pays 0.13 USD | MSK |
Completed settlements over 24 hours and 7 days
The sum of published settlement rates for each contract. Payment amounts are USD equivalents for a constant 10 000.00 USD notional and the selected direction.
Extended
24 hours
+0.0296%
Pays 2.96 USD
23 settlements
17.10.2026 10:00 — 18.10.2026 08:00 MSK
7 days
+0.2146%
Pays 21.46 USD
167 settlements
11.10.2026 10:00 — 18.10.2026 08:00 MSK
Pacifica
24 hours
+0.0288%
Pays 2.88 USD
23 settlements
17.10.2026 10:00 — 18.10.2026 08:00 MSK
7 days
+0.2091%
Pays 20.91 USD
167 settlements
11.10.2026 10:00 — 18.10.2026 08:00 MSK
Lighter
24 hours
+0.0379%
Pays 3.79 USD
24 settlements
17.10.2026 10:00 — 18.10.2026 09:00 MSK
7 days
+0.3350%
Pays 33.50 USD
168 settlements
11.10.2026 10:00 — 18.10.2026 09:00 MSK
How rates and payments are calculated
The 8-hour equivalent is the rate per interval × 8 ÷ interval hours. It makes different intervals comparable. One payment is position notional × the original rate. The annualized equivalent in the history is a linear conversion of the rate to one year.
ZRO funding questions
Who receives funding when the ZRO rate is positive?
At a positive rate, long holders pay short holders. At a negative rate, the direction reverses. The payment depends on the position notional and the rate of the specific contract.
Should I multiply the payment by leverage again?
No, if the calculator already contains the full position notional. Leverage is used once: position notional equals collateral multiplied by leverage.