ZCAT funding rate explained
Right now Anonymous Cat (ZCAT) perpetual futures trade on 1 exchange we track. The highest funding is on Aster at +0.030% per day, the lowest on Aster at +0.030%. The average across all venues is +0.030% per day, or about +10.9% a year. Positive funding means ZCAT longs are paying shorts — the market is leaning long.
The gap between the highest and lowest venue is 0.000% per day. A delta-neutral position that shorts ZCAT on Aster and goes long on Aster would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live ZCAT arbitrage board for the price side of the trade.
Settlement intervals differ: ZCAT funding is paid every 1 hour depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: ZCAT arbitrage · Anonymous Cat price · funding rates for all coins.