ZIL funding rate explained
Right now Zilliqa (ZIL) perpetual futures trade on 9 exchanges we track. The highest funding is on Aster at +0.030% per day, the lowest on Gate at -0.862%. The average across all venues is -0.225% per day, or about -82.1% a year. Negative funding means ZIL shorts are paying longs — the market is leaning short.
The gap between the highest and lowest venue is +0.892% per day. A delta-neutral position that shorts ZIL on Aster and goes long on Gate would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live ZIL arbitrage board for the price side of the trade.
Settlement intervals differ: ZIL funding is paid every 4 hours and 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: ZIL arbitrage · Zilliqa price · funding rates for all coins.