ZBCN funding rate explained
Right now Zebec Network (ZBCN) perpetual futures trade on 4 exchanges we track. The highest funding is on Gate at +0.030% per day, the lowest on Bybit at +0.012%. The average across all venues is +0.019% per day, or about +7.0% a year. Positive funding means ZBCN longs are paying shorts — the market is leaning long.
The gap between the highest and lowest venue is +0.018% per day. A delta-neutral position that shorts ZBCN on Gate and goes long on Bybit would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live ZBCN arbitrage page for the price side of the trade.
Settlement intervals differ: ZBCN 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: ZBCN arbitrage · Zebec Network price · funding rates for all coins.