ZK funding rate
ZK funding is 0.0013% per hour on Hyperliquid (10.95% APR), -0.0051% per hour on Aster (-44.85% APR) and -0.0005% per hour on Lighter (-4.38% APR). A positive rate means longs pay shorts.
Data as of . Refreshed about every minute.
Current rate by venue
| Venue | Market | Per hour | APR | Per day on $10,000 | Open interest |
|---|---|---|---|---|---|
| Hyperliquid | ZK | 0.0013% | 10.95% | Long pays $3.00 | $1.4M |
| Aster | ZK | -0.0051% | -44.85% | Short pays $12.29 | – |
| Lighter | ZK | -0.0005% | -4.38% | Short pays $1.20 | $35K |
Gap between venues: 0.0064% per hour (55.80% APR), highest on Hyperliquid, lowest on Aster. Before trading costs; see why the net is much smaller.
Method and sources
Rates are per hour: Hyperliquid and Lighter pay hourly; Aster's rate is divided by the market's funding interval (8, 4 or 1 hours). APR = rate per hour × 24 × 365, not compounded. Averages are total funding paid over the period divided by its hours. A positive rate means longs pay shorts. Live rates refresh about every minute, history every 15 minutes.
- Hyperliquid: Hyperliquid info API (metaAndAssetCtxs)
- Aster: Aster futures API (ticker, premiumIndex, fundingInfo, openInterest)
- Lighter: Lighter API (orderBookDetails, funding-rates)
More: ZK perp markets by venue, all funding rates, how hourly funding works
Frequently asked questions
- Do longs or shorts pay ZK funding right now?
- On Hyperliquid, longs pay shorts 0.0013% per hour (10.95% APR); On Aster, shorts pay longs 0.0051% per hour (-44.85% APR); On Lighter, shorts pay longs 0.0005% per hour (-4.38% APR). These are the latest rates; they change every hour, so the 7- and 30-day averages on this page say more about what a position has paid.
- Which venue has the highest ZK funding rate?
- Right now Hyperliquid, at 0.0013% per hour, against -0.0051% on Aster: a gap of 0.0064% per hour (55.80% APR) before trading costs. A gap is not a profit: fees on four trades, price gaps between venues and funding that flips usually eat most of it.
- How often is ZK funding paid?
- Hyperliquid and Lighter pay ZK funding every hour. Aster pays every 8, 4 or 1 hours depending on the market; this page divides its rate by that interval so it compares per hour. Funding is charged on the position's value, not on margin.