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AfterFees

Borrow rates · ZEC

Borrow ZEC: rates on every exchange

Annualised margin borrow rates for ZEC at VIP 0, and whether borrowing it to collect negative funding pays after every cost.

Updated 2026-11-11 23:09 UTC

ZEC borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
OKX1.01%1.01%1.01%1.01%$171Knot publishedBorrowable
Bitget2.75%2.36%2.49%2.75%$2.3M$1.3MBorrowable
Binance14.06%14.39%14.88%14.39%$195.4Knot publishedBorrowable
Gate48.66%48.64%48.44%48.66% *$120Knot publishedBorrowable

Annualised simply (hourly rate × 8,760). Rate counted = the higher of the current rate and the 24 h average, as in every calculation on AfterFees. * Gate: rate × the published VIP multiplier (inferred).

Reverse carry on ZEC: borrow and sell spot, long the perp

No reverse ZEC carry nets a profit at this size right now.

At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.

ZEC perps, most negative funding first

ExchangeContractRateEveryAnnualised
PacificaZEC-0.0017%1 h−15.1%
GateZEC_USDT-0.0130%8 h−14.2%
dYdXZEC-USD0.0000%1 h0.0%
OKXZEC-USDT-SWAP0.0008%8 h+0.8%
HyperliquidZEC0.0004%1 h+3.2%
KuCoinZECUSDTM0.0041%8 h+4.5%
BitunixZECUSDT0.0056%8 h+6.1%
MEXCZEC_USDT0.0059%8 h+6.5%

Coins

Funding rates and every arbitrage on this coinZEC

Questions

Where is it cheapest to borrow ZEC?

OKX, at 1.01% a year at the rate we count (the higher of the current rate and the 24 h average), among 4 exchanges that lend ZEC.

Can I earn negative funding on ZEC by borrowing it?

Not right now: no reverse ZEC carry covers its borrow interest, fees and slippage at $10,000 for 7 days.

The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.