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2Z Funding Rates

2Z perp funding on 23 venues, normalized to APR. High APR is not guaranteed yield.
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Venues23
Highest APR90.27%Crypto.com
Lowest APR-547.50%Helix
Verified signals, 14 days42Average net 5.6 bps
23 rates
2ZCrypto.com+0.0103%1h+90.3%n/an/an/a
2ZToobit+0.0250%4h+54.8%+0.005%*+0.005%*n/a
2ZXT+0.0052%4h+11.4%n/an/an/a
2ZBinance+0.0050%4h+10.9%+0.005%*+0.005%*n/a
2ZOKX+0.0050%4h+10.9%+0.005%*+0.005%*n/a
2ZGate+0.0050%4h+10.9%+0.005%*+0.005%*n/a
2ZBitget+0.0050%4h+10.9%+0.005%*+0.005%*n/a
2ZHyperliquid+0.0013%1h+10.9%n/an/an/a
2ZKuCoin+0.0050%4h+10.9%+0.005%*+0.005%*n/a
2ZBingX+0.0050%4h+10.9%+0.005%*+0.005%*n/a
2ZWhiteBIT+0.0050%4h+10.9%+0.005%*+0.005%*n/a
2ZLBank+0.0050%4h+10.9%+0.005%*+0.005%*n/a
2ZAster+0.0050%4h+10.9%+0.005%*+0.005%*n/a
2ZWEEX+0.0050%4h+10.9%+0.005%*+0.005%*n/a
2ZBitunix+0.0050%4h+10.9%+0.005%*+0.005%*n/a
2ZPacifica+0.0013%1h+10.9%n/an/an/a
2ZBackpack+0.0013%1h+10.9%+0.028%*+0.028%*n/a
2ZLighter+0.0012%1h+10.5%n/an/an/a
2ZDeepcoin+0.0035%4h+7.7%+0.005%*+0.005%*n/a
2ZBybit0.0000%4h0.0%+0.005%*+0.005%*n/a
2ZZoomex0.0000%4h0.0%+0.005%*+0.005%*n/a
2ZMEXC-0.0005%4h-1.1%+0.005%*+0.005%*n/a
2ZHelix-0.0625%1h-547.5%-0.325%*-0.325%*n/a

Paid is what a short collected per dollar over the last 7 or 30 days, from the settlements we kept. * marks a stretch with settlements missing, which is never filled in.

2Z funding paid, last 30 days

Each settlement as we read its rate just before it paid. A venue that names no settlement time, or a stretch we missed, has no line, never a guess.

12%0%-1%Nov 4Nov 4
  • Binance+0.005% paid, 1x
  • Zoomex+0.005% paid, 1x
  • Bybit+0.005% paid, 1x

APR of each settlement. Paid is what a short collected per dollar, summed.

2Z regional premiums

Where it trades for a local currency, how far that price sits from the USDT price.

2Z/KRW-31.4 bps24h avg -8.7 bpsNone
VenuePrice (KRW)KRW per USDTPremiumRoute
Upbit KRW-2Z31.451,344.50.0 bps—
Bithumb KRW-2Z31.171,345.5-62.9 bps—
2Z/TRY0.0 bps24h avg 0.0 bpsNone
VenuePrice (TRY)TRY per USDTPremiumRoute
BtcTurk 2ZTRY1.1749.960.0 bps—
Paribu 2z_tl1.1749.950.0 bps—
110-72Nov 4, 20:40Nov 4, 23:40
  • KRW+1.1 bps
  • TRY0.0 bps

5-minute means over the USDT price, in bps. A break is a stretch with no fresh book.

Each local price is converted at that exchange's own USDT book, the rate its money really converts at, and compared with the middle USDT price on order book exchanges. Verified means a route that passes every check trades that market the way the premium pays. A premium is not a promise of profit.

Where 2Z trades

24-hour volume and open interest, as each venue publishes them. A venue that publishes none shows n/a.

VenueType24h volumeOpen interest
Binance2ZUSDTPerp$7.1Mn/a
Zoomex2ZUSDTPerp$4.2Mn/a
Bybit2ZUSDTPerp$4.2M$1.1M
OKX2Z-USDT-SWAPPerp$4.1M$742k
WhiteBIT2Z_PERPPerp$2.5Mn/a
XT2z_usdtPerp$2.5Mn/a
Hyperliquid2ZPerp$1.7M$559k
Binance2ZUSDTSpot$1.4M
Deepcoin2ZUSDTPerp$1.3Mn/a
UpbitKRW-2ZSpot$1.2M
Bitget2ZUSDTPerp$1.0M$206k
BingX2Z-USDTPerp$874kn/a

Recent 2Z gaps

From the free feed and the Proof Log, at least 15 minutes old. Paid plans and the trial see them live.

No 2Z gap in the free feed or the latest Proof Log rows right now.

Across 15 venues over 1 of the last 14 days. Last closed Nov 4, 23:12 UTC. See the Proof Log.

See 2Z routes as they open

Net after fees, depth and transfer checks, on every venue we read. No card required.

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