2Z funding rate

Binance

+0.0023%

Annualized
+5.07%
7d avg (annual)
-126.06%
Next settlement
· 4h
Paid by longs over 30 days
-2.034%
Mark price
0.058918
Contract
2ZUSDT

OKX

-0.0270%

Annualized
-59.11%
7d avg (annual)
-123.01%
Next settlement
· 4h
Paid by longs over 30 days
-2.207%
Mark price
0.05892
Contract
2Z-USDT-SWAP

Funding rate history (annualized, 30 days)

+11%-362%-735%Sep 2Sep 17Oct 2
BinanceOKX

2Z funding rate statistics, last 30 days

ExchangeSettlementsAverage (ann.)Highest (ann.)Lowest (ann.)Positive sharePaid by longs over 30 days
Binance180-24.7%+11.0% Sep 2, 2026-1050.1% Sep 27, 202673%-2.034%
OKX101-47.8%+11.0% Sep 16, 2026-989.4% Sep 27, 202666%-2.207%

What the 2Z funding rate means now

The 2Z perpetual on Binance currently pays +0.0023% every 4 hours, about +5.1% annualized. The rate is positive, so longs pay shorts at each settlement. Over the past 7 days the settled rate averaged -126.1% annualized.

On OKX the 2Z perpetual pays -0.0270% every 4 hours, about -59.1% annualized. The 7-day average is -123.0%.

The current annualized gap between the two exchanges is 64.2%. Treat it as a reference only: arbitrage returns are reduced by fees and slippage, and rates and liquidation risk change every period.

You only pay or receive funding if you hold a position at the settlement time. Rates update every few minutes; check the exchange before trading.

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