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2Z perpetuals

Compare funding costs for one asset across venues.

Data as of 2026-09-30 23:45 UTC

2Z is quoted on 8 contracts. The highest funding rate is on Gate at +10.95% annualised, quoted per 4h, and the lowest is on Bybit at -57.21% — a gap of 68.16 points. Rate periods differ across these contracts, so each is converted to a simple annualised figure before comparison.

Highest rate now
+10.95%
Gate · 4h
Lowest rate now
-57.21%
Bybit · 4h
Spread
68.16
points

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
GateCentralised2Z_USDT +0.0050%4h +10.95% —
no history yet
50x 343.7K
HyperliquidOn-chain2Z +0.0013%1h +10.95% —
no history yet
3x 2.0M
LighterOn-chain2Z +0.0096%8h +10.51% —
no history yet
3x 13.1K
AsterOn-chain2ZUSDT -0.0070%4h -15.28% —
no history yet
5x 74.0K
OKXCentralised2Z-USDT-SWAP -0.0118%4h -25.95% —
no history yet
20x 4.1M
BinanceCentralised2ZUSDT -0.0217%4h -47.56% —
no history yet
50x 9.7M
BitgetCentralised2ZUSDT -0.0260%4h -56.94% —
no history yet
50x 1.6M
BybitCentralised2ZUSDT -0.0261%4h -57.21% —
no history yet
50x 4.5M

Common questions

Which exchanges list 2Z perpetual futures?

2Z trades as 8 perpetual contracts across 8 venues: Aster, Binance, Bitget, Bybit, Gate, Hyperliquid, Lighter and OKX. The busiest is Binance, with $9.7M of 24h turnover — 43% of the total.

Where is 2Z funding cheapest right now?

For a long, the most favourable collected rate is -57.21% annualised on Bybit; for a short, it is +10.95% on Gate — a gap of 68.16 points. Venues disagree on direction: a long is paid on Bybit but pays on Gate.

How much funding does a 10,000 USDT 2Z position pay per day?

At current rates a 10,000 USDT long pays about +3.00 USDT a day on Gate and -15.68 USDT on Bybit. A negative figure means the long is paid.

How often does 2Z funding settle?

It depends on the venue: Hyperliquid and Lighter every 1h; Aster, Binance, Bitget, Bybit, Gate and OKX every 4h.

What is the highest leverage available on 2Z?

The highest collected cap is 50x, on Binance, Bitget, Bybit and Gate. On Binance it applies up to 5K USDT of notional; above that the cap drops to 25x.

2Z comparison scope and payment direction

This page retains low-turnover 2Z contracts without the main ranking’s $1M threshold. Positive funding is paid by longs; negative funding is paid by shorts. High and low are rate values, not recommendations. These contracts quote in USD and USDT; check each specification for settlement currency and multiplier before comparing. Annualisation method · Official sources.

Trading link disclosure

Affiliate disclosure: We may earn a commission if you register and trade through some links. Partnerships do not influence the data displayed or rankings.

Margin ladders

Gate · 2Z_USDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 1.0000% 50.00x —
2 5000 – 7000 quote 1.5000% 40.00x 25
3 7000 – 10000 quote 2.5000% 25.00x 95
4 10000 – 20000 quote 3.5000% 20.00x 195
5 20000 – 30000 quote 4.5000% 16.00x 395
6 30000 – 50000 quote 6.5000% 12.00x 995
7 50000 – 70000 quote 8.0000% 10.00x 1745
8 70000 – 100000 quote 10.0000% 8.00x 3145
9 100000 – 150000 quote 12.0000% 6.60x 5145
10 150000 – 200000 quote 15.0000% 5.00x 9645
11 200000 – 300000 quote 20.0000% 4.00x 19645
12 300000 – 500000 quote 28.0000% 3.00x 43645
13 500000 – 700000 quote 35.0000% 2.50x 78645
14 700000 – 1000000 quote 45.0000% 2.00x 148645
15 1000000 – 1500000 quote 60.0000% 1.50x 298645
16 1500000 – 2000000 quote 78.0000% 1.20x 568645
17 2000000 – ∞ quote 90.0000% 1.05x 808645

Hyperliquid · 2Z With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – ∞ quote 16.6667% 3.00x —

Lighter · 2Z No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – ∞ quote 20.0000% 3.00x —

Aster · 2ZUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 500000 quote 10.0000% 5.00x —
2 500000 – 1000000 quote 12.5000% 4.00x 12500
3 1000000 – 2500000 quote 16.6700% 3.00x 54200
4 2500000 – 5000000 quote 25.0000% 2.00x 262450
5 5000000 – 1000000000 quote 50.0000% 1.00x 1512450

OKX · 2Z-USDT-SWAP No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 180000 base 2.0000% 20.00x —
2 180010 – 360000 base 3.0000% 15.00x —
3 360010 – 540000 base 4.0000% 12.50x —
4 540010 – 720000 base 4.5000% 11.76x —
5 720010 – 900000 base 5.0000% 11.11x —
6 900010 – 1080000 base 5.5000% 10.52x —
7 1080010 – 1260000 base 6.0000% 10.00x —
8 1260010 – 1440000 base 6.5000% 9.52x —
9 1440010 – 1620000 base 7.0000% 9.09x —
10 1620010 – 1800000 base 7.5000% 8.69x —
11 1800010 – 1980000 base 8.0000% 8.33x —
12 1980010 – 2160000 base 8.5000% 8.00x —
13 2160010 – 2340000 base 9.0000% 7.69x —
14 2340010 – 2520000 base 9.5000% 7.40x —
15 2520010 – 2700000 base 10.0000% 7.14x —
16 2700010 – 2880000 base 10.5000% 6.89x —
17 2880010 – 3060000 base 11.0000% 6.66x —
18 3060010 – 3240000 base 11.5000% 6.45x —
19 3240010 – 3420000 base 12.0000% 6.25x —
20 3420010 – 3600000 base 12.5000% 6.06x —
21 3600010 – 3780000 base 13.0000% 5.88x —
22 3780010 – 3960000 base 13.5000% 5.71x —
23 3960010 – 4140000 base 14.0000% 5.55x —
24 4140010 – 4320000 base 14.5000% 5.40x —
25 4320010 – 4500000 base 15.0000% 5.26x —
26 4500010 – 4680000 base 15.5000% 5.12x —
27 4680010 – 4860000 base 16.0000% 5.00x —
28 4860010 – 5040000 base 16.5000% 4.87x —
29 5040010 – 5220000 base 17.0000% 4.76x —
30 5220010 – 5400000 base 17.5000% 4.65x —
31 5400010 – 5580000 base 18.0000% 4.54x —
32 5580010 – 5760000 base 18.5000% 4.44x —
33 5760010 – 5940000 base 19.0000% 4.34x —
34 5940010 – 6120000 base 19.5000% 4.25x —
35 6120010 – 6300000 base 20.0000% 4.16x —
36 6300010 – 6480000 base 20.5000% 4.08x —
37 6480010 – 6660000 base 21.0000% 4.00x —
38 6660010 – 6840000 base 21.5000% 3.92x —
39 6840010 – 7020000 base 22.0000% 3.84x —
40 7020010 – 7200000 base 22.5000% 3.77x —
41 7200010 – 7380000 base 23.0000% 3.70x —
42 7380010 – 7560000 base 23.5000% 3.63x —
43 7560010 – 7740000 base 24.0000% 3.57x —
44 7740010 – 7920000 base 24.5000% 3.50x —
45 7920010 – 8100000 base 25.0000% 3.44x —
46 8100010 – 8280000 base 25.5000% 3.38x —
47 8280010 – 8460000 base 26.0000% 3.33x —
48 8460010 – 8640000 base 26.5000% 3.27x —
49 8640010 – 8820000 base 27.0000% 3.22x —
50 8820010 – 9000000 base 27.5000% 3.17x —
51 9000010 – 9180000 base 28.0000% 3.12x —
52 9180010 – 9360000 base 28.5000% 3.07x —
53 9360010 – 9540000 base 29.0000% 3.03x —
54 9540010 – 9720000 base 29.5000% 2.98x —
55 9720010 – 9900000 base 30.0000% 2.94x —
56 9900010 – 10080000 base 30.5000% 2.89x —
57 10080010 – 10260000 base 31.0000% 2.85x —
58 10260010 – 10440000 base 31.5000% 2.81x —
59 10440010 – 10620000 base 32.0000% 2.77x —
60 10620010 – 10800000 base 32.5000% 2.73x —
61 10800010 – 10980000 base 33.0000% 2.70x —
62 10980010 – 11160000 base 33.5000% 2.66x —
63 11160010 – 11340000 base 34.0000% 2.63x —
64 11340010 – 11520000 base 34.5000% 2.59x —
65 11520010 – 11700000 base 35.0000% 2.56x —
66 11700010 – 11880000 base 35.5000% 2.53x —
67 11880010 – 12060000 base 36.0000% 2.50x —
68 12060010 – 12240000 base 36.5000% 2.46x —
69 12240010 – 12420000 base 37.0000% 2.43x —
70 12420010 – 12600000 base 37.5000% 2.40x —
71 12600010 – 12780000 base 38.0000% 2.38x —
72 12780010 – 12960000 base 38.5000% 2.35x —
73 12960010 – 13140000 base 39.0000% 2.32x —
74 13140010 – 13320000 base 39.5000% 2.29x —
75 13320010 – 13500000 base 40.0000% 2.27x —
76 13500010 – 13680000 base 40.5000% 2.24x —
77 13680010 – 13860000 base 41.0000% 2.22x —
78 13860010 – 14040000 base 41.5000% 2.19x —
79 14040010 – 14220000 base 42.0000% 2.17x —
80 14220010 – 14400000 base 42.5000% 2.15x —
81 14400010 – 14580000 base 43.0000% 2.12x —
82 14580010 – 14760000 base 43.5000% 2.10x —
83 14760010 – 14940000 base 44.0000% 2.08x —
84 14940010 – 15120000 base 44.5000% 2.06x —
85 15120010 – 15300000 base 45.0000% 2.04x —
86 15300010 – 15480000 base 45.5000% 2.02x —
87 15480010 – 15660000 base 46.0000% 2.00x —

Binance · 2ZUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 1.5000% 50.00x —
2 5000 – 10000 quote 2.0000% 25.00x 25
3 10000 – 25000 quote 2.5000% 20.00x 75
4 25000 – 62500 quote 5.0000% 10.00x 700
5 62500 – 125000 quote 10.0000% 5.00x 3825
6 125000 – 250000 quote 12.5000% 4.00x 6950
7 250000 – 500000 quote 16.6700% 3.00x 17375
8 500000 – 7500000 quote 25.0000% 2.00x 59025
9 7500000 – 12500000 quote 50.0000% 1.00x 1934025

Bitget · 2ZUSDT No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 1.5000% 50.00x —
2 5000 – 20000 quote 2.0000% 25.00x —
3 20000 – 50000 quote 2.5000% 20.00x —
4 50000 – 62500 quote 5.0000% 10.00x —
5 62500 – 125000 quote 10.0000% 5.00x —
6 125000 – 250000 quote 12.5000% 4.00x —
7 250000 – 7500000 quote 30.0000% 2.00x —
8 7500000 – ∞ quote 60.0000% 1.00x —

Bybit · 2ZUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 1.5000% 50.00x —
2 5000 – 10000 quote 2.0000% 25.00x 25
3 10000 – 11000 quote 2.0800% 24.00x 33
4 11000 – 12000 quote 2.1700% 23.00x 42.9
5 12000 – 13000 quote 2.2700% 22.00x 54.9
6 13000 – 14000 quote 2.3800% 21.00x 69.2
7 14000 – 15000 quote 2.5000% 20.00x 86
8 15000 – 20000 quote 2.6300% 19.00x 105.5
9 20000 – 25000 quote 2.7800% 18.00x 135.5
10 25000 – 30000 quote 2.9400% 17.00x 175.5
11 30000 – 35000 quote 3.1300% 16.00x 232.5
12 35000 – 40000 quote 3.3300% 15.00x 302.5
13 40000 – 45000 quote 3.5700% 14.00x 398.5
14 45000 – 50000 quote 3.8500% 13.00x 524.5
15 50000 – 55000 quote 4.1700% 12.00x 684.5
16 55000 – 60000 quote 4.5500% 11.00x 893.5
17 60000 – 65000 quote 5.0000% 10.00x 1163.5
18 65000 – 75000 quote 5.5600% 9.00x 1527.5
19 75000 – 85000 quote 6.2500% 8.00x 2045
20 85000 – 95000 quote 7.1400% 7.00x 2801.5
21 95000 – 105000 quote 8.3300% 6.00x 3932
22 105000 – 120000 quote 10.0000% 5.00x 5685.5
23 120000 – 160000 quote 11.1100% 4.50x 7017.5
24 160000 – 200000 quote 12.5000% 4.00x 9241.5
25 200000 – 350000 quote 14.2900% 3.50x 12821.5
26 350000 – 500000 quote 16.6700% 3.00x 21151.5
27 500000 – 750000 quote 20.0000% 2.50x 37801.5
28 750000 – 1250000 quote 25.0000% 2.00x 75301.5
29 1250000 – 2500000 quote 33.3300% 1.50x 179426.5
30 2500000 – ∞ quote 50.0000% 1.00x 596176.5