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OKX 2Z perpetual

2Z-USDT-SWAP

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As of 2026-10-01 00:32 UTC, 2Z-USDT-SWAP on OKX has a collected rate of -0.0084% over 4h, or -18.44% simple annualised; its collected settlement interval is 4h, with up to 20x leverage. Bitget has a lower rate for longs at -51.47%.

Rate
-0.0084%
Rate period: 4h
Annualised
-18.44%
4.1M 24h turnover
Max leverage
20x
87 Tier

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What does this rate mean for a 10,000 USDT position?

For 2Z-USDT-SWAP, 10,000 USDT of notional × -0.008418% gives 0.8418 USDT over the quoted 4h rate period: longs receive and shorts pay. This is a constant-rate illustration, not a settled bill or a forecast. Use the actual settlement rate and notional at each settlement; leverage is not multiplied again. Trading fees are separate.

How do I select the margin tier for 2Z-USDT-SWAP?

This table selects tiers by base-asset quantity in 2Z, not by the amount of margin deposited. The first tier starts at 0 and ends at 180000 2Z. Above that, tier 2 requires 3.0000% maintenance margin.

Contract units and calculator input

One 2Z-USDT-SWAP contract represents 10 2Z. Order lot size is expressed in the venue’s original unit. The liquidation calculator expects base-asset quantity; do not enter a contract count without converting units.

Settled history is not currently available for this contract. The latest funding snapshot cannot establish the actual funding cost over the past 30 days.

Maintenance margin ladder

No deduction · An isolated-margin estimate for linear contracts; excludes closing fees, accrued funding, auto-added margin and other positions.

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 —

Contract specification

Quote currency: USDT · Settlement currency: USDT · Settlement interval: 4h. Lot size uses the venue’s original order unit; the calculator takes base-asset quantity.

Contract
2Z-USDT-SWAP
Mark price
0.0592
Tick size
0.00001
Lot size
1

The same asset elsewhere

Venue Contract Rate period Annualised
Bitget 2ZUSDT 4h -51.47%
Bybit 2ZUSDT 4h -41.49%
Binance 2ZUSDT 4h -38.67%
Aster 2ZUSDT 4h -19.74%
OKX this page 2Z-USDT-SWAP 4h -18.44%
Lighter 2Z 8h +10.51%
Gate 2Z_USDT 4h +10.95%
Hyperliquid 2Z 1h +10.95%

2Z By venue →

Common questions

What is the OKX 2Z funding rate?

The latest collected OKX 2Z funding rate is -0.0084% per 4h rate period, or -18.44% simple annualised. At this rate shorts pay longs.

How often is funding charged on OKX 2Z?

The collected settlement interval is 4h, normally 6 times a day. Venues can change it; confirm the next settlement time on the contract page.

What is the maximum leverage on OKX 2Z?

The collected leverage cap for OKX 2Z is 20x, with 87 margin tiers shown. The first margin tier, up to 180000 2Z, allows 20x; the second allows 15x.

What is the maintenance margin rate on OKX 2Z?

The first tier requires 2.0000%, with 87 available tiers. The applicable requirement depends on the position’s tier. This venue applies no deduction: maintenance margin = notional × the rate of the tier the position falls in.

Which venue has the lowest 2Z funding cost for longs?

For a long position, Bitget currently has the lowest rate at -51.47% annualised; this page's OKX is at -18.44%. Negative funding pays longs. Trading costs are excluded, and the cash-flow direction reverses for shorts.

Observation time and verification

This contract’s funding was observed at 2026-10-01 00:32 UTC; an unsettled quote may still change. A dash denotes missing usable data, not zero. OKX official data source · Funding methodology