DoubleZero Funding Rate (2Z)

Compare DoubleZero perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute

DoubleZero current price: $0.05428

Rate MatrixHeatmapCumulative Fees

2Z Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0050%+10.95%4h00:00 UTC$2.1M
2Bybit+0.0050%+10.95%4h00:00 UTC$1.2M
3MEXC+0.0050%$0.6M
4Hyperliquid+0.0013%+10.95%1h$0.6M
5KuCoin+0.0050%+10.95%4h00:00 UTC$0.5M
6WhiteBIT+0.0050%+10.95%4h00:00 UTC$0.5M
7Bitget+0.0050%+10.95%4h$0.2M
8Gate+0.0050%+10.95%4h00:00 UTC$0.1M
9Aster+0.0013%+10.95%1h23:00 UTC$0.0M
10Backpack+0.0013%+10.95%1h23:00 UTC$0.0M
11Lighter+0.0096%+84.10%1h$0.0M
12Coinbase+0.0007%+6.13%1h$0.0M
13CoinEx+0.0000%+0.00%8h08:00 UTC$0.0M
14Crypto.com-0.0056%$0.0M
15Krakenhighest+0.0214%$0.0M
16BingX+0.0050%00:00 UTC
17Bitunix+0.0050%+10.95%4h00:00 UTC
18edgeX+0.0000%+0.00%4h12:00 UTC
19LBank+0.0050%00:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0042%
OI-Weighted Rate
+0.0046%
Volume-Weighted Rate
+0.0047%

2Z Funding Rate History

2Z Cumulative Funding Cost

Cumulative settled funding rate by exchange over each window — positive means longs paid shorts (cost of holding a long), negative means shorts paid longs.

Exchange1D7D30D90D
Binance+0.0100%-1.4397%-1.2518%-0.7221%

About DoubleZero Funding Rate

What is the 2Z funding rate?

The 2Z funding rate is a periodic payment between long and short traders on DoubleZero perpetual futures, designed to keep the contract price anchored to the spot index. When the rate is positive, longs pay shorts; when negative, shorts pay longs. It is the main ongoing cost (or income) of holding a leveraged 2Z perpetual position.

What does a positive or negative 2Z funding rate mean?

A persistently positive 2Z funding rate signals crowded long positioning and bullish sentiment — longs keep paying to stay in the trade. A negative rate signals short-side dominance and bearish sentiment. Extreme funding rates in either direction often indicate an overcrowded trade and raise the risk of a sharp reversal or short squeeze/long squeeze.

What is the current 2Z funding rate?

As of now, the 2Z funding rate averages 0.0042% across 19 exchanges CoinBoss tracks, and the rate is positive. This figure updates in real time — check the table above for the latest per-exchange breakdown and the OI-weighted composite rate.

Which exchange has the highest 2Z funding rate?

Right now kraken shows the highest (or most extreme) 2Z funding rate among tracked exchanges, at 0.0214%. Funding rates can vary meaningfully across exchanges due to differences in order-book premium, index price and leverage demand — creating potential funding rate arbitrage opportunities.
Most exchanges settle funding every 8 hours (00:00 / 08:00 / 16:00 UTC). Actual settlement intervals may vary by exchange and contract.