# 2Z funding rate history — settled payments by exchange

Source: https://orbitperpscreener.com/markets/asset/2Z/funding · window: last 30 days · generated 2026-09-26T11:04 UTC

What 2Z (DoubleZero) actually paid over the last 30 days: 5,609 settlements across 18 venues, broken down venue by venue. These are settled payments — the amount an exchange actually charged or credited each funding interval — not the rate currently quoted for the next payment. Toobit paid the most over the window at +0.9784% of position size.

A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 67% of the 5,609 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +0.9784% on Toobit to -4.1132% on Backpack — the gap between them is what a delta-neutral position collecting on both legs would have captured before fees and slippage. Verify the live version of this spread on the ORBIT funding screener before sizing a trade: settled history shows what already happened, not what will happen next.

| Exchange | Settlements | Total paid | Average APR | Largest | Smallest | Last settled |
|---|---:|---:|---:|---:|---:|---|
| Toobit | 180 | +0.9784% | +11.91% | +0.0703% | -0.0502% | 2026-09-26 08:00 UTC |
| Pacifica | 718 | +0.8636% | +10.54% | +0.0013% | -0.0045% | 2026-09-26 10:00 UTC |
| KuCoin | 180 | +0.7990% | +9.73% | +0.0050% | -0.0588% | 2026-09-26 08:00 UTC |
| Gate.io | 180 | +0.7826% | +9.53% | +0.0050% | -0.0381% | 2026-09-26 08:00 UTC |
| Bitget | 180 | +0.6803% | +8.28% | +0.0050% | -0.0477% | 2026-09-26 08:00 UTC |
| Bitunix | 180 | +0.5423% | +6.60% | +0.0050% | -0.0478% | 2026-09-26 08:00 UTC |
| Pionex | 180 | +0.5388% | +6.56% | +0.0050% | -0.0886% | 2026-09-26 08:00 UTC |
| Binance Futures | 180 | +0.5007% | +6.10% | +0.0050% | -0.0879% | 2026-09-26 08:00 UTC |
| WEEX | 180 | +0.5000% | +6.09% | +0.0050% | -0.0874% | 2026-09-26 08:00 UTC |
| Hotcoin | 180 | +0.5000% | +6.09% | +0.0050% | -0.0874% | 2026-09-26 08:01 UTC |
| OKX | 180 | +0.2872% | +3.50% | +0.0050% | -0.0848% | 2026-09-26 08:00 UTC |
| BingX | 180 | +0.2326% | +2.83% | +0.0050% | -0.1009% | 2026-09-26 08:00 UTC |
| MEXC | 180 | -0.1771% | -2.16% | +0.0050% | -0.1033% | 2026-09-26 08:00 UTC |
| Bybit | 180 | -0.5138% | -6.26% | +0.0050% | -0.1022% | 2026-09-26 08:00 UTC |
| Hyperliquid | 720 | -1.3557% | -16.51% | +0.0032% | -0.0764% | 2026-09-26 10:00 UTC |
| Crypto.com | 720 | -1.3839% | -16.85% | +0.0203% | -0.0209% | 2026-09-26 10:00 UTC |
| Aster | 391 | -1.5875% | -8.90% | +0.0050% | -0.0723% | 2026-09-26 08:00 UTC |
| Backpack | 720 | -4.1132% | -50.08% | +0.0171% | -0.1369% | 2026-09-26 10:00 UTC |

## FAQ

### Is the 2Z funding rate a live quote or an actual payment?

A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 67% of the 5,609 settlements recorded here.

### Which exchange has paid the most settled 2Z funding recently?

Toobit paid the most over the last 30 days at +0.9784% of position size across 180 settlements, an average annualized rate of +11.91%. This is a sum of actual payments, not a forecast.

### How often is 2Z funding actually paid?

Over the last 30 days, ORBIT recorded 5,609 funding settlements for 2Z across 18 venues. Settlement schedules differ by venue — some pay hourly, others every 4 or 8 hours — so the number of payments per venue in the table above is not the same for all of them.

### What is the widest settled 2Z funding spread between venues?

Over the last 30 days, settled totals ranged from +0.9784% on Toobit to -4.1132% on Backpack. That gap is what a position holding both legs — long on the venue that paid least, short on the one that paid most — would have collected before fees and slippage. Check the current spread on the live screener, since settled history describes the past, not the next payment.

Live rates: https://orbitperpscreener.com/markets/asset/2Z · Screener: https://orbitperpscreener.com/screener