Borrow 2Z: rates on every exchange
Annualised margin borrow rates for 2Z at VIP 0, and whether borrowing it to collect negative funding pays after every cost.
Updated 2026-11-12 00:20 UTC
2Z borrow rates by exchange
| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| Bitget | 5.19% | 5.13% | 6.28% | 5.19% | $53.9K | $5.7K | Borrowable |
| OKX | 14.80% | 16.35% | 16.16% | 16.35% | $655 | not published | Borrowable |
| Bybit | 12.63% | 23.34% | 12.56% | 23.34% | $1.9K | not published | Borrowable |
| Binance | 45.69% | 45.69% | 45.69% | 45.69% | $3.5K | not published | Borrowable |
| Gate | 158.66% | 182.77% | 93.38% | 182.77% * | $30K | not published | Borrowable |
Annualised simply (hourly rate × 8,760). Rate counted = the higher of the current rate and the 24 h average, as in every calculation on AfterFees. * Gate: rate × the published VIP multiplier (inferred).
Reverse carry on 2Z: borrow and sell spot, long the perp
No reverse 2Z carry nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
2Z perps, most negative funding first
Coins
| Funding rates and every arbitrage on this coin | 2Z |
Questions
Where is it cheapest to borrow 2Z?
Bitget, at 5.19% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend 2Z.
Can I earn negative funding on 2Z by borrowing it?
Not right now: no reverse 2Z carry covers its borrow interest, fees and slippage at $10,000 for 7 days.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.