2Z Funding Rate and Open Interest on Bybit
Live Bybit 2Z markets from Bybit's public API: perp and spot price and 24h volume, open interest, funding with its interval and APR, and 24h liquidations. The charts show Bybit only; the table below compares 2Z on every exchange tracked here.
Bybit has $2.02M of 2Z perpetual open interest, 20.4% of the $9.93M across the 8 exchanges counted in the 2Z total here (#2). 2Z funding on Bybit is -0.6339% per 8 hours (≈-694% APR), settled every 4 hours at -0.3169% per payment, below the OI-weighted average of -0.5741% across exchanges. Bybit 2Z open interest changed +56.67% over the last 24h. $30K of Bybit 2Z positions were liquidated over the last 24 hours, 76.3% of it longs.
Bybit 2Z liquidations · last 24 hours
All liquidations →2Z markets on Bybit
1 perp · 1 spot2Z funding on Bybit
8h equivalent, this exchange onlyNot recorded Chart: TradingView Lightweight Charts™
2Z open interest on Bybit
USD, this exchange onlyNot recorded Chart: TradingView Lightweight Charts™
2Z on every exchange
2Z funding, all exchanges →| # | Exchange | Open interest | Share | Funding / 8h | APR | Perp vol 24h |
|---|---|---|---|---|---|---|
| 1 | Binance | $5.06M | 51.0% | -0.5605% | ≈-614% APR | $33.12M |
| 2 | Bybit | $2.02M | 20.4% | -0.6339% | ≈-694% APR | $15.01M |
| 3 | Hyperliquid | $1.74M | 17.5% | -0.5742% | ≈-629% APR | $11.06M |
| 4 | KuCoin | $710K | 7.2% | -0.4626% | ≈-507% APR | $1.58M |
| 5 | Bitget | $219K | 2.2% | -0.5120% | ≈-561% APR | $5.07M |
| 6 | Gate | $115K | 1.2% | -0.4718% | ≈-517% APR | $1.47M |
| 7 | Lighter | $30K | 0.3% | -0.3232% | ≈-354% APR | $59K |
| 8 | Aster | $29K | 0.3% | -0.5660% | ≈-620% APR | $263K |
| — | MEXC | $1.06M | not ranked | -0.6312% | ≈-691% APR | $835K |
How it's counted. Open interest is the USD value of open 2Z perpetual positions (one side) at the mark price. Funding is shown as the 8-hour equivalent so exchanges with 1-, 4- and 8-hour settlements compare directly; the interval column gives the rate actually paid each settlement. HIP-3 markets that share the ticker are left out. Coverage: Every liquidation (allLiquidation stream); OI and funding polled every 30s; USDT and inverse perps.
2Z on Bybit FAQ
What is the 2Z funding rate on Bybit?
The rate at the top of this page is Bybit's live 2Z perpetual funding rate, shown per 8 hours (-0.6339%) so it compares directly with other exchanges, and per payment (-0.3169% every 4 hours). Positive means longs pay shorts. The chart below shows its history on Bybit only.
How often does Bybit pay 2Z funding?
Bybit settles 2Z funding every 4 hours; the 8-hour figures on this page are scaled to that interval for comparison.
How much 2Z open interest is on Bybit?
$2.02M open 2Z perpetual positions on Bybit, valued at the current mark price and counted on one side. The comparison table shows every other exchange's share.
Where does the data come from?
Bybit's public market-data API, read live by this site. Nothing here comes from paid data vendors.