2U2 funding rate explained
Right now 2U2 perpetual futures trade on 1 exchange we track. The highest funding is on KuCoin at +3.024% per day, the lowest on KuCoin at +3.024%. The average across all venues is +3.024% per day, or about +1103.8% a year. Positive funding means 2U2 longs are paying shorts — the market is leaning long.
The gap between the highest and lowest venue is 0.000% per day. A delta-neutral position that shorts 2U2 on KuCoin and goes long on KuCoin would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live 2U2 arbitrage page for the price side of the trade.
Settlement intervals differ: 2U2 funding is paid every 4 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: 2U2 arbitrage · funding rates for all coins.