DRV funding rates and arbitrage
Updated 2026-11-11 22:56 UTC
Best DRV arbitrage after every cost
No DRV pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
DRV funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Hyperliquid | para:DRV | 0.0088% | 1 h | +77.4% | +62.0% | $167.9K | 2026-11-11 23:00 |
| Lighter | DRV | 0.0059% | 1 h | +51.7% | +12.4% | $360K | 2026-11-12 00:00 |
| BloFin | DRV-USDT | 0.0065% | 4 h | +14.2% | −22.8% | $0 | 2026-11-12 00:00 |
| Bybit | DRVUSDT | 0.0050% | 4 h | +10.9% | −34.5% | $1.1M | 2026-11-12 00:00 |
| LBank | DRVUSDT | 0.0050% | 4 h | +10.9% | −16.5% | — | 2026-11-12 00:00 |
| TXFlow | DRV-USDC | 0.0013% | 1 h | +10.9% | — | $18.3K | 2026-11-11 23:00 |
| Aster | DRVUSDT | 0.0013% | 1 h | +10.9% | +10.9% | $64K | 2026-11-12 00:00 |
| Variational | DRV-PERP | 0.0050% | 4 h | +10.9% | +11.9% | $32K | 2026-11-12 00:00 |
| Phoenix | DRV | 0.0000% | 1 h | 0.0% | +11.2% | — | 2026-11-11 23:00 |
Borrow DRV to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Gate | 13.82% | $30K |
Cost to enter $10,000 of DRV
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Lighter | DRV | 1.9 bp | top of book only |
| Bybit | DRVUSDT | 10.3 bp | top of book only |
| BloFin | DRV-USDT | 14.0 bp | top of book only |
| Variational | DRV-PERP | 19.2 bp | top of book only |
| Gate | DRV_USDT (spot) | 29.7 bp | top of book only |
| Aster | DRVUSDT | 80.1 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
More on DRV
Questions
Is DRV funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no DRV pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest DRV funding rate?
Hyperliquid at +77.4% a year (0.0088% every 1 h); the lowest is Phoenix at 0.0%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
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.