DRV funding rate

Compared across 3 venues · net of estimated fees

DRV Funding Rate — live across 3 venues

Perpetual funding · compared across 3 venues · net of estimated fees · updated every few minutes

Live annualized DRV perpetual funding across all 3 venues Perpia tracks. Right now DRV funding is positive on 1 and negative on 2, ranging from +10.9% on Aster to -286.9% on Bybit — a spread of 297.8%. The widest delta-neutral trade is long Bybit / short Aster at 287.5% net APR.

3venues
1paying positive
297.8%funding spread
Best DRV spread now
287.5%
net APR after fees
LongBybit↗→ShortAster↗
size depends on live venue depth — see the real cap in the scanner

DRV funding trend & liquidity

98h of history
297.8%current gross APR
182.6%24h average
134.6%7-day average
$76Kpair OI · lower leg
$88K24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

DRV · Bybit → Aster — no history

Loading DRV rate history…

Build a route

any two of the 3 venues
Gross spread+297.8%+$81.60 / day on $10,000
Widest routes

This is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.

Venues: pick the two legs

sorted by rate · 3 venues
VenueFunding APR ↓IntervalUse as
Aster↗short+10.9%every 1h
below — these venues pay the longs: this is the leg you buy
Lighter↗−50.8%every 8h
Bybit↗long−286.9%every 4h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Bybit vs Aster page. 3 pairs scanned for DRV.

Loading DRV backtest…

DRV — FAQ

Is DRV funding positive right now?

DRV perpetual funding is positive on 1 of 3 venues Perpia tracks and negative on 2. The highest is +10.9% on Aster; the lowest is -286.9% on Bybit.

What is the best DRV funding arbitrage right now?

Go long Bybit and short Aster for about 287.5% net APR after fees — the widest delta-neutral DRV spread Perpia currently sees.

Which exchange has the highest DRV funding rate?

Aster, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.

How DRV funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to DRV

also quoted on both Aster and Bybit

The same two exchanges you would already have funded for the DRV trade. Every spread between them is on the Aster vs Bybit page.