Drift Protocol (DRIFT) Funding Rate
Drift Protocol (DRIFT) perpetual funding on 10 exchanges: the current rate, annualized, what was actually paid and the payment history. Positive means longs pay shorts.
Updated · How we count
Drift Protocol (DRIFT) funding rate on every exchange
| Exchange | Rate per 8 h | Per period | Predicted | By premium | Annual | 1 day · 7 days · 30 days | Next payment | 24h volume | ||
|---|---|---|---|---|---|---|---|---|---|---|
 Deepcoin4 hbest long | −0.0100% | −0.0050% | — | — | −11.0% | 0.0000% | +0.180% | +0.926% | $116.8K | |
 Binance4 h | +0.0100% | +0.0050% | — | +0.0546% | 11.0% | +0.0300% | +0.210% | +0.977% | — | |
 Toobit4 h | +0.0100% | +0.0050% | — | +0.0635% | 11.0% | +0.0300% | +0.210% | +0.977% | $93K | |
 WEEX4 h | +0.0100% | +0.0050% | — | +0.0231% | 11.0% | +0.0300% | +0.210% | +0.977% | $56.8K | |
 WhiteBIT4 h | +0.0100% | +0.0050% | — | +0.0469% | 11.0% | +0.0300% | +0.210% | +0.900% | $320.9K | |
 BingX4 h | +0.0100% | +0.0050% | — | +0.0469% | 11.0% | +0.0300% | +0.210% | +1.042% | $6.5M | |
 MEXC4 h | +0.0100% | +0.0050% | — | +0.0109% | 11.0% | +0.0300% | +0.210% | +0.976% | $101.2K | |
 LBank4 h | +0.0100% | +0.0050% | — | +0.300% | 11.0% | +0.0300% | +0.210% | +0.593% | — | |
 Bybit4 hbest short | +0.0100% | +0.0050% | — | +0.0050% | 11.0% | +0.0300% | +0.210% | +0.935% | $285.1K | |
 WOO X4 h | +0.0100% | +0.0050% | — | +0.335% | 11.0% | +0.0300% | +0.210% | +0.967% | — | |
What Drift Protocol (DRIFT) funding actually paid
Over 7 days, a Drift Protocol (DRIFT) long paid +0.207% on average across exchanges (10.8% a year). The most on Binance (+0.210%), the least on Deepcoin (+0.180%).
Over 30 days, a Drift Protocol (DRIFT) long paid +0.927% on average across exchanges (11.7% a year). The most on BingX (+1.042%), the least on LBank (+0.593%).
Drift Protocol (DRIFT) funding rate history chart
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Drift Protocol (DRIFT) funding arbitrage right now
Among the exchanges that publish a 24h volume, the lowest rate now is on Deepcoin (−0.0100% per 8 h), the highest on Bybit (+0.0100%). Long on Deepcoin and short on Bybit, price hedged: a difference of 21.9% a year before fees and before the rates move.
Rates only. The price spread between the two perps, fees to enter and exit, book depth and whether the rate holds are in the futures screener →
Drift Protocol (DRIFT) perpetual futures by exchange
BingXDRIFT/USDT:USDT$0.013925$6.5MWhiteBITDRIFT/USDT:USDT$0.013930$320.9KBybitDRIFT/USDT:USDT$0.013905$285.1KDeepcoinDRIFT/USDT:USDT$0.013945$116.8KMEXCDRIFT/USDT:USDT$0.013930$101.2KToobitDRIFT/USDT:USDT$0.013945$93KWEEXDRIFT/USDT:USDT$0.013935$56.8KBinanceDRIFT/USDT:USDT$0.013945—LBankDRIFT/USDT:USDT—WOO XDRIFT/USDT:USDT$0.013950—FAQ
- What is the Drift Protocol (DRIFT) funding rate?
A periodic payment between long and short holders of Drift Protocol (DRIFT) perpetual futures that keeps the contract price near spot. When the rate is positive, longs pay shorts; when negative, shorts pay longs. Right now it ranges from −0.0100% to 0.0100% per 8 hours across 10 exchanges.
- How often is Drift Protocol (DRIFT) funding paid?
Every 8 hours on most exchanges, every 1–4 hours on some (Hyperliquid pays hourly). The table shows each exchange's interval and the time to the next payment.
- Why is the Drift Protocol (DRIFT) funding rate different on each exchange?
Each exchange computes it from its own premium of perpetual over index price and its own interval and caps. The difference is what funding arbitrage earns: short where funding is highest, long where it is lowest.
- Does a high APR mean high profit?
No. APR extrapolates the current rate over a year, and rates change every period. Compare it with what was actually paid over 7 and 30 days in the table above.