Drift Protocol (DRIFT) Funding Rate History
Drift Protocol (DRIFT) perpetual futures funding ranges from -143.20 bps on DRIFT to 1.00 bps on BINANCE across 10 reporting venues, a spread of 144.20 bps. The most extreme rate (-1568.04% APY annualized) is on DRIFT. Currently funding signs are mixed: 6 positive, 4 negative.
A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on DRIFT price.
DRIFT Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| DRIFT | -143.20 bps | -1568.04% APY | n/a | $0 |
| BINGX | -17.80 bps | -194.91% APY | -29.10 bps | $6.76M |
| BITGET | -13.90 bps | -152.20% APY | -30.30 bps | $1.55M |
| KUCOIN | -4.20 bps | -45.99% APY | -41.70 bps | $412.97K |
| BINANCE | 1.00 bps | 10.95% APY | -26.60 bps | $14.26M |
| BYBIT | 1.00 bps | 10.95% APY | -42.60 bps | $6.33M |
| GATEIO | 1.00 bps | 10.95% APY | -79.60 bps | $718.04K |
| PHEMEX | 1.00 bps | 10.95% APY | -12.20 bps | $407.27K |
| MEXC | 1.00 bps | 10.95% APY | -26.70 bps | $367.13K |
| VARIATIONAL | 1.00 bps | 10.95% APY | -42.00 bps | $29.06K |
Last updated 2026-06-01T05:33:34.031048Z (UTC).
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Related: DRIFT open interest, DRIFT volume, DRIFT perp market data.