DRIFT funding rates and arbitrage
Updated 2026-10-29 19:46 UTC
Best DRIFT arbitrage after every cost
No DRIFT 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.
DRIFT funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| BloFin | DRIFT-USDT | 0.0055% | 4 h | +12.0% | +10.4% | $85.2K | 2026-10-29 20:00 |
| KuCoin | DRIFTUSDTM | 0.0050% | 4 h | +10.9% | +11.2% | $396.6K | 2026-10-29 20:00 |
| Bitunix | DRIFTUSDT | 0.0050% | 4 h | +10.9% | +11.0% | — | 2026-10-29 20:00 |
| MEXC | DRIFT_USDT | 0.0050% | 4 h | +10.9% | +11.0% | $146.5K | 2026-10-29 20:00 |
| WhiteBIT | DRIFT_PERP | 0.0050% | 4 h | +10.9% | +11.0% | $288.8K | 2026-10-29 20:00 |
| Bitget | DRIFTUSDT | 0.0050% | 4 h | +10.9% | +11.0% | $328.9K | 2026-10-29 20:00 |
| WOO X | PERP_DRIFT_USDT | 0.0050% | 4 h | +10.9% | +11.0% | $1 | 2026-10-29 20:00 |
| LBank | DRIFTUSDT | 0.0050% | 4 h | +10.9% | — | — | 2026-10-29 20:00 |
| BingX | DRIFT-USDT | 0.0050% | 4 h | +10.9% | +11.0% | $335.7K | 2026-10-29 20:00 |
| Bybit | DRIFTUSDT | 0.0050% | 4 h | +10.9% | +11.0% | $1.8M | 2026-10-29 20:00 |
| Variational | DRIFT-PERP | 0.0050% | 4 h | +10.9% | — | $10.5K | 2026-10-29 20:00 |
| Binance | DRIFTUSDT | 0.0050% | 4 h | +10.9% | +11.0% | $1.6M | 2026-10-29 20:00 |
| Gate | DRIFT_USDT | 0.0050% | 4 h | +10.9% | +22.0% | $38.8K | 2026-10-29 20:00 |
Borrow DRIFT to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Gate | 8.62% | $20K |
Cost to enter $10,000 of DRIFT
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Binance | DRIFTUSDT | 8.6 bp | top of book only |
| BingX | DRIFT-USDT | 8.6 bp | top of book only |
| Bybit | DRIFTUSDT | 9.1 bp | top of book only |
| Variational | DRIFT-PERP | 10.7 bp | top of book only |
| Gate | DRIFT_USDT | 11.1 bp | top of book only |
| BloFin | DRIFT-USDT | 13.1 bp | top of book only |
| Bitget | DRIFTUSDT | 13.1 bp | top of book only |
| KuCoin | DRIFTUSDTM | 16.7 bp | top of book only |
| Bybit | DRIFTUSDT (spot) | 17.1 bp | top of book only |
| Gate | DRIFT_USDT (spot) | 27.5 bp | top of book only |
| MEXC | DRIFT_USDT | 44.9 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 DRIFT
Questions
Is DRIFT funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no DRIFT 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 DRIFT funding rate?
BloFin at +12.0% a year (0.0055% every 4 h); the lowest is Gate at +10.9%. 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.