DRV funding rate on Lighter

Price 0.38412 · open interest $384.7K · funding is paid every hour

Funding now, per hour

0.0012%

10.5% APR · longs pay

Next payment

—

Lighter pays funding every hour

Binance / Bybit, APR

— / 10.9%

Not listed on Binance

Average over 7 days, APR

49.5%

24h 10.0% · 30d 70.5%

Funding by hour, 7 days

Longs pay shortsShorts pay longs

DRV: whale positions →DRV liquidation map →All funding rates →

DRV funding: questions and answers

What is the DRV funding rate on Lighter now?

0.0012% per hour, or 10.5% APR: longs pay shorts; funding on Lighter is paid every hour.

How does DRV funding on Lighter compare with Binance and Bybit?

DRV is not listed on Binance, Bybit: 10.9% APR.

What has DRV funding been on average?

On Lighter: 10.0% APR over 24 hours, 49.5% over 7 days and 70.5% over 30 days. Longs paid in 99% of the hours over the last 30 days.

What does high or negative DRV funding mean?

High funding means the market is crowded with longs: holding a long is expensive and a fall can trigger a long squeeze. Negative funding means crowded shorts. Check who exactly is positioned and where their liquidations are on the whale positions page and the liquidation map.