DRV

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Paragonpara:DRV	0.3224	+0.1346	pay 0.0168% / 1h	52m 57s	$213K	$212K	5x	Long Paragon
SHORT	AsterDRVUSDT	0.3245	+0.0100	get 0.0013% / 1h	52m 57s	$62K	$63K	5x	Short Aster≤10% back

Price gap+0.654%50s

Funding gap−0.1246% /8h

The gap pays +$65 on $10k if it goes back to zero (no 7-day history yet), but funding costs $37 a day and eats that in about 42 hours. At the last 7 days' pace that is about 3.6 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$128−0.1246% /8h now · paid −1.283% over the last 7D

Price—spread +0.654%50s now · prices read too far apart to compare

Costsno datano order book for Aster

Result, before costs—+ Points / potential airdropAster: Stage 5 · farm boardneeds both prices read together

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.654%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

DRV on 8 exchanges

lowest funding first

Before you open

3 ok · 2 to watch

Note: Order book unknown—
No order-book sample for Aster: its slippage is not counted.
Note: Margin at max leverage$2,000 + $2,000
Paragon 5x, Aster 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$37.37Long Paragon: 24 payments, −$40.37; short Aster: 24 payments, +$3.00.
Watch: Prices read 50 s apart+0.654% vs —
Part of this gap may be the market moving.
Watch: Short leg is thinner$62K vs $213K OI
Aster sets your exit cost. Check its book before closing.
OK: Points on a legAster Stage 5
Volume here counts toward the points program.
OK: No KYC on either legParagon No · Aster No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0611%/8h × 21 periods−$128.27

Price spreadprices read too far apart to compare—

Slippage, 4 ordersno data for Aster—

Fee Paragon bp × 2 orders−$18.00

Fee Aster bp × 2 orders−$8.00

Net, fees only · 7 days · $10k−$154.27

price spread not counted: prices read too far apart

Costs to cover0.260%Break-evennever at this rate

Slippage: Paragon: live order book, 42 min ago; Aster: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGParagon24.97200.0 bp−$200doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTAster—————

Closing costs about the same again.
Aster: no data.

DRV news

posts that mention DRV, from every exchangeSearch all news →

10-28 15:43	Phoenix	Listing	Now live on Phoenix: $DRV Derive @DeriveXYZ is an onchain options and perps exchange that settles on Ethereum with zero-knowledge proofs. DRV is the protocol token. @PhoenixTrade on X ↗
10-28 13:48	Derive	Other	V3 is running smoothly, and our team keeps shipping improvements. Here are three features going into effect for traders soon: • Lower options margin. You can trade BTC, ETH, and other supported options with less collateral in standard-margin accounts, leaving more available for your next trade. • $DRV perps. You can trade DRV with up to 3x leverage and use your DRV holdings as collateral in supported accounts. • More collateral options. You can borrow more against HYPE and kHYPE in eligible accounts, and use $LIT to back supported altcoin trades. @DeriveXYZ on X ↗
10-28 01:48	Derive	Token	Weekly Buyback #90 Complete 175,393 DRV was purchased at an average price of $0.37. Derive DAO has bought back a total of 28,533,700 DRV. Buybacks are currently allocated 50% of protocol fees. @DeriveXYZ on X ↗
10-27 20:04	Phoenix	Listing	new market DRV ($DRV) seen by our collector
10-21 21:04	Derive	Token	Weekly Buyback #89 Complete 148,932 DRV was purchased at an average price of $0.40. Derive DAO has bought back a total of 28,358,307 DRV. Buybacks are currently allocated 50% of protocol fees. @DeriveXYZ on X ↗
10-20 13:00	Paragon	Listing	Derive ($DRV) is now trading 24/7 on Hyperliquid. 5x leverage. DRV is the native token of @DeriveXYZ, which offers onchain crypto options and perps. Trade now on Hyperliquid: @tradeparagon on X ↗

DRV