Decibel
dexMaker 0.015% · Taker 0.045%
Best pair here now
Nothing here clears the liquidity bar right now.
Widest gap: NG +1032.16% · thinner leg trades $0
Per-asset breakdown
Markets
| Asset | Mark Price ↕ | 24h % ↕ | Funding APR ↕ | Open Interest ↓ | 24h Volume ↕ |
|---|
No market matches
Click an asset to view market overview · Funding rates update every 60s
About Decibel funding & fees
Decibel is a decentralized perpetual exchange (perp DEX) tracked live on ORBIT, listing 72 perpetual markets. Average funding across its markets is +15.25% annualized. ORBIT compares Decibel's funding rates against 35 other venues so you can spot where it diverges from the rest of the market.
Decibel charges 0.045% taker and 0.015% maker fees on perpetuals. Via the ORBIT referral you also get: 1.5 bps maker · 4.5 bps taker. Execution cost matters for funding arbitrage — ORBIT's backtester subtracts both legs' taker fees plus live order-book slippage, so the PnL it shows is net of what you actually pay.
Decibel currently runs an active points program with no token live yet — every trade accrues points toward a future airdrop. That makes it a prime venue for the long leg of a delta-neutral funding trade: you farm points on the position you are holding anyway. Estimate what those points could be worth with the Points Calculator.
To run funding arbitrage with Decibel, find an asset whose funding here diverges from another venue on the Funding Screener, then verify the pair in the backtester.
Frequently asked questions
- What are Decibel trading fees?
- Decibel charges 0.045% taker and 0.015% maker on perpetual futures. ORBIT referral perk: 1.5 bps maker · 4.5 bps taker. Round-trip cost on both legs is what a funding-arbitrage trade has to overcome before it profits.
- Is Decibel a CEX or DEX?
- Decibel is a decentralized perpetual exchange (perp DEX). You trade non-custodially from your own wallet.
- Does Decibel have an airdrop or points program?
- Yes — Decibel is actively distributing points with no token live yet. Trading volume accrues points that may convert to a future airdrop. Stack them on a funding-arbitrage long leg and value them with the ORBIT Points Calculator.
- How do I arbitrage funding rates on Decibel?
- Open the ORBIT Funding Screener, find an asset where Decibel's funding is much higher or lower than another exchange, then go long on the lower-funding venue and short on the higher one in equal size. Backtest the exact pair on ORBIT first to confirm it is profitable net of fees and slippage.