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AAVE funding rate live

The open-interest-weighted AAVE funding rate is 0.0037% per 8 hours (≈4% APR) across 4 perpetual markets, so longs pay shorts. The highest rate is 0.0100% on Hyperliquid (AAVE) and the lowest -0.0052% on Binance (AAVEUSDC), a spread of 0.0152% per 8h (≈17% APR). Funding is positive on 2 and negative on 2 of them, so the exchanges disagree on which side is crowded. These markets hold $191.36M of open interest. Rates are converted to an 8-hour equivalent so exchanges with different funding intervals compare directly.

Tracking for 40 min Updates every 5 s AAVE overview

Funding, 8hOI-weighted
0.0037%
≈4% APRlongs pay shorts
HighestHyperliquid
0.0100%
≈11% APRAAVE
LowestBinance
-0.0052%
≈-6% APRAAVEUSDC
Spread between exchanges
0.0152%
≈17% APRArbitrage →

AAVE funding rate by exchange

8h equivalent · hover a rate for the exact APR
Market Funding 8h APR Who pays Open interest OI share 24h volume Price Trade
Hyperliquid AAVE 0.0100% 11% Longs pay $83.23M 43.5% $8.61M 154.87 Trade
Binance AAVEUSDT 0.0011% 1% Longs pay $67.98M 35.5% $133.36M 154.64 Trade
Bybit AAVEUSDT -0.0051% -6% Shorts pay $32.32M 16.9% $39.97M 154.61 Trade
Binance AAVEUSDC -0.0052% -6% Shorts pay $7.82M 4.1% $8.32M 154.51 Trade

Sorted by open interest. Exchanges settle funding every 1, 4 or 8 hours; every rate here is converted to 8 hours. Trade links go to the exchange and may be referral links. Compare every coin on the funding rates page.

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About the AAVE funding rate

What is the AAVE funding rate?

AAVE perpetual futures never expire, so exchanges keep their price near spot with funding: a periodic payment between longs and shorts. When the perp trades above spot, the rate is positive and longs pay shorts; below spot it turns negative and shorts pay longs. The payment is a percentage of position size, charged every 1, 4 or 8 hours depending on the exchange.

How to read it

Binance and Bybit's default rate when the perp is in line with spot is 0.0100% per 8h (about 11% APR). Well above that means leveraged longs are paying up to hold AAVE; negative means shorts are crowded. The APR column shows what holding a position costs or earns over a year at today's rate. A wide spread between exchanges is what funding arbitrage traders look for.

Why do exchanges show different rates?

Each exchange computes funding from its own order book and premium, so the AAVE rate differs by venue, and intervals differ too. Volume Monitor converts every rate to an 8-hour equivalent and weights the headline figure by open interest. Rates update every few seconds from the exchanges' public feeds.