AAVE Funding Rate — live across 24 venues
Perpetual funding · compared across 24 venues · net of estimated fees · updated every few minutesLive annualized AAVE perpetual funding across all 24 venues Perpia tracks. Right now AAVE funding is positive on 19 and negative on 4, ranging from +10.9% on Vest to -7.8% on Risex — a spread of 18.8%. The widest delta-neutral trade is long Risex / short Lighter at 16.7% net APR.
AAVE funding trend & liquidity
168h of historyAverages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.
Loading AAVE rate history…
Build a route
any two of the 24 venuesThis is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.
Venues: pick the two legs
sorted by rate · 24 venues| Venue | Funding APR ↓ | Interval | Use as |
|---|---|---|---|
| Vest↗ | +10.9% | every 1h | |
| Aster↗ | +10.9% | every 8h | |
| BackPack↗ | +10.9% | every 1h | |
| Arcus↗ | +10.9% | every 1h | |
| Pacifica↗ | +10.9% | every 1h | |
| HTX↗ | +10.9% | every 8h | |
| Lighter↗short | +10.5% | every 8h | |
| Hyperliquid↗ | +8.5% | every 1h | |
| BingX↗ | +8.4% | every 8h | |
| Bybit↗ | +8.3% | every 8h | |
| MEXC↗ | +7.9% | every 8h | |
| Binance↗ | +7.8% | every 8h | |
| Gate.io↗ | +5.9% | every 8h | |
| Bitget↗ | +5.6% | every 8h | |
| KuCoin↗ | +4.3% | every 8h | |
| GMTrade↗ | +2.4% | every 1h | |
| Nado↗ | +1.2% | every 24h | |
| Variational↗ | +0.4% | every 8h | |
| OKX↗ | +0.3% | every 8h | |
| dYdX↗ | +0.0% | every 1h | |
| below — these venues pay the longs: this is the leg you buy | |||
| Paradex↗ | −0.2% | every 8h | |
| Extended↗ | −1.8% | every 1h | |
| Sodex↗ | −7.1% | every 1h | |
| Risex↗long | −7.8% | every 1h | |
Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Risex vs Lighter page. 118 pairs scanned for AAVE.
Loading AAVE backtest…
AAVE — FAQ
Is AAVE funding positive right now?
AAVE perpetual funding is positive on 19 of 24 venues Perpia tracks and negative on 4. The highest is +10.9% on Vest; the lowest is -7.8% on Risex.
What is the best AAVE funding arbitrage right now?
Go long Risex and short Lighter for about 16.7% net APR after fees — the widest delta-neutral AAVE spread Perpia currently sees.
Which exchange has the highest AAVE funding rate?
Vest, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How AAVE funding arbitrage works
Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.
Markets related to AAVE
also quoted on both Lighter and RisexThe same two exchanges you would already have funded for the AAVE trade. Every spread between them is on the Lighter vs Risex page.