AAVE Funding Rate — live across 24 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized AAVE perpetual funding across all 24 venues Perpia tracks. Right now AAVE funding is positive on 13 and negative on 10, ranging from +10.9% on Vest to -48.8% on Ethereal — a spread of 59.8%. The widest delta-neutral trade is long Ethereal / short Vest at 56.5% net APR.
AAVE funding rate by venue
168 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Vest | +10.9% | 1h |
| Aster | +10.9% | 8h |
| EdgeX | +10.9% | 4h |
| Hyperliquid | +10.9% | 1h |
| BackPack | +10.9% | 1h |
| Risex | +9.0% | 1h |
| OKX | +8.6% | 8h |
| Nado | +3.3% | 24h |
| GMTrade | +2.5% | 1h |
| 01 | +0.9% | 1h |
| Bybit | +0.6% | 8h |
| Binance | +0.4% | 8h |
| MEXC | +0.3% | 8h |
| dYdX | +0.0% | 1h |
| Bitget | -0.4% | 8h |
| BingX | -0.9% | 8h |
| Paradex | -1.1% | 8h |
| Extended | -3.5% | 1h |
| Variational | -5.8% | 8h |
| Gate.io | -9.3% | 8h |
| Pacifica | -9.8% | 1h |
| KuCoin | -12.7% | 8h |
| Lighter | -21.0% | 8h |
| Ethereal | -48.8% | 1h |
Rates annualized; updated ~every few minutes from live venue data.
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AAVE funding — FAQ
Is AAVE funding positive right now?
AAVE perpetual funding is positive on 13 of 24 venues Perpia tracks and negative on 10. The highest is +10.9% on Vest; the lowest is -48.8% on Ethereal.
What is the best AAVE funding arbitrage right now?
Go long Ethereal and short Vest for about 56.5% 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-rate arbitrage is delta-neutral: you go long the venue paying the most negative funding and short the one paying the most positive, so price moves cancel and you collect the spread. The catch is liquidity — a huge APR on a thin book caps at a few thousand dollars and often flips within hours. Perpia shows the max size after slippage and tracks whether a spread holds, so you filter instead of chasing the number.