AAVE Funding Rate — live across 22 venues
Compared across 22 supported venues · net of estimated fees · updated every few minutes
Live annualized AAVE perpetual funding across all 22 venues Perpia tracks. Right now AAVE funding is positive on 17 and negative on 3, ranging from +11.4% on Extended to -8.4% on Variational — a spread of 19.8%. The widest delta-neutral trade is long Variational / short Nado at 17.6% 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.
AAVE funding rate by venue
114 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Extended↗ | +11.4% | 1h |
| Nado↗ | +10.9% | 24h |
| Vest↗ | +10.9% | 1h |
| Sodex↗ | +10.9% | 1h |
| BackPack↗ | +10.9% | 1h |
| BingX↗ | +10.9% | 8h |
| Aster↗ | +10.9% | 8h |
| Hyperliquid↗ | +10.9% | 1h |
| Pacifica↗ | +10.9% | 1h |
| Risex↗ | +10.9% | 1h |
| Arcus↗ | +10.9% | 1h |
| Bitget↗ | +10.9% | 8h |
| Lighter↗ | +10.5% | 8h |
| Gate.io↗ | +9.3% | 8h |
| Binance↗ | +6.1% | 8h |
| MEXC↗ | +6.0% | 8h |
| OKX↗ | +5.5% | 8h |
| dYdX↗ | +0.0% | 1h |
| GMTrade↗ | +0.0% | 1h |
| KuCoin↗ | -1.5% | 8h |
| Bybit↗ | -6.0% | 8h |
| Variational↗ | -8.4% | 8h |
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 Variational vs Nado page.
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AAVE funding — FAQ
Is AAVE funding positive right now?
AAVE perpetual funding is positive on 17 of 22 venues Perpia tracks and negative on 3. The highest is +11.4% on Extended; the lowest is -8.4% on Variational.
What is the best AAVE funding arbitrage right now?
Go long Variational and short Nado for about 17.6% net APR after fees — the widest delta-neutral AAVE spread Perpia currently sees.
Which exchange has the highest AAVE funding rate?
Extended, at +11.4% 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
Markets also quoted on both Nado and Variational — the same two exchanges you would already have funded for the AAVE trade.
See every spread between them on the Nado vs Variational page.