Funding Rates › Funding rate heatmap › AAVE funding rate
Aave (AAVE) Funding Rate
Aave funding tracks DeFi sentiment and the economics of the largest on-chain lending market.
Live cross-venue comparison — 2026-10-20T09:50:55.415Z UTC · 10 venues
As of 2026-10-20 09:50 UTC, AAVE funding ranged from 0.0000% to 0.0100% per 8h across 9 venues (median 0.0052%).
Positive = longs pay shorts (red). Negative = shorts pay longs (green).
Aave (AAVE) funding summary
Aave (AAVE) is listed on 10 venues in the latest snapshot (2026-10-20T09:50:55.415Z UTC). 8 of 9 venues positive (longs pay), 0 negative (shorts pay), 1 at zero.
- Venues listing
- 109 used in statistics
- Median 8h rate
- 0.0052%5.6616% APR
- Highest 8h rate
- 0.0100%Bybit · 10.9500% APR
- Lowest 8h rate
- 0.0000%dYdX · 0.0000% APR
- Max spread (8h)
- 0.0100%10.9500% APR-equivalent
- Positive / negative
- 8 / 01 at zero
Statistics use one value per venue (the median if a venue lists several contracts), skip closed markets, GMX (pool-skew funding with a separate borrowing fee) and LeverUp markets routed to Hyperliquid (they would double count Hyperliquid). Every row is still shown in the table below.
Aave (AAVE) funding rates by venue
Every AAVE market in the latest snapshot, highest 8h rate first. Rate per interval is the amount paid at each settlement; 1h, 8h and APR are normalised so venues with different intervals compare directly. See the Hyperliquid funding rates page for core and HIP-3 markets.
| Venue | Venue symbol | Rate / interval | 1h | 8h | APR | Interval | Next funding | Mark price | Market open |
|---|---|---|---|---|---|---|---|---|---|
| GMX | AAVE/USD [AAVE-USDC] | 0.0017% | 0.0017% | 0.0137% | 15.0403% | 1h | — | — | open |
| Bybit | AAVE | 0.0100% | 0.0013% | 0.0100% | 10.9500% | 8h | in 6h | — | open |
| Aster | AAVEUSDT | 0.0100% | 0.0013% | 0.0100% | 10.9500% | 8h | in 6h | — | open |
| edgeX | AAVEUSDC | 0.0050% | 0.0013% | 0.0100% | 10.9500% | 4h | — | — | open |
| OKX | AAVE-USDT-SWAP | 0.0070% | 0.0009% | 0.0070% | 7.7014% | 8h | in 14h | — | open |
| Binance | AAVE | 0.0053% | 0.0007% | 0.0053% | 5.7860% | 8h | in 6h | — | open |
| Hyperliquid | AAVE | 0.0006% | 0.0006% | 0.0052% | 5.6616% | 1h | in 6m | $147.36 | open |
| Lighter | AAVE | 0.0003% | 0.0003% | 0.0024% | 2.6280% | 1h | — | — | open |
| Paradex | AAVE-USD-PERP | 0.0012% | 0.0001% | 0.0012% | 1.2896% | 8h | — | — | open |
| dYdX | AAVE-USD | 0.0000% | 0.0000% | 0.0000% | 0.0000% | 1h | in 6m | $147.22 | open |
| Aster | AAVEUSD | 0.0000% | 0.0000% | 0.0000% | 0.0000% | 8h | in 6h | — | open |
What does Aave (AAVE) funding cost?
Worked example for a $10,000 long held for 1 day and 7 days, using each rate from the table above as if it stayed constant (it will not). Funding is charged on notional, not margin.
| Scenario | 8h rate | 1 day | 7 days |
|---|---|---|---|
| Median (9 venues) | 0.0052% | $1.55 paid | $10.86 paid |
| Highest: Bybit | 0.0100% | $3.00 paid | $21.00 paid |
| Lowest: dYdX | 0.0000% | $0.00 | $0.00 |
Cross-venue spread idea
In principle a trader could go long where funding is lowest (dYdX) and short where it is highest (Bybit) and collect the difference. At the current rates, $10,000 on each side would be a net $3.00 received per day before costs.
Caveat: this is an illustration, not advice. Real results depend on trading fees, price basis between the two contracts, different settlement intervals (a rate can change before you are paid), margin on both venues, liquidation risk on either leg, and funding changing sign. The funding rate arbitrage scanner ranks these gaps across every asset and explains the risks.
Try your own size and hold time in the funding rate calculator with AAVE preselected. To estimate liquidation price and margin for the same position, use the Crypto Leverage Calculator.
Aave (AAVE) funding history
Rolling hourly summary of the cross-venue 8h rate (median across venues, plus the lowest and highest venue reading in each sample). History is still building (3 hourly samples since 2026-10-20 07:00 UTC), so the 24h and 7d rows cover less than their full window.
| Window | Samples | Avg median 8h | Lowest venue 8h | Highest venue 8h | Avg median APR |
|---|---|---|---|---|---|
| Last 24h | 3 | 0.0046% | -0.0122% | 0.0100% | 5.0763% |
| Last 7d | 3 | 0.0046% | -0.0122% | 0.0100% | 5.0763% |
What drives Aave (AAVE) funding rates
Aave is one of the largest on-chain lending protocols, and AAVE is its governance token. As a DeFi blue chip it moves with Ether and the broader DeFi sector, and its perp funding reflects the leverage traders take on that theme. When borrowing demand and DeFi activity grow, AAVE often outperforms and funding rises as longs crowd in; in a DeFi downturn the opposite happens.
Protocol decisions are a direct catalyst. Governance proposals on revenue distribution, token buybacks, new market deployments or risk-parameter changes can shift expectations about the token's value accrual, and traders position around votes and announcements. Large liquidation events in lending markets, which tend to coincide with sharp price drops, can also affect sentiment.
AAVE has a smaller hedging base than Bitcoin or Ether, so funding can drift further from baseline and cross-venue gaps can persist. Market makers keep the biggest venues roughly aligned, but smaller books may differ.
Interest-rate dynamics inside DeFi also matter. When on-chain borrowing costs rise, they compete with perp funding as the price of leverage; traders can choose where to take leverage, which pulls the two costs toward each other over time.
Where AAVE is listed
AAVE is listed on the major centralised exchanges and on most on-chain perp venues, giving broad table coverage.
What to watch
What to watch: governance votes, liquidation waves in DeFi lending, and whether AAVE funding is moving with ETH or diverging. Divergence usually reflects protocol-specific positioning.
Aave (AAVE) funding rate FAQ
What is the current AAVE funding rate?
At 2026-10-20T09:50:55.415Z UTC the median AAVE funding rate across 9 venues is 0.0052% per 8 hours (5.6616% APR), ranging from 0.0000% on dYdX to 0.0100% on Bybit. Positive means longs pay shorts.
What drives Aave funding?
DeFi sentiment, correlation with Ether, and governance and revenue decisions at the protocol.
How do DeFi borrowing rates relate to perp funding?
Both are prices of leverage, so traders can shift between them, which tends to align the two over time.
Why does AAVE funding vary across venues?
Different user bases, book depth and formulas; check the interval and symbol columns.