AAVE funding rates

AAVE perpetual funding across 15 venues. Rates are annualized (APR); positive means longs pay shorts.

· refreshed every 5 min

Best pair · 7d
16.0%long Variational, short RISEx · net 14.4%
Highest funding now
12.5%RISEx
Lowest funding now
−66.6%Polymarket
Listed on
15 venues

Funding by venue

7d chartFlagsOpen
RISExAAVE/USDC12.5%13.4%13.0%9.9%13.0%94%1h04:00168.08$211k$153kRxRISEx
ExtendedAAVE-USD11.4%7.1%6.9%7.7%6.9%82%1h04:00167.95$1.2M$472kExExtended
HyperliquidAAVE10.9%8.1%10.4%10.3%10.7%98%1h—168.19$74.8M$10.1MHyHyperliquid
AsterAAVEUSDT10.9%10.9%10.9%10.3%10.9%100%8h08:00168.29$997k$301kAsAster
BitgetCEXAAVEUSDT10.9%10.1%8.8%5.5%8.6%93%8h08:00168.20$31.8M$7.5MBgBitget
LighterAAVE10.5%10.5%10.5%11.4%10.5%100%1h04:00168.50$4.7M$860kLiLighter
GRVTAAVE_USDT_Perp9.0%9.9%8.1%8.1%7.9%95%8h08:00168.14$547k$3.0MGrGRVT
BybitCEXAAVEUSDT5.3%1.6%1.5%4.3%1.5%77%8h08:00168.12$58.5M$24.4MByBybit
MEXCCEXAAVE_USDT3.9%3.8%4.1%5.9%4.1%79%8h08:00168.17$20.2M$27.7MMxMEXC
BinanceCEXAAVEUSDT3.9%3.4%3.8%6.1%3.9%75%8h08:00168.18$63.9M$90.6MBnBinance
GateCEXAAVE_USDT2.1%1.2%3.0%5.2%3.2%64%8h08:00168.19$71.1M$4.7MGtGate
RWA PerpPERP_AAVE_USDC1.4%2.5%6.8%5.6%7.5%86%8h08:00167.98$20k$51kRwRWA Perp
VariationalAAVE−3.3%−2.7%−2.9%0.4%−3.0%18%8h—168.11$4.4M$912kVaVariational
NadoAAVE-PERP_USDT0−5.9%−0.1%6.4%8.4%7.5%82%1h04:00168.25$555k$79kNaNado
PolymarketAAVE-USD−66.6%−40.6%−5.0%6.8%1.0%54%1h04:00168.01$208k$3.5MPmPolymarket

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
Spread APRAfter taker feesQuality
7d trendFlagsOpenCalc
VariationalRISEx15.8%16.0%16.0%9.5%14.4%21.6%1.4dsteady$211k8h/1hspread not incl.VaRxcalc
VariationalLighter13.8%13.2%13.5%10.9%13.5%20.2%<0.1dsteady$4.4M8h/1hspread not incl.VaLicalc
VariationalAster14.3%13.6%13.9%9.8%11.8%17.7%2.1dsteady$997kspread not incl.VaAscalc
VariationalHyperliquid14.3%10.8%13.3%9.9%11.0%16.4%2.5dsteady$4.4M8h/1hspread not incl.VaHycalc
VariationalGRVT12.3%12.5%11.1%7.6%8.8%13.1%3.0dsteady$547kspread not incl.VaGrcalc
VariationalBitgetCEX14.3%12.8%11.7%5.0%8.6%12.9%3.7dsteady$4.4Mspread not incl.VaBgcalc
VariationalExtended14.7%9.7%9.9%7.3%8.6%12.9%1.8dsteady$1.2M8h/1hspread not incl.VaExcalc
VariationalNado−2.6%2.5%9.4%8.0%7.6%11.4%2.7dcooling$555k8h/1hspread not incl.VaNacalc
PolymarketRISEx79.1%54.0%18.0%3.1%14.3%21.5%2.8dspike ×4.5$208kinvite onlyPmRxcalc
BybitCEXRISEx7.2%11.8%11.5%5.6%7.0%10.6%5.4dsteady$211k8h/1hByRxcalc
MEXCCEXRISEx8.6%9.6%8.9%4.0%6.3%9.5%4.1dsteady$211k8h/1hMxRxcalc
BybitCEXLighter5.2%8.9%9.0%7.1%6.1%9.1%4.5dsteady$4.7M8h/1hByLicalc
VariationalMEXCCEX7.2%6.4%7.0%5.5%6.0%9.0%2.1dsteady$4.4Mspread not incl.VaMxcalc
PolymarketAster77.5%51.6%15.9%3.5%11.7%17.6%3.7dspike ×5.2$208k1h/8hinvite onlyPmAscalc
PolymarketHyperliquid77.5%48.8%15.3%3.5%10.9%16.3%4.1dspike ×5.0$208kinvite onlyPmHycalc
MEXCCEXLighter6.6%6.7%6.4%5.4%5.4%8.1%2.3dsteady$4.7M8h/1hMxLicalc
BinanceCEXRISEx8.6%9.9%9.2%5.3%5.0%7.6%6.3dsteady$211k8h/1hBnRxcalc
GateCEXRISEx10.4%12.2%10.1%4.7%4.6%6.9%7.6dsteady$211k8h/1hGtRxcalc
BybitCEXAster5.6%9.3%9.4%6.0%4.4%6.7%7.4dsteady$997kByAscalc
PolymarketGRVT75.6%50.5%13.1%1.3%8.7%13.0%4.7dspike ×7.4$208k1h/8hinvite onlyPmGrcalc
PolymarketBitgetCEX77.5%50.8%13.7%−1.3%8.5%12.8%5.3dspike ×6.7$208k1h/8hinvite onlyPmBgcalc
PolymarketExtended78.0%47.7%11.9%0.9%8.5%12.7%4.0dspike ×8.1$208kinvite onlyPmExcalc
VariationalBinanceCEX7.2%6.1%6.8%5.4%4.2%6.2%5.4dsteady$4.4Mspread not incl.VaBncalc
BinanceCEXLighter6.6%7.1%6.7%5.4%4.1%6.1%5.5dsteady$4.7M8h/1hBnLicalc
PolymarketNado60.7%40.5%11.4%1.6%7.5%11.2%4.8dspike ×6.2$208kinvite onlyPmNacalc
MEXCCEXAster7.0%7.2%6.9%4.3%3.7%5.6%6.4dsteady$997kMxAscalc
GateCEXLighter8.4%9.3%7.6%6.1%3.6%5.5%7.2dsteady$4.7M8h/1hGtLicalc
BybitCEXHyperliquid5.6%6.5%8.8%6.0%3.6%5.4%8.3dsteady$58.5M8h/1hByHycalc
PolymarketLighter77.1%51.2%15.5%4.6%13.4%20.1%1.9dspike ×5.4$208kinvite onlyPmLicalc
ExtendedRISEx1.1%6.3%6.1%2.2%3.2%4.8%6.6dsteady$211kExRxcalc
NadoRISEx18.4%13.5%6.6%1.5%3.2%4.8%7.2dsteady$211kNaRxcalc
MEXCCEXHyperliquid7.0%4.4%6.3%4.4%2.9%4.3%7.6dsteady$20.2M8h/1hMxHycalc
BinanceCEXAster7.1%7.5%7.1%4.4%2.4%3.7%9.2dsteady$997kBnAscalc
GateCEXAster8.9%9.7%8.0%5.1%2.0%3.0%10dsteady$997kGtAscalc
VariationalGateCEX5.4%3.9%5.9%4.8%2.0%3.0%9.3dsteady$4.4Mspread not incl.VaGtcalc
VariationalBybitCEX8.6%4.3%4.5%3.9%1.6%2.4%8.9dweak$4.4Mspread not incl.VaBycalc
BinanceCEXHyperliquid7.1%4.7%6.5%5.1%1.6%2.4%11dsteady$63.9M8h/1hBnHycalc
PolymarketMEXCCEX70.5%44.4%9.0%−0.8%5.9%8.9%4.8dspike ×14.1$208k1h/8hinvite onlyPmMxcalc
BybitCEXGRVT3.7%8.3%6.6%3.7%1.4%2.1%11dsteady$547kByGrcalc
BybitCEXBitgetCEX5.6%8.5%7.2%1.2%1.2%1.9%12dsteady$31.8MByBgcalc
BybitCEXExtended6.1%5.4%5.4%3.4%1.2%1.8%11dsteady$1.2M8h/1hByExcalc
GateCEXHyperliquid8.9%6.9%7.4%5.1%1.2%1.7%12dsteady$71.1M8h/1hGtHycalc
ExtendedLighter−0.9%3.4%3.6%3.7%2.3%3.4%5.1dmixed$1.2MExLicalc
NadoLighter16.4%10.6%4.1%2.9%2.2%3.4%6.3dmixed$555kNaLicalc
PolymarketBinanceCEX70.5%44.1%8.8%2.0%4.1%6.1%7.5dspike ×15.3$208k1h/8hinvite onlyPmBncalc
GRVTRISEx3.5%3.5%4.9%1.9%1.0%1.5%11dsteady$211k8h/1hGrRxcalc
PolymarketGateCEX68.7%41.9%7.9%−1.6%1.9%2.9%11dspike ×18.6$208k1h/8hinvite onlyPmGtcalc
LighterRISEx2.0%2.9%2.5%−1.4%1.0%1.4%8.7dweak$211kLiRxcalc
MEXCCEXGRVT5.0%6.1%4.1%2.1%0.7%1.0%12dweak$547kMxGrcalc
MEXCCEXBitgetCEX7.0%6.3%4.7%−0.5%0.5%0.8%12dweak$20.2MMxBgcalc
MEXCCEXExtended7.4%3.3%2.8%1.8%0.5%0.7%12dweak$1.2M8h/1hMxExcalc
PolymarketBybitCEX71.9%42.3%6.5%−2.5%1.5%2.3%11dspike ×78.1$208k1h/8hinvite onlyPmBycalc
ExtendedAster−0.4%3.9%4.0%2.6%0.6%0.9%12dmixed$997k1h/8hExAscalc
NadoAster16.8%11.1%4.5%1.9%0.6%0.9%12dmixed$555k1h/8hNaAscalc
BybitCEXNado−11.2%−1.8%4.9%4.1%0.2%0.3%13dcooling$555k8h/1hByNacalc
GRVTLighter1.5%0.6%2.4%3.3%0.0%0.0%14dmixed$547k8h/1hGrLicalc
PolymarketVariational63.3%38.0%2.0%−6.3%−0.1%−0.1%15dspike$208k1h/8hinvite onlyspread not incl.PmVacalc
ExtendedHyperliquid−0.4%1.1%3.4%2.6%−0.2%−0.3%15dmixed$1.2MExHycalc
BitgetCEXRISEx1.6%3.3%4.2%4.5%−0.5%−0.7%15dweak$211k8h/1hBgRxcalc
MEXCCEXNado−9.8%−3.9%2.4%2.5%−0.5%−0.8%17dweak$555k8h/1hMxNacalc
NadoHyperliquid16.8%8.3%3.9%1.9%−0.3%−0.4%15dmixed$555kNaHycalc
BinanceCEXGRVT5.1%6.4%4.3%2.9%−0.6%−0.9%16dweak$547kBnGrcalc
BinanceCEXBitgetCEX7.1%6.7%5.0%0.7%−0.8%−1.2%16dweak$31.8MBnBgcalc
BinanceCEXExtended7.5%3.6%3.1%2.3%−0.8%−1.2%18dweak$1.2M8h/1hBnExcalc
GateCEXGRVT6.9%8.7%5.2%2.8%−1.1%−1.6%17dweak$547kGtGrcalc
GateCEXBitgetCEX8.9%8.9%5.8%0.2%−1.2%−1.8%17dsteady$31.8MGtBgcalc
GateCEXExtended9.3%5.9%4.0%2.5%−1.2%−1.9%18dweak$1.2M8h/1hGtExcalc
HyperliquidRISEx1.6%5.2%2.7%−0.4%−1.2%−1.9%21dweak$211kHyRxcalc
BybitCEXMEXCCEX−1.4%2.2%2.5%1.6%−1.4%−2.0%22dweak$20.2MByMxcalc
AsterRISEx1.6%2.4%2.1%−0.4%−1.6%−2.4%25dweak$211k8h/1hAsRxcalc
GRVTAster2.0%1.1%2.8%2.2%−1.6%−2.4%22dweak$547kGrAscalc
LighterAster0.4%0.4%0.4%−1.1%−1.6%−2.5%67dweak$997k1h/8hLiAscalc
BinanceCEXNado−9.8%−3.6%2.6%2.5%−1.8%−2.7%24dweak$555k8h/1hBnNacalc
GateCEXNado−8.0%−1.3%3.5%3.2%−2.2%−3.4%23dweak$555k8h/1hGtNacalc
GRVTHyperliquid2.0%−1.7%2.2%2.3%−2.5%−3.7%30dweak$547k8h/1hGrHycalc
LighterHyperliquid0.4%−2.4%−0.1%−1.0%−2.5%−3.7%—weak$4.7MLiHycalc
NadoExtended17.3%7.2%0.5%−0.7%−2.6%−4.0%90dweak$555kNaExcalc
BitgetCEXLighter−0.4%0.4%1.7%5.9%−1.4%−2.1%25dmixed$4.7M8h/1hBgLicalc
BitgetCEXAster0.0%0.8%2.2%4.8%−3.1%−4.6%34dweak$997kBgAscalc
BybitCEXBinanceCEX−1.4%1.8%2.3%2.2%−3.2%−4.8%34dweak$58.5MByBncalc
BinanceCEXMEXCCEX0.1%0.3%0.3%0.1%−3.4%−5.1%187dweak$20.2MBnMxcalc
GateCEXMEXCCEX1.9%2.6%1.1%0.7%−3.8%−5.7%61dweak$20.2MGtMxcalc
HyperliquidAster0.0%2.8%0.6%0.0%−3.8%−5.8%106dweak$997k1h/8hHyAscalc
BitgetCEXHyperliquid0.0%−2.0%1.6%4.9%−3.9%−5.8%49dweak$31.8M8h/1hBgHycalc
HyperliquidLighter−0.4%2.4%0.1%1.0%−2.2%−3.3%221dmixed$4.7MHyLicalc
GRVTBitgetCEX2.0%0.2%0.6%−2.6%−4.8%−7.3%120dweak$547kGrBgcalc
LighterBitgetCEX0.4%−0.4%−1.7%−5.9%−4.9%−7.3%—weak$4.7M1h/8hLiBgcalc
GRVTExtended2.4%−2.8%−1.2%−0.3%−4.9%−7.3%—weak$547k8h/1hGrExcalc
ExtendedGRVT−2.4%2.8%1.2%0.3%−2.4%−3.7%42dmixed$547k1h/8hExGrcalc
LighterExtended0.9%−3.4%−3.6%−3.7%−4.9%−7.3%—weak$1.2MLiExcalc
NadoGRVT14.9%10.0%1.7%−0.4%−2.5%−3.7%34dmixed$547k1h/8hNaGrcalc
ExtendedBitgetCEX−0.4%3.0%1.9%−2.2%−2.6%−3.9%33dmixed$1.2M1h/8hExBgcalc
NadoBitgetCEX16.8%10.2%2.3%−3.0%−2.6%−3.9%30dmixed$555k1h/8hNaBgcalc
GateCEXBinanceCEX1.8%2.2%0.9%0.2%−5.7%−8.5%105dweak$63.9MGtBncalc
BitgetCEXExtended0.4%−3.0%−1.9%2.2%−6.3%−9.4%—weak$1.2M8h/1hBgExcalc
HyperliquidExtended0.4%−1.1%−3.4%−2.6%−7.1%−10.6%—weak$1.2MHyExcalc
AsterExtended0.4%−3.9%−4.0%−2.6%−7.4%−11.1%—weak$997k8h/1hAsExcalc
NadoMEXCCEX9.8%3.9%−2.4%−2.5%−5.2%−7.8%—mixed$555k1h/8hNaMxcalc
BybitCEXGateCEX−3.2%−0.4%1.4%0.9%−5.4%−8.1%68dmixed$58.5MByGtcalc
MEXCCEXBybitCEX1.4%−2.2%−2.5%−1.6%−6.5%−9.7%—mixed$20.2MMxBycalc
NadoBinanceCEX9.8%3.6%−2.6%−2.5%−7.1%−10.6%—mixed$555k1h/8hNaBncalc
BinanceCEXBybitCEX1.4%−1.8%−2.3%−2.2%−7.7%−11.6%—mixed$58.5MBnBycalc
GateCEXBybitCEX3.2%0.4%−1.4%−0.9%−8.2%−12.3%—mixed$58.5MGtBycalc
NadoGateCEX8.0%1.3%−3.5%−3.2%−9.2%−13.8%—mixed$555k1h/8hNaGtcalc
NadoBybitCEX11.2%1.8%−4.9%−4.1%−9.6%−14.4%—mixed$555k1h/8hNaBycalc
NadoVariational2.6%−2.5%−9.4%−8.0%−11.2%−16.8%—mixed$555k1h/8hspread not incl.NaVacalc
What the columns and badges mean
now
Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h
Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d
Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d
Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend
Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR
7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital
Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven
Days of 7d-average funding needed to pay back open+close taker fees.
Min OI
Smaller open interest of the two legs, USD.
steady
Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike
The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed
The spread was negative too often: not negative in only X% of hours over 7 days.
new
Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak
Prior-week spread under 5% APR: too small to call steady.
cooling
The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?
Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale
At least one leg has not updated for over 30 minutes.
low OI
Open interest under $50k on at least one leg — size carefully.
8h/1h
Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi
Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only
Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.
A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX
Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 03:56 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

Indicative (mark or mid prices): buy on Extended at 167.947, sell on Lighter at 168.505: 0.332% before fees, 0.282% after taker fees.

AAVE: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →Lighter168.505Aster168.289Nado168.254Bitget168.2Gate168.19Hyperliquid168.19Binance168.18MEXC168.17GRVT168.137Bybit168.12Variational168.109RISEx168.076Polymarket168.01RWA Perp167.98Extended167.947
Extended167.9470.332%0.203%0.182%0.150%0.144%0.144%0.138%0.132%0.113%0.103%0.096%0.077%0.037%0.019%—
RWA Perp167.980.312%0.184%0.163%0.131%0.125%0.125%0.119%0.113%0.093%0.083%0.077%0.057%0.018%—−0.019%
Polymarket168.010.294%0.166%0.145%0.113%0.107%0.107%0.101%0.095%0.076%0.065%0.059%0.039%—−0.018%−0.037%
RISEx168.0760.255%0.126%0.106%0.074%0.068%0.068%0.062%0.056%0.036%0.026%0.020%—−0.039%−0.057%−0.077%
Variational168.1090.235%0.107%0.086%0.054%0.048%0.048%0.042%0.036%0.017%0.006%—−0.020%−0.059%−0.077%−0.096%
Bybit168.120.229%0.100%0.079%0.048%0.042%0.042%0.036%0.030%0.010%—−0.006%−0.026%−0.065%−0.083%−0.103%
GRVT168.1370.219%0.090%0.069%0.037%0.031%0.031%0.026%0.020%—−0.010%−0.017%−0.036%−0.076%−0.093%−0.113%
MEXC168.170.199%0.071%0.050%0.018%0.012%0.012%0.006%—−0.020%−0.030%−0.036%−0.056%−0.095%−0.113%−0.132%
Binance168.180.193%0.065%0.044%0.012%0.006%0.006%—−0.006%−0.026%−0.036%−0.042%−0.062%−0.101%−0.119%−0.138%
Gate168.190.187%0.059%0.038%0.006%—0.000%−0.006%−0.012%−0.031%−0.042%−0.048%−0.068%−0.107%−0.125%−0.144%
Hyperliquid168.190.187%0.059%0.038%0.006%0.000%—−0.006%−0.012%−0.031%−0.042%−0.048%−0.068%−0.107%−0.125%−0.144%
Bitget168.20.181%0.053%0.032%—−0.006%−0.006%−0.012%−0.018%−0.037%−0.048%−0.054%−0.074%−0.113%−0.131%−0.150%
Nado168.2540.150%0.021%—−0.032%−0.038%−0.038%−0.044%−0.050%−0.069%−0.079%−0.086%−0.106%−0.145%−0.163%−0.182%
Aster168.2890.129%—−0.021%−0.053%−0.059%−0.059%−0.065%−0.071%−0.090%−0.100%−0.107%−0.126%−0.166%−0.184%−0.203%
Lighter168.505—−0.129%−0.150%−0.181%−0.187%−0.187%−0.193%−0.199%−0.219%−0.229%−0.235%−0.255%−0.294%−0.312%−0.332%
All quotes (15)
VenueBidAskQualityAgeVol 24hFlags
Aster168.289168.289mark4m$301kno FX
BinanceCEX168.18168.18mark3m$90.6Mno FX
BitgetCEX168.2168.2mark3m$7.5Mno FX
BybitCEX168.12168.12mark3m$24.4Mno FX
Extended167.947167.947mark4m$472k
GateCEX168.19168.19mark3m$4.7Mno FX
GRVT168.137168.137mark4m$3.0Mno FX
Hyperliquid168.19168.19mark4m$10.1M
Lighter168.505168.505mark4m$860k
MEXCCEX168.17168.17mark4m$27.7Mno FX
Nado168.254168.254mark4m$79kno FX
Polymarket168.01168.01mark4m$3.5M
RISEx168.076168.076mark4m$153k
RWA Perp167.98167.98mark4m$51k
Variational168.109168.109mark4m$912k

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

↗ buttons open the exchange; some are referral links and we may earn a commission at no extra cost to you.