AAVE funding rates

AAVE perpetual funding is currently quoted across 20 venues, ranging from -20.1% to +32.0% APR. The most reliable delta-neutral pairing for AAVE right now is long Decibel / short RiseX at +35.5% net APR (low risk, ~1.6d to break even).

as of 2026-09-12 14:38 UTC
Best delta-neutral pairing
Long Decibel / Short RiseX
+35.5% net APR
Backtested (30d)
+27.3%
Stability
99.4%
Risk
low
Breakeven
~1.6d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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AAVE funding by exchange

ExchangeFunding APR
RiseX+32.03%
Extended+11.39%
Polymarket+10.95%
Arcus+10.95%
Aster+10.95%
Bulk+10.95%
Lighter+10.51%
SoDEX+10.44%
Grvt+10.29%
Hyperliquid+7.01%
Kraken+6.57%
Paradex+6.49%
Phoenix+0.70%
Nado+0.60%
dYdX+0.00%
Pacifica-1.75%
Variational-4.54%
TxFlow-12.52%
Decibel-16.64%
n1xyz-20.15%

Frequently asked

What is the AAVE funding rate right now?

AAVE perpetual funding ranges from -20.15% to 32.03% APR across 20 exchanges we track; the widest delta-neutral spread is long Decibel / short RiseX at 35.5% net APR.

Which exchange has the highest AAVE funding rate?

RiseX currently has the highest at 32.03% APR. See the full ranking above.