AAVE funding rate on Phoenix

Funding APR
+13.71%
0.0016% / 1h
Interval
1h
next 22:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
18
listing this pair

Over the last 30 days, AAVE funding on Phoenix averaged +7.3% APR and stayed positive 71.3% of the time, ranging from -16.3% to +58.0%. Right now it pays longs pay shorts at +13.7% APR, settled every 1h across 18 venues we track. The most reliable delta-neutral pairing for AAVE right now is long Decibel / short Nado at +12.5% net APR (low risk, ~0.8d to break even).

as of 2026-09-05 21:44 UTC

AAVE funding history on Phoenixlast 30d

30d average
+7.25%
Range
-16% / 58%
% positive
71.3%
Volatility
11.9
Best delta-neutral pairing
Long Decibel / Short Phoenix
+13.4% net APR
Backtested (30d)
+23.6%
Stability
100%
Risk
medium
Breakeven
~1.1d

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

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How AAVE funding compares across venues

ExchangeFunding APR
Phoenix+13.71%
Extended+11.39%
RiseX+11.05%
Hyperliquid+10.95%
Pacifica+10.95%
Polymarket+10.95%
Arcus+10.95%
TxFlow+10.95%
Aster+10.95%
Grvt+10.95%
SoDEX+10.95%
Nado+10.95%
Paradex+10.92%
Lighter+10.51%
Variational+4.45%
dYdX+0.00%
Decibel-5.26%
Kraken-8.82%

Frequently asked

What is the current AAVE funding rate on Phoenix?

AAVE on Phoenix is funding at 13.71% APR (0.0016% every 1h), paid longs pay shorts, as of 2026-09-05 21:44 UTC.

How often does Phoenix pay funding on AAVE?

Every 1 hour.

How do I earn AAVE funding without price risk?

Open a delta-neutral position: long Decibel and short Phoenix, currently 13.4% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy