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AfterFees

Borrow rates · AAVE

Borrow AAVE: rates on every exchange

Annualised margin borrow rates for AAVE at VIP 0, and whether borrowing it to collect negative funding pays after every cost.

Updated 2026-11-12 00:07 UTC

AAVE borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
OKX1.01%1.01%1.01%1.01%$36.2Knot publishedBorrowable
Bitget1.31%1.39%1.40%1.39%$813.1K$359.3KBorrowable
Gate1.45%1.45%1.45%1.45% *$240Knot publishedBorrowable
Binance1.34%1.50%1.77%1.50%$96.7Knot publishedBorrowable
Bybit2.02%2.27%2.67%2.27%$72.5Knot publishedBorrowable

Annualised simply (hourly rate × 8,760). Rate counted = the higher of the current rate and the 24 h average, as in every calculation on AfterFees. * Gate: rate × the published VIP multiplier (inferred).

Reverse carry on AAVE: borrow and sell spot, long the perp

No reverse AAVE carry nets a profit at this size right now.

At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.

AAVE perps, most negative funding first

ExchangeContractRateEveryAnnualised
GateAAVE_USDT-0.0155%8 h−17.0%
LighterAAVE-0.0014%1 h−12.3%
ApeXAAVE-USDT-0.0013%1 h−11.7%
HyperliquidAAVE-0.0008%1 h−7.4%
KuCoinAAVEUSDTM-0.0045%8 h−4.9%
OKXAAVE-USDT-SWAP-0.0043%8 h−4.7%
WhiteBITAAVE_PERP-0.0038%8 h−4.1%
ParadexAAVE-USD-PERP-0.0033%8 h−3.6%

Coins

Funding rates and every arbitrage on this coinAAVE

Questions

Where is it cheapest to borrow AAVE?

OKX, at 1.01% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend AAVE.

Can I earn negative funding on AAVE by borrowing it?

Not right now: no reverse AAVE carry covers its borrow interest, fees and slippage at $10,000 for 7 days.

The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.