AAVEUSDC perpetual

Contract data read from Binance, Bybit, OKX and Hyperliquid public endpoints · 2026-10-03 21:16:58 UTC

AAVEUSDC is a USDC-margined perpetual on Binance, marked at 180.47 USDC inside a 24-hour band of 176.05–183.21 (-0.38%). Open interest is 52,494.3 AAVE, about 9.47M USDC in live exposure, against 7.85M USDC traded in 24 hours. Funding settles every 8 hours at 0.0100%, 0.01800 USDC per AAVE held.

Mark price	180.47 USDC
24h range	176.05 – 183.21 USDC
24h change	-0.38%
24h volume	7.85M USDC
Open interest	52,494.3 AAVE
Open interest value	9.47M USDC
Funding rate	0.0100% / 8h
Minimum order	5 USDC ≈ 0.027705 AAVE
Quantity step	0.1 AAVE ≈ 18.05 USDC
Price tick	0.010 USDC (0.00554% of mark)

At 0.0100% the long pays the short: a 10,000 USDC position moves 0.9972 USDC every 8 hours, 2.992 USDC a day, 10.92% a year.
Daily turnover runs 0.83× the 9.47M USDC sitting in open positions.
Hyperliquid caps this contract at 10×, so initial margin starts near 10.00% of notional — 18.05 USDC per AAVE.
Binance caps each settlement at ±0.75% — at most 1.354 USDC per AAVE, 821% annualised.
Hyperliquid shows 467,515.6 AAVE of open interest here, 8.91× Binance's 52,494.3 AAVE.

Annualised funding, each venue on its own 8/1-hour cycle: Binance 10.92% · Hyperliquid 10.95%. The gap is 0.03 points — Binance is the cheapest venue to hold a long here, Hyperliquid the dearest.

FAQ

AAVEUSDC questions

Binance requires 5 USDC of notional, which at 180.47 USDC is 0.027705 AAVE; size then moves in steps of 0.1 AAVE.

Every 8 hours. The current rate is 0.0100% — 0.01800 USDC per AAVE per settlement, 10.92% a year if it holds.

Open interest is 52,494.3 AAVE (9.47M USDC) with 7.85M USDC changing hands over 24 hours.

Hyperliquid allows up to 10×, putting initial margin around 10.00% of position value — 18.05 USDC per AAVE at the current mark.

Run your own rules on AAVEUSDC