AAVEUSDC perpetual

Contract data read from Binance, Bybit, OKX and Hyperliquid public endpoints · 2026-07-30 12:26:48 UTC

AAVEUSDC is a USDC-margined perpetual on Binance, marked at 98.77 USDC inside a 24-hour band of 93.86–100.50 (1.04%). Open interest is 63,822.6 AAVE, about 6.30M USDC in live exposure, against 8.62M USDC traded in 24 hours. Funding settles every 8 hours at 0.0096%, 0.009464 USDC per AAVE held.

Mark price	98.77 USDC
24h range	93.86 – 100.50 USDC
24h change	1.04%
24h volume	8.62M USDC
Open interest	63,822.6 AAVE
Open interest value	6.30M USDC
Funding rate	0.0096% / 8h
Minimum order	5 USDC ≈ 0.050623 AAVE
Quantity step	0.1 AAVE ≈ 9.877 USDC
Price tick	0.010 USDC (0.01012% of mark)

At 0.0096% the long pays the short: a 10,000 USDC position moves 0.9582 USDC every 8 hours, 2.875 USDC a day, 10.49% a year.
Daily turnover runs 1.37× the 6.30M USDC sitting in open positions.
Hyperliquid caps this contract at 10×, so initial margin starts near 10.00% of notional — 9.877 USDC per AAVE.
Binance caps each settlement at ±0.75% — at most 0.7408 USDC per AAVE, 821% annualised.

Annualised funding, each venue on its own 8/1-hour cycle: Binance 10.49% · Hyperliquid 10.95%. The gap is 0.46 points — Binance is the cheapest venue to hold a long here, Hyperliquid the dearest.

AAVEUSDC questions

What is the smallest AAVEUSDC position?

Binance requires 5 USDC of notional, which at 98.77 USDC is 0.050623 AAVE; size then moves in steps of 0.1 AAVE.

How often does AAVEUSDC funding settle?

Every 8 hours. The current rate is 0.0096% — 0.009464 USDC per AAVE per settlement, 10.49% a year if it holds.

How liquid is AAVEUSDC right now?

Open interest is 63,822.6 AAVE (6.30M USDC) with 8.62M USDC changing hands over 24 hours.

What leverage is available on AAVEUSDC?

Hyperliquid allows up to 10×, putting initial margin around 10.00% of position value — 9.877 USDC per AAVE at the current mark.

Run your own rules on AAVEUSDC