AXS funding rates
AXS funding is -0.0119% per 8h on Bybit right now, -13.0% annualized; 12 exchanges quote the perpetual.
Rates by exchange
live| Exchange | Mark | Index | Mark vs index | Funding | APR | Interval | Next settlement |
|---|---|---|---|---|---|---|---|
 Aster | 0.9983 | 1.0003 | -0.1998% | +0.0050% | +11.0% | 4h | 03:59 PM UTC |
 BingX | 0.9995 | 1.0000 | -0.0500% | +0.0050% | +11.0% | 4h | 03:59 PM UTC |
 Bitget | 0.9990 | 1.0002 | -0.1220% | +0.0050% | +11.0% | 4h | 03:59 PM UTC |
 Hyperliquid | 0.9994 | 1.0005 | -0.1049% | +0.0013% | +11.0% | 1h | 12:59 PM UTC |
 KuCoin | 0.9990 | 1.0010 | -0.1998% | +0.0050% | +11.0% | 4h | 03:59 PM UTC |
 Lighter | 1.0002 | 1.0004 | -0.0200% | +0.0012% | +10.5% | 1h | 12:59 PM UTC |
 MEXC | 0.9994 | 1.0027 | -0.3291% | +0.0017% | +3.7% | 4h | 03:59 PM UTC |
 Gate | 0.9988 | 1.0009 | -0.2098% | +0.0026% | +2.8% | 8h | 03:59 PM UTC |
 LBank | 0.9995 | 1.0013 | -0.1798% | +0.0012% | +2.7% | 4h | 03:59 PM UTC |
 Binance | 0.9994 | 1.0003 | -0.0891% | +0.0009% | +2.0% | 4h | 03:59 PM UTC |
 Bybit | 0.9996 | 1.0000 | -0.0400% | -0.0119% | -13.0% | 8h | 03:59 PM UTC |
 OKX | 0.9991 | 1.0010 | -0.1898% | -0.0087% | -19.0% | 4h | 03:59 PM UTC |
Top pairings for AXS
| Long | Short | Kind | Funding / 24h | |
|---|---|---|---|---|
| LBank perp 0.9995 | Gate margin 1.0013 | hedge | -0.064% | Open in scanner |
| OKX perp 0.9991 | Gate margin 1.0013 | hedge | -0.004% | Open in scanner |
| BingX perp 0.9995 | Gate margin 1.0013 | hedge | -0.086% | Open in scanner |
| MEXC perp 0.9994 | Gate margin 1.0013 | hedge | -0.067% | Open in scanner |
| Binance perp 0.9994 | Gate margin 1.0013 | hedge | -0.064% | Open in scanner |
160 pairings in the scanner
See every pairing live
The scanner ranks every route by net spread through the order book, after both legs’ fees, with alerts to Telegram and a trade journal. The first week is free.
The table shows every exchange where AXS trades as a perpetual: the rate per settlement, the same rate annualized, the settlement interval and when the next one is. The numbers are the exchanges’ own, read live, not a snapshot from an hour ago.
A positive rate is paid by longs to shorts, a negative one the other way round. The annualized figure assumes the rate stays put for a year, which it never does — it is a way to compare exchanges with different intervals, not a forecast.
The highest and the lowest rate across exchanges are what a funding spread is made of: short where longs pay the most, long where they pay the least, and collect the difference every settlement — minus the cost of entering both legs.
FAQ
What is a funding rate?
A periodic payment between long and short holders of a perpetual that keeps its price near the spot price. Positive: longs pay shorts; negative: shorts pay longs.
How is the annualized rate computed?
The rate per settlement times the number of settlements in a year — 2190 for an 4h interval — in percent. It is a comparison figure, not a forecast.
Why does the rate differ between exchanges?
Each exchange computes its own rate from its own order flow and interval. The differences are what funding arbitrage lives on.